Functional Business Analyst

Experience: 6+ Years
Role: Functional Business Analyst

Responsibilities:

1. Business Analysis & Requirements Management

. Lead requirements elicitation workshops with Product Owners, Business Stakeholders, Operations, Compliance, Risk, and Technology teams.

. Analyse, document, and validate business, functional, and non-functional requirements for Stablecoin and Digital Asset initiatives.

. Produce BRDs, Functional Specifications, User Stories, Use Cases, Process Flows, and Acceptance Criteria.

. Perform gap analysis between current-state (As-Is) and future-state (To-Be) processes.

. Manage requirement traceability throughout the SDLC lifecycle.

. Identify and manage requirement risks, dependencies, assumptions, and scope changes.

2. Stablecoin & Digital Asset Domain Analysis

. Define and document end-to-end stablecoin journeys including:

. Pay / Transfer

. Receive / Collection

. Fiat ↔ Stablecoin Conversion

. Wallet Management

. Wallet Payee Management

. Onboarding / Offboarding

. Reconciliation & Reporting

. Analyse impacts to digital channels including internet banking, APIs, Host-to-Host (H2H), and mobile platforms.

. Document business rules for wallet operations, transaction lifecycle, settlement, limits, fees, and exception handling.

. Support future digital asset initiatives including tokenised deposits, CBDC, and programmable settlement capabilities.

3. Corporate Channel & Entitlement Framework

. Define and maintain corporate channel entitlement models covering:

. User Roles

. RBAC Frameworks

. Maker-Checker Approvals

. Transaction Limits

. Authorization Matrix

. Wallet and Account Entitlements

. Ensure stablecoin services are integrated into existing corporate banking security and approval frameworks.

. Work closely with channel teams to define onboarding, subscription packages, and access controls.

4. Regulatory, Compliance & Risk Requirements

. Collaborate with Compliance, AML, Fraud, and Risk teams to define controls for:

. KYC/CDD

. AML Monitoring

. Sanctions Screening

. Travel Rule Compliance

. Wallet Screening

. Transaction Monitoring

. Audit and Reporting Requirements

. Ensure regulatory obligations are embedded into requirements and solution design.

. Support reviews related to MAS regulations and cross-border digital asset controls.

5. Stakeholder & Delivery Management

. Serve as the bridge between Business, Product, Technology, Architecture, Operations, and Testing teams.

. Facilitate requirement walkthroughs and solution discussions.

. Support Agile ceremonies including grooming, sprint planning, backlog refinement, and UAT readiness.

. Drive issue resolution and requirement clarifications throughout delivery.

6. Testing & Implementation Support

. Translate business requirements into test scenarios and test cases.

. Support SIT, UAT, and Production Validation testing.

. Review defects and determine whether issues are defects, change requests, or enhancement opportunities.

. Support implementation, rollout planning, and post-production stabilization

Requirements:

Key Requirements

Experience

. 8-12 years of Functional Business Analysis experience in Banking or Financial Services.

. Minimum 5 years in Transaction Banking, Payments, Cash Management, or Corporate Banking Channels.

. Proven experience delivering large-scale digital transformation initiatives.

Stablecoin / Digital Asset Knowledge

Strong understanding of:

. Stablecoins

. Blockchain Fundamentals

. Wallet Concepts

. Digital Asset Custody

. Tokenised Money

. Tokenised Deposits

. CBDC Ecosystem

. Experience supporting Stablecoin, Blockchain, Digital Asset, or Distributed Ledger Technology (DLT) initiatives.

. Understanding of wallet-to-wallet transfers, digital asset settlement, and on-ramp/off-ramp models.

Corporate Banking Channels

Strong knowledge of:

. Corporate Internet Banking

. Entitlements & RBAC

. Authorization Matrix

. User Administration

. Bulk Payments

. H2H Integrations

. API Banking

. Cash Management

. Payment Domain Knowledge

. Strong understanding of:

. Cross-border Payments

. RTGS

. SWIFT

. ISO 20022

. ACH

. Reconciliation

. Settlement Processes

. Knowledge of digital settlement and programmable payment concepts.

Business Analysis Skills

Expert in:

. BRD / FRD Preparation

. User Stories

. BPMN / Process Modelling

. Requirement Traceability

. Impact Assessment

. Gap Analysis

. Stakeholder Management

. Experience with Agile delivery using JIRA and Confluence.

Preferred / Good-To-Have Skills

. Exposure to SWIFT Digital Ledger initiatives.

. Experience with Stablecoin products such as USDC, tokenised deposits, or institutional digital asset platforms.

. Knowledge of blockchain networks such as Ripple, Ethereum, Hyperledger, or Polygon.

. Understanding of smart contracts and programmable settlement.

. Familiarity with Travel Rule, wallet address validation, and blockchain analytics solutions.

. Experience working with Compliance, Fraud, AML, and Risk teams on digital asset initiatives.

Personal Qualities:

• Articulate well. Clarity in analysing and writing business requirements
• Not an order taker, able to push back complex build needs and offer alternate solutions

• A great team player. Collaborate and communicate well with the other BAs
• Strong analytical and problem-solving skills
• Strong presentation and meeting skills
• Proactive and has initiative to thrive in a fast-paced environment to deliver and meet deadlines

Highly resourceful and self-motivated

Key Domain/ Technical Skills:

(Indicate up to 3 areas)

. Stablecoin / Digital Assets / Tokenised Money

. Corporate Banking Channels & Payments

. Entitlement Frameworks & Access Management