Title:  Business Analysis Specialist s

Purpose 

The incumbent, under general direction, is responsible for the resolution of complex business problems for the assigned Lines of Business. This includes managing multiple small projects, participating in and/or managing specific sections of large projects, and providing ongoing support to all assigned units worldwide. Formulates and defines systems scope and objectives based on both user needs and a good understanding of applicable business systems and industry requirements for the assigned Lines of Business. Devises or modifies procedures to solve complex. Includes analyzing business and user needs, documenting requirements and translating them into proper systems requirement specifications.  

Accountabilities  

1.    Independently resolve complex, multi-faceted problems to meet the business needs of the assigned Lines of Business, by applying their financial and technological knowledge to the design of methodologies, models, and/or systems solutions.  This may involve rapid prototyping, with requirements and solutions developed on an iterative basis that provides interim deliverables until a final production solution is created.  This includes conducting research and analysis, accurately and clearly defining user requirements and processes, and liaising with the users. 

2.    Manage multiple small projects and/or lead specific sections of large projects to implement solutions to business problems.  This involves planning and scheduling resources, developing detailed project plans, monitoring progress against planned objectives, financial review, and securing consensus and co-operation from users and senior management.

3.    Participate in the systems implementation process by defining business requirements and processes, developing test strategies and test cases, performing testing, defining user procedures and workflows, developing conversion and implementation strategies, verifying conversion, providing user documentation, providing user training, and providing post-implementation support.

4.    Provide business support to all units Globally, including new and existing product and deal structuring, ad hoc queries and MIS, user training, and assisting with the design and implementation of systems enhancements.  This is made more challenging due to differences in time zones and the variation in the business lines. The incumbent is responsible for ensuring that management is kept informed and that problems and issues are escalated appropriately.

5.    Continually acquire and enhance knowledge of the Division's business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing technology to be able to provide effective business solutions and services to the end user business lines.

• Product responsibility over the decision engines  which is key step in the bank client onboarding Solutions for all IB countries in its ability to offer products to the clients. 

• Product Engineering Specialist will handle projects from 200K to 1 M in which his/her contribution is key to succeed. 

• The incumbent must be proficient in English both written and spoken.
• The incumbent must have advanced knowledge of financial instruments, including market conventions and valuation methods, risk management methodologies and models including best practices, current and anticipated regulatory requirements, Back Office processes and the end-to-end workflows among the Front, Middle and Back Offices within at   least one financial market area (e.g. foreign exchange, interest rate derivatives) and a very good knowledge of at least one other financial market area.
• The incumbent must have advanced knowledge of debit and credit cards including knowledge of Visa, MasterCard and AMEX.
• The incumbent must be a creative, self starting, results oriented and highly motivated individual with very good analytical skills in order to apply this knowledge to independently resolve complex business problems.
• The incumbent must have proven interpersonal, communication and negotiation skills in order to build consensus and obtain cooperation from both users and senior management.  These skills, along with the incumbent’s good time management and organizational skills, will allow the incumbent to effectively manage small projects while planning and scheduling resources within those projects to optimize productivity.
• The incumbent must also possess a very good understanding of current IT practices, systems development techniques, including requirements specification and testing methodologies, real time analytical and formal modelling tools and keep current with rapidly changing technology.
• A recognized under-graduate degree in business, economics, mathematics or a related discipline, along with 4 to 6 years of practical experience is required.

Working Conditions 

• The position requires concentrated use of sight and touch at a computer terminal on average 2- 3 hours/day. The incumbent must work under tight deadlines, conflicting priorities and changing project requirements.  The incumbent must be able to react quickly to resolve problems and work overtime on occasion to meet deadlines and to implement systems with minimal impact to the end users.  The incumbent could be required to travel a couple of times a year to remote locations to support our offices in New York, London and Singapore.