Demo

Senior Business Analyst

POSTED ON 4/26/2025 AVAILABLE BEFORE 6/7/2025
Luxoft Singapore, Full Time
Project description
Our client is the corporate and investment banking arm of The Group, world's 12th largest bank by total assets.
We work daily with international branches located in 30 markets by:
  • Envisioning and preparing the Bank's futures information systems
  • Partnering and supporting core banking flagships and transverse areas in their large scale development projects.
  • Providing premium In-house Banking applications,
This unique positioning empowers us to bring our core banking business a sustainable competitive advantage on the market.
We seek innovative and agile people sharing our mindset to support ambitious and forthcoming technological challenges.

The MRD (Market Risk & Delivery) Section is part of the CMI (Capital Markets IT) Department and is responsible for development and maintenance of Market Risk applications used by worldwide users as well as the implementation of regulatory and investment projects.

MASAI is an ambitious project critical to the Bank’s strategic pivot towards data-centric operations. MASAI was initially created to satisfy regulatory requirements set out by the Basel Committee as part of their FRTB capital rules, but quickly became the central focus in the Bank’s push towards a more data-centric approach. It is based on Big Data technology, which allows horizontally-scalable management of data at and beyond the petabyte scale. Multiple functional applications leverage the data it makes available, including the FRTB SA process but also the official validated P&L process (economic and explain), Value at Risk calculations, etc.
Responsibilities

Responsible for the functional knowledge:

Liaise with IT business lines contacts for clarification and understanding of requirements.

Analyze functional impacts considering technical constraints with technical lead’s help

Prepare and present functional aspects of changes/evolutions to developers

Draft detailed functional specifications/users stories for developers, in line with general specifications or list of requirements provided by project manager / Business Analysts

Support the technical development team in any functional aspects.

Organize and keep up to date detailed functional documentation

Responsible for the functional testing of development

Develop tests strategy in coordination with project manager / Business Analysts

Conduct continuous testing in development environment for development monitoring

Write functional unit test cases and functional test cases for system verification

Follow the user acceptance test and coordinate the prioritization with project manager

Involved in support of application for functional incident

2nd level support work on request escalated from level 1

Reproduce, make first analysis and investigate verifying codification and data

Analyze and/or solve functional problems in coordination with developers

Skills

Must have

12 years as a Business Analyst in Investment Bank organization within Market Risk department

Technical experience to be comfortable with data models and SQL

Hands-on experience as liaison function between the onshore IT business lines and offshore technical teams and as primary functional support for development team

Thorough experience in functional testing and validation of development

Market Risk knowledge (Pnl explanation, VaR and Stress VaR analysis is a must)

General banking and finance understanding and knowledge

Market data (Volatilities, Curves,…), Sensitivities

Ability to convey clearly and concisely ideas in a concrete and coherent way.

Ability to easily communicate with multi-cultural team members

Project cycle methodology

Strong technical skills in tests methodology

Strong organizational skills

Strong ability to analyze and summarize

Self-sufficient and pro-active in sourcing information

Strong sense of confidentiality

Nice to have

Product Control knowledge (Pnl calculation and explanation, …)

Financial products (Treasury, FX, Credit, IRD…)

Usage of MS Office, MS Sharepoint, MS Project, MS Visio

Understanding of UML

Technical: Business object, data warehouse, BI

Regulatory knowledge (including Basel III, Basel II, Basel I, SIMM, FRTB, CVA, …)

Other

Languages

English: C1 Advanced

Seniority

Senior


Singapore, Singapore

Req. VR-113304

Business Analysis

BCM Industry

07/04/2025

Req. VR-113304

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