Business Analyst – Virtual Account & Payments Transformation

JEET ANALYTICS PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial technology company in Singapore is seeking a Business Analyst for Virtual Account & Payments Transformation. The role includes leading requirement analysis, collaborating with stakeholders, and ensuring compliance in payment systems. Ideal candidates have experience in payments, strong analytical skills, and knowledge of regulatory compliance frameworks. This position offers a chance to drive innovation in digital cash management.

Qualifications

• Proven expertise in Virtual Account Management (VAM) use cases.
• Hands-on experience in large-scale banking initiatives.
• Exposure to regulatory compliance frameworks.

Responsibilities

• Lead requirement discovery and gap analysis across payments.
• Define end-to-end workflows in alignment with treasury needs.
• Translate business objectives into documentation for tech teams.
• Support design and rollout of digital cash management products.
• Drive UAT strategy and test case validation.

Skills

Business Analyst experience in Payments

Knowledge of domestic and cross-border payment schemes

Experience preparing BRDs and FSDs

Knowledge of corporate treasury operations

Regulatory compliance knowledge

Excellent communication skills

Job description

We are hiring Business Analyst – Virtual Account & Payments Transformation with below requirements;

Responsibilities

• Lead requirement discovery and gap analysis across payments, cash management, and VAM platforms.
• Define and document end-to-end workflows (collections, reconciliation, liquidity, pooling) in alignment with corporate treasury needs.
• Translate business objectives into BRDs, FSDs, process models, and API specifications for product and technology teams.
• Collaborate with stakeholders to enhance virtual account structures for automated reconciliation, beneficiary mapping, and client onboarding.
• Provide domain leadership on payment clearing systems (SWIFT, SEPA, Faster Payments, UPI, etc.) and their integration with VAM.
• Support the design and rollout of digital cash management products, ensuring compliance with regulatory and risk frameworks.
• Partner with solution architects to ensure seamless integration of VAM with core banking, ERP, and treasury platforms.
• Drive UAT strategy, test case validation, and production readiness reviews for new features.

Skills

• Experience as a Business Analyst / Product Owner in Payments / Transaction Banking / Cash Management with Proven expertise in Virtual Account Management (VAM) use cases – reconciliation, liquidity, virtual pooling, and client cash concentration.
• Strong knowledge of domestic and cross-border payment schemes (SWIFT, ACH, NEFT/RTGS, SEPA, Faster Payments, ISO 20022).
• Hands-on experience preparing detailed BRDs, FSDs, and integration specifications for large-scale banking initiatives.
• Familiarity with corporate treasury operations, ERP-bank integrations, and API-based connectivity.
• Exposure to regulatory compliance frameworks (AML, KYC, PSD2, data security in payments).
• Excellent communication, stakeholder management, and ability to engage with CXO-level stakeholders.