Business Analyst

Luxoft; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

Join a dynamic team at an established industry player as a Business Analyst in the Capital Market Department. This exciting role involves bridging the gap between business needs and technical solutions, ensuring that software applications meet user requirements and contribute to operational success. You will work closely with stakeholders and development teams, leveraging your expertise in financial assets and regulatory reporting to drive innovative solutions. If you are passionate about technology and eager to tackle ambitious challenges in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 5+ years of Business Analysis experience in financial services.
• Strong knowledge of financial assets and trade lifecycle.

Responsibilities

• Elicit and document business requirements for FX and Money Market Business.
• Collaborate with development teams to ensure software meets requirements.

Skills

Business Analysis

Communication Skills

Problem-Solving

Interpersonal Skills

Time Management

Agile Methodologies

Financial Assets Knowledge

Regulatory Reporting

Requirements Analysis

Technical Understanding

Education

Master's degree in Finance

Bachelor's degree in Computer Science

Tools

Calypso

SQL

Docker

Kubernetes

Job description

Project description

Our client is the corporate and investment banking arm of The Group, the world's 12th largest bank by total assets. We work daily with international branches located in 30 markets by:

1. Envisioning and preparing the Bank's futures information systems
2. Partnering and supporting core banking flagships and transverse areas in their large scale development projects
3. Providing premium In-house Banking applications

This unique positioning empowers us to bring our core banking business a sustainable competitive advantage in the market. We seek innovative and agile people sharing our mindset to support ambitious and forthcoming technological challenges.

We are seeking a talented Business Analyst to join our dynamic Capital Market Department! As a Business Analyst, you will play a crucial role in bridging the gap between business needs and technical solutions. You will work closely with stakeholders from both your IT Division and aligned sectors to define, document, and translate business requirements into actionable software specifications. You will be a key advocate for business value, ensuring that our software solutions meet the needs of our users and contribute to the overall success of our operations.

Capital Markets IT involves technology solutions and systems used in financial markets for trading, investment, and related activities. This includes electronic trading platforms, risk management systems, market risk, counterparty risk, algorithmic trading, data analytics, and regulatory measures. The use of advanced technologies like APIs, artificial intelligence, and cloud solutions are also becoming increasingly prevalent in capital markets to enhance efficiency and decision-making processes.

You will join the Post Trade IT section, responsible for the development and maintenance of Capital Market IT applications (in-house and package) used worldwide, covering Front Office (Murex, Apex, Orchestrade…) and Back Office (Summit, Calypso…) and serving several sectors or business lines. The FX IT division works across the full value chain to sustain business activity and enable its acceleration through the integration of new financial products, optimizing and automating front to back business processes.

This specific role aims to work on the Calypso back office package for our FX IT division, in project mode as well as maintenance, and to support the “run the bank” function. It requires a deep understanding of the nature of business operations, timing of activities, and data flowing through internal and external systems. The build and support team continuously works with business users, infrastructure engineers, and system managers.

Responsibilities

• Elicit, analyze, and document business requirements from various stakeholders, ensuring a clear understanding of their needs and objectives for FX and Money Market Business in Calypso.
• Work with the Product Owner (PO) if any on this project to prioritize requirements and decompose them into detailed user stories, ensuring a clear roadmap for development.
• Translate requirements into comprehensive functional specifications, including detailed descriptions of user interactions, data flows, and system behavior.
• Collaborate with development teams to ensure that the software design aligns with the functional specifications and meets the defined requirements.
• Provide functional expertise to the development team, ensuring they have a clear understanding of the business processes and user needs.
• Research existing solutions, both internal and external, to determine if they can be leveraged to meet the business requirements.
• Understand technical constraints and participate in software design discussions, ensuring that the solution is feasible and aligns with the overall system architecture.
• Ensure the functional quality of the software, including participation in functional testing and providing functional support during production.
• Analyze the impact of functional changes on current production Service Level Agreements (SLAs) and Operational Level Agreements (OLAs).
• Contribute to Behaviour-Driven Development (BDD) activities by providing user scenarios and supporting functional testing efforts.
• Contribute to deployment activities by providing functional pre-requisites and performing post-deployment checks.
• Support team members in their functional activities, train new joiners, and help resolve functional issues.
• Ensure the seamless integration of the software into the existing IT infrastructure, working closely with the Functional Architect.
• Specifications, workload estimates, planning, test scenarios, documentation.

SKILLS

Must have

• Master or Bachelor’s degree in Finance / Computer Science / Information Technology/ Programming & Systems Analysis/ Science (Computer Studies) faculties.
• 5+ years of experience in Business Analysis activities.
• Knowledge of Static Data, Workflows, Confirmations, Settlements, Messages / Swift messages, Positions, Accounting, Corporate action, Filters, Reporting Framework, Reconciliation features.
• Understanding of financial assets (FX, Money Market, cash products) and trade lifecycle.
• Experience with regulatory reporting (e.g. HRF, NORIA, MMSR).
• Experience on Back Office systems.
• Exposure to Capital Market FO/BO systems (E.g. Calypso, Kondor+, Summit, Murex…).
• Experience in interfacing systems.
• Familiar with requirements life cycle management, analysis planning and monitoring, requirements’ analysis and design definition.
• Hands-on experience as liaison function between the onshore IT business lines and offshore technical teams and as primary functional support for development team.
• Knowledgeable of techniques to elicit and manage requirements, as well as software development models including Agile methodologies.
• Excellent communication and interpersonal skills to effectively collaborate with diverse teams.
• Excellent problem-solving and analytical skills.
• Ability to work under pressure.
• Appetite to follow technology trends and participate in communities.
• Eagerness to learn and adapt to new technologies.
• Strong perseverance and diligence towards attaining goals and effective time management.
• Passion for sharing expertise and growing team members’ skills.
• Autonomous, self-motivated, and excellent team player.

Nice to have

• Experience ideally on Calypso versions v14 to v18.
• Knowledge in UNIX, SQL, Docker/Kubernetes systems.