Upskills provides expert financial software consulting to investment banks and leading financial institutions in Asia Pacific, Middle East and Europe. With a strong, Front to Back expertise in the cash and derivatives markets, coupled by an in-depth knowledge of financial markets technologies, we provide smart and efficient solutions.
We are seeking a highly-dedicated Senior Business Analyst who is mainly focusing on regulatory and risk-related technology platforms, specifically Expected Credit Losses (ECL), Funds Transfer Pricing (FTP), and Interest Rate Risk in the Banking Book (IRRBB). The Senior BA will act as the key liaison between Finance/Risk stakeholders and the technology delivery teams, driving the implementation and enhancement of critical risk and finance systems.
The role also needs to manage and work with external technology consultants, as well as service providers in ensuring that the IT business applications are operating efficiently and robustly.
Key Responsibilities:
1. Requirements Analysis & Elicitation:
- Lead complex requirements gathering sessions with Finance, Risk, Treasury, and Regulatory Reporting stakeholders, translating high-level business needs into detailed, unambiguous functional and non-functional specifications (e.g., BRDs, FRDs, User Stories).
- Deeply analyze and document requirements related to the calculation, reporting, and systems for:
- Expected Credit Losses (ECL) / IFRS 9: Focus on data sourcing, staging, model inputs, segmentation, calculation methodologies (PD, LGD, EAD), and reporting outputs.
- Funds Transfer Pricing (FTP): Analyze and specify requirements for curve generation, tenor-based FTP allocation, behavioral modeling, and system integration with balance sheet management platforms.
- Interest Rate Risk in the Banking Book (IRRBB): Define requirements for sensitivity analysis (e.g., Economic Value of Equity - EVE, Net Interest Income - NII), Non-Maturity Deposits (NMD) modeling, and internal/regulatory reporting.
- Perform gap analysis between current state processes/systems and target state requirements, proposing optimal and compliant technology solutions.
2. Solution Design and Delivery:
- Collaborate with Solution Architects and Development teams to design scalable, high-performance technology solutions that meet regulatory and business objectives.
- Translate business logic into detailed data mappings and interface specifications, ensuring data quality and integrity for risk calculations.
- Act as the Subject Matter Expert (SME) for the functional domain throughout the entire Software Development Lifecycle (SDLC), including Agile/Scrum ceremonies (e.g., sprint planning, backlog grooming).
- Support the development team by clarifying requirements, resolving functional queries, and reviewing technical design documents
3.Testing & Scope Management:
- Develop detailed test strategies and review test cases to ensure comprehensive coverage of functional and non-functional requirements.
- Lead and coordinate System Integration Testing (SIT) and User Acceptance Testing (UAT), managing defect resolution and sign-offs from business stakeholders.
- Own the creation of implementation plans, production readiness documentation, and end-user training materials.
4. Stakeholder Management and Governance:
- Proactively manage and communicate with a diverse group of senior-level stakeholders (Risk Managers, Treasury, Business Finance, IT Leadership) to ensure alignment on project scope, timelines, and risks.
- Provide regular project updates, status reports, and presentations, clearly articulating the business value and project health.
Requirements
- Master's or Bachelor's Degree in Business Analytics, Information System, Financial Engineering or similar domain.
- At least 5 years of experience as a Business Analyst, with at least 2 years in a senior role.
- Hands-on exp as System Analyst in Product Control for any trading platform is a strong plus.
- Strong knowledge and functional experience on various asset classes. E.g. FX MM, IRD, EQD
- Expert-level knowledge of at least two of the following core banking/risk domains:
- Expected Credit Losses (ECL) and IFRS 9/CECL principles.
- Funds Transfer Pricing (FTP) methodologies and balance sheet management.
- Interest Rate Risk in the Banking Book (IRRBB) and related regulatory requirements (e.g., Basel).
- Solid experience in gathering and writing requirements and functional specifications.
- Strong quantitative, analytical, problem solving and process design skills that can translate analysis into solutions that meet business objectives.
- Strong understanding of business process reengineering and optimization.
- Understanding of SDLC and Agile/Waterfall methodologies.
- Experienced in developing concise and comprehensive test plans and cases.
- Proactive with the ability to deliver tasks on-time.
- Highly committed and motivated to learn in the Financial Market.
- Strong communication and interpersonal skills, with the ability to present complex information clearly and persuasively to a variety of audiences.
- Familiarity with fin-tech solutions and how they can be applied to solve challenges in the financial sector.
- Strategic forward-thinking approach to challenges with outstanding communications, influencing, negotiating and persuasion skills.
