AVP/VP, Business Analyst, APH (Payment Services)

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A major international bank in Singapore is looking for an experienced IT professional with over 7 years in banking software implementation, particularly in payments. The role includes responsibilities like requirements gathering, functional analysis, and support for testing. Candidates should have strong analytical and communication skills, along with extensive knowledge of payments related software solutions. This position offers an opportunity to work in a dynamic, multi-cultural environment.

Qualifications

• 7+ years of IT experience in payments related banking software Implementation/development.
• Extremely familiar with Payments and Collections/Receivables.
• Hands-on experience with Payment Operations processing and data/interface mapping.

Responsibilities

• Gather requirements and perform system/functional analysis.
• Create operational workflows and use case diagrams.
• Support SIT, UAT, and performance testing.
• Engage vendors for new payments platform development.

Skills

Analytical skills

Communication skills

Interpersonal skills

Negotiation skills

Problem-solving

Job description

Key Responsibilities

Direct Responsibilities:

• Requirements gathering with business, operations & other system interfaces
• Perform system/functional analysis to facilitate the functional requirements document (FRS)
• Creation of operational workflows, and use cases diagrams
• Contribute towards the relevant sections of the Requirements Traceability Matrix (RTM)
• Provide viable solutions that improve operational efficiency, user experience, and delivers business initiatives
• Review and sign-off the artefacts and solutions produced by the technical teams and vendor
• Provide SIT, UAT, regression, performance testing and rehearsal testing support
• To ensure successful implementation of solution on schedule

Contributing Responsibilities:

• Engage vendors, other application/project teams for new payments platform development
• Contribute towards the end-to-end solutioning for new business products/offerings
• To share expertise by providing training and knowledge sharing sessions
• Support post production issues and provide necessary guidance to BAU teams

Requirements:

• 7+ years of IT experience in payments related banking software Implementation/development
• Strong analytical skills and attention to details
• Strong verbal and written communication skills
• Excellent interpersonal and negotiation skills
• Ability to work in a dynamic and multi-cultural environment
• Able to work independently or in a team to resolve issues and/or identify solutions in a timely manner
  In depth experience in Payments, Cash Management and Transaction Banking projects
• Extremely familiar with Payments and Collections/Receivables (TT, RTGS, ACH Bulk Payments, Direct Debit, Real-Time Payments, Cheques, Virtual Account, Liquidity Mgmt) and Operations BAU processing, across the APAC region
• Sound domain knowledge in Corporate Banking, Trade and Wealth Management
• Sound functional analysis and project management skills
• Hands‑on experience with Payment Operations processing, data/interface mapping and troubleshooting
• Practice of SDLC and/or Agile Scrum
• Good knowledge on:
• CBPR+ ISO20022 payment standard and SWIFT messages
• Straight‑thru processing (STP) and operational efficiency
  Core banking and foreign exchange transactions
  Transaction reporting and advices
  Payments filtering and AML
  Reconciliation and settlement
  Cash flow management and financial / regulatory reporting
  Payment transformation lifecycle and implementation methodology