Business Analyst
3 weeks ago
WSN is seeking a Business Analyst to place with our client, a major investment bank located in Tampa, FL. No third parties please.
The Business Analyst will be assigned to projects and programmes within client Global Wealth. This role holder will lead the business analysis efforts to execute Risk & Controls changes to adapt to new controls and associated processes and procedures. This will require conducting detailed analysis of Business, Control, and front to back Operating issues; defining corresponding solutions; and working with Front Office, Products, Control Functions, Technology and Operations teams to implement solutions. The role will involve interfacing with key senior stakeholders and internal clients across the organization
The role holder will carry out the following key activities:
• Drive and lead business case & gap analysis across Business, Control, Technology & Operations and front to back Operating processes
• Understand the implications of regulatory change due to new local and cross-border regulations;
• Document and capture the existing operating model and define the future state operating model
• Manage change to the business across multiple cross border jurisdictions
• Manage or support the execution of one or more business work streams
Key Responsibilities:
• Understand and define key implications on the business model as a result of (1) Applicable regulatory changes and (2) changes to Client internal policies to strengthen the overall control environment
• Obtain and document requirements, working with various stakeholders, enablers and control function partners, identifying changes to the current operating model in order to develop the end state target operating model
• Develop individual project artefacts as required, including, contributing to Project Plans, Solution Options Analysis, Current & Target State operating models, Business Requirements Documentation (BRD's) and process flows. Capture and publish meeting minutes/ action points, document relevant collateral, create project milestone artefacts and communicate actions, follow-up, and support milestone, project closure activities.
• Partner with technology to validate test plans and scenarios in the context of any system changes
• Develop process flows and associated procedures with required controls as well as communication plans to support rollout of the change
• Ensure appropriate governance:
o Prepare and present to senior management as required
o Actively identify and manage resolution of key project risks and issues, or escalate accordingly.
Knowledge/Experience:
• Prior experience in Wealth Management or Private Banking
• Business Analysis (collecting & defining requirements) working in delivering mid to large scale implementations working with Front Office and Infrastructure partners
• Successfully implementing regulatory projects in the financial services industry, preferably Wealth Management or Private Banking
• Experience of Wealth or Private Banking products preferred
• Consultancy experience would be an advantage
Skills:
• Excellent interpersonal skills and ability to develop strong working relationships across functional lines
• Professional outlook with the ability to use initiative, manage deadlines, coordinate multiple tasks and work to deadlines and targets
• Accuracy & Attention to detail
• Excellent PowerPoint skills in order to represent salient points succinctly
• Good presentation abilities, especially when presenting to Senior Management
• Fluency in written and spoken English is mandatory
Qualifications:
• Bachelor's/University degree, Master's degree preferred; however, exceptional candidates who do not meet this criteria may be considered provided they have the necessary skills and experience.
Competencies
• Analytical Ability
• Communication Skills
• Attention to Detail
• Initiative
• Problem Solving
• Relationship Building
• Teamwork Skills
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