GENERAL DESCRIPTION
This role is for an IT Business Engineer Lead – Core Banking. The role involves gathering / analysing business processes, designing system enhancements and functional solution collaborating with IT and business stakeholders to ensure the seamless integration and optimisation of core banking system with interacting applications.
The T24 Business Analyst – Structured Products will be responsible for end‑to‑end business analysis and functional solution design for Structured Products within Temenos Transact (T24), primarily in Private Banking / Wealth Management environments.
The role requires deep domain knowledge of derivatives and structured instruments, strong understanding of T24 Securities and Accounting, and the ability to translate complex product structures into T24‑compliant functional designs.
The role is also responsible to define the business functions related to End-of-Day, End-of-Month, End-of-Quarter, End-of-Year Processing on the Structured Products (ST) KEY FEATURES OF THE POSITION
Lead requirement gathering and analysis for Structured Products (notes, linked deposits, OTC derivatives) in Private Banking.
Translate business requirements into BSDD / FSD / TSD / user stories aligned with Temenos implementation methodology.
Define product lifecycle flows including:
Trade booking
Pricing
Payoff calculation
Corporate actions
Coupon events
Maturity / early redemption
Work closely with business stakeholders, front office, operations, risk, and finance teams
SKILLS REQUIREMENTS OF THE POSITION Professional and Technical
Minimum 5 years of IT business analysis, system engineering & support, focussed on Core Banking with Private Banking domain
Configure and support T24 modules relevant to Structured Products, including:
Securities
Derivatives
Corporate Actions
Accounting & Reporting
Fees & Taxes
Define functional behavior for:
Event‑based postings
Accounting rules
Cash and position management
Support T24 integration touchpoints with upstream and downstream systems (channels, reporting, market data feeds).
Experienced in driving PLWs and able to advise new processes for new applications, preferably with Implementation experience.
Working experience of SDLC and Agile methodologies like SCRUM and KANBAN.
Personal and Social
Strong analytical and problem-solving skills to challenge business/technical requirements to build good and scalable solutions.
Good written and verbal communication skills including technical writing skills.
Self-driven, highly motivated, hardworking, and agile enough to work both independently and as a team player.
Should have high standards for services delivered to business and should have an eye for details.
Ability to work under pressure and manage multiple, concurrent priorities with business and IT stakeholders
Regulatory Responsibilities &/OR Risk Management
Demonstrate appropriate values and behaviours including but not limited to standards on honesty, integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations.
Ensure appropriate ethical and compliant behaviour within the function by clear demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations
Domain & Functional Skills
5 – 15+ years of experience as a T24 Business Analyst / Functional Consultant.
Strong domain knowledge in:
Structured Products
Derivatives (OTC, notes, linked products)
Corporate Actions
Private Banking / Wealth Management
Strong understanding of financial accounting for complex instruments.
Temenos T24 Expertise
Hands‑on experience with Temenos Transact (T24) in Private Banking.
Strong knowledge of:
Securities & Derivatives modules
Accounting and reporting flows
COB/EOD/EOM behavior (Must Have)
Experience working on T24 upgrades, enhancements, or migrations