Business Analyst (Trade Finance)

Business Analyst

Responsibilities:

1. Requirement Gathering & Analysis

· Process Mapping: Map the "As-Is" workflow of bank guarantee issuance (from client request to SWIFT transmission) and design the "To-Be" optimized digital workflow.

· Stakeholder Management: Conduct workshops with Trade Finance Operations, Risk Management, and Legal teams to gather detailed functional requirements.

· Gap Analysis: Identify gaps between the current system capabilities and the business needs (e.g., inability to handle complex counter-guarantees).

2. Functional Design & Specification

· BRD/FRD Creation: Write detailed Business Requirement Documents (BRD) and Functional Requirement Documents (FRD).

· Workflow Logic: Define the logic for automated approvals, credit limit checks, and expiry notifications.

· SWIFT Integration: Define requirements for SWIFT MT760 (Issuance), MT767(Amendment), and MT768 (Claim) messaging standards.

· Template Management: Design standardized digital templates for various guarantee types (Bid Bonds, Performance Bonds, Advance Payment Guarantees).

· Overall tracking and overseeing the solution delivery; including the traceability of the solutions, working with the scrum master in the sprints daily to facilitate and monitor the project delivery execution.

· Participate to project committees to communicate project delivery, risk management and record decisions and validation for implementation.

3. Testing & Quality Assurance

· UAT Coordination: Lead the User Acceptance Testing (UAT) phase, creating test scripts and scenarios that cover "happy paths" and "edge cases" (e.g., partial releases, overdue extensions).

· Bug Tracking: Document system defects and work with developers to prioritize fixes based on business impact.

· Data Migration: Oversee the mapping and migration of legacy guarantee data to new systems, ensuring no loss of expiry dates or liability amounts.

· Work with users on the test plan and responsible for end-to-end testing strategy and execution -To develop SIT/UAT/NRT scope and approach. To guide testing team in writing test scenarios/cases and review to get signoff from stakeholders. To rationalize test cases when needed to match with available team bandwidth and target timeline.

· To validate SIT test results produced by testing team to signoff

4. Compliance & Risk Integration

· Regulatory Alignment: Ensure the system enforces ICC rules (URDG 758, UCP 600) and local central bank regulations.

· AML/Sanctions Logic: Work with the Compliance team to integrate automated screening triggers into the BG issuance workflow.

· Takes accountability of Trade Projects and drive the planning, responsible for the delivery from inception to implementation.

· Working closely with Product managers, Operation teams (both middle and back office) and IT(global/regional), business analysts to rationalize the scope and business case for the project proposal. Present the solutions for steering committee approval.

· Managing these approved initiatives, new business TACs/NACs and their interdependencies. Working with the respective IT teams on the daily activities of the projects, and able to influence key stakeholders on decision making.

Technical and Behavioral Competencies required

Technical Skills:

· Domain Expertise: Strong understanding of Trade Finance instruments, specifically Bank Guarantees, SBLCs (Standby Letters of Credit), and Bonds.

· Standard Knowledge: Familiarity with ICC URDG 758 and SWIFT messaging.

· BA Toolset: Proficiency in Jira, Confluence, Visio, Lucid chart, or Trello.

· SQL/Data: Basic to intermediate SQL skills for data analysis and verification.

· SDLC Knowledge: Experience working in Agile/Scrum or Waterfall environments.

Preferred Experience

· Bachelor’s degree in Finance, Economics, Computer Science, or Business Administration.

· CDCS (Certified Documentary Credit Specialist) or CSDG(Certificate in Specialist Demand Guarantees) certification would be an advantage.

· Previous experience implementing Trade Finance software (e.g., Finastra, Temenos, Misys).

If interested, you can click on “Apply here” or write an e-mail to deeksha.agarwal@adecco.com with your updated resume.

NOTE: - Only shortlisted candidates will be contacted back.

Thanks & Regards

Deeksha Agarwal

EA Licence No.91C2918

Personnel Registration No. R26161520