Overview: Newgen Software is seeking a talented Business Analyst with specialized experience in the CLOS (Commercial Loan Origination System) domain to join our innovative team. As a Business Analyst, you will play a crucial role in understanding and documenting business requirements related to commercial loan origination processes, collaborating closely with stakeholders to drive efficient and effective solutions using Newgen's cutting-edge technologies.
Responsibilities:
- Collaborate with business stakeholders, including lenders, credit officers, and operations teams, to gather and analyze requirements for the Commercial Loan Origination System (CLOS).
- Document detailed business requirements, functional specifications, and system design specifications aligned with Newgen's solutions.
- Conduct comprehensive gap analysis and identify opportunities for process improvements in commercial loan origination lifecycle management.
- Work closely with development teams to ensure clear understanding of requirements and assist in solution design using Newgen's suite of products.
- Perform data analysis and create insightful reports to support decision-making and provide business insights to stakeholders.
- Facilitate workshops and meetings with business users to validate requirements, demonstrate solutions, and gather feedback for continuous improvement.
- Provide support during testing phases, including test case creation, execution, and issue resolution to ensure high-quality deliverables.
- Assist in user training and support during system implementation and post-deployment phases, ensuring smooth transition and adoption of Newgen solutions.
- Stay updated with industry trends and best practices in commercial lending and loan origination systems to contribute to product innovation and enhancement.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Computer Science, or related field.
- Proven experience as a Business Analyst/Subject Matter Expert with a focus on Commercial Loan Origination Systems (CLOS), preferably with Newgen Software or similar platforms.
- In-depth knowledge of commercial lending processes, including credit analysis, underwriting, documentation, and closing.
- Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
- Experience in documenting business requirements, process flows, and functional specifications for software solutions.