Vice President, Senior Business Analyst, Agmd-ril

1 week ago


Singapore Sumitomo Mitsui Banking Corporation (SMBC) Full time

The incumbent will be responsible for engaging stakeholders and product managers to gather and analyze business requirements across various banking segments. You will translate these requirements into products/services with associated ROI, outline system changes for the IT department or third-party vendors and oversee the delivery. Additionally, you will support initiatives aimed at enhancing business growth, improving operational efficiency, and delivering innovative financial solutions for customers.

**The Role**

A team member in the Asia Growing Markets Department - Research & Innovation Lab (AGMD-RIL), the incumbent will be responsible for engaging stakeholders and product managers to gather and analyze business requirements across various banking segments. You will translate these requirements into products/services with associated ROI, outline system changes for the IT department or third-party vendors and oversee the delivery. Additionally, you will support initiatives aimed at enhancing business growth, improving operational efficiency, and delivering innovative financial solutions for customers.

**Responsibilities**:

- Collaborate with stakeholders in Business Banking, Commercial Banking, Corporate Banking, and Treasury to identify needs and challenges.
- Serve as a liaison to synergize business units and IT teams on requirements, activities and deliveries.
- Elicit, document, and prioritize business requirements through interviews, workshops, and surveys.
- Analyze existing processes and systems to identify gaps and inefficiencies and propose actionable plan and enhancements.
- Translate business requirements into clear specifications and user stories for delivery in Agile or waterfall methodologies.
- Map and document business processes using tools like BPMN, Flowcharts, or Value Stream Mapping.
- Analyze data and financial metrics to perform cost/benefit analyses and calculate return on investment (ROI).
- Ensure compliance of business requirements and solutions with regulatory standards and internal policies.
- Regularly update and engage stakeholders on project status, timelines, risks, and issues.
- Assist in quality assurance and implementation by contributing to test and implementation strategies.

**Job Requirements**
- Bachelor’s degree in IT or equivalent with a minimum 8+ years of working experience in gathering, documenting, and analysing business requirements using various techniques (interviews, workshops, surveys).
- Proficient in mapping and documenting business processes and translating complex business requirements into clear specifications and user stories for Agile or waterfall delivery.
- Possess strong analytical skills to perform cost/benefit analysis and evaluate return on investment (ROI).
- Possess excellent communication skills to liaise effectively between business units and technical teams, ensuring alignment and management of requirements.
- Familiar with regulatory standards and compliance requirements in the banking sector.
- Ability to manage and prioritize large workloads and deliver within tight deadlines.
- Ability to appreciate diverse cultures and facilitate smooth communications between Head Office, Singapore office and entities.



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