Analyst – Functional Business Analyst (India)

Job title: Analyst – Functional Business Analyst (India)

Company: MUFG


Job description: About MUFG Global Service (MGS)MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.For more informatJob DescriptionAbout Us:
MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Global Service Private Limited:
Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia PacificAbout the Role:Position Title: Functional Business AnalystCorporate Title: Analyst/Senior AnalystLocation: BengaluruJob ProfilePurpose of the Role:To play a key role in enhancement of Core Banking System (CBS) and Downstream Reporting from business perspectiveMain Responsibilities:

• Evaluate business processes and reporting requirement, document the requirement and co-ordinate with the development team
• Lead the discussion of gap analysis including documentation like creation of BRD, FSD , BRFSD etc
• Trouble shooting BAU system issues, recording and tracking in JIRA /Confluence tools – liaison with HO and Technical teams for timely closure
• Ensure solid partnerships across branches and maintain relationships with project stakeholders
• Collaborate and co-ordinate with the Technical BA and global partners including vendor
• Develop and execute User Acceptance Test and Migration Plans
• Work closely with Operations team, CB team and vendors and ensure the timelines are met without any delays/issues.
• Understand the current process/Product flow and bring solutions for manual process steps, either via Automation via CB or other modes which can be tied up to the process overall.
• Identify issues /risks in terms of current process flow and bring right mitigate to protect banks overall Risk parameters.
• Conduct meetings and presentations to share ideas and findings.
• Collaborate with stakeholders ensuring solutions and prioritizing initiatives to meet business needs and requirements.
• Monitoring deliverables and ensuring timely completion of projects.
• Translate business requirements into technical specifications for T24 system configuration and customization.
• Work closely with the development and technical teams to ensure successful system implementations and integrations.
• Provide expertise in T24 modules, configurations, and functionality to support project requirements.
• Maintain project related data repository and prepare business process documentation.
• Provide walkthrough and training to business users as required.

Expertise / knowledge required

• 2-6 years of relevant working experience in bank/GCC in Operations – Payments, Trade finance, Deposits, Loans, Treasury, Accounting
• Experience of business requirement creation, analyzing and publishing the requirements as per requirements.
• Basic understanding of CBS products and Regulatory and Internal Reporting (Loans, Treasury, Deposits, Funds Transfer, Export/ Import, Accounting/ Information, Common Function)
• Strong organizational, oral, and written communication skills required
• Working knowledge on project tools like JIRA, Confluence, MS Project, Visio etc
• Experience of CBS implementation project, especially T24 AA/TPH/MD/LD modules and T24 Analytics is preferred

Requirements:

• University graduate in business or related field
• Exceptional analytical and conceptual thinking skills.
• The ability to influence stakeholders and work closely with them to determine acceptable solutions.
• Advanced technical, documentation, fundamental analytical and conceptual thinking skills.

Expected salary:

Location: Bangalore, Karnataka

Job date: Sat, 12 Apr 2025 07:50:24 GMT

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