Business Analyst

Business Analyst

About Parkar

At Parkar, we are redefining cloud transformation with the power of Microsoft Azure and AWS platforms. Our commitment to aligning with industry-leading cloud technologies enables us to deliver tailored, best-in-class solutions that drive tangible results for our clients.

With over a decade of experience and more than 100 enterprise engagements across diverse industries, we specialize in empowering businesses to innovate and scale. From AIOps to Generative AI and advanced Machine Learning, our expertise spans the technologies that shape tomorrow’s enterprises.

As a Microsoft Gold Partner, we boast over 125 Azure certifications and a track record of 400+ successful projects powered by our team of 200+ skilled engineers. Whether it’s data analytics, DevOps automation, or application development, Parkar is dedicated to achieving each client’s unique transformation goals with agility, precision, and a relentless pursuit of excellence.

Vector is our flagship platform, built on the latest in IT and AI technology to empower organizations to work smarter and stay ahead in a fast-changing digital world. It streamlines digital operations with intelligent automation and seamless cloud integration. With features like real-time monitoring, early problem detection, and scalable flexibility, Vector helps reduce costs, boost reliability, and drive continuous innovation.

For more info., Visit our website: https://parkar.in

Role Summary

We are looking for an experienced Senior Business Analyst with strong domain expertise in payments and transaction banking. The role involves working closely with business stakeholders and technology teams to analyze requirements, define user stories, and ensure successful delivery of banking and payment solutions in an Agile environment.

Responsibilities

• Engage with business stakeholders to gather, analyze, and prioritize requirements

• Analyze business dependencies, workflows, and impacts across systems

• Create and manage user stories, product backlogs, and acceptance criteria

• Facilitate backlog grooming, sprint planning, and review meetings

• Clearly explain user stories and functional requirements to delivery teams

• Prepare and maintain business and functional documentation such as BRD and FSD

• Collaborate with multiple stakeholders and manage expectations effectively

• Apply strong analytical and problem-solving skills to address complex business challenges

• Stay informed of market trends and evolving approaches in banking and payments

Requirements

• 12+ years of overall IT experience with at least 5 years in banking and payments domain projects

• Mandatory experience in Transaction Banking – Cash Management

• Proven experience delivering projects using Agile methodologies

• Strong communication skills with the ability to engage diverse stakeholder groups

• Demonstrated ability to work effectively in multicultural and cross-functional teams

• Excellent presentation and interpersonal skills

• Proven ability to break down complex problems into manageable components

Education

• Bachelor’s degree in Business, Information Technology, Engineering, or a related field

GOOD TO HAVE

• Experience with Finastra products (Fusion Corporate Channels preferred)

• Knowledge of corporate payment products in the ASEAN region

• Understanding of core banking systems

TECHNICAL / PROFESSIONAL SKILLS

• Prior experience working as a Business Analyst

• Strong requirement analysis and documentation skills

NON-TECHNICAL / SOFT SKILLS

• Strong communication skills

• Critical thinking and analytical mindset

• Problem-solving ability

• Attention to detail

• Teamwork and collaboration