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Business Analyst - API

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NTT DATA

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Location:
India , Noida

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

The Business Analyst - API will play a crucial role in the analysis, design, and implementation of API-based solutions within the Banking sector. Candidates should have a minimum of 6 to 8 years of experience in the Banking industry, with strong skills in API development, stakeholder communication, and documentation. A Bachelor’s or Master’s degree in Business, Finance, or Computer Science is required. The role involves collaboration with various teams to ensure seamless integration and compliance with industry standards.

Job Responsibility:

  • Gather and document business requirements for API development and integrations
  • Collaborate with stakeholders (product owners, business teams, developers, and architects) to define API functionalities
  • Conduct gap analysis and feasibility studies to assess API needs for digital banking services
  • Identify opportunities to improve customer experience and streamline business processes via APIs
  • Define API specifications (REST, SOAP, JSON, XML) and data models for seamless integration
  • Work closely with development teams to ensure APIs align with industry standards (Open Banking, PSD2, ISO 20022)
  • Define API security requirements including authentication
  • Assist in designing API error handling and logging mechanisms
  • Ensure compliance with regulatory and security policies for API-driven banking solutions
  • Act as a bridge between business users and technical teams, translating business needs into API specifications
  • Conduct workshops, meetings, and demos to ensure clear communication of API functionalities
  • Work with third-party vendors, fintech partners, and external API consumers
  • Prepare detailed API documentation including use cases, request/response formats, and integration guides
  • Ensure API governance policies are followed, aligning with Open Banking frameworks
  • Stay updated with banking regulations (e.g., GDPR, PSD2, PCI DSS) and ensure API compliance
  • Assist in monitoring API performance and analytics, identifying issues and improvement areas
  • Support post-implementation reviews, API lifecycle management, and continuous improvements

Requirements:

  • Bachelor’s/Master’s degree in Business, Finance, Computer Science, or related field
  • Proven experience as a Business Analyst for at least 6 to 8 years of experience preferably in API based Solutions in Banking Industry
  • Strong understanding of RESTful APIs, SOAP, JSON, XML, OpenAPI (Swagger)
  • Experience with API tools such as Postman, MuleSoft, Apigee, or AWS API Gateway
  • Knowledge of API security standards (OAuth 2.0, JWT, SAML, TLS, SSL)
  • Familiarity with microservices architecture and cloud platforms (AWS, Azure, GCP)
  • Basic understanding of databases (SQL, NoSQL) and integration with APIs
  • Strong analytical and problem-solving skills
  • Excellent communication and stakeholder management skills
  • Proficiency in tools like JIRA, Confluence, Microsoft Visio, BPMN
  • Ability to work in Agile/Scrum teams and manage multiple priorities

Additional Information:

Job Posted:
March 25, 2026

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