Business Analyst (Credit Risk Department) 1. Jr. Business Analyst (Risk) 2. Sr. Business Analyst (Risk) We are hiring for Small Industries Development Bank of India (SIDBI). This role will be broadly responsible for the (A) Implementation of New Systems in Risk Management : - Identify the system requirements to support various risk functions of the Bank viz. Credit Risk Management through Rating models / platform, Exposure framework, Rating model validations / Early Warning Systems (EWS) etc. - Prepare Detailed and clear Business Requirements Document, with workflows, use cases, process diagrams and visual representations, as applicable. - Prepare High level System Requirement and Design Documents / Functional Requirement Document (FRD). - Liaise with vendors, IT function and all other stakeholders / business functions to define Solution implementation roadmap and tracking on daily basis. Regular Stakeholder communication and Status reporting. - Guide/Help the IT Development and Quality Assurance (QA) Team for clarification of business requirement queries in time bound manner. - Work with QA and Development Team to prepare /review - Requirement Traceability Matrix (RTM) and ensure timely completion of User Acceptance Test (UAT). - Participate actively in Review Meetings with Business Operations, Risk and IT Stakeholders and act as a bridge between Business and IT Teams. - Prepare the Standard Operating Procedure for end-users for different Risk systems in place. (B) Maintaining Existing system in Risk Management : - To review and identify gaps in various existing Risk management systems and recommend necessary changes for efficient risk management. - Coordinating / liaise with vendors for modification / updation of systems. - Carrying out User Acceptance Test (UAT) and other related functions to validate changes in the systems and coordinating with IT team for deploying the systems in live environment. - Attending user level queries / issues pertaining to rating model usage / EWS alerts and providing resolution for the same. - Carrying out backtesting of rating models and EWS alert system for effectiveness and periodic reporting to the Risk Committees. - Conducting Rating Model validation, EWS alert validations etc. (C) MIS preparation / Reporting System: - Maintaining MIS of Rating migration, EWS alerts (criticality-wise) for reporting purposes. - Preparation of Data analysis on various rating models, EWS systems for alert logics etc. - Regular updation / maintenance of Rating model inventory and EWS alert logic library.

Mumbai

Business Analyst - Credit Risk Department - Bank 

Job Description for Business Analyst - Credit Risk Department - Bank  in Globtech Advisors Pvt Ltd in  Mumbai for (2-10) years of experience. Apply Now!