Functional Analyst

Intellect Design Arena Ltd is a global leader in Financial Technology for Banking, Insurance and other

Financial Services. A uniquely focused Products business, the $136 million Intellect Design Arena, is a

specialist in applying true Digital Technologies and designing advanced technology products for global

financial platforms. Across global consumer banking (iGCB), Central Banking, Risk, Treasury & Markets

(iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC), Intellect provides full

spectrum, fully integrated products that run in over 200 financial institutions, across 30 countries.

Role Summary : Business Analyst will work with Bank’s business users & operations team to help

translate business requirements to functional specifications. This functional

specification would be used by the Intellect’s Product implementation team to

deliver code deliverables to Intellect’s largest customer in Canada. The

Experience, Responsibility and Required Skills are :

Responsibilities : Review and understanding the business requirements from Banks Business &

Operations users and covert these into functional specification document

Support for the finalization of non-functional requirements and interface

requirements

End-to-end Solution delivery

Provide support during various phases of testing – both Intellect & Bank’s

Demonstrate the product to bank business users and internal teams.

Liaise with quality assurance team for test planning, test data identification

and test scenario and cases review

Provide functional downloads to internal Dev, Testing & QA teams ahead of

design, development and Testing phases

Provide Bank’s business & operations with Product training

Responsible for post production defect triage and query resolution

Create product presentation decks for sales and marketing teams

Keep senior leadership abreast of strategies, deliverables, risks and issues as

they arise

Required Skills : Experience on processing, clearing and settlement of domestic / international

wires, electronic funds transfers, direct debits

In-depth end-to-end processing knowledge of at least 2 of the following

areas

1. Cheque & Cash Collections

2. Electronic Collections

3. Supply Chain Finance

4. Trade Finance

5. Liquidity Management (sweeps, pooling) (Preferred)

6. Channel banking (internet, mobile, API, Host-to-Host) (Must have)

Gathering functional requirements including preparation of functional

specification documents (FSD / FRD), user stories and requirement traceability

Change / defect management experience which includes root-cause analysis,

proposed solution and related documentation

Excellent analytical, communication and documentation skills.

Substantial client interaction and direct participation in client requirement

gathering, elicitation and functional solution design.

Ability to engage with various internal / external stake holders such as IT

business analysts, product managers, operations and testing.

Proficient in creation of flowcharts / UML diagrams

Exposure to core banking, basic knowledge of RDBMS (SQL queries) is

preferred

Sound knowledge of international standards like SWIFT and ISO20022 is

preferred