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Northern Trust

Senior Consultant , Business Analysis

Posted 7 Days Ago
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Hybrid
Pune, Maharashtra, IND
Senior level
Hybrid
Pune, Maharashtra, IND
Senior level
Performs business analysis for cash services change initiatives in banking. Partners with Product Owners, architects, developers, testers, and Scrum teams to define requirements, write user stories and acceptance criteria, analyze data and business rules, review test results, create functional specifications, and maintain SDLC discipline. The role requires deep payments and banking expertise, including ISO 20022, SWIFT messaging, cash and liquidity management, Agile delivery, and Target Operating Models.
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About Northern Trust


As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.


Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.


Cash Service -Change Capability team

Cash Capability team is a change team that supports Cash Servicing within Northern Trust corporation, that support optimize growth of Northern strategic Enterprise banking model (EBM) to support clients and operation, by delivering a modern harmonized, scalable global cash operating model that strengthens operational and technical resiliency and drives productivity through automated, transparent and efficient toolsets in order to deliver improvement to client services, strengthen the intraday risk and control framework.

 

SUMMARY-

Individual will perform Business Analysis duties in line with the delivery of the Products within the Cash Services Change Portfolio.

    

Individual will work closely with the relevant Product Owner to ensure the correct level of upfront analysis is completed to inform the design of both the Operating and App Development Models.  They will be responsible for supporting the Product Owner in writing features, taking the lead in writing Stories and maintaining good SDLC discipline.

 

Individual requires a forensic mind-set with a passion for “understanding how things work”. The ability to pull an overall complex picture together from stakeholder interviews, documentation and reviewing external market practice.  Create documentation where none existing and provide metrics and evidence to help validate decisions and strategic direction     

 

MAJOR DUTIES-

  • Work collaboratively with the Scrum team, conducting analysis as required to document changes needed, writing User stories, taking the lead in writing Stories and maintaining good  SDLC discipline.
  • Support Product Owner, Solutions Architects, Testers and Developers to ensure that eventual outcome meets the desired success criteria
  • Elaborate high-level business requirements & design provided by operations teams, product owner, business architects to a level of detail that is sufficient for developers to build a complete solution
  • Analyses data to determine the logic of new business rules
  • Create detailed acceptance criteria for each user story in the Given, When, Then format that, if met, will demonstrate that the development meets the business need
  • Refine the user story with the scrum team ensuring that there is understanding of both the business need and detailed requirements
  • Answer questions from developers and testers throughout the lifecycle of the story
  • Conduct a detailed review of test results v. the acceptance criteria
  • Write functional specifications where necessary so that end users understand how to use the new or enhanced functionality
  • Actively participate in Agile ceremonies such as stand-up, backlog refinement, planning and retrospectives

 

KNOWLEDGE/SKILLS:

  • Market Knowledge of Cash Products, Global Payments and Industry Change, including Cash and liquidity management, credit and balance sheet finance reporting.
  • In-depth knowledge of NT’s current Cash Architecture and associated business processes.  
  • Previous experience working large scale, complex change initiatives
  • Experience with working with Agile delivery methods, specifically Scaled Agile.
  • Excellent problem solving and analytical skills
  • Strong communication skills: written and verbal.
  • Exposure and understanding of Project & Product Change methodologies
  • Analytical skills to resolve and research enquiries and issues
  • Strong planning, organizational and problem-solving skills
  • Ability to actively collaborate and work with extended team outside of the Business unit
  • Advanced proficiency in Microsoft Suite of tools, PBI
  • High level of attention to detail with a focus on ensuring accuracy in financial records
  • Must have good interpersonal skills with the ability to establish credibility and foster excellent working relationships with internal and external partners
  • Work well with people in the same department, both locally and globally

 

EXPERIENCE:

  • 24 months as Consultant
  • 5-10 years hands-on Payments and Banking functionality Business Analyst in Agile and Waterfall delivery methodology
  • Track record of successful delivery of 2-3 full life-cycle changes in Banking and Financial industry in recent years
  • SME level knowledge of FIN and ISO20022 messaging across  SWIFT CBPR+, CHAPS,RITS and Target 2 payment networks, Cash and liquidity management, credit and balance sheet finance reporting.
  • Worked on creation of functional led Target Operating Model
  • Expert and up-to-date in usage of standard tools & processes viz. JIRA, AzureDevOps, and MS Office suite
  • Processing and manipulation of data to achieve business objectives
  • Basic SQL skills
  • (Nice to have) Custody Product knowledge,
  •  

Working with Us


As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.


About Our Bangalore Office


The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.

Northern Trust Kharadi, Maharashtra, IND Office

SEZ Unit, Tower A, 13th to 16th Floor and Tower B 9th Floor, Kharadi, Pune, India, 411014

Northern Trust Pune, Mahārāshtra, IND Office

Pune, India

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