IT Business Analyst (Core Banking / Private Banking)

Tech Aalto Pte ltd; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Tech Aalto Pte ltd is seeking an IT Business Analyst Lead for Core Banking / Private Banking in Singapore. You will gather and analyse business processes, design system enhancements and functional solutions, coordinating with IT and business stakeholders to ensure seamless integration of the core banking system with interacting applications.

You will bridge business needs with technology solutions, document requirements and manage end-to-end system changes while ensuring regulatory compliance

Qualifications

• Minimum 12 – 15 years of IT business analysis, system engineering & support, focussed on Core Banking with Private Banking domain
• Preferred with experience in handling Credit Products (e.g. Mortgage, Lombard Loans, Structured Finance, Guarantees), and Securities (e.g. Equities, Fixed Income, Funds) & Corporate Actions
• Have a good understanding of products offered in the Private Banking
• Experienced in driving PLWs and able to advise new processes for new applications, preferably with Implementation experience
• Working experience of SDLC and Agile methodologies like SCRUM and KANBAN.

Responsibilities

• Bridge the gap between business needs and technology solutions within core banking and its interacting applications
• Document requirements, functional specifications including data mapping, migration, reporting and user guides
• Lead requirement analysis, system enhancement and solution design for core banking projects
• Act as liaison between business users, internal teams and vendors on project management, development, testing, migration, user training and production releases
• Ensure system solutions align with business needs and regulatory requirements
• Strong expertise in Temenos Transact Core Banking with Private Banking domain knowledge
• Working experience of Agile methodologies such as Scrum / Kanban

Skills

Analytical & Problem-Solving

Project Management

Communication & Collaboration

Stakeholder Management

Agile (Scrum/Kanban)

Temenos Transact Core Banking

Private Banking domain knowledge

SDLC

Tools

SQL

Job description

IT Business Analyst (Core Banking / Private Banking)

GENERAL DESCRIPTION

This role is for an IT Business Engineer Lead – Core Banking. The role involves gathering / analysing business processes, designing system enhancements and functional solution collaborating with IT and business stakeholders to ensure the seamless integration and optimisation of core banking system with interacting applications.

kEY FEATURES OF THE POSITION

• Key skills: Analytical & Problem-Solving, Project Management, Communication & Collaboration
• Responsible for bridging the gap between the business needs and technology solutions within the core banking domain and its interacting applications
• Document requirements, functional specification including data mapping, migration, reporting and user guide
• Propose innovative solution which is scalable and avoiding any addition of risk (operational risk or delivery risk)
• Lead and co-ordinate the requirement analysis, system enhancement and solution design for core banking projects
• Act as a liaison between business users, internal teams and vendors on project management, development, testing, migration, user training and production releases
• Strong expertise in Temenos Transact Core Banking with Private Banking domain knowledge
• Working experience in Agile methodologies such as Scrum / Kanban
• Stakeholder management to ensure no ambiguity on requirements and impact analysis
• Diligently document change log, provide project status and escalates to project leads
• Support the end-to-end implementation of system changes, ensuring timely delivery and quality
• Ensure system solution align with business needs and regulatory requirements

SKILLS REQUIREMENTS OF THE POSITION

Professional and Technical

• Minimum 12 – 15 years of IT business analysis, system engineering & support, focussed on Core Banking with Private Banking domain
• Preferred with experience in handling Credit Products (e.g. Mortgage, Lombard Loans, Structured Finance, Guarantees), and Securities (e.g. Equities, Fixed Income, Funds) & Corporate Actions
• Have a good understanding of products offered in the Private Banking
• Experienced in driving PLWs and able to advise new processes for new applications, preferably with Implementation experience.
• Working experience of SDLC and Agile methodologies like SCRUM and KANBAN.

Personal and Social

• Strong analytical and problem-solving skills to challenge business/technical requirements to build good and scalable solutions.
• Good written and verbal communication skills including technical writing skills.
• Self-driven, highly motivated, hardworking, and agile enough to work both independently and as a team player.
• Should have high standards for services delivered to business and should have an eye for details.
• Ability to work under pressure and manage multiple, concurrent priorities with business and IT stakeholders

Regulatory Responsibilities &/OR Risk Management

• Demonstrate appropriate values and behaviours including but not limited to standards on honesty, integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations.
• Ensure appropriate ethical and compliant behaviour within the function by clear demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations