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Business Analyst (Payments) - Insurance 12 months contract

  • Location: Singapore
  • Salary: Negotiable per month
  • Job Type:Contract

Posted 13 days ago

  • Sector: Insurance
  • Function: Finance
  • Contact: Enkhtur Maini
  • Duration: 12 months
  • Start Date: asap
  • Expiry Date: 10 March 2024
  • Job Ref: JN -022024-483704

12 months contract

Salary $10,000 per month

Experience in Payments ( FAST, GIRO and PayNow)

6-10 years of experience

You will be part of the Payments product team and execute initiatives in following areas:

  • There are several MAS led initiatives under payment transformation- such as cheque sunset, Electronic Deferred Payment, FAST 2.0 which require timely execution from requirements till implementation.
  • International Payments: Commercialise Global Money with focus to increase FX revenue and execute group led enhancements for better customer proposition.
  • Domestic Payments: Lead migration to digital payments, reduce paper.
  • Fraud mitigation: MAS mandated items to be completed in addition to in-house tuning of fraud control rules.

Principal responsibilities

  • Identify business opportunities and gaps to exploit in order to achieve competitive edge in the retail banking payments and remittances business across both domestic and international payments.
  • Manage current and future payments initiatives and projects.
  • Work closely with local, regional, and global stakeholders to ensure successful deliveries.
  • Own and coordinate regulatory reporting and collateral.
  • Attend industry and regulator meetings when required.
  • Assist in product governance related matters.

Preferred experience

Incumbent should have 6-10 years of industry experience in transaction banking area. Knowledge of payments, is desirable while ability to independently execute a project with minimal supervision will be advantageous.

· Degree holder with some years of relevant experience

· Background in domestic (FAST, GIRO, PayNow) and international payments routing (SWIFT)

· The incumbent must be a strong communicator and who thrives in a dynamic environment with strong stakeholder management skills.

· Must be comfortable working with data and number crunching.

· Experience in data

Argyll Scott Asia is acting as an Employment Business in relation to this vacancy.