Job Description & Requirements
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 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.
3. Testing & Quality Assurance
· UAT Coordination: Lead the User Acceptance Testing (UAT) phase, creating test scripts and scenarios.
· 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.
Technical and Behavioral Competencies required
Technical Skills:
· Demonstrated Experience in Trade Finance instruments, specifically Bank Guarantees, SBLCs (Standby Letters of Credit), and Bonds.
· Familiarity with ICC URDG 758 and SWIFT messaging.
· Proficiency in Jira, Confluence, Visio, Lucid chart, or Trello.
· Basic to intermediate SQL skills for data analysis and verification.
· Experience working in Agile/Scrum or Waterfall environments.
If interested, you can click on “Apply here” or write an e-mail to deeksha.agarwal@adecco.com with your updated resume.
NOTE: - Only shortlisted candidates will be contacted back.
Thanks & Regards
Deeksha Agarwal
EA Licence No.91C2918
Personnel Registration No. R26161520