Senior Business Analyst – Credit & Risk / Regulatory Reporting

Infrasoft Technologies Limited; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Infrasoft Technologies Limited is seeking a senior Business Analyst to lead requirements gathering, workshops, and IT project lifecycles for banking wealth management implementations.

The role covers data mappings, regulatory reporting, and Basel IV knowledge, working with multiple finance and tech teams to deliver compliant solutions across global regions.

Qualifications

• Minimum 10 years of experience as a business analyst.
• Hands-on IT project implementation experience.
• Knowledge of Basel IV and local regulatory requirements.
• Experience in credit-risk, regulatory reporting, and core banking domains.

Responsibilities

• Organize workshops with stakeholders to assess business needs.
• Conduct studies with finance teams and vendors to align requirements and data mappings.
• Drive application impact analysis and ensure compliance with group expectations.
• Document detailed business requirements and functional specifications.
• Translate requirements into non-functional specs for tech teams.
• Lead user acceptance testing (UAT) and ensure smooth system transitions.
• Collaborate with tech teams for seamless integration of application/data interfaces.
• Maintain backlog of requirements, transformations and adaptations.
• Coordinate with teams across divisions on the same program.
• Involve in full development lifecycle: Elaboration – Build – Transition – Production.
• Adhere to governance principles and formal validation of BRD.

Skills

Credit-risk

Regulatory Reporting

Core banking

Stakeholder management

IT project life cycle

Communication

Job description

Responsibilities

• Organize workshops with respective stakeholders and assess business needs.
• Perform study with the Group & Local Finance teams and vendor/consulting team (if required) to align on the requirements, data mappings and functionalities/scope.
• Drive and plan the application impact analysis after Business workshop.
• Ensure the functional mappings/data comply with local and Group expectations.
• Documenting detailed business requirements and functional specifications.
• Translate the requirements into non-functional specifications for technology teams to develop.
• Conducting user acceptance testing (UAT) and ensuring a smooth transition to new systems.
• Identify any bottlenecks and recommend improvements.
• Collaborate with technology teams to ensure seamless integration and development of the application or data interface flows.
• Build and maintain the Backlog of requirements, transformations and adaptations.
• Work with various Stakeholders, to implement the deliverables and to resolve challenges and issues.
• Involvement in full development lifecycle, from Elaboration->Build->Transition->Production.
• Adhere to WMIS Governance and guiding principles.
• Business requirements consolidation and formal validation from sponsor/product owner.
• Prepare migration and testing strategy consolidation and formal validation
• Coordinate with all teams, from same division or other divisions, working on the same program
• Work with the development team, Business analyst, Solution architects, Application SMEs to design the functional solutions.

Direct Responsibilities

• Organize workshops with respective stakeholders and assess business needs.
• Perform study with the Group & Local Finance teams and vendor/consulting team (if required) to align on the requirements, data mappings and functionalities/scope.
• Drive and plan the application impact analysis after Business workshop.
• Ensure the functional mappings/data comply with local and Group expectations.
• Documenting detailed business requirements and functional specifications.
• Translate the requirements into non-functional specifications for technology teams to develop.
• Conducting user acceptance testing (UAT) and ensuring a smooth transition to new systems.
• Identify any bottlenecks and recommend improvements.
• Collaborate with technology teams to ensure seamless integration and development of the application or data interface flows.
• Build and maintain the Backlog of requirements, transformations and adaptations.
• Work with various Stakeholders, to implement the deliverables and to resolve challenges and issues.
• Involvement in full development lifecycle, from Elaboration->Build->Transition->Production.
• Adhere to WMIS Governance and guiding principles.
• Business requirements consolidation and formal validation from sponsor/product owner.
• Prepare migration and testing strategy consolidation and formal validation
• Coordinate with all teams, from same division or other divisions, working on the same program
• Work with the development team, Business analyst, Solution architects, Application SMEs to design the functional solutions.

Functional & Behavioral Competencies

• Should have worked as a Business analyst at least for 10 years.
• Hands-on experience in the following areas in IT system implementations:
• Credit-risk (Limits, Collateral Management, Counterparty Risk)
• Regulatory Reporting (Knowledge on Basel IV, Site specific local regulatory requirements)
• Core banking (Knowledge on Loan/Deposit lifecycle)

• Demonstrable experience in a similar role in the Banking Wealth Management industry.
• Experience working throughout the entire IT project life cycle; including analyzing and documenting requirements, workshops, testing and stakeholder management throughout.
• Good knowledge and working capability of product life cycle like loans, deposits, forex, derivatives, limits, Guarantees, securities etc.
• Should have knowledge on Credit life cycle and IFRS9 reporting system implementation lifecycle.
• Should have good knowledge and understanding of the information flow and various business functions in a financial services/bank.
• Ability to prioritize and execute tasks in a high-pressure environment
• Able to conduct the workshops with business teams and challenge the requirements
• Collaborate with teams and work with groups effectively spread across various regions
• Strong critical thinker with problem solving aptitude.
• Responsible and good organization of work in each project phase.
• Excellent written and oral communication skills.