Functional Business Analyst, CLM/AML (Banking, 1-year renewable contract)

Dear Candidate,

If you or someone you know is interested in this opportunity, please submit your CV directly to [HIDDEN TEXT] for the best chance of consideration, as I may miss some applications due to the high volume received.

Please be aware that visa sponsorship is not available at this time.

Main Responsibilities

• Engage proactively with business stakeholders to gather, elicit, and analyze business requirements specific to the Client Lifecycle Management (CLM) / Anti-Money Laundering (AML) fields.
• Work in conjunction with business and operational experts to review, validate, and document the business requirements.
• Analyze and document proposed 'to-be' business and operational processes, including impact assessments based on established requirements and functional scope.
• Define comprehensive functional and non-functional requirements that align with the business, technology, and migration needs.
• Identify and manage requirements-related risks, issues, and scope changes throughout the analysis phase.
• Create detailed business requirements documentation that complies with recognized banking standards.
• Generate business functional release notes and assist in developing deployment and implementation strategies.
• Evaluate the current technology landscape to ensure that requirements facilitate seamless system integration.
• Collaborate with operational teams to design and implement new processes and procedures as necessary.
• Partner with System Analysts and Solution Architects to ensure a clear understanding and effective translation of business requirements into technical solutions.
• Maintain and perform updates to the Requirements Traceability Matrix (RTM), ensuring that requirements remain fully traceable throughout the delivery process.
• Review and validate system capabilities against the established Business Requirements Document (BRD).
• Define the project scope, assumptions, and key considerations to support IT management approval and governance frameworks.
• Manage requirements and change requests throughout the analysis and delivery phases.
• Review and approve functional specifications prepared by System Analysts.
• Examine SIT test cases and provide necessary clarification and support to testing teams.
• Offer assistance during System Integration Testing (SIT) and User Acceptance Testing (UAT).

Essential Qualifications

• Bachelor's Degree in Computer Science, Information Technology, or a related field.
• Over 10 years of relevant experience, ideally within Information Technology and banking environments.
• A minimum of 5 years of banking experience with a solid understanding of banking processes and technology.
• Demonstrable experience as a Business Analyst in Client Lifecycle Management (CLM) and/or AML domains.
• Strong expertise in requirements elicitation, analysis, documentation, and management.
• Comprehensive understanding of CLM / AML processes, systems, and regulatory frameworks.
• Excellent stakeholder management and communication skills, with the ability to collaborate effectively across business, operations, and technology teams.
• Experience in translating business requirements into detailed functional and non-functional specifications.
• Thorough understanding of business process analysis, impact assessment, and process enhancement.
• Experience collaborating with System Analysts, Solution Architects, developers, and testing teams throughout the Software Development Life Cycle (SDLC).
• Practical experience with BRD, functional specifications, requirements traceability, and SIT/UAT processes.
• Strong analytical and problem-solving abilities, with a keen eye for challenging existing processes and identifying optimization opportunities.
• Capacity to manage multiple stakeholders, requirements changes, risks, and competing priorities efficiently.
• Outstanding written and verbal communication skills, with the capability to articulate complex requirements clearly.