Job Description

This is a 18 months Direct Contract role

Role Responsibilities
The Business Analyst/SME for StAR (MAS/ASIC) is responsible for maximising the business value of the product resulting from work done by the transformation teams. Working with the PO & Regime leads towards successful delivery of the MAS & ASIC Re-write for OTC Derivatives Regulatory Reporting onto the new strategic StAR platform.
Responsibilities

• The candidate should have strong understanding of OTC Derivatives Regulatory Reporting requirements in APAC jurisdictions regulations such as MAS, ASIC & HKMA. This involves staying up-to-date with the latest regulatory reporting changes and ensuring that the reporting processes adhere to the relevant regulations.
• Requirements Gathering: The Business Analyst is responsible for gathering detailed requirements from various stakeholders, including compliance experts, regulators, product owners, and end-users. They must understand the specific regulatory reporting needs and the current reporting processes.
• Documentation: The Business Analyst creates and maintains detailed documentation of the regulatory reporting requirements, business processes, data flows, and any changes made during the transformation. This documentation serves as a reference for development teams, stakeholders, and auditors.
• Gap Analysis: The Business Analyst performs a gap analysis to identify the differences between the current reporting processes and the required reporting processes. They highlight areas that need improvement and define how the transformation will bridge these gaps.
• Functional Specifications: Based on the gathered requirements, the Business Analyst creates clear and detailed functional specifications. These specifications outline the desired behavior and features of the reporting systems and serve as a basis for development and testing.
• User Acceptance Testing (UAT): The Business Analyst is involved in UAT, where they work with end-users and stakeholders to validate that the implemented solutions meet the regulatory requirements and are user-friendly. They also facilitate issue resolution during the testing phase.
• Collaboration with Product Owners and Development Teams: The Business Analyst collaborates closely with Product Owners and development teams to ensure a shared understanding of the regulatory reporting requirements. They clarify requirements, address questions, and assist in prioritization.
• Risk and Impact Assessment: The Business Analyst assesses the risks associated with the transformation process, such as data integrity issues, system integration challenges, and potential regulatory compliance risks. They work to mitigate these risks throughout the project.
• Communication: Effective communication is essential for a Business Analyst. They act as a bridge between technical teams, business stakeholders, and regulatory experts. They must ensure that everyone involved has a clear understanding of the reporting requirements and project progress.
• Training and Support: The Business Analyst may be involved in creating training materials and providing support to end-users during the rollout of the new reporting system. They assist users in understanding the changes and using the system effectively.
• Continuous Improvement: Post-implementation, the Business Analyst gathers feedback and conducts post-implementation reviews to identify areas for improvement. They collaborate with stakeholders to enhance the reporting processes further.
• Data Mapping and Analysis: OTC derivatives regulatory reporting often involves complex data mappings and transformations. The Business Analyst must work with data experts to analyze data sources, identify data gaps, and map data elements to the required reporting formats.

Regulatory & Business Conduct

• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Our Ideal Candidate

• 7+ years of relevant experience preferably in OTC Derivatives Regulatory Reporting domain
• In-depth understanding of OTC Derivatives Regulatory Reporting requirements in APAC jurisdictions such as MAS, ASIC & HKMA
• Understanding of OTC Derivatives products and financial markets
• Data management - Ability to manage and understand complex financial data including transactional data, counterparty static, and product data. Good understanding of data lineage, data quality and governance.
• Stakeholder management - Ability to work effectively with various stakeholders such as COO, technology, compliance, and business users etc.
• Agile Methodology - Proficiency in Agile development methodologies and experience working in Agile environments. Critical to have good understanding of product backlog management, user stories, sprint planning.
• Proficiency with applicable project management and/or business analysis tools and technology
• Communication - Strong verbal and written communication skills to articulate requirements clearly to both technical and non-technical team members and stakeholders
• Bachelor\'s degree (or equivalent) in related discipline

Role Specific Technical Competencies

• OTC Derivatives Regulatory Reporting requirements in APAC jurisdictions such as MAS, ASIC & HKMA
• OTC Derivatives products and financial markets
• Data management
• Stakeholder management
• Agile Methodology
• Problem solving - Being able to identify challenges and roadblocks, find creative solutions to address them.
• Risk management - Awareness of potential risks in regulatory reporting and ensuring compliance with regulatory requirements.
• Industry trends - Keeping track of industry trends, best practices regarding OTC regulatory reporting.
• Testing and quality assurance - Understanding the importance of testing and quality assurance in the development process
• Project management - Basic project management skills to keep project on track and delivered within timelines.

About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers

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