Functional Analyst - Banking & Lending

About the role

At Kyndryl, we run and reimagine the mission-critical technology systems that drive advantage for the world's leading businesses. We are at the heart of progress; with proven expertise and a continuous flow of AI-powered insight, enabling smarter decisions, faster innovation, and a lasting competitive edge. For our people-Kyndryls-that means doing purposeful work that powers human progress. Join us and experience a flexible, supportive environment where your well-being is prioritized and your potential can thrive. Are you passionate about solving complex problems? Do you thrive in a fast-paced environment? Then there's a good chance you will love being a part of our Software Engineering - Development team at Kyndryl, where you will be able to see the immediate value of your work. As a Functional Analyst at Kyndryl, you will be supporting and leading the analysis, design, and delivery of banking solutions. The role involves translating business needs into solution specifications, collaborating with cross-functional teams, and ensuring successful implementation aligned with business goals, technology standards, and regulatory requirements

Responsibilities

• Gather and document business and system requirements under guidance
• Assist in capturing solution, performance, and security requirements along with user stories and acceptance criteria
• Support analysis of dependencies and change impact assessments
• Support development of solution documentation and design artifacts
• Assist in creating data mappings and data flow documentation
• Contribute to data modelling activities under supervision
• Collaborate with business stakeholders, and act as a bridge between business and technology teams
• Participate in Agile ceremonies (PI planning, sprint planning, stand-ups, retrospectives)
• Support translation of business needs into implementation-ready specifications
• Prepare and execute test cases and scripts
• Support defect logging, tracking, and resolution
• Assist stakeholders during User Acceptance Testing (UAT)
• Follow defined architecture and delivery standards
• Adhere to regulatory and compliance requirements
• Support IT risk and control processes
• Support process improvements and documentation standards
• Continuously learn and enhance domain and functional knowledge
• Your future at Kyndryl

Requirements

• Required Technical and Professional Experience
• 5 to 8 years of experience in banking or BFSI domain
• Basic understanding of Onboarding, KYC, customer data
• Familiarity with Banking operations like accounts, payments, cards, digital channels etc.,
• Exposure to Lending processes (loan application, approval, servicing lifecycle)
• Understanding of customer journeys and process flows across banking services
• Good experience in any one of the core banking software product like Finastra, FLEXCUBE, BaNCS, Temenos Transact etc., while Temenos is preferred
• Familiarity with software development lifecycle and testing practices
• Basic knowledge of application support, incident/problem management, and process improvement
• Exposure to data analysis and documentation practices
• Strong analytical, impact analysis and problem-solving abilities
• Collaborative team player with effective communication skills
• Proactive and eager to learn across multiple banking domains
• Detail-oriented with focus on quality execution
• Strong sense of ownership and accountability
• Proactive, reliable, and eager to learn
• Ability to work in a dynamic, Agile environment
• Preferred Technical and Professional Experience
• Bachelore's/Master's degree in Information Technology, Computer Science, or equivalent experience
• Preferred Tools/Platforms: e.g., Jira, Confluence
• Certification in Agile SAFe
• Being You
• The "Kyn" in Kyndryl means kinship, which represents the strong bonds we have with each other, our customers and our communi

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at Kyndryl? Share your experience