Business Analyst

4 weeks ago


Singapore We-plus Pte. Ltd. Full time

Role Summary

The Business Analyst will primarily analyse the current state and document operational processes for various functional areas within the middle & back office, covering Trade Management, Cash Operations, Fund Operations, Corporate actions, Reconciliations, Derivative & Collateral and Private Assets Operations. This individual will collaborate with cross-functional teams and stakeholders to gather data, document business processes, develop functional specifications and participate actively in target-state solution exercises.

They must deal with clients independently and have enough expertise to solve complex issues. They will be responsible for mapping and maintaining third-party custodians and counterparty records systematically and communicably.

The ideal candidate should have strong analytical and problem-solving skills and excellent communication and collaboration abilities. They should also have a solid understanding of middle office operations. The Business Analyst must be able to work independently and as part of a team in a fast-paced environment while maintaining a high level of attention to detail.

Main Responsibilities

  • Collaborate with cross-functional teams and stakeholders to gather data and analyze current state workflows related to Trade Management, Cash Operations, Fund Operations, Corporate actions, Reconciliations, Derivative & Collateral and Private Assets Operations.
  • Work with third-party vendors to coordinate due diligence on middle-office operational processes.
  • Identify, document, and manage project risks and issues related to the due diligence process.
  • Develop functional specifications and document business processes for various functional areas.
  • Prepare materials for requirements definition documents, including process flows, use cases, and user stories.
  • Participate actively in DD workshops, including leading discussions for areas where BA has been involved in documentation.
  • Maintain strong relationships with stakeholders and effectively communicate project status, risks, and issues.
  • Continuously improve processes and methodologies for documenting current state operational workflows.
  • Participate actively in the development of test scenarios & validating test results
  • Extract and document data for all portfolios, custodian accounts, and counterparty accounts.
  • Conduct research to identify and verify account information, ensuring accuracy and completeness.
  • Responsible for working with custodians and counterparties to obtain the necessary information promptly and resolve discrepancies as needed.
  • Liaise with internal stakeholders to ensure the quality and relevance of data being received and shared third-party is accurate and current.
  • Organize and maintain documentation, ensuring all relevant data is appropriately recorded and accessible.
  • Identify areas for process improvement and recommend solutions to enhance efficiency and accuracy.
  • Provide regular updates and reports on the status of all activities to management and other stakeholders.

Qualifications & Experience

  • Bachelor's Degree in Finance Accounting or related fields.
  • Between 5-10 years' experience working as lead and/or supporting business analysts.
  • More than 5 years of experience in a similar role, with a focus on data extraction and documentation.
  • Experience & familiarity with all the operational aspects of the middle/back-office operations
  • Strong preference given to those with prior experience in implementation of operational areas using Aladdin and/or implementation of outsourcing of asset management processing projects.
  • Experience in working with test managers on developing operational test scenarios, validation of test results on behalf of operation users.
  • Experience in working and liaising with third-parties e.g custodians, transfer agents, fund accountants, counterparties etc.
  • Strong analytical skills, with the ability to identify and resolve issues quickly and effectively.
  • Excellent attention to detail, with the ability to maintain accurate and organized records.
  • Strong communication skills, both written and verbal.
  • Ability to work independently and as part of a team, with a focus on collaboration and problem-solving.

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