EV

Senior Business Analyst (Payments)

Evolution Recruitment Solutions PTE. LTD.
Singapore ₹10K-15K LPA Posted 5 Feb 2025
FULL TIME
Payments
Business Analyst

Job Description

Business Analysis

  • Collaborate with business and operational stakeholders to gather functional requirements, perform analyses, and document findings (including URD, RTM, Test Scenarios, etc.)
  • Assess, validate, prioritize, and strategize enhancements and requirements from stakeholders
  • Develop innovative and practical solutions aimed at enhancing operational efficiency, standardization, user experience, and the delivery of business initiatives
  • Communicate effectively with stakeholders, including Heads of Department, Head Office, Regional teams, internal IT departments, Business & Process Owners, and vendors
  • Review and approve artifacts and solutions delivered by technical teams and vendors
  • Facilitate SIT, UAT, regression testing, and rehearsal testing support
  • Conduct training sessions and workshops for users
  • Ensure the effective implementation of solutions

2. Project Management Support

  • Assist in conducting project feasibility studies
  • Establish work breakdown structures and define tasks for Requirements Definition, User Acceptance Testing, and Migration Phases
  • Assist in Change Management and monitor for scope creep
  • Support Risk & Issue Management efforts
  • Contribute to project execution and the delivery of solutions within established budgets and timelines
  • Facilitate Stakeholder Management

3. BAU Management

  • Deliver prompt support to users during incidents, change requests, inquiries, and Business Continuity Planning exercises

Job Requirements

  • A Bachelor’s degree in Management Information Systems, Computer Science, or Applied Science, along with a minimum of 8 years of relevant work experience
  • At least 5 years of experience in business analysis within a bank or financial institution
  • Familiarity with Payments / Remittance systems, SWIFT ISO20022 CBPR+, SWIFT MT Standards, and Clearing schemes (ACH, RTGS, RT) across the Asia Pacific region
  • A solid understanding of Payment Operational workflows, business operating models, as well as operational compliance and risk management
  • Knowledge of Cash Management Products, Channels, Core Banking / Accounting, AML Screening, and FX/Treasury
  • A proactive team player with a focus on results
  • Strong stakeholder management capabilities
  • Exceptional communication, presentation, and interpersonal skills
  • Project Management certification is advantageous
  • Practical experience in database querying and scripting
  • Familiarity with Java and web-based applications, along with a grasp of robust application design principles
  • A good understanding of system interface protocols
  • A comprehensive understanding of infrastructure and system resiliency
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