05/02 Swar Yantra Technologies
HR at Swar Yantra Technologies

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Business Analyst - Java/J2EE (6-10 yrs)

Gurgaon/Gurugram Job Code: 407777

About us :

Mynd Solutions is a leading global service provider in business process and technology management, offering broad spectrum of services in Finance and Accounting (FAO), Human Resource Outsourcing (HRO), Information Technology (IT) and Consulting.

They commenced operations in 2002 in Gurgaon,India, with International presence today in Asia, Africa, Middle East, US and Europe. In the year 2017 they have launched a product known as M1xchange.

M1Exchange is an online exchange for Trade Receivables Discounting System TReDS set up under the approval of Reserve Bank of India (RBI) to facilitate discounting of invoices and Bills of exchange on a PAN India basis. Key participants to be Micro, Small & Medium Enterprises MSME ( the Seller ), large corporates including PSUs and Govt. Departments (the Buyer ) and Banks/NBFCs ( the Financier ). M1 aims to provide MSMEs Supply chain related cash flow finance at competitive rates through an open bid process through multiple financiers. Financing on M1 will be Without Recourse- to MSME supplier as per RBI guidelines. M1 will employ the latest technologies to ensure the authenticity of the underlying transaction.

RBI granted approval to Mynd Solutions in Dec 2015, to set-up and operate TReDS under the Payment and Settlement System (PSS) Act 2007. Mynd Solutions is one of the very few entities approved to set up the exchange.

Responsibilities :

- Implement advanced strategies for gathering, reviewing and analyzing data requirements

- Prioritize requirements and create conceptual prototypes and mock-ups

- Master strategic business process modeling, traceability and quality management techniques

- Apply best practices for effective communication and problem-solving

Required Skills/Experience :

- Assisting with the business case

- Planning and monitoring

- Eliciting requirements

- Translating and simplifying requirements

- Requirements management and communication

- Requirements analysis

- Determine operational objectives by studying business functions, gathering information, evaluating output requirements and formats

- Construct workflow charts and diagrams, studying system capabilities

- Improve systems by studying current practices, designing modifications

- Define project requirements by identifying project milestones, phases and elements, forming project team, establishing project budget

- Monitor project progress by tracking activity, resolving problems, publishing progress reports, recommending actions

- Written and verbal communication, including technical writing skills

- Understanding of systems engineering concepts

- The ability to conduct cost/benefit analysis

- Business case development

- Modeling techniques and methods

- Perform daily, weekly and monthly reviews and analyses of current processes using operational metrics and reports

- Suggest changes to senior management using analytics to support your recommendations. Actively participate in the implementation of approved changes

- Understand and communicate the financial and operational impact of any changes

- Excellent attention to detail with a strong focus on quality

- Ability of working in a team environment

- Adaptability and responsiveness

Desirable Skills : - Demonstrable experience gained within financial services domain

Qualifications :

- Educated to Degree Level (MBA or equivalent)

- 6+ years experience in IT Industry

- Must have worked on at least 2 large projects using Java/JEE Technologies

Salary : CTC 11 - 12 LPA

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