Business Analyst, Private Banking (1-year renewable contract)

EVOLUTION RECRUITMENT SOLUTIONS PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

EVOLUTION RECRUITMENT SOLUTIONS PTE. LTD. is seeking an experienced Business Analyst to collaborate with Private Banking specialists to elicit, analyse and document business requirements, including current-state and future-state processes.

The role involves defining detailed requirements, assessing impact on the technology landscape and ensuring seamless system integration. You will manage scope, risks and changes, review specifications, and work with analysts and architects to translate needs

Qualifications

• Bachelor’s or Master’s degree in Engineering, Business, Finance or related discipline.
• 6–10+ years of relevant banking experience.
• Mandatory Private Banking experience with strong knowledge of investment products.
• Familiarity with Private Banking sales and advisory processes and regulatory changes.
• Understanding of technology and operations management in banking.
• Experience in solution scoping, evaluation and considering cost and risk.

Responsibilities

• Collaborate with Private Banking specialists to elicit, analyse and document business requirements, including current-state and future-state processes.
• Define detailed functional and non-functional requirements and conduct impact assessments.
• Assess requirements against the technology landscape for seamless system integration.
• Manage requirements scope, risks, issues and changes during analysis.
• Prepare and maintain requirement traceability and ensure alignment between business requirements and functional specs.
• Review and sign off functional specifications prepared by System Analysts.
• Work with System Analysts, solution architects and teams to translate requirements into solutions.
• Collaborate with Test Managers to translate requirements into test scenarios and review test cases.
• Support SIT/UAT activities and classify defects or change requests.
• Conduct impact assessments and effort estimations for project changes.
• Support investigation and resolution of product-related incidents.
• Develop and maintain application knowledge and process documentation and train users.

Skills

Requirements analysis

Stakeholder management

Process design

Analytical thinking

Banking domain knowledge

Education

Bachelor's or Master's degree in Engineering, Business, Finance

Job description

Please note that visa sponsorship is not available at this time.

Key Responsibilities

• Collaborate with Private Banking specialists to elicit, analyse and document business requirements, including current-state (as-is) and future-state (to-be) processes.
• Define detailed functional and non-functional requirements, conduct impact assessments and identify opportunities to streamline business and operational processes.
• Assess requirements against the existing technology landscape to ensure seamless system integration and alignment with business objectives.
• Manage requirements scope, risks, issues and changes throughout the analysis phase, including monitoring scope creep.
• Prepare and maintain requirements traceability matrices, review business capabilities against BRDs, and ensure alignment between business requirements and functional specifications.
• Review and sign off functional specifications prepared by System Analysts.
• Work closely with System Analysts, solution architects, senior business analysts and operational teams to ensure requirements are clearly understood and translated into appropriate solutions.
• Collaborate with Test Managers and SIT testers to translate business requirements into test scenarios and review test cases.
• Support SIT/UAT activities, clarify testing findings and classify them as defects or change requests.
• Conduct impact assessments and effort estimations for project change requests.
• Support the investigation and resolution of product-related incidents.
• Develop and maintain application knowledge and process documentation, and facilitate train-the-trainer sessions for application enhancements.

Key Requirements

• Bachelor's or Master's degree in Engineering, Business, Finance or a related discipline.
• 6-10+ years of relevant banking experience.
• Mandatory Private Banking experience with strong knowledge of investment products.
• Good understanding of Private Banking sales and advisory processes, including relevant regulatory requirements and changes.
• Familiarity with banking technology and operational processes across different functions and departments.
• Understanding of best practices and service excellence in technology and operations management.
• Experience in solution scoping and evaluation, considering scalability, maintainability, cost, operational impact and technology risks.
• Strong requirements analysis, process design and problem-solving skills, with the ability to translate business needs into actionable solutions.
• Excellent stakeholder management, communication and collaboration skills.
• Strong quantitative and analytical capabilities, with the ability to work independently and navigate ambiguity.
• Resourceful, diligent and proactive team player.