Job Description:
Overview:
The Senior Business Analyst is a strategic role responsible for bridging the gap between business needs and technology
solutions. This individual plays a key role in driving projects that enhance organizational efficiency, compliance, and
profitability, particularly in financial domains involving risk and valuation adjustments.
Responsibilities:
Project Management:
- Lead and manage end-to-end projects, ensuring timely delivery, quality assurance, and stakeholder
satisfaction. - Coordinate with cross-functional teams, including IT, finance, risk management, and external stakeholders.
- Track project milestones, budgets, risks, and deliverables
Financial Valuation Adjustments (XVA): [Counter Party Credit Risk]
- Provide expertise in Credit Valuation Adjustment (CVA), Funding Valuation Adjustment (FVA), and Capital
Valuation Adjustment (KVA). - Work with quantitative teams to assess and analyze XVA impacts on trading portfolios.
- Collaborate with risk and treasury teams to ensure compliance with industry standards and regulations.
Requirements Gathering and Analysis:
- Conduct stakeholder interviews, workshops, and research to gather business requirements.
- Translate complex business needs into clear, actionable technical and functional specifications.
Business Requirement Documents (BRDs):
- Create and maintain comprehensive BRDs, including business objectives, scope, assumptions, dependencies,
and detailed requirements. - Ensure alignment between business goals and IT deliverables through clear documentation.
Stakeholder Communication:
- Act as the primary liaison between business teams, IT, and external vendors.
- Communicate effectively with stakeholders at all levels, providing updates and resolving conflicts.
Process Optimization and Reporting:
- Identify inefficiencies in current workflows and recommend improvements.
- Develop dashboards and reports to monitor project progress, financial metrics, and risk factors.
Key Skills and Qualifications:
- Proven experience in business analysis and project management in the financial sector.
- Strong understanding of valuation adjustments (CVA, FVA, KVA, XVA).
- Proficiency in creating detailed BRDs and functional documentation.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills for stakeholder management.
- Familiarity with relevant regulatory frameworks and industry best practices.
- Advanced knowledge of tools like Excel, PowerPoint, JIRA, and data visualization platforms.
- Bachelor’s degree in finance, Business Administration, or related field (MBA or certifications like CBAP, CFA
preferred).
This role offers an opportunity to influence strategic decision-making and contribute to high-impact projects within a
dynamic business environment
Location: Pune/Chennai
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000+ associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] with your request and contact information.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.