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., Finas…