Position Overview

Job Title: Business Functional Analyst

Location: Pune, India

Corporate Title: AVP

Role Description

Business Analysis and Functional Delivery
Requirements Elicitation and Analysis: Lead engagement with business, , risk and technology stakeholders to elicit, analyse, prioritise and validate business needs, translating them into clear functional requirements and implementation-ready specifications.
Business Process and Functional Analysis: Document current-state and target-state processes, business rules, use cases, data flows, interfaces, controls and exception scenarios to support effective solution design and delivery.
Agile Requirements Management: Define and manage epics, user stories and measurable acceptance criteria, ensuring that requirements are understood, appropriately prioritised and ready for development and testing.
Requirements Governance and Traceability: Maintain end-to-end traceability from approved business and regulatory requirements through solution design, development, testing, user acceptance and implementation.
Stakeholder Management and Delivery Assurance
Stakeholder Facilitation and Alignment: Facilitate workshops, walkthroughs and decision-making forums, bridging business and technical perspectives, resolving ambiguity and establishing a shared understanding of scope, priorities and expected outcomes.
Legacy-to-Target-State Analysis: Assess legacy platforms, calculation logic, data pipelines and file-based processes to identify functional behaviour, dependencies, risks and control requirements, and translate these into robust target-state requirements.
Testing and Business Validation: Partner with business and testing teams to define scenarios, support defect triage, coordinate user acceptance testing and confirm that delivered solutions meet approved requirements and expected business outcomes.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above

Your key responsibilities

Partner with business, product, technology and risk stakeholders to elicit, analyse and prioritise requirements for the migration of legacy SAS-based RWA calculations and data-processing capabilities to Python.
Document current-state and target-state processes, business rules, calculation logic, data lineage, interfaces, controls and exception-handling requirements.
Translate requirements into epics, user stories, functional specifications and clear, testable acceptance criteria for engineering teams.
Maintain end-to-end traceability from business requirements and regulatory rules through design, development, system testing and UAT.
Facilitate workshops, walkthroughs and requirement-validation sessions, resolve ambiguities and support timely stakeholder decisions.
Support test planning, scenario definition, defect triage and business validation, ensuring that migrated outputs reconcile with approved legacy results and business expectations.
Identify delivery risks, dependencies and control gaps, and communicate impacts and recommended actions to relevant stakeholders.

Your skills and experience

10+ years of relevant experience as a Business or Functional Analyst, including substantial experience with legacy SAS-based platforms and risk-weighted asset (RWA) calculations.
Strong understanding of banking data, regulatory or risk-calculation processes, data lineage, reconciliations and control requirements.
Proven experience analysing complex SAS programs, calculation logic, data transformations and file-based processes, and translating them into implementation-ready requirements for Python-based solutions.
Excellent requirements-management skills, including process modelling, use-case definition, user-story writing, acceptance criteria and requirements traceability.
Experience working in Agile delivery environments and using standard collaboration, backlog-management and documentation tools.
Strong stakeholder-management, facilitation and communication skills, with the ability to explain complex business and technical concepts clearly.
Experience supporting system testing, UAT, reconciliation and defect management for complex data or calculation platforms.
Proven ability to use AI tools to improve productivity, optimise workflows and solve business problems, while applying critical judgement and ensuring the responsible and ethical use of data and AI-generated outputs.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you

Training and development to help you excel in your career

Coaching and support from experts in your team

A culture of continuous learning to aid progression

A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.

Business Functional Analyst, AVP

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