Ankur Gangrade
Mumbai
Summary
Results-driven Business Analyst with extensive experience in the Trade Finance domain, specializing in the implementation and optimization of ISO 20022 messaging standards. Skilled in analyzing complex trade finance processes and translating them into effective technological solutions. Proven track record of collaborating with cross-functional teams to enhance system integration, streamline operations, and ensure regulatory compliance across trade finance products such as Letters of Credit, Guarantees, and Documentary Collections. Expertise in driving the adoption of ISO 20022, improving data exchange, and enhancing operational efficiencies in global financial institutions. Strong communicator with a focus on delivering business value through process improvements, system enhancement, and user support.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Business Analyst
BNP Parias
Mumbai
10.2023 - Current
- Analysis of existing (AS-IS) and designed (TO-BE) processes after requirement gathering, and workshops with end users for new requirements.
- Lead a critical TCH interface project designed to integrate two distinct applications, ensuring seamless data transfer and communication between the platforms.
- Play a key role in the MT-MX project (ISO 20022), PACS 008, PACS 009, PACS 009 COV.
- Working on accounting, compliance, and other key topics that are related to clients, regulations, etc.
- Lead the key role in the integration of APIs within the Trade Finance domain, aiming to automate and streamline the exchange of data between the internal Trade Finance system and external banking platforms (e.g., SWIFT, payment gateways).
- Play a key role in the cloud instance reduction project within the Trade Finance domain, aimed at optimizing cloud infrastructure to reduce operational costs and improve system efficiency for Trade Finance operations.
Business Analyst
NETCONNECT PVT LTD.
Mumbai
12.2021 - 10.2023
- Company Overview: Client, BNP Paribas Solutions PVT LTD.
- Lead the analysis and design of requirements for the SR2023 project, focused on enhancing Tradee Finance processes and improving interoperability across financial systems.
- Currently working on the Trade Finance Project, migrating the accounting system with all the products, like LC, BG, export bill of collection, and import of collection.
- Collecting business requirements from end users and preparing functional specifications.
- Transfer business requirements into different tangible deliverables, like Functional Specifications (BRS) and user cases, etc.
- Coordinating with the vendor for smooth project development.
- Conduct user acceptance and performance testing to verify that the business requirements are met.
- Production incident handling involves complex issues.
- Execution of project: Review requirements, test cases, design, and test results.
- Handling non-APAC as well as APAC side IVISION.
- Providing data purge conditions for the product in IVISION.
- Data configuration in SQL and data anonymization check in SQL.
Business Analyst
ICICI Bank Ltd.
Mumbai
02.2016 - 12.2021
- Worked as a business analyst for various trade finance projects and products.
- Migration of a new application for Trade Finance (NTS).
- SWIFT: Handling E2E SWIFT-related projects from the Finacle application. MT's SWIFT messages: (MT700, MT707, MT701, MT760, MT767, MT761, MT410, MT420, MT412, MT400, MT910, MT900).
- Client Advice - Developed auto email sent to key clients.
- Creating a ROBO for charge collection.
- Translate business requirements into different tangible deliverables, like functional specifications (BRS), use cases, etc.
- Coordinating with the vendor for smooth project development.
- Conduct user acceptance and performance testing to verify that the business requirements are met.
- Part of the project which enables paperless transactions.
- Working of Agile methodology.
Education
PGDB - Banking
ICICI Manipal Academy
Bangalore02-2016
B.E - Information technology
RGPV University
Higher Secondary -
Saraswati Vidya Mandir
khandwa, M.pSecondary -
Nutan Montesary High School
Barwaha, M.pSkills
- Business Analysis - Functional Analysis, Risk Mitigation, Control Plan Assessment, Documentation
- Domain Exposure - Trade Finance L/C, Guarantee, Swift Payment message MT 103, MT 202, and MT 202 COV, and ISO20022 MT - MX PACS008, PACS009, PACS009 COV
- System Exposure - Ivison, FileNet, TWIST, Conserto, TRADE AI, CXT client channel (Finestra), CXG, TCH, SWIFTNET, Finacle, omni-flow, TOL, AMLOCK, MBAW, PLASMA, and SHINE application for compliance
- SQL:- Knowledge of Oracle SQL
- Process modeling: flow chart, RACI matrix
- MS Office - Excel, Word, PowerPoint, Outlook
- Process Improvement: Change request, Process: re-engineering, System knowledge
- Governance - SLA, KPI, Risks & Controls assessment, Impact Analysis, IT Audits
Certification
- Certification on Agile Business Analysis from Udemy
- Certification in Agile PM101
- Certification in Agile Project management and Delivery
- Certification on Alteryx Bootcamp from Udemy
- Certification in relational database design from Udemy
- Certification in Excel pivot Tables for management consultant
Languages
- English
- Hindi
Hobbies and Interests
- Listen Songs
- Playing Cricket
Domain Knowledge
- Business Analysis
- Trade-Finance
- Agile Methodology
- Requirement gathering & Analysis
- Writing User Stories and Acceptance Criteria
- Writing Test Cases
- Corporate Operations
- Relationship Building
- Team Management
- Regulatory Reporting & Audit
- Time Management
Personal Information
- Total Experience: 9+ Years of experience in Trade Finance domain + Swift payment message + ISO20022
- Date of Birth: 08/15/90
Timeline
Senior Business Analyst
BNP Parias
10.2023 - Current
Business Analyst
NETCONNECT PVT LTD.
12.2021 - 10.2023
Business Analyst
ICICI Bank Ltd.
02.2016 - 12.2021
PGDB - Banking
ICICI Manipal Academy
B.E - Information technology
RGPV University
Higher Secondary -
Saraswati Vidya Mandir
Secondary -
Nutan Montesary High School
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