Finance OFS Business Analyst

⇒ Role Summary

Our Client is looking for a suitable Business Analyst with some Project Manager experience . The role will be required to work closely with

• HO Finance in Europe who is the main sponsor and Product Owner.
• Users from Asia and Europe for Requirement gathering and UAT
• Various source systems team to analyze impact and propose solutions.
• Document Functional Specification and obtain business validation.

Important experience required:

• Strong functional knowledge in Accounting, Finance reporting, Recon process, Liquidity management, Credit risk and Local Regulatory Reporting (in order of priority).
• Strong Business Analysis experience in a Technology team, working on impact analysis, data quality, data reconciliation, data mapping, etc, and solid functional specification, presentation documentation skills to illustrate User cases to business stakeholders and Developers.
• Prior experience in implementing technology projects for finance domain in Wealth Management Banking service.

⇒ Main Responsibilities

• SME from Technology team responsible to analyze the impact of GL accounting setup/changes in core banking system and the impact on Financial Reporting.
• Perform study with the Group Finance to align on the requirements, data mappings and functionalities/scope.
• Organize workshops with respective stakeholders and assess business needs.
• 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.
• Business requirements consolidation and formal validation from sponsor/product owner.
• Translate the requirements into non-functional specification 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.
• Work with various Stakeholders, to implement the deliverables and to resolve challenges and issues.
• Involvement in full development lifecycle, from Elaboration->Build->SIT->UAT->Production.
• Responsible for the organization of the work in each project phase.
• Build and maintain the Demand Backlog and plan release scope based on estimation and capacity.
• Work with the development team, Business analyst, Solution architects, Application SME’s to design the functional solutions.
• Prepare Project governance deliverable required for each project release.
• Manage arbitration with business stakeholders.
• Monitor and control the deliveries of projects.
• Anticipate and mitigate risks and issues over the whole project course.

⇒ Qualifications & Experience

• Bachelor's Degree in Information Technology or relevant fields.
• At least 10 years of working experience as a Business Analyst.
• Hands on experience in the following areas are anticipated (or a mix) in implementations : Financial Accounting (Knowledge on Transaction movements, Accruals, Reversals for Trading and Banking book); Liquidity Management; Credit-risk (Collateral Management, Counterparty Risk); Regulatory Reporting (Knowledge on Basel IV, SACCR preferred); Core banking (Knowledge on Loan/Deposit lifecycle); Data quality, Finance closing and recon process.
• Demonstrable experience in a similar role in Banking Wealth Management industry.
• Good working knowledge on WM investment product life cycle .
• Should have good knowledge and understanding of the information flow and various business functions in a financial services/bank.
• Should have knowledge on Accounting/Finance system implementation lifecycle.
• Experience working throughout the entire IT project life cycle; including analyzing and documenting requirements, workshops, testing and stakeholder management throughout.
• Ability to prioritize and execute tasks in a high pressure environment.
• Able to conduct workshops with business teams and challenging the requirements.
• Collaborate with teams and work with groups effectively spread across various regions.
• Strong critical thinker with problem solving aptitude.
• Excellent written and oral communication skills.
• Ability to collaborate and communicate with multiple teams and other stakeholders to maintain harmony.
• Background from Business analyst and transitioned to PM would be value added.