Job Title: Business Analyst – IDC (Intellect Digital Core)
Department: Product Development / Business Analysis
Location: Siruseri, Chennai
Experience Required: 3 to 5 years
Employment Type: Full-Time
Reports To: Lead Business Analyst / Product Manager – IDC
About Intellect & IDC
Intellect Design Arena is a leading global provider of financial technology solutions.
Our Intellect Digital Core (IDC) platform delivers comprehensive core banking functionality through a modern, microservices-based architecture.
IDC empowers banks to innovate with speed and agility by providing scalable solutions across deposits, lending, trade finance, virtual accounts, billing, and more.
Role Overview
As a Business Analyst in the IDC team, you will act as a critical link between business stakeholders and the technology team.
You will gather and analyze business requirements, prepare functional documents, and support product development throughout the lifecycle.
This role requires a mix of banking domain knowledge, strong analytical skills, and the ability to work in a fast-paced Agile environment.
Please note this role is mandate to possess Core Banking/ Payments / Banking Experience.
Key Responsibilities
- Collaborate with product managers and client stakeholders to gather business requirements.
- Create Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and User Stories.
- Work closely with development and QA teams to ensure correct interpretation and implementation of requirements.
- Analyze existing product modules and recommend enhancements or optimizations.
- Participate in client workshops, UAT planning, and issue triaging.
- Create process flows, wireframes, and assist in defining UI/UX logic (where applicable).
- Conduct gap analysis for banking products and regulatory compliance features.
- Ensure requirements are aligned with the IDC product roadmap and standards.
✅ Required Skills & Qualifications
- 3–5 years of experience as a Business Analyst, preferably in banking or fintech domains is mandatory.
- Understanding of Core Banking Systems, especially areas like deposits, payments, virtual accounts, billing, or lending.
- Familiarity with Agile/Scrum methodologies and tools like JIRA and Confluence.
- Ability to write clear, concise functional specifications and user stories.
- Strong problem-solving and analytical skills.
- Effective communication skills to interact with stakeholders and internal teams.
- Bachelor’s degree in Engineering, Finance, Computer Science, or related field.