Business/Functional Analyst (Cash and Money Transfer), Bank, Brussels

BACKGROUND: My client, a large bank in Brussels, is seeking a Business/Functional Analyst to join the Application Development team (securities settlement, treasury management, T2S, credit assessment and monitoring, liquidity management, Cash and Money Transfer, banking etc).

You will interface between end-users and IT professionals in order to develop the requirements of mission critical business services and IT applications, to test them and to participate in their implementation.

TASKS:

To produce detailed business requirements (DBR):
- understand the expectations and needs of the business (internal and external users);
- analyze the impact and the risks of a new service development on the current business/system and be able to make the business aware of their own interests and the implications of their decision or request;
- identify, describe and validate business solutions to meet clients and end users requirements;
- pay attention to having the right trade-off between quality, cost and timeliness;
- to facilitate communication between the business and the implementers of the solution (IT) during the project delivery phase;

To be involved in the testing of the designed solution:
- define the scope of the testing;
- develop business test scenarios and review test cases prepared by testers;
- participate to the test execution handled by testers to ensure that requirements have been correctly implemented;
- provide support to the end-users (within the bank) during the User Acceptance Test (UAT).

ESSENTIAL SKILLS:

Minimum 5-years experience in the financial sector as a business/functional analyst;

Knowledge of Cash and Money Transfer business, banking, Back Office functions:

- Processing of money transfer instructions: input, validation, repair, positioning/booking (via the positioning/booking engine), release to cash correspondent when applicable, recycling and reporting generation for both internal and external Clients.
- Credit, Banking, Liquidity Management, Treasury knowledge is a plus;
- Swift Cash Reporting: MT 9xx and MT2xx messages knowledge.

NICE TO HAVE SKILLS/KNOWLEDGE:

- experience in Scrum/Agile methodology
- experience in User Interface Design

Previous experience in investment banking, asset management, stock exchange or an ICSD (International Centralised Securities Depositary or similar, eg. Crest, Euroclear, Clearstream, LCH Clearnet, SWIFT, etc) will be a big plus!