Aditya Birla Financial - Business Analyst (4-7 yrs)

Job Summary

The Business Analyst - BRE role involves leading the design, documentation, and implementation of business rules using BRE platforms such as Experian, FICO Blaze Advisor, Drools, or DMN tools. The primary focus is to drive automation and accuracy in the decision-making processes across lending products, including Personal Loans, Business Loans, Home Loans, and Loan Against Property (LAP). The role will be responsible for gathering requirements, interpreting lending policies, defining and configuring decision rules, and ensuring accurate rule implementation across various loan products. Strong documentation, testing, and stakeholder communication skills are essential.

This position requires collaboration with cross-functional teams, including credit, risk, operations, IT, and external vendors, while ensuring compliance with NBFC regulations and internal policies.

Key Result Areas and Responsibilities

1. BRE Platform Experience

- Hands-on experience with BRE platforms such as Experian, FICO Blaze Advisor, Drools, DMN tools, or similar.

2. Rule Documentation

- Maintain detailed documentation of all business rules, decisioning workflows, and testing results.

3. Cross-Functional Coordination

- Act as a bridge between business teams, IT teams, and third-party vendors to ensure seamless rule implementation.

4. Business & Functional Requirement Gathering

- Collaborate with credit, risk, operations, and other business units to gather and document requirements for loan processing and decision-making.

5. Lending Policy and Workflow Analysis

- Analyze lending policies, regulatory guidelines, and business workflows to identify automation opportunities using BRE.

6. Rule Definition and Modeling

- Define and model rules for credit scoring, eligibility, pricing, underwriting, and decisioning in alignment with NBFC policies.

7. Loan Product Rule Framework Development

- Develop decision matrices, rule sets, and scenarios across loan products like Personal Loans, Business Loans, Home Loans, and LAP.

8. BRE Rule Configuration

- Work with developers to configure decision tables, logic flows, and business rules within the BRE engine.

9. Rule Validation and Testing

- Design and execute test cases to validate rule logic, compliance, and performance across various lending scenarios.

Stakeholder Enablement & Walkthroughs

- Conduct workshops and walkthroughs to help stakeholders understand the implemented business rules and workflows.

Candidate Profile

- Bachelor's degree in IT, Business, finance or related fields. A master's degree or MBA is a plus.

- 4+ years of experience as a Business Analyst, with at least 2+ years focused on lending in the NBFC / Banking sector.

- Strong understanding of lending processes, including loan origination, credit underwriting, disbursement, and collections.

- Ability to understand and interpret lending policy pertaining to eligibility, deviation, and controls.

- Familiarity with NBFC regulations, KYC norms, and compliance standards.

- Excellent communication, stakeholder management, and problem-solving skills.