Business Analyst (Trade Finance)

Business Analyst

Responsibilities:

1. Requirement Gathering & Analysis

. Process Mapping: Map the As-Is workflow of bank guarantee issuance (from client request to SWIFT transmission) and design the To-Be optimized digital workflow.

. Stakeholder Management: Conduct workshops with Trade Finance Operations, Risk Management, and Legal teams to gather detailed functional requirements.

. Gap Analysis: Identify gaps between the current system capabilities and the business needs (e.g., inability to handle complex counter-guarantees).

2. Functional Design & Specification

. BRD/FRD Creation: Write detailed Business Requirement Documents (BRD) and Functional Requirement Documents (FRD).

. Workflow Logic: Define the logic for automated approvals, credit limit checks, and expiry notifications.

. SWIFT Integration: Define requirements for SWIFT MT760 (Issuance), MT767(Amendment), and MT768 (Claim) messaging standards.

. Template Management: Design standardized digital templates for various guarantee types (Bid Bonds, Performance Bonds, Advance Payment Guarantees).

. Overall tracking and overseeing the solution delivery including the traceability of the solutions, working with the scrum master in the sprints daily to facilitate and monitor the project delivery execution.

. Participate to project committees to communicate project delivery, risk management and record decisions and validation for implementation.

3. Testing & Quality Assurance

. UAT Coordination: Lead the User Acceptance Testing (UAT) phase, creating test scripts and scenarios that cover happy paths and edge cases (e.g., partial releases, overdue extensions).

. Bug Tracking: Document system defects and work with developers to prioritize fixes based on business impact.

. Data Migration: Oversee the mapping and migration of legacy guarantee data to new systems, ensuring no loss of expiry dates or liability amounts.

. Work with users on the test plan and responsible for end-to-end testing strategy and execution -To develop SIT/UAT/NRT scope and approach. To guide testing team in writing test scenarios/cases and review to get signoff from stakeholders. To rationalize test cases when needed to match with available team bandwidth and target timeline.

. To validate SIT test results produced by testing team to signoff

4. Compliance & Risk Integration

. Regulatory Alignment: Ensure the system enforces ICC rules (URDG 758, UCP 600) and local central bank regulations.

. AML/Sanctions Logic: Work with the Compliance team to integrate automated screening triggers into the BG issuance workflow.

. Takes accountability of Trade Projects and drive the planning, responsible for the delivery from inception to implementation.

. Working closely with Product managers, Operation teams (both middle and back office) and IT(global/regional), business analysts to rationalize the scope and business case for the project proposal. Present the solutions for steering committee approval.

. Managing these approved initiatives, new business TACs/NACs and their interdependencies. Working with the respective IT teams on the daily activities of the projects, and able to influence key stakeholders on decision making.

. Ensure Bank compliance policies and CIB ITO APAC standards/practices are strictly followed

Technical and Behavioral Competencies required

Technical Skills:

. Domain Expertise: Strong understanding of Trade Finance instruments, specifically Bank Guarantees, SBLCs (Standby Letters of Credit), and Bonds.

. Standard Knowledge: Familiarity with ICC URDG 758 and SWIFT messaging.

. BA Toolset: Proficiency in Jira, Confluence, Visio, Lucid chart, or Trello.

. SQL/Data: Basic to intermediate SQL skills for data analysis and verification.

. SDLC Knowledge: Experience working in Agile/Scrum or Waterfall environments.

Soft Skills:

. Translation Ability: The ability to explain a technical limitation to a banker and a banking regulation to a developer.

. Analytical Thinking: Ability to break down a complex financial instrument into a logical step-by-step process.

. Attention to Detail: Since a single wrong word in a guarantee can cause huge financial loss, the BA must be meticulous.

Preferred Experience

. Bachelor's degree in Finance, Economics, Computer Science, or Business Administration.

. CDCS (Certified Documentary Credit Specialist) or CSDG(Certificate in Specialist Demand Guarantees) certification is a massive plus.

. Previous experience implementing Trade Finance software (e.g., Finastra, Temenos, Misys).

If interested, you can click on Apply here or write an e-mail to [Confidential Information] with your updated resume.

NOTE: - Only shortlisted candidates will be contacted back.

Thanks & Regards

Deeksha Agarwal

EA Licence No.91C2918

Personnel Registration No. R26161520