JobCubby JobCubby
Sign up
IDFC FIRST Bank

Business Analyst - Trade Finance

IDFC FIRST Bank Navi Mumbai, Maharashtra, India

Banking · 10,001+ employees

6 d ago
business-analyst Mid (2-5 yrs) Full-time India
Create a free account to apply — email only, no card. You can also save this posting or score it against your profile with AI.

About the role

The Business Analyst will analyze, design, and enhance Trade Finance systems by collaborating with stakeholders to deliver functional requirements and optimized solutions. They are responsible for managing change requests, providing L2/L3 production support, and ensuring system integrity across various trade applications.

What they look for

Trade Finance Business Analysis TRRACS FBTI Requirement Analysis Functional Testing UAT Change Management Production Support Stakeholder Management API Integration Regulatory Reporting Process Optimization System Configuration Reconciliation Analysis Audit Support

Requirements

Candidates must hold a graduate or postgraduate degree in Finance, Commerce, or Business Administration. A minimum of 4 years of experience in the Trade Finance domain with hands-on knowledge of TRRACS and FBTI systems is required.

Full description

Job Requirements Role/Job Title:

Business Analyst – Trade Finance

Job Purpose

To analyze, design, and enhance Trade Finance systems and processes by collaborating with business stakeholders, understanding functional requirements, driving solution delivery, and ensuring smooth system operations across TRRACS, FBTI, and related trade applications.

Roles & Responsibilities

  • Analyze business processes, identify improvement opportunities, and recommend optimized solutions.
  • Prepare BRDs, User Stories, and Functional Specifications based on business requirements.
  • Perform requirement analysis, functional testing, SIT support, and provide UAT sign‑off.
  • Manage and track Change Requests (CRs), enhancements, and project deliverables.
  • Provide L2/L3 production support, resolve functional issues, and coordinate with technology teams.
  • Conduct stakeholder communication, provide system demos, and lead show‑and‑tell sessions.
  • Support integration requirements including APIs, file‑based systems, and DB linkages.
  • Analyze CRs, validate FSDs, and resolve functional queries.
  • Validate trade finance reports and handle problem tickets.
  • Support integration with FBTI & DGFT.
  • Review test cases and assist testing teams.
  • Analyze and validate regulatory/ad‑hoc reports.
  • Execute system configurations (e.g., MCLR, holiday master, tailoring).
  • Develop and deploy trade advices via DTU tools.
  • Perform reconciliation analysis and rectify mismatches.
  • Provide L2/L3 functional support.
  • Analyze regulatory module CRs and provide functional support.
  • Participate as SME in internal audits.
  • Provide necessary artifacts and track open audit items.

Secondary Responsibilities

  • Mentor and guide junior Business Analysts.
  • Contribute to process optimization and best‑practice documentation.
  • Support enterprise-wide projects related to Trade Finance automation and enhancements.
  • Collaborate on cross‑functional initiatives involving technology, compliance, and operations.

Key Success Metrics

  • Timely delivery of CRs, BRDs, and functional specifications.
  • Reduction in production issues and faster resolution TAT.
  • Accuracy of testing cycles and defect‑free deployments.
  • Stakeholder satisfaction and improved process efficiency.
  • Compliance adherence and closure of audit observations.

Qualification

  • Graduate/Postgraduate in Finance, Commerce, Business Administration, or related fields.
  • Additional certifications in Trade Finance or Business Analysis (preferred).

Experience

  • 4 + years of experience as a Business Analyst in Trade Finance domain.
  • Hands‑on experience in TRRACS, FBTI, Trade Finance operations, testing lifecycles, and project implementation is preferred.

Similar roles