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Job Description of : Business Analyst - AI

Job Title : Manager / Sr. Manager

Department : Information Technology

Reports To : Assistant Vice President

Experience : 8 to 12 years

Preferred Qualification : BE/ B Tech/ MCA

Required Qualification : BE/ B Tech/ MCA

1) Deep knowledge and expertise in Business analysis, product management, consulting or business architecture within financial markets.
2) Prior experience setting up an Innovation lab, CoE or greenfield technology unit inside a bank, exchange, clearing house, depository or large NBFC.
3) Exposure on working on AI and Distributed ledger platforms

Core Competencies :

1) Proven track record taking an idea through to funded approval. Prior experience on writing business cases that were approved and delivered in production
2) Excellent structured writing. Concept notes, specifications and management papers are the core output of this role.
3) Strong stakeholder management with senior business and technology leadership.
4) Process modelling and requirements techniques (BPMN, user stories, use case modelling, data flow analysis).
5) Sufficient technical fluency to write and defend a specification, read an architecture diagram, understand APIs and data models, and hold a substantive conversation about AI capability and limitation.
6) Strong Data Analytical capability with data — SQL and hands on expertise on Data Analytics tools like Tableau or Power BI. 
7) Ability to build prototypes and POC’s using AI with Spec-driven development. 
8) Familiarity with AI and analytics capability, enough to judge feasibility and spot inflated vendor claims.
9) Experience with design thinking, service design or innovation methodologies (jobs-to-be-done, lean startup, discovery sprints).
10) Understanding of the Indian regulatory environment — RBI and SEBI circulars, PFMI, reporting obligations.

Functional Competencies :

Financial Market

Job Purpose :

1) The successful candidate would join the IT Department of a critical Financial Market Infrastructure (FMI) organization which serves as a Qualified Central Counterparty (QCCP) for Government Securities, Money Market, FX and Derivatives transactions in the Indian financial markets.
2) We are establishing a dedicated Innovation Lab to identify, research and prototype the next generation of capabilities for Indian financial markets. The Lab operates as a fast-moving unit with a distinct mandate: take an idea from problem statement to a validated proof of concept and an approved business case. 
3) Successful candidate would be the single point of contact for the business departments at CCIL. You would work with core functions at CCIL, own the selected use cases end to end, right from problem framing through research, business case and prototype, to management approval. This role needs someone who can hold both halves: the business conversation and the technical specification

Area of Operations :

Lead and drive proof-of-concept/MVP’s ideation with Business department, execution with the Technical Architect and engineers

Key Responsibility :

1) Own relationships with assigned business departments; run a structured discovery cadence to surface and qualify problem statements.
2) Convert raw problem statements into well-framed use cases: current-state process, pain quantification, affected volumes and value, stakeholders, constraints, success criteria.
3) Conduct rigorous research, market and peer scan (global CCPs, exchanges, CSDs, trade repositories), technology landscape, vendor and fintech assessment, academic and regulatory literature.
4) Build business cases of a standard that stands up in front of senior management and, where relevant, board-level committees: benefit quantification, cost estimate, risk assessment, regulatory implications, options analysis and a clear recommendation.
5) Author the functional specification that the Lab's engineers build from, under the spec-driven model
6) Lead and Drive proof-of-concept execution with the Technical Architect and engineers; define acceptance criteria and validate outcomes with business users.
7) Run the stage-gate process: idea → qualified use case → prototype → Demonstration → validated concept → approval → handover.
8) Prepare and deliver management presentations, concept notes and approval papers

Any Other Requirement :

1)Should be a good team player.
2) Would be required to work with multiple projects / teams concurrently