Business Analyst - Trade Finance
IDFC FIRST Bank · Navi Mumbai
- Experience4+ yrs
- SalaryNot disclosed
- Work modeunknown
- Levelmid
- Posted18 Sept 2026
About IDFC FIRST Bank
IDFC FIRST Bank is hiring in Navi Mumbai in financial services. This role looks for around 4+ years of experience.
Skills
- Trade Finance
- Business Requirements Analysis
- Functional Testing
- System Integration
- Regulatory Reporting
- Production Support
The role
A business analyst works in a banking trade finance environment. They analyze and improve trade finance systems and processes, translate stakeholder needs into BRDs and functional specifications, support testing and production operations across trade applications, and manage change delivery. Their skills include trade finance, business requirements analysis, functional testing, system integration, regulatory reporting, audit support, and production issue resolution.
Full job 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.