Functional Business Analyst

Experience: 6+ Years
Role: Functional Business Analyst

Responsibilities:

1. Business Analysis & Requirements Management

· Lead requirements elicitation workshops with Product Owners, Business Stakeholders, Operations, Compliance, Risk, and Technology teams.

· Analyse, document, and validate business, functional, and non-functional requirements for Stablecoin and Digital Asset initiatives.

· Produce BRDs, Functional Specifications, User Stories, Use Cases, Process Flows, and Acceptance Criteria.

· Perform gap analysis between current-state ("As-Is") and future-state ("To-Be") processes.

· Manage requirement traceability throughout the SDLC lifecycle.

· Identify and manage requirement risks, dependencies, assumptions, and scope changes.

2. Stablecoin & Digital Asset Domain Analysis

· Define and document end-to-end stablecoin journeys including:

· Pay / Transfer

· Receive / Collection

· Fiat ↔ Stablecoin Conversion

· Wallet Management

· Wallet Payee Management

· Onboarding / Offboarding

· Reconciliation & Reporting

· Analyse impacts to digital channels including internet banking, APIs, Host-to-Host (H2H), and mobile platforms.

· Document business rules for wallet operations, transaction lifecycle, settlement, limits, fees, and exception handling.

· Support future digital asset initiatives including tokenised deposits, CBDC, and programmable settlement capabilities.

3. Corporate Channel & Entitlement Framework

· Define and maintain corporate channel entitlement models covering:

· User Roles

· RBAC Frameworks

· Maker-Checker Approvals

· Transaction Limits

· Authorization Matrix

· Wallet and Account Entitlements

· Ensure stablecoin services are integrated into existing corporate banking security and approval frameworks.

· Work closely with channel teams to define onboarding, subscription packages, and access controls.

4. Regulatory, Compliance & Risk Requirements

· Collaborate with Compliance, AML, Fraud, and Risk teams to define controls for:

· KYC/CDD

· AML Monitoring

· Sanctions Screening

· Travel Rule Compliance

· Wallet Screening

· Transaction Monitoring

· Audit and Reporting Requirements

· Ensure regulatory obligations are embedded into requirements and solution design.

· Support reviews related to MAS regulations and cross-border digital asset controls.

5. Stakeholder & Delivery Management

· Serve as the bridge between Business, Product, Technology, Architecture, Operations, and Testing teams.

· Facilitate requirement walkthroughs and solution discussions.

· Support Agile ceremonies including grooming, sprint planning, backlog refinement, and UAT readiness.

· Drive issue resolution and requirement clarifications throughout delivery.

6. Testing & Implementation Support

· Translate business requirements into test scenarios and test cases.

· Support SIT, UAT, and Production Validation testing.

· Review defects and determine whether issues are defects, change requests, or enhancement opportunities.

· Support implementation, rollout planning, and post-production stabilization

Requirements:

Key Requirements

Experience

· 8–12 years of Functional Business Analysis experience in Banking or Financial Services.

· Minimum 5 years in Transaction Banking, Payments, Cash Management, or Corporate Banking Channels.

· Proven experience delivering large-scale digital transformation initiatives.

Stablecoin / Digital Asset Knowledge

Strong understanding of:

· Stablecoins

· Blockchain Fundamentals

· Wallet Concepts

· Digital Asset Custody

· Tokenised Money

· Tokenised Deposits

· CBDC Ecosystem

· Experience supporting Stablecoin, Blockchain, Digital Asset, or Distributed Ledger Technology (DLT) initiatives.

· Understanding of wallet-to-wallet transfers, digital asset settlement, and on-ramp/off-ramp models.

Corporate Banking Channels

Strong knowledge of:

· Corporate Internet Banking

· Entitlements & RBAC

· Authorization Matrix

· User Administration

· Bulk Payments

· H2H Integrations

· API Banking

· Cash Management

· Payment Domain Knowledge

· Strong understanding of:

· Cross-border Payments

· RTGS

· SWIFT

· ISO 20022

· ACH

· Reconciliation

· Settlement Processes

· Knowledge of digital settlement and programmable payment concepts.

Business Analysis Skills

Expert in:

· BRD / FRD Preparation

· User Stories

· BPMN / Process Modelling

· Requirement Traceability

· Impact Assessment

· Gap Analysis

· Stakeholder Management

· Experience with Agile delivery using JIRA and Confluence.

Preferred / Good-To-Have Skills

· Exposure to SWIFT Digital Ledger initiatives.

· Experience with Stablecoin products such as USDC, tokenised deposits, or institutional digital asset platforms.

· Knowledge of blockchain networks such as Ripple, Ethereum, Hyperledger, or Polygon.

· Understanding of smart contracts and programmable settlement.

· Familiarity with Travel Rule, wallet address validation, and blockchain analytics solutions.

· Experience working with Compliance, Fraud, AML, and Risk teams on digital asset initiatives.

Personal Qualities:

• Articulate well. Clarity in analysing and writing business requirements
• Not an order taker, able to push back complex build needs and offer alternate solutions

• A great team player. Collaborate and communicate well with the other BAs
• Strong analytical and problem-solving skills
• Strong presentation and meeting skills
• Proactive and has initiative to thrive in a fast-paced environment to deliver and meet deadlines

Highly resourceful and self-motivated

Key Domain/ Technical Skills:

(Indicate up to 3 areas)

· Stablecoin / Digital Assets / Tokenised Money

· Corporate Banking Channels & Payments

· Entitlement Frameworks & Access Management