FAR CRR – Jr Business Analyst

May 6, 2024

FAR CRR – Jr Business Analyst


  • Standard / Permanent
  • IN-MH-Mumbai
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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 24×7 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.

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, corporate 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

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.

About Business line/Function:

Under BNP Paribas IT Group, FRESH is the IT framework encompassing Projects & Systems of Finance and RISK functions, with a strong focus on efficiency, proximity, agility and time-to-market.

FRESH is a worldwide organizational model that will contribute to tackle major challenges of the Group’s transformation of today and tomorrow, building the best offering to the Finance and Risk Community through a progressive rotation to new technologies and best practices. The FRESH organization is the outcome of several convergences: between the Project & Systems teams of Group Finance, CIB Finance and RISK and their related IT teams.

FRESH is part of the IT Group organization (ITG in Europe and ITO overseas) with a threefold sponsorship by ITG, Finance and RISK (CIB-ITO; RISK Solutions and ITG-FIT). 

Job Title:

Jr. Business Analyst


Jan 18, 2024




NKP – Mumbai

Business Line / Function:


Reports to:



(if applicable)



Number of Direct Reports:


Directorship / Registration:


Position Purpose

The analyst will be a part of the ISPL Mumbai – FAR-CRR (Financial Accounting Reporting & Credit Risk Reporting) projects team.  The Business analyst will primarily work on Accounting / Financial Reporting / Credit Risk reporting Projects.  In addition, the analyst will also perform business analysis for different Accounting Platforms & Finance systems.


Direct Responsibilities


–          Understanding data sources, composition, rules of reporting required by different applications and ensuring data completeness & accuracy.

–          Creating a detailed business analysis, outlining problems, opportunities, and solutions for a business.

–          Reconciling data sets & trace data evolution through transformation processes.

–          The role involves performing root cause analysis on CHANGE the BANK and RUN the BANK issues.

–          Preparing functional specifications, proof of concepts, test cases for reports and enhancements in the General Ledger platforms, Finance systems and Risk System.

–          Create and establish processes and handoffs between different global & local teams.

–          Participate in multiple evolutions & projects, updating project documentation determining daily priorities, ensuring efficient and on-time delivery of project respective tasks.

–          Liaise between Operations and IT to assist or gather business requirements needed for system modifications, enhancement and implementations.


Contributing Responsibilities

Preparing basic status reports, communication broadcasts, and process reengineering.

Technical & Behavioral Competencies

Data Analyst

·       Ability to source, transform and analyze large data sets.

·       Perform reconciliations and data analysis.

·       Ability to identify issues & manage short term and permanent fixes

Business Analytical skills

·       Eliciting user requirements and transforming them to functional specifications/Change requirements.

·       Preparing business test cases.

·       Liaising with development team on the production queries & enhancements.

·       Experience with software development life cycle & implementation

·       Basic understanding on Accounting and Finance concepts and awareness of Credit Risk, IFRS reporting concepts, Finance head-office reporting processes will be value add.

Technical Skills

·       Ability to work with large data sets in MS Excel and corresponding tools and formulae like pivots, lookups etc.

·       Basic SQL Skills required.

Behavioral Competencies

·       Good verbal and written communication skills.

·       Assertiveness & Proactiveness skills are important.

·       Discipline in documenting, following-up on issues and changes.

Specific Qualifications: Business analyst needs to have very good functional skills and overview of finance application, ledgers and reporting ecosystems.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Communication skills – oral & written

Ability to synthetize / simplify

Attention to detail / rigor

Organizational skills

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Ability to develop and leverage networks

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)


MBA in Finance, Bachelor’s Degree in engineering ,I.T, Commerce

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