Business Analyst (VP)

OCBC Bank; Singapore; On-site; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits package

Learning and development opportunities

Wellbeing and career growth support

Job summary

OCBC Bank is seeking a senior Business Analyst to join the Group Wealth Platform (GWP) initiative. You will liaise with business stakeholders across units to elicit initiatives and design end-to-end IT solutions that deliver value and regulatory compliance.

The role emphasizes collaboration, analytical thinking, and guiding project teams through BRD/FSD processes. You will leverage wealth management knowledge to drive strategic initiatives, coordinate with multiple regions, and optimize business

Qualifications

• 12+ years of experience as a Business Analyst or Solution Manager in private banks, investment banks, or asset management firms.
• Broad understanding of wealth management trends and practices.
• Excellent analytical and problem-solving skills with strong communication.
• Experience in documenting use cases, BRD and FSD is preferred.

Responsibilities

• Design IT functional solutions for business initiatives end-to-end, focusing on reusability and high availability.
• Gather and document detailed business requirements across regions.
• Collaborate with QA to define test strategy and support UAT.
• Provide guidance on FSD/BRD requirements and engage SMEs as needed.

Skills

Requirements gathering

Process analysis

Stakeholder management

Solution design

Education

Degree in computer science/software engineering/investment discipline preferred

Job description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

The Business Analyst Role

The Business Analyst is part of the Business Solutioning team in technology department who serves as a liaison to business stakeholders, Business and Operation Managers, Product Owners in various Business Units across the OCBC group. Key business stakeholders include Bank of Singapore, Consumer Financial Services, Global Markets. The primary focus of this role is to elicit business initiatives across various business units and design an end-to-end solution for the Group Wealth Platform – GWP.

Why Join

Join OCBC’s Business Solutioning team and help shape the future of the Group Wealth Platform. You will partner with stakeholders across Bank of Singapore, Consumer Financial Services and Global Markets to drive strategic initiatives, solve complex business challenges and deliver impactful end-to-end solutions. This is an opportunity to influence regional wealth management transformation while creating lasting value through innovation and technology.

How you succeed

You succeed by combining deep wealth management expertise with strong analytical, solutioning and stakeholder management skills. You will translate complex business needs into practical technology solutions, collaborate effectively across business and technology teams, and balance business priorities, regulatory requirements and system constraints. Your ability to influence stakeholders and drive clarity will be key to delivering successful outcomes.

What you do

Solution Design: Design IT functional solutions for business initiatives or projects. Construct the desired solutions by considering the concept of end-to-end, reusability, high availability, forward looking and lasting value.

Requirements Gathering: Work with stakeholders across various departments across the region to gather and document detailed business requirements.

Subject Matter Expert of responsible functional domains.

Process Analysis and Optimization: Analyze existing operational processes to identify inefficiencies, bottlenecks, and areas for improvement through digitalization.

Explore new ideas/new tools to address the key EPICs and perform first level functional validation of new ideas/new tools. Provide directions and clarifications to project team during the development phase of the project to any queries pertaining to the FSD or BRD. Where necessary, re-engage business SMEs to revise requirements and/or for the acceptance of alternative solutions, due to design or implementation constraints encountered.

Collaborate with Quality Assurance team to define the test strategy and approach and provide clarifications to queries during the testing phase, to both the Quality Assurance team and Business Testers during UAT.

Who you are

At least 12 years of relevant working experience as a Business Analyst or Solution Manager in Private banks, Investment banks, Asset Management Firms or relevant financial institutions. Have a broad understanding of the wealth management industrial trend and practices. Excellent front-to-back knowledge of Investment products and/or wealth management products. Good understanding of the regulatory requirement and business rules in wealth management domains. Excellent analytical and problem-solving skills. Proficient in the documentation of use cases, visual modeling, business processes, in the business requirements document and functional specifications document. Excellent inter-personal and communication skills, with strong ability to manage and align expectations of senior level business stakeholders across different business units to accept solutions proposed by project team. Good knowledge of system engineering concepts, data and information structures in an IT system environment including that of data modeling and database design appreciation. Competent in IT solutioning processes such as effort estimation, vendor management negotiation. Degree in computer science, software engineering and/or investment discipline preferred.

What we offer

• Competitive base salary.


• A suite of holistic, flexible benefits to suit every lifestyle.


• Community initiatives.


• Industry-leading learning and professional development opportunities.


• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

About the Employer

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.