Functional Business Analyst

JonDavidson Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading financial consultancy in Singapore is seeking a Functional Business Analyst to facilitate business requirements and operational processes in the banking sector. The ideal candidate will collaborate with teams to define and analyze business needs, monitor project risks, and ensure clear communication with IT for effective implementation. Strong knowledge of banking operations and change management processes is essential, offering a robust opportunity in a dynamic environment.

Qualifications

• Strong business domain knowledge in banking or financial industries such as Fintech or insurance.
• Understanding of technology and operational processes in banking.
• Familiar with change management and project management fundamentals.
• Experience in scoping and evaluation for project recommendations.

Responsibilities

• Collaborate with the team to elicit and review business requirements.
• Analyse and document business and operations processes.
• Define detailed functional and non-functional requirements.
• Monitor and manage risks related to requirements and scope.
• Transition requirements to System Analysts.
• Write business functional release notes and assist in the deployment plan.
• Collaborate with IT to incorporate security in non-functional requirements.
• Translate business requirements into test scenarios with Test Manager.
• Clarify test findings escalated by Test Manager and classify as defect or change request.
• Perform impact assessment and estimation for Project Change Request.

Skills

Business domain knowledge in banking or financial industry

Understanding of technology and operational processes

Familiar with change management processes

Project management fundamentals

Requirements scoping & evaluation

Job description

Functional Business Analyst

Job Nature: Fulltime

Location: Changi Business Park, Singapore

Requirements

• Strong business domain knowledge in banking or related financial industry eg. (Fintech, insurance etc.)
• Understanding of technology and operational processes across functions / departments in banking
• Familiar with change management processes and project management fundamentals
• Experience in scoping and evaluation -Defining overall considerations, including scalability, maintainability, cost, operations and technology principal risk to provide a recommendation

Responsibilities

• Collaborate with team to elicit and review business requirements
• Analyse and document the "to be" business and operations processes based on the agreed requirements and / or function points, perform impact assessment
• Responsible to analyse and define detailed functional and non-functional requirements based on business requirements
• Monitor and manage risks /issues related to requirements and scope creep
• Transition functional and non-functional requirements to System Analysts, and ensure a clear and complete understanding of the requirements
• Write business functional release notes and contribute to deployment plan
• Collaborate with IT teams to ensure non-functional requirements effectively incorporate security requirements
• Work with Test Manager to translate business requirements into test scenarios
• Clarify test findings escalated by Test Manager and classify the findings accordingly (either as a defect or change request)
• Perform impact assessment and estimation for Project Change Request