SAKSOFT PTE LIMITED Hiring! Full Time Functional Business Analyst in Central Region (Singapore), Earn up to SGD 6,500 - Ricebowl

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