Job Description

Job Summary:

The bank is aiming at modernizing our Core Banking capabilities through the implementation of scalable straight-through-processing and providing front- to back-office support for the full range of traditional banking and wealth management financial products. This program is also a critical component of the bank\xe2\x80\x99s target architecture to facilitate the deployment of a flexible range of real-time, multi-channel, next generation banking services for our customers that integrate seamlessly with both back office data and self-service channels to provide a consistent and reliable customer experience.

As part of the Technology team, the Business Analyst is responsible for understanding business requirements, translate them into business specifications, and provide advice on how to design, configure and customize the software to meet the business requirements. For this particular role, the business engineer will be the Subject Matter Expert for implementation of functional requirements into our Core Banking System (Temenos T24).

The Business analyst role requires both strategy definition and hands-on delivery, working with business users, subject matter experts, analysts and project managers to propose new solutions and estimation to ensure that expected project benefits are successfully delivered.

In addition to Business analyst role, the person will be responsible for preparation of Test Plan and Scenarios, test execution at times across multiple projects.

Roles and Responsibilities:

• Proactively collaborate and communicate with both business users and IT personnel on the requirements, analyze and deliver the functional requirements and/or other deliverables within SDLC methodology framework.
• Work with project manager as well as other internal IT departments and vendor to design the optimal solutions, ensure requirements are transformed into effective solutions, within cost and schedules and quality adhering to the bank\xe2\x80\x99s standards, guidelines and policies
• Work closely with Project Manager to plan for and track functional activities and deliverables of the project implementation, including requirements, specifications and test design and execution.
• Work closely with business and Test Manager/ Lead to establish agile and representative test cases that reflect business use cases of the target system
• Involve in high level technical design/implementation discussions and contribute from business perspective
• Participate in business analysis phase in Solution and Execution phase of project roll-out
• Provide support to project teams to ensure that any tactical solutions are lean and will be able to be replaced with the preferred strategic architecture / chosen architectures in future upgrades
• Prepare and deliver selective analysis presentations to aid decision-making by governance forums and facilitate sessions when required
• Facilitate and participate in quality peer reviews of requirement artifacts to ensure requirements are complete, consistent, comprehensible, feasible, and conform to standards.
• Create process models, specifications, diagrams, and charts to provide direction to solution designers and developers and/or the project team.
• Other similar support activities as required
• Understand the testing effort by analyzing the requirements of project.
• Creating, maintaining, and executing test plans, test cases and requirement traceability matrix against the requirements for our software platforms.
• Work with users, project managers, development and business analyst teams to ensure efficiency of system integration test cycles and propose improvements required if defects are found
• Ensure content and structure of all Testing documents / artifacts is documented and maintained as per standards defined by the organization.
• Track and prepare the report of testing activities like test testing results, test case coverage, required resources, defects discovered and their status, performance baselines etc.
• Report test outcomes by collecting, analyzing, interpreting, summarizing, and displaying data; recommend software changes when required.

• Preferably degree-educated in Technology or Business disciplines.
• At least 8 years of T24 experience, including a proven experience (minimum 5 years) in business analysis, consultancy and/or project management, solution and delivery experience within Private Banking or Wealth Management.
• Familiar with Private Banking products, financial instruments, and Temenos T24 including previous implementation of Securities, Corporate actions, Treasury and Derivatives products. Know-how on Finance related functionalities is a must.
• Proven track record in business analysis and in understanding business needs and to translate them into functional specifications
• Strong personal aptitudes, reliable, flexible, adaptable and able to propose \xe2\x80\x9cout of the box\xe2\x80\x9d solutions to stakeholders
• Excellent communication skills, ability to manage communication with business and technology stakeholders.
• Demonstrated initiative and commitment to ongoing process improvement.
• Excellent verbal and written communication skills. Strong trouble-shooting and problem-solving skills and ability to adapt to changing priorities.

OCBC Bank