Functional Business Analyst (Private Banking)

Job Title: Functional Business Analyst (Private Banking)
Experience: 6+ years of relevant banking experience

Requirements Analysis and Elicitation

• Work with private banking specialists to elicit and review business requirements.
• Analyse and document as-is and to-be business and operational processes, and assess the impact of proposed changes.
• Define detailed functional and non-functional requirements from business requirements.
• Identify and manage risks and issues related to requirements and scope creep.
• Understand the existing technology landscape to deliver seamless integration.
• Engage stakeholders to streamline systems and operational processes, and help operational teams establish new procedures.
• Maintain a requirements traceability matrix against the Business Requirements Document (BRD) and Functional Specifications Document (FSD).
• Review and confirm the list of capabilities against the BRD.
• Manage the change process during the analysis phase.
• Review and sign off functional specifications prepared by system analysts.
• Support product incident investigation and resolution.

Team Collaboration

• Hand over functional and non-functional requirements to system analysts and ensure they fully understand them.
• Work under the guidance of senior functional business analysts and solution architects to define the final solution.
• Work with the test manager to translate business requirements into test scenarios.
• Run "train the trainer" sessions on application enhancements.
• Maintain an up-to-date knowledge base on application features and processes.

Testing and Scope Management

• Review test cases with SIT testers and support SIT and UAT.
• Clarify test findings escalated by the test manager, and classify each as a defect or change request.
• Assess impact and estimate effort for project change requests.

Requirements

• 6+ years of relevant banking experience.
• Private banking experience with investment product knowledge (mandatory).
• Knowledge of regulatory changes, especially in sales and advisory processes.
• Strong knowledge of investment products.
• Knowledge of best practices and service excellence in technology and operations management.
• Understanding of technology and operational processes across functions in a bank or financial market.
• Experience scoping and evaluating solutions, including scalability, maintainability, cost, operations, and technology risk, with clear recommendations.
• Excellent stakeholder management and communication skills.
• Strong quantitative, analytical, problem-solving and process design skills.
• Able to turn analysis into actions that meet business objectives.
• Passionate and diligent, able to thrive in ambiguity, and a resourceful team player.

Key Domain and Technical Skills

• Requirements and process analysis: translating private banking needs into clear functional requirements and optimised processes.
• Solution and stakeholder management: bridging business, operations and technology to deliver fit-for-purpose solutions.
• Private banking expertise: deep knowledge of investment products, sales and advisory processes, and regulatory requirements.