Senior Business Analyst - APAC Cash (Aloka)

The role is in CBIT - Business Analysis and Solutions Team catering to International Cash Management projects. The function is that of a Business analyst with End-to-End project management & coordination working closely with business and operations stakeholders as well as internal development, TCOE, IT security, architecture and other transversal teams.

Responsibilities

Payment Landscape Analysis:

o Conduct in-depth analysis of the Asia Pacific payment landscape, including local payment

methods, regulatory requirements, and market trends.

o Stay updated with emerging payment technologies and industry standards.

Industry Payment Formats:

o Ensure adherence to industry payment formats and protocols specific to the Asia Pacific

region, with a particular focus on ISO 20022, CBPR+, and SWIFT MT/MX formats.

o Collaborate with internal and external stakeholders to implement and maintain compliant

payment systems.

Process Optimization:

o Identify opportunities for process improvement and cost reduction in payment and cash

management operations.

o Develop and implement strategies to streamline payment processes and enhance

operational efficiency.

Compliance and Risk Management:

o Ensure compliance with local and international regulations related to payment and cash

management.

o Conduct risk assessments and develop mitigation strategies to minimize financial and

operational risks.

Cash Management:

o Good understanding of different nature and workings of Cash Management products

Stakeholder Management:

o Build and maintain strong relationships with key stakeholders, including banks, financial

institutions, and regulatory bodies.

o Collaborate with cross-functional teams to align payment and cash management strategies with overall business objectives.

o Work closely with project manager to adhere to project plans, timelines and deliverables keeping within the allocated budget

Reporting and Analytics:

o Prepare comprehensive reports on payment and cash management performance.

o Utilize data analytics tools to provide insights and support decision-making processes.

Testing and Quality Assurance:

o Define test strategies and set up test plans for payment and cash management systems.

o Develop and execute test scripts according to the test plans.

o Monitor and manage testing cycles to ensure quality and compliance.

o Document and report testing results and recommendations for improvement.

• Partner with stakeholders across business units (ex: product, Ops, APS, Development, Testing) to develop analyses and documentation in a collaborative way, communicating effectively and efficiently with production, managerial, and executive teams
• Evaluate, analyze, and communicate systems requirements on a continuing basis, and maintain systems processes, including the delivery of monthly status reports to all appropriate parties
• Author and update internal and external documentation, and formally initiate and deliver requirements and documentation
• Conduct daily systems analytics to maximize effectiveness and troubleshoot problems
• Develop meaningful and lasting relationships with partners for optimized systems integration, and respond to questions and concerns from managers and executives with supporting research and recommendations
• Service-oriented attitude and strong commitment to client satisfaction
• Interpersonal skills, ability to consolidate action plans and report progress status
• Team player demonstrating self-initiative when necessary

• Five or more years of experience in analytics and systems development for Cash Management domain
• High proficiency with SQL and database management
• Proven analytical abilities
• Experience in generating process documentation and reports
• Excellent communication skills, with an ability to translate data into actionable insights

• Education: Bachelor's degree in IT or a related field. Advanced degrees are preferred.
• Experience: Minimum of 5-8 years of experience in payment and cash management, with a strong
• focus on the Asia Pacific region. Significant industry experience is highly valued.
• Technical Skills: Proficient in payment systems, financial software, and data analytics tools.
• Strong knowledge of ISO 20022, CBPR+, and SWIFT MT/MX formats.
• Industry Knowledge: Deep understanding of Asia Pacific payment landscape, industry payment
• formats, and regulatory environment.
• Language Skills: Fluency in English is mandatory. Proficiency in one or more Asian languages is a strong advantage.

Soft Skills:

o Excellent analytical, problem-solving, and communication skills.

o Ability to work independently and in a team environment.

o Solution-oriented mindset with a focus on delivering practical and effective solutions.