T24 Business Analyst – Structured Products - Core / Private Banking

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

Job summary

Tech Aalto Pte ltd is seeking a T24 Business Analyst for Structured Products in Private Banking/Wealth Management. You will drive end-to-end business analysis and functional design for complex derivatives and structured instruments.

The role requires deep T24 knowledge, strong domain experience in Structured Products and the ability to translate product structures into compliant, actionable designs. Collaboration with IT and business stakeholders is essential.

Qualifications

• Minimum 5 years IT business analysis experience in Core Banking with Private Banking domain.
• Configure and support T24 modules for Structured Products including Securities, Derivatives, Corporate Actions, Accounting & Reporting, Fees & Taxes.
• Define functional behavior for event-based postings and accounting rules.
• Experience with SDLC and Agile methodologies (SCRUM/KANBAN).
• Strong analytical, problem-solving and cross-functional communication skills.

Responsibilities

• Lead requirements gathering and analysis for Structured Products in Private Banking.
• Translate business requirements into BSDD/FSD/TSD and user stories aligned with Temenos methods.
• Define product lifecycle flows: trade booking, pricing, payoff, corporate actions, coupons, maturity / redemption.
• Collaborate with business, front office, operations, risk and finance teams; manage end-to-end solution design.

Skills

Requirements gathering

Structured Products

Temenos Transact (T24)

Private Banking

SDLC

Agile SCRUM

KANBAN

Derivatives

End-of-Day processing

Tools

Temenos Transact (T24)

Job description

T24 Business Analyst – Structured Products - Core / 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.
The T24 Business Analyst – Structured Products will be responsible for end‑to‑end business analysis and functional solution design for Structured Products within Temenos Transact (T24), primarily in Private Banking / Wealth Management environments.
The role requires deep domain knowledge of derivatives and structured instruments, strong understanding of T24 Securities and Accounting, and the ability to translate complex product structures into T24‑compliant functional designs.
The role is also responsible to define the business functions related to End-of-Day, End-of-Month, End-of-Quarter, End-of-Year Processing on the Structured Products (ST).

kEY FEATURES OF THE POSITION

• Lead requirement gathering and analysis for Structured Products (notes, linked deposits, OTC derivatives) in Private Banking.
• Translate business requirements into BSDD / FSD / TSD / user stories aligned with Temenos implementation methodology.
• Define product lifecycle flows including:

• Trade booking
• Pricing
• Payoff calculation
• Corporate actions
• Coupon events
• Maturity / early redemption

• Work closely with business stakeholders, front office, operations, risk, and finance teams

SKILLS REQUIREMENTS OF THE POSITION

Professional and Technical

• Minimum 5years of IT business analysis, system engineering & support, focussed on Core Banking with Private Banking domain
• Configure and support T24 modules relevant to Structured Products, including:
  • Securities
  • Derivatives
  • Corporate Actions
  • Accounting & Reporting
  • Fees & Taxes
  • Define functional behavior for:
  • Event‑based postings
  • Accounting rules
  • Cash and position management
• Support T24 integration touchpoints with upstream and downstream systems (channels, reporting, market data feeds).
• 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

Domain & Functional Skills

• 5 – 15+ years of experience as a T24 Business Analyst / Functional Consultant.
• Strong domain knowledge in:
  • Structured Products
  • Derivatives (OTC, notes, linked products)
  • Corporate Actions
  • Private Banking / Wealth Management
• Strong understanding of financial accounting for complex instruments.

Temenos T24 Expertise

• Hands‑on experience with Temenos Transact (T24) in Private Banking.
• Strong knowledge of:
  • Securities & Derivatives modules
  • Accounting and reporting flows
  • COB/EOD/EOM behavior (Must Have)
• Experience working on T24 upgrades, enhancements, or migrations