We are seeking an experienced Business Systems
Analyst (BSA) with strong expertise in Credit Risk, Expected Credit Loss (ECL),
and Regulatory Reporting within the banking and financial services industry.
The ideal candidate will act as a liaison between business and technology
teams, driving requirements management, data analysis, system integration,
testing, and regulatory compliance initiatives for risk and finance
transformation programs.
Key
Responsibilities
Business
Analysis & Requirements Management
- Gather, analyze, document, and validate business and system
requirements related to Credit Risk and ECL processes.
- Collaborate with Risk, Finance, Data Governance, Regulatory
Reporting, and Technology teams to define business solutions.
- Translate business requirements into detailed functional and
technical specifications.
- Facilitate stakeholder workshops, requirement reviews, and solution
design sessions.
- Maintain end-to-end requirement traceability throughout the project
lifecycle.
Credit Risk
& ECL Initiatives
- Support the implementation and enhancement of Expected Credit Loss
(ECL) processes and systems.
- Work with stakeholders on key ECL components, including:
- Probability of Default (PD)
- Loss Given Default (LGD)
- Exposure at Default (EAD)
- Forward-Looking Information (FLI)
- Macro-Economic Scenarios
- Staging Assessment (Stage 1, Stage 2, and Stage 3)
- Partner with quantitative modeling teams to support model
implementation and business requirements.
- Assess impacts of regulatory, accounting, and business changes on
ECL processes and reporting.
Data
Analysis & Systems Integration
- Perform data analysis, data mapping, and gap assessments across
multiple applications and platforms.
- Support data quality, reconciliation, and validation activities.
- Collaborate with technology teams on system integration and data
transformation initiatives.
- Assist in defining business rules and data requirements for
enterprise risk systems.
Required
Qualifications
- 7–10+ years of Business Analysis experience within Banking or
Financial Services.
- Minimum 3+ years of experience supporting ECL (Expected Credit
Loss) initiatives.
- Strong understanding of Credit Risk Management and Regulatory
Reporting processes.
- Experience gathering and documenting business, functional, and
system requirements.
- Strong analytical, problem-solving, and stakeholder management
skills.
- Experience in large-scale data, risk, or finance transformation
programs.
- Knowledge of SDLC, Agile, and Waterfall delivery methodologies.
- Excellent communication, presentation, and documentation skills.
Skills Required
- 7-10+ years of business analysis experience within banking or financial services
- 3+ years of experience supporting Expected Credit Loss initiatives
- Strong understanding of credit risk management and regulatory reporting processes
- Experience gathering and documenting business, functional, and system requirements
- Strong analytical, problem-solving, and stakeholder management skills
- Experience in large-scale data, risk, or finance transformation programs
- Knowledge of SDLC, Agile, and Waterfall delivery methodologies
- Excellent communication, presentation, and documentation skills
What We Do
Kumaran Systems is an IT Services Company with imprints in three countries. The past two decades has seen us provide our global clientele with high-end IT services that include migration support, system integration and infrastructure management solutions, providing one-stop-solution to all your IT demands. Our expertise and in-depth knowledge of businesses help us cater to a variety of industries. Our team strives to know your industry better, by observing current trends and the way it works, to tailor-make our solutions to your needs.With over 20 years of customer orientation, over 2000 engagements across Telecom, Education and Banking & Financial services spread across the globe, Kumaran stands as a key advisor to some of the largest Fortune 500 companies in their business driven technology enablement drive. Kumaran System's Customer Orientation is driven by a global delivery business model giving its customers to choose between an Onshore-Offshore mix. The delivery models enable multilevel touch points between the client, partner networks and Kumaran thereby enabling business driven customer sensitivity and agility. ENGAGE, EMERGE AND EXCEL Involving ourselves in a purposeful action, using our abilities to its maximum, helps us feel positive about ourselves. Such positivity gives raise to positive thinking and positive ideas. Ideas evolve into vision and set our aim! Our aspirations engage us with the incentive of sweet success! Every endeavor has its own pitfalls. Perseverance helps us emerge a successful entrepreneur after any deterrent. In our attempt to achieve our aim, we keep upgrading our knowledge and skill, to surface successful! A genius mind does not work to excel, but excels in work! We challenge ourselves with every next step! We change every deterrent to a stepping stone to success. We essentially, engage, emerge and excel
