Functional Business Analyst (AML/KYC)

JonDavidson Pte Ltd; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A financial consulting firm based in Singapore is seeking an experienced professional proficient in banking domain knowledge to handle business requirements analysis, solution design, and team collaboration. The ideal candidate should possess over 10 years of relevant banking or consulting experience, strong analytical skills, and the ability to effectively communicate and collaborate with various stakeholders. This rewarding role offers a chance to contribute to impactful projects within the banking industry.

Qualifications

• Must have strong business domain knowledge in banking.
• 10+ years of relevant banking and/or consulting experience is required.
• Strong analytical, problem solving, and communication skills needed.

Responsibilities

• Collaborate to elicit, review, and update business requirements.
• Define functional solutions and target state processes.
• Facilitate transition of requirements to System Analysts.
• Clarify and classify test findings from the Test Manager.

Skills

Strong business domain knowledge in banking

Strong quantitative and analytical skills

Problem-solving and process design skills

Change management processes knowledge

Strategic thinking and communication skills

Team player

10+ years of relevant banking experience

Education

Bachelor's degree in engineering/business/finance or equivalent

Job description

Requirements Analysis & Elicitation

• Collaborate with BU Specialists to elicit, review and update business requirements
• Analyze "to be" business and operations processes based on the agreed requirements and / or function points, determine the areas of impact and overall high-level solution, Responsible to analyze and define non- functional requirements based on business requirements
• Monitor and manage risks /issues related to requirements and scope creep
• Write business functional release notes and contribute to deployment plan

Solution Design

• Define Functional solution to cater to the requirements
• Identify the impact on each system, process
• Define the target state functional state
• Define the e2e process flows for the target state

Team Collaboration

• Transition functional and non-functional requirements to System Analysts, and ensure a clear and complete understanding of the requirements
• Work with Tech architects to understand the technical requirements and scope
• Work with Test Manager to translate business requirements into test scenarios
• Facilitate / provide "Train the Trainer" on application enhancements

Testing & Scope Management

• Clarify test findings escalated by Test Manager and classify the findings accordingly (either as a defect or change request)
• Perform initial impact assessment and high-level estimation for Project Change Request

Skills and Expertise

• Strong business domain knowledge in banking
• Bachelor's degree in engineering/ business/ finance or equivalent
• Strong quantitative, analytical, problem solving and process design skills that can translate analysis into solutions that meet business objectives
• Understanding of technology and operational processes across functions / departments in the bank/market.
• Resourceful team player
• Familiar with change management processes and project management fundamentals
• Strategic forward-thinking approach to challenges with outstanding communications, influencing, negotiating and persuasion skills
• Passionate, diligent, and resilient individual with ability to thrive in ambiguity
• Experience in scoping and evaluation - Defining overall considerations, including scalability, maintainability, cost, operations, and technology principal risk to provide a recommendation
• 10 +years of relevant banking and/or consulting experience
• Compliance - AML/KYC (Name Screening, Risk Ranking, Customer Due Diligence, Ongoing Review), Transaction Monitoring, Sanctions Screening
• Common Reporting Standard/FATCA

We invite you to write in to Priya at [e-mail] , with your updated CV (in MSWord format). We regret to inform only selected candidates will be notified. However, if you are not selected, we will keep your CV and contact you for suitable role(s) that comes along.