business analyst wealth management

Job Description: Business Analyst – Private Banking

Location: Singapore

Overview

We are seeking an experienced Business Analyst to join our client team in Singapore, supporting the implementation of a cutting-edge banking application for their Private Banking division. This role will serve as a critical link between business stakeholders and technical teams, ensuring the successful delivery of a robust, client-centric solution that aligns with the bank's strategic objectives. The ideal candidate will bring approximately 5 years of Business Analyst experience within the Private Banking domain, with a deep understanding of wealth management processes, regulatory requirements, and application implementation lifecycles.

Key Responsibilities

• Collaborate with Private Banking stakeholders (e.g., relationship managers, compliance officers, and operations teams) to gather, analyze, and document business requirements for the banking application.
• Translate business needs into detailed functional specifications, user stories, and process flows for the development and implementation teams.
• Act as a liaison between business units and IT teams to ensure clear communication and alignment throughout the project lifecycle.
• Conduct gap analysis between current processes/systems and the target state of the banking application, proposing solutions to bridge identified gaps.
• Support end-to-end implementation activities, including system configuration, testing (UAT), and deployment, ensuring the solution meets business and regulatory standards.
• Facilitate workshops, requirement elicitation sessions, and training for end-users to ensure smooth adoption of the new application.
• Ensure compliance with Singapore's financial regulations (e.g., MAS guidelines) and Swiss banking standards as applicable to Private Banking operations.
• Identify opportunities for process optimization and recommend enhancements to improve efficiency, client experience, and operational effectiveness.
• Assist in managing project timelines, risks, and dependencies in collaboration with project managers and technical leads.
• Provide post-implementation support, including troubleshooting, gathering feedback, and coordinating iterative improvements.

Qualifications and Skills

• Experience: Approximately 5 years of experience as a Business Analyst in the Private Banking or Wealth Management domain, preferably within a global banking environment.
• Domain Knowledge: Strong understanding of Private Banking processes, including client onboarding, portfolio management, KYC/AML compliance, investment products, and reporting.
• Technical Skills:
• Proven experience in banking application implementations or system migrations (e.g., core banking platforms, CRM, or wealth management tools).
• Familiarity with Agile and Waterfall methodologies; experience with tools like JIRA, Confluence, or similar.
• Ability to interpret and work with wireframes, data models, and API specifications is a plus.
• Analytical Skills: Exceptional ability to analyze complex business processes, identify pain points, and propose actionable solutions.
• Communication: Excellent verbal and written communication skills, with the ability to engage diverse stakeholders, from senior bankers to technical developers.
• Education: Bachelor's degree in Business Administration, Finance, Information Technology, or a related field. Relevant certifications (e.g., CBAP, CFA, or Agile certifications) are an advantage.
• Regulatory Knowledge: Familiarity with Singapore's Monetary Authority of Singapore (MAS) guidelines and Swiss banking regulations (e.g., FINMA) is highly desirable.
• Languages: Fluency in English is required; proficiency in additional languages (e.g., Mandarin, German, or French) is a plus, given the international client base.
• Personal Attributes: Detail-oriented, proactive, and adaptable, with a strong sense of ownership and the ability to work under tight deadlines in a fast-paced environment.