Business Analyst

Job Description

• Deliver business solutions for the Transaction Banking Financial Institution Clearing and Investigation business
• The Sr Business Analyst is involved in the design or modification of business systems or IT systems as they are related to the installed MTS Payment instances. The Sr Business analyst interacts with the business stakeholders and subject matter experts to understand their problems and needs. The Sr Business analyst gathers, documents, and analyses business needs and requirements
• Responsible for collaborating with all SCB s partners to find alternatives and solutions to business challenges. Seek out systems solutions (either internal to client or external 3rd party solutions) that can be leveraged to meet business requirements. Engage the business client early and effectively, building solid relationships
• Accountable for Identifying, understanding, negotiating and documenting business requirements with various groups. Oversee the documentation of any analysis/requirements in the form of Impact analysis, BRD or Functional Specification Document, ensuring timeliness and completeness.
• Responsible for scheduling and planning of cost estimates and timelines of projects.
• Accountable for managing the delivery of project scope and requirements documents.
• Act as primary liaison with business functions and solution management during the development lifecycle, from needs analysis and functional specification through testing, QA and rollout.
• Consult as a guide for SIT Team and Business users in developing and effective Test Strategy. Assist them when they run into roadblocks. Assist the Development Team in analyzing software defects and reporting them
• Responsible for developing effective User Validation Tests and conduct actual implementation of these plans. Support business users in the initial few weeks of the implementation.
• Accountable for providing proper hand-off and training to Production Support teams
• Responsible for appropriate assistance and support to be given to the Production Support teams for investigation and resolution of production issues.
• Be informed on current/changing business processes, participation in defining application and platform functionality.
• Consulted on extensive experience of working with vendor applications and vendor resources
• Accountable for exceptional communication, problem solving and cross-group collaboration skills.
• Responsible for demonstrating expertise using written & verbal communication skills to make technology projects user friendly and user accessible
• Accountable for excellent analysis and critical thinking skills.
• Work as a team player with testing, project management, business analysis, and tech teams to deliver the business solution or project.
• Engage all interfacing applications early and effectively; coordinate relations with upstream and downstream system development teams
• Ability to negotiate and building consensus when dealing with internal customers, stakeholders and team members. Able to build credible relationships both in immediate team and across multiple customer groups.
• Coordinate project requirements with upstream/downstream system stakeholders. Provide hands on training to the business users and other stakeholders.
• Ensure that all documentation is delivered in line with SCB standards and the documentations and planning comply with Bank s Data Quality Management standards and FCC guidelines

People and Talent

• A very good knowledge in clearing channels (FED, CHIPS, NACHA, SWIFT, SEPA, Target, CHAPS, UK Faster Payments, BACS, BOJnet, UK clearing, CHAPS connection protocols as well as message formatting
• Deep knowledge of system interfacing and integration and technical processes for wire transfer, inputs and outputs
• Hold sound understanding of IT technology concepts and software architectures, MS products, development tools, etc. This person does not need to have deep technical knowledge, but good technical understanding will facilitate the resolution of many issues.
• Thorough understanding of project management principles and processes
• Extensive product and program management experience with techniques such as use case analysis, data / process flow diagramming, process mapping and requirements documentation is highly desirable.
• Strong knowledge of payment system functionality (ideally the ACI Worldwide MTS system), particularly as they relate to FI & Correspondent Banking.
• Subject matter expertise in MTS instances (US/DE/JP/UK) and internal/external interfaces
• Business expert for MTS. Thorough knowledge of core application and peripheral systems
• Good knowledge of RGW & ACE pelican systems. Ability to run RGW reports and good understanding of ACE Business Rules
• Good knowledge of MTS interactive and batch outputs. Knowledge of IFML and how it interacts with Sanction Screening system. Good understanding of MTS interfaces techniques to send feed files to Bank s internal applications like POSTING system, Pricing and Billing System, Inquiry Portal, Trade .
• Fluency in JIRA and confluence
• Knowledge of FX processing.
• Understanding of MTS accounting interface formats, MPA and MFE.
• UNIX Command Level knowledge as it relates to MTS functions is highly desirable.
• Familiarity of new Development Strategies and trends like AGILE framework. Scrum methodologies etc. and ability to plan for change which defines Bank s future policies.
• Understanding of SQL and data driven tools like Tableau, Jasper would be an added advantage.

Our Ideal Candidate

• Domain Banking
• Specialisation Payments/Collections/Messaging
• Tools: JIRA , DB IDE

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Keyskills :
business requirementsuse caseprocess flowdocumentationcustomer relationsfunctionaluse case analysissubject matter expertsrequirements