Job Title: Sr. Business Analyst
Department: CEFS IT - Functions Transversal IT Delivery
About Business line/Function: CEFS IT having focus on applications servicing Client Lifecycle management, Due Diligence /KYC , Customer Relation Management, Service Request Management, Referential and Data Quality, PreTrade Transaction Screening and Anti-Money Laundering. For testing tools & technologies being used include Java, VB Script, Selenium, BDD, TestNG, Restassured, Postman etc... Agile and DevSecOps practices are widely used. Landscape includes projects that are a mix of established and some under transition to new platforms.
Position Purpose: We are seeking a skilled and experienced Senior Business Analyst with a strong background in regulatory/audit reporting. The ideal candidate will have exceptional communication skills and a proven track record in stakeholder management, particularly with business teams, operations teams, and IT teams.
The candidate should also be well-versed in different project methodologies like Waterfall, Iterative, and Agile, with the ability to create user stories, manage backlogs, prioritize tasks, and act as a pseudo product owner. Additionally, an understanding of metadata and data analysis in the context of regulatory reporting is essential.
Responsibilities
Direct Responsibilities
- Collaborate with senior stakeholders including business teams, operations teams, and audit teams to gather requirements, understand processes, and ensure effective communication.
- Define and enforce data‑validation rules (format, completeness, range, and consistency checks) for all regulatory‑reporting feeds, ensuring that data entering downstream systems meets quality standards before submission.
- Possess a deep understanding of financial products such as OTC derivatives, FX, options, cash bonds, and cash equities, along with their associated regulatory reporting requirements.
- Conduct root‑cause analysis of data‑quality issues, working with data owners, front‑office, and technology teams to remediate source‑system problems and update control procedures.
- Able to understand the business perspective and need from the business while gathering the requirements and be able to articulate when in various forums
- Creating Requirement Specifications in the form of user stories, FSD, BRDs – and those specific to APIs.
- Understand current state and propose target state. Able to model business process.
- Utilize different project methodologies including Waterfall, Iterative, and Agile to create user stories, maintain backlogs, prioritize tasks, and effectively manage projects.
- Act as a pseudo product owner by engaging with stakeholders to define project scope, prioritize tasks, and provide leadership throughout the project lifecycle.
- Understand metadata and data analysis within the context of regulatory reporting, contributing to accurate and compliant reporting processes.
- Work closely with technical teams to bridge the gap between business requirements and technical solutions, ensuring successful implementation.
- Perform thorough documentation of business requirements, user stories, process flows, and project updates.
- Collaborate with cross-functional teams to deliver high-quality solutions that meet regulatory standards and business needs.
- Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions.
- Ability to plan, design, and execute test cases
Contributing Responsibilities
- Contribute towards innovation; suggest new functional practices for improving the regulatory solution.
- Contribute towards audit reporting cycles and extended support during the ad-hoc reports.
- Ownership & Proactivity – Takes full responsibility for task delivery, anticipates roadblocks and drives resolutions with minimal supervision.
- Change Management & Mentoring – Leads adoption of new reporting processes, trains junior analysts, and promotes best practices.
Technical & Behavioral Competencies
- Minimum 6+ years of experience as a Business Analyst in regulatory reporting or related financial domain.
- Data‑validation & quality expertise – design and maintain validation rules, data‑profiling, statistical anomaly detection, and data‑governance.
- Strong verbal and written communication skills, with an ability to interact with senior stakeholders effectively.
- Proficiency in stakeholder management, ensuring smooth communication and alignment of project objectives.
- Self‑starter with strong ownership – thrives in autonomous environments with minimal management oversight.
- Collaborative team player – works cross‑functionally (operations, audit, technology, data‑governance) to deliver end‑to‑end solutions.
- In-depth understanding of financial products – Core Banking, Financial Markets and Regulatory reporting domain
- Familiarity with different project methodologies including Waterfall, Iterative, and Agile.
- Strong analytical skills, with the ability to convert complex business requirements into actionable solutions.
- Detail-oriented mindset with a commitment to accuracy and compliance in regulatory reporting.
- Collaboration and teamwork skills, enabling effective cross-functional project execution.
- Proactive with a solid sense of ownership and accountability for tasks
- Ability to communicate effectively and influence optimally at all levels of the organization.
- Understanding on Capital Market Domain including different Asset Classes, Financial Products
- Working knowledge of SQL and ability to query database for analysis and investigation of issues.
- Ability to work in an autonomous fashion with low levels of management intervention
- Good understanding of IT systems (databases, web development etc.)
- Able to use and plan on MPP, Visio, JIRA
- Proficient in MS-Excel, MS-Word & MS-PowerPoint.
- Good grasp of relational & columnar databases, data‑warehousing concepts, and basic web‑development fundamentals (REST APIs, JSON).
- Data‑Validation & Analysis
- Design and maintain data‑quality rules (completeness, range, referential integrity).
- Perform data‑profiling, statistical anomaly detection and root‑cause analysis using SQL and Python (pandas) or R.
- Build and maintain dashboards (Power BI / Tableau) to monitor data‑quality and reporting KPIs
Specific Qualifications:
- Working knowledge in corporate banking finance and global market finance
- Understanding on Capital Market Domain including different Asset Classes, Financial Products
- Knowledge of Financial Regulatory topics, ideally to include FATCA, MIFID, Dodd Frank, EMIR, AEOI, etc.
- Having knowledge of any Tax or Audit domain is a plus.
- Influence & Negotiation – Persuades and aligns stakeholders at all organizational levels to achieve project objectives.
Experience Level: 7+
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
- Ability to understand, explain and support change
- Analytical Ability
- Ability to develop and adapt a process
Behavioral Skills:
- Ability to collaborate / Teamwork
- Decision Making
- Communication skills - oral & written
Education Level: Bachelor Degree or equivalent
Location: Mumbai
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
