Job Title: Senior Business Analyst (Trade Finance Domain)

Section II - Job Evaluation Topics and Weight:

- Trade Finance Domain Expertise (LC, Guarantees, Collections, SCF) Mandatory 25%

- Business Analysis & Requirement Elicitation (BRD, FRD, Use Cases) Mandatory 20%

- Banking & Regulatory Knowledge (ICC, SWIFT, AML/KYC) Mandatory 15%

- Agile/Scrum & Delivery Collaboration (Backlog, Sprints, Stakeholder mgmt.) Mandatory 10%

- Solutioning & Functional Design Capability Mandatory 10%

- Stakeholder Communication & Interpersonal Skills Mandatory 10%

- Process Improvement & Transformation Capability Non-Mandatory 10%

Section III - Job Requirements and Responsibilities:

Job Requirements:

The Senior Business Analyst will drive requirement analysis and solution delivery for Trade Finance platforms, supporting digital transformation initiatives across Trade, Supply Chain Finance, and Microfinance systems. The role involves working closely with business stakeholders, product owners, and delivery teams to translate business needs into scalable technology solutions.

Key Responsibilities:

1. Business Analysis & Requirement Management:

- Elicit, analyze, and document functional and non-functional requirements.

- Conduct stakeholder workshops, requirement walkthroughs, and validations.

- Translate business requirements into solution design and user stories.

- Maintain high-quality documentation (BRD, FRD, use cases, process flows).

2. Trade Finance Functional Expertise:

- Drive functional analysis across Trade Finance products such as:

1. Letters of Credit (LC)

2. Bank Guarantees

3. Receivables Finance / Supply Chain Finance

4. Trade Loans and Payments

- Ensure alignment with regulatory, compliance, and risk frameworks.

- Support product configuration and domain validations.

3. Agile Delivery & Stakeholder Collaboration:

- Work closely with Product Owners in backlog creation and prioritization.

- Participate in sprint planning, backlog grooming, and demos.

- Collaborate with cross-functional teams (IT, QA, vendors) for solution delivery.

- Ensure traceability from requirement to implementation.

4. Solutioning & Implementation Support:

- Bridge business and technical teams during design and development.

- Support system integration, UAT coordination, and defect resolution.

- Validate deliverables and ensure alignment with business expectations.

- Contribute to release planning and post-implementation support.

5. Quality, Governance & Compliance:

- Ensure adherence to enterprise governance standards and documentation.

- Support audit readiness, compliance checks, and process standardization.

- Identify risks, propose mitigation strategies, and track resolution.

Section IV - Job Qualifications & Skills:

Domain:

Strong functional expertise in end-to-end Trade Finance lifecycle including:

1. Letters of Credit (Issuance, Amendment, Advising, Settlement)

2. Bank Guarantees / Standby LCs

3. Documentary Collections (Import/Export)

4. Trade Loans and Bills Discounting

5. Supply Chain Finance / Receivables Financing

Understanding of trade workflows, document flows, and transaction processing across banks, corporates, and counterparties.

Soft Skills:

- Excellent communication.

- Team collaboration.

- Documentation and knowledge sharing.

Education Requirements:

Bachelors degree in Engineering / Finance / IT. MBA (Finance/Operations) preferred.

Certifications:

Certifications such as CBAP / PMI-PBA / Agile certifications are an advantage.

Section V - Sample Questions for Training Model:

1. Trade Finance Core Domain Questions (High Weightage):

- Explain the end-to-end lifecycle of a Letter of Credit (LC).

- What are the differences between LC, Bank Guarantee, and Documentary Collection?

- How does Supply Chain Finance / Receivables Financing work?

- What are key SWIFT messages used in Trade Finance (MT700, MT760, etc.)?

- How do you handle discrepancies in trade documents?

- Explain risk and compliance checks in trade finance transactions.

- What are ICC guidelines (UCP 600 / URDG) and where are they applied?

2. Business Analysis Capability:

- Walk me through your approach for requirement elicitation in a new project.

- How do you convert business requirements into functional specifications or user stories?

- What artifacts have you created (BRD, FRD, process flows)?

- How do you ensure requirement traceability across SDLC?

- Can you give an example where you resolved ambiguous requirements?

3. Scenario-Based Questions (Key for Filtering Seniority):

- If business and IT stakeholders have conflicting requirements, how will you handle it?

- A trade finance process is highly manual and inefficient - how would you improve it?

- During UAT, users reject changes - what would be your approach?

- How would you identify process gaps and risks in a trade platform?

4. Agile & Delivery Approach:

- How do you work with Product Owners in backlog management?

- What is your role in Sprint planning and refinement sessions?

- How do you ensure quality delivery in Agile projects?

- How do you manage frequent requirement changes?