Role : Business Analyst
Location : Singapore
Duration : Long term renewable contract
Job Scope
- Work with the bank's technical team to design and implement virtual accounts solutions that meet corporate clients' needs.
- Customize virtual account services (like automating cash management and fund transfers) to suit specific client requirements.
- Regularly monitor virtual accounts and generate reports to track transactions, balances, and performance.
- Ensure that virtual accounts integrate seamlessly with corporate clients' ERP systems, treasury management systems, or payment gateways.
- Assist in creating sub-account solutions that allow clients to better manage their funds, such as separating funds for different departments or projects.
- Analyze transactions across sub-accounts to provide clients with insights into their financial activities, trends, and forecasts.
- Help clients segregate funds for specific uses, whether for accounting purposes, fund pooling, or for facilitating payments in different business units.
- Engage with corporate clients to understand their needs for virtual or sub-accounts, documenting the requirements and translating them into functional specifications for the tech team.
- Write detailed use cases for banking products or solutions related to virtual and sub-accounts, ensuring that they meet client expectations and legal/compliance standards.
- Ensure that virtual and sub-account solutions comply with relevant banking regulations, internal policies, and industry standards (e.g., KYC, AML).
- Conduct risk assessments related to the use of virtual and sub-accounts and propose mitigating strategies, such as fraud prevention protocols
Required Skills
- Strong core banking knowledge into Corporate Payments and technical enough to understand the end to end system flow.
- A strong understanding of corporate banking solutions like cash management, trade finance, payment solutions, and treasury services.
- Solid understanding of financial operations, cash flow management, and financial regulations.
- Ability to identify pain points and propose solutions for both clients and internal banking systems.
- Strong interpersonal and communication skills to liaise effectively with clients, teams, and managemen
Job Type: Contract
Contract length: 12 months
Pay: $8,000.00 - $10,000.00 per month
Benefits:
- Health insurance
Schedule:
- Day shift
Experience:
- Corporate Payments: 4 years (Required)
- user stories: 5 years (Required)