Reconciliation Lead Business Analyst

Job description

Job Title: Reconciliation Lead Business Analyst Department: CEFS-Reconciliation **About Business Line/Function** The IT Reconciliations Department is managing the reconciliations (Financial, Referential, Systems to Systems, ...) for a number of BNP Paribas's domains (Global Markets, Global Banking, Security Services, Wealth Management, ...) via specialized expert systems (FIS DIM/Intellimatch, Pega PCM, Socrates). Our internal clients are working 24/7 at a worldwide level with a high level of reliability. IT systems are integral to the business and are a key part of the value proposition to clients. These IT systems range from industry standard products for standard process automation to internally developed, often, market leading IT applications. The IT teams owning these IT systems are made up of functions that include Technical and Application production support, Business Analysis & Project Management, Development & Maintenance and Quality Control. BNP Paribas India Solutions is the key partner in all IT functions and has interactions with colleagues in other locations including Paris, London, New York, Tokyo, Singapore & Hong Kong. This partnership ranges from sharing the IT workload, executing global strategy to owning global applications offshore. The technology and engineering landscape is wide, encompassing almost all techniques and platforms. It continues to evolve and transform with the market with the business continuing to invest in it. To ensure our efficiency and alignment with the market expectations, we have to ensure that both our architecture and our technologies are up to date and aligned with the most efficient and reliable standards. **Position Purpose** The position has a strong focus on stability, flexibility, and expertise to always guarantee the proper Clients’ expectations. Working in an international Clients base environment but also as part of an Offshore organization, the capacity to interact in a respectful and easy way with both his/her Clients, Management, and team to find compromises while guaranteeing the proper organization and seamless relations is a must. The key interactions are with the Project Sponsor, operations team, and delivery teams. Working in a very quality oriented environment, the position requires Agile knowledge as well as Costs and Clients’ benefits concepts. This position requires strong leadership, communication, and adaptability to navigate the complexities of working in a globally distributed environment. The Business Analyst within Reconciliation IT is the functional and technical SME who drives end-to-end value change for the Group’s reconciliation ecosystem. This role involves leading a team of business analysts, engaging with senior stakeholders, managing requirements for complex projects, and ensuring the alignment of IT deliverables with business strategies. The Lead IT Business Analyst acts as a trusted advisor, mentor, and facilitator within the business analysis team and plays a critical role in shaping project outcomes. Proactive, analytical, and strategic mindset, with the ability to lead complex projects and improve IT processes to support the business and organizational growth. The IT Business Analyst shall be in charge of all the requirements gathering, clarification of the request, translating them to User stories , ensuring the UAT’s are completed with end users in a timely manner. **Responsibilities** Direct Responsibilities - Leadership and Team Management - Lead, mentor, and manage a team of business analysts, providing guidance, support, and professional development. - Define and enforce best practices in business analysis, ensuring high-quality standards across projects. - Foster a collaborative team environment that promotes knowledge sharing and continuous improvement. - Requirements Gathering and Documentation - Engage with senior stakeholders to understand business needs and define high-level requirements. - Lead the business requirements gathering process, ensuring documentation is clear, complete, and aligned with project goals. - Oversee the development of functional and technical specifications for complex projects. - Project Oversight and Strategic Alignment - Work closely with project managers and IT leaders to align project deliverables with strategic business goals. - Provide input on project scope,objectives, and resource allocation, ensuring projects arefeasibleand add value to the organization. - Act as the key point of contact for escalations, risk identification, and conflict resolution related to business analysis activities. - Process Improvement and Optimization - Analyze and evaluate current business processes toidentifyopportunities for improvement, cost savings, and increased efficiency. - Recommend, design, and implement process improvements that support organizationalobjectives. - Collaborate with cross-functional teams to embed new processes andfacilitatechange management. - Solution Design and Validation - Work with IT architects and solution designers to ensure that proposed solutions align with business needs and technical standards. - Lead solution validation efforts, including user acceptance testing (UAT), to confirm that deliverables meet requirements. - Provide final approval on business requirements and design specifications before development. - Stakeholder Engagement and Relationship Management - Build strong relationships with stakeholders across the organization, ensuring that business analysis activities are aligned with their needs. - Facilitate clear and effective communication between business stakeholders and IT teams, managing expectations and resolving conflicts. - Lead stakeholder meetings and workshops to present findings,facilitatedecision-making, and guide project direction. - Data Analysis and Reporting - Use data and insights to support decision-making,validatebusiness requirements, and measure project success. -