Business Analyst - Securities/Fees & Taxes

Virtusa; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading technology consulting firm is seeking an experienced IT Business Analyst with deep expertise in Core Banking, particularly in the Private Banking domain. The ideal candidate will bridge business needs with technical solutions, manage stakeholders, and ensure system implementations meet business and regulatory requirements. Strong problem-solving and communication skills are essential for this role in Singapore.

Qualifications

• 12 to 15 years of experience in IT business analysis focused on Core Banking.
• Experience with Credit Products such as Mortgages and Structured Finance.
• Strong understanding of Private Banking products and Transact modules.

Responsibilities

• Bridge business needs and technology solutions in core banking.
• Document requirements and functional specifications.
• Lead and coordinate requirement analysis for core banking projects.

Skills

IT business analysis

System engineering

Core Banking expertise

Private Banking domain knowledge

Agile methodologies

Problem-solving skills

Communication skills

Job description

Overview

Responsible for bridging the gap between the business needs and technology solutions within the core banking domain and its interacting applications.

Document requirements, functional specifications including data mapping, migration, reporting and user guides. Propose innovative solutions which are scalable and avoid any addition of risk such as operational risk or delivery risk. Lead and coordinate the requirement analysis, system enhancement and solution design for core banking projects. Act as a liaison between business users, internal teams and vendors on project management, development, testing, migration, user training and production releases. Strong expertise in Temenos Transact Core Banking with Private Banking domain knowledge. Working experience in Agile methodologies such as Scrum and Kanban. Stakeholder management to ensure no ambiguity on requirements and impact analysis. Diligently document change logs, provide project status and escalate to project leads. Support the end-to-end implementation of system changes, ensuring timely delivery and quality. Ensure system solutions align with business needs and regulatory requirements.

Responsibilities

• Bridge business needs and technology solutions in core banking and interacting applications.
• Document requirements, functional specifications including data mapping, migration, reporting and user guides.
• Propose scalable solutions and mitigate operational or delivery risk.
• Lead and coordinate requirement analysis, system enhancements and solution design for core banking projects.
• Act as a liaison between business users, internal teams and vendors on project management, development, testing, migration, user training and production releases.
• Demonstrate strong Temenos Transact Core Banking expertise with Private Banking domain knowledge.
• Apply Agile methodologies (Scrum and Kanban) in project work.
• Manage stakeholders to avoid ambiguity on requirements and impact analysis.
• Document change logs, provide project status updates and escalate as needed.
• Support end-to-end implementation of system changes, ensuring timely delivery and quality.
• Ensure solutions align with business needs and regulatory requirements.

Skills Requirements

• Professional and Technical
  • Minimum 12 to 15 years of IT business analysis, system engineering and support, focused on Core Banking with Private Banking domain.
  • Preferred experience in handling Credit Products such as Mortgage, Lombard Loans, Structured Finance, Guarantees, Derivatives such as Options, Structured Products and Securities such as Equities, Fixed Income, Funds.
  • Good understanding of Private Banking products with Transact modules exposure including AA, MD, SC, DX, SY.
  • Experience in driving PLWs and advising new processes for new applications, preferably with implementation experience.
  • Working knowledge of SDLC and Agile methodologies like Scrum and Kanban.

• Personal and Social
  • Strong analytical and problem-solving skills to challenge business and technical requirements for scalable solutions.
  • Good written and verbal communication skills including technical writing.
  • Self-driven, highly motivated, hardworking and adaptable to work independently and as a team player.
  • High standards for service delivery with attention to detail.
  • Ability to work under pressure and manage multiple priorities with stakeholders.

• Regulatory Responsibilities and Risk Management
  • Demonstrate appropriate values and behaviours including honesty, integrity, due care, diligence, fair dealing, and conflict of interest management.
  • Competence and continuous development with adequate risk management and regulatory compliance.
  • Ensure ethical and compliant behaviour within the function by demonstrating required values and behaviours and adhering to applicable laws and regulations.