Business Analyst (Wealth Management) - Group Operations and Technology

Overseas Chinese Banking Corporation; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial services institution in Singapore is looking for an experienced IT Business Analyst to join their Retail Wealth Management technology team. The role involves bridging business and technology, ensuring that system solutions align with business objectives. Candidates should have at least 8 years in banking or financial services and a strong grasp of Retail Wealth Management products. The job requires in-office work and offers competitive salary along with benefits aimed at personal growth and community involvement.

Benefits

Competitive salary

Holistic, flexible benefits

Professional development opportunities

Community initiatives

Qualifications

• Minimum 8 years of experience as a Business Analyst in banking or financial services.
• Strong knowledge of Retail Wealth Management products and services.
• Familiarity with integration technologies and core banking systems.

Responsibilities

• Collaborate with stakeholders to gather requirements and design solutions.
• Ensure compliance with regulatory standards and support system integration.
• Assist in project planning and coordinate with cross-functional teams.
• Develop test scenarios and support User Acceptance Testing (UAT).
• Identify opportunities for operational efficiency improvements.

Skills

Analytical skills

Problem-solving skills

Documentation skills

Communication skills

Stakeholder management skills

Tools

Core banking systems

Wealth management platforms

API integration

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.

Your Opportunity Starts Here.

About the role

We are seeking an experienced IT Business Analyst to join our Retail Wealth Management technology team. The successful candidate will act as a bridge between business stakeholders and technology teams, ensuring that system solutions align with business objectives and regulatory requirements. This role involves gathering and analyzing requirements, designing solutions, and supporting implementation for wealth management products and services, including investment, insurance, and advisory platforms.

Roles and Responsibilities

1. Business Analysis & Requirements Gathering

• Collaborate with business stakeholders to understand objectives, processes, and pain points.
• Elicit, document, and validate functional and non-functional requirements for wealth management systems.
• Translate business needs into clear and concise user stories or functional specifications.

2. Solution Design & Delivery

• Work closely with architects and developers to design solutions that meet business and technical requirements.
• Ensure compliance with regulatory standards (MAS guidelines, KYC/AML requirements).
• Support system integration, data migration, and interface design between wealth platforms and core banking systems.

3. Project Management Support

• Assist in project planning, scope definition, and timeline estimation.
• Coordinate with cross-functional teams (business, operations, technology, vendors) to ensure timely delivery.
• Track and report progress, risks, and issues to stakeholders.

4. Testing & Quality Assurance

• Develop test scenarios and support User Acceptance Testing (UAT).
• Validate that delivered solutions meet business requirements and quality standards.

5. Continuous Improvement

• Identify opportunities to enhance system capabilities and improve operational efficiency, and be a key differentiator to help Bank achieve business objectives
• Stay updated on industry trends, regulatory changes, and emerging technologies in wealth management.

Minimum Qualifications

• Experience:
  • Minimum 8 years of experience as a Business Analyst in banking or financial services.
  • Strong knowledge of Retail Wealth Management products (mutual funds, structured products, equities, insurance, advisory services).
  • Familiarity with core banking systems, wealth platforms, and integration technologies.
• Skills:
  • Excellent analytical, problem-solving, and documentation skills.
  • Proficient in requirements gathering techniques, process mapping, and use case development.
  • Strong communication and stakeholder management skills.
• Preferred:
  • Experience with Agile/Scrum methodologies.
  • Knowledge of MAS regulatory requirements and compliance frameworks.
  • Exposure to API integration and digital wealth platforms.
• To better facilitate collaboration and discussion, please note that this is a role that requires 100% Work-in-Office.

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.