HSBC is hiring for the position of Business Analyst/ Lead Business Analyst in Pune, India. Candidates with a Bachelor’s/ Master’s degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | HSBC |
| Position | Business Analyst/ Lead Business Analyst |
| Qualifications | Bachelor’s/ Master’s degree |
| Batch | 2020/ 2021/ 2022/ 2023/ 2024/ 2025 |
| Experience | Freshers/ Experienced |
| Location | Pune, India |
Key Responsibilities:
- Collaborate with Service Line Managers and the Business Manager (BM) to conduct weekly cost board meetings.
- Review all requests submitted to the cost board, ensuring proper commercial evaluation and supplier type classification.
- Oversee contract management and handle the commercial aspects of supplier agreements.
- Manage and assess supplier contracts to measure service credits and ensure adherence to defined KPIs.
- Review Statements of Work (SOW) and provide commercial as well as operational feedback.
- Apply business and technical expertise to support and enhance operational and financial efficiency.
- Review and monitor all third-party spend to ensure cost-effectiveness and compliance.
- Establish and maintain communication channels across all organizational levels to ensure smooth and effective cost board operations for WPB.
- Collaborate with the Business Manager in preparing third-party demand plans.
- Lead the third-party risk management forum for WPB and ensure the COO approves contracts following due diligence.
- Ensure 100% compliance with Third-Party Risk Management (TPRM) policies for all WPB IT suppliers.
- Conduct vendor governance and performance management forums for all strategic and high-critical vendors within WPB IT.
- Develop and manage third-party demand across WPB IT to align with business priorities.
- Create and maintain a contracts calendar, overseeing renewal processes for WPB IT agreements.
- Coordinate with the WPB Delivery organization and Architecture teams for effective third-party spend management.
Eligibility Criteria:
- Proven experience in contract management and contract negotiation within IT/ITES organizations and the financial services industry.
- Excellent written and verbal communication skills, with the ability to convey complex information clearly.
- Strong analytical and problem-solving skills, with expertise in process analysis and improvement.
- Demonstrated ability to drive change, enhance existing processes, and develop new process frameworks.
- Effective decision-making skills, with the ability to make sound and timely judgments under pressure.
- Strong relationship-building skills, with the ability to communicate, influence, and negotiate effectively with business heads, senior managers, third-party consultants, and technical experts across departments.
- High level of ownership and accountability, with the initiative to identify and resolve issues independently.
- Excellent interpersonal skills and the ability to thrive within a matrix management structure while maintaining strong global team relationships.
- Ability to collaborate effectively with team members and stakeholders located across different geographies.
- Proven capability to prioritize workload efficiently in alignment with business objectives.
- Positive and proactive “can-do” attitude, with flexibility to take on diverse responsibilities as required.
- Ability to work independently with minimal supervision, manage multiple priorities, and perform effectively under pressure.
- Self-motivated, adaptable, and quick to learn in a dynamic and changing environment.
- Demonstrated drive, persistence, and determination to implement and sustain change effectively within a matrix organization.
About Company:
We’re a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
How To Apply?
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