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Business Analyst - Job Opportunity at Virtusa

Tanjong Pagar, Singapore
Full-time
Mid-level
Posted: May 24, 2025
On-site
SGD 85,000 - SGD 120,000 per year based on Singapore's competitive financial services market, mid-level experience requirements, and specialized investment banking domain expertise. The combination of FX/Fixed Income knowledge and trade processing experience typically commands premium compensation in Singapore's banking hub.

Benefits

Comprehensive professional and personal development programs that position employees for accelerated career advancement in a rapidly evolving technology landscape
Access to state-of-the-art technologies and cutting-edge projects that enhance marketability and technical expertise
Global team collaboration opportunities across 27,000 professionals worldwide, providing unparalleled networking and knowledge-sharing advantages
Quality of life initiatives that support work-life balance, a critical differentiator in Singapore's competitive talent market
Equal opportunity employment practices that foster inclusive growth and diverse perspectives, enhancing innovation potential

Key Responsibilities

Drive strategic business analysis initiatives for complex financial trading operations, directly impacting multi-million dollar transaction flows and risk management decisions
Lead cross-functional collaboration between front office, middle office, and back office teams to optimize trade processing workflows and enhance operational efficiency
Transform critical business requirements into precise functional and technical specifications that guide enterprise-level system implementations and improvements
Execute comprehensive trade lifecycle management from deal capture through settlement, ensuring regulatory compliance and risk mitigation across global banking operations
Spearhead data quality initiatives and troubleshooting efforts that protect institutional assets and maintain operational integrity in high-stakes financial environments
Manage stakeholder relationships and project deliverables across multiple business units, balancing competing priorities to achieve strategic organizational objectives

Requirements

Education

Bachelors or Masters degree in Computer Science, or related technical discipline from a top tier University or equivalent master degree MBA with specialization in Finance

Experience

About 5 to 8 years experience as Business Analyst with any Investment/ Global Bank in Trade Processing, Risk Management areas

Required Skills

Should understand FX/Fixed Income full front to back workflow (front office, middle office, back office functions) Exposure to full trade processing lifecycle starting viz., deal capture, deal execution, risk management, confirmations, accounting, settlements etc. Familiarity with SDLC and Agile development methodologies Any experience on payments flows, especially cross-border payments is a plus Execution oriented towards business goals and project deadlines so that multiple stakeholder objectives are balanced in delivery of the project Excellent written and verbal communication skills; ability to transform business requirements into precise functional/technical specifications Strong analysis skill ability to create business analysis from scratch, ability to troubleshoot data quality issues
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Sauge AI Market Intelligence

Industry Trends

Digital transformation in investment banking is accelerating post-pandemic, with institutions investing heavily in trade processing automation and real-time risk management systems. Business analysts with deep financial markets knowledge are increasingly crucial for bridging the gap between traditional banking operations and modern technology solutions. Cross-border payments are experiencing revolutionary changes due to blockchain adoption, central bank digital currencies (CBDCs), and new regulatory frameworks like ISO 20022. Professionals with expertise in international payment flows are becoming highly sought after as banks modernize their infrastructure. Regulatory compliance requirements continue to intensify globally, particularly in trade finance and FX operations. Business analysts who can navigate complex regulatory landscapes while implementing efficient operational processes are commanding premium compensation packages. The integration of artificial intelligence and machine learning in trade processing and risk management is creating new opportunities for business analysts who can translate complex AI capabilities into practical business applications within banking environments.

Role Significance

Typically works within a team of 8-12 business analysts and technology professionals, collaborating across multiple departments including trading, risk management, operations, and IT. May lead smaller project teams of 3-5 members for specific initiatives.
Mid-level individual contributor role with significant cross-functional influence and responsibility for critical business processes. The position requires independent decision-making capabilities and serves as a key liaison between business and technology teams in high-stakes financial operations.

Key Projects

Implementation of next-generation trade processing platforms that handle billions in daily transaction volumes Risk management system upgrades to meet evolving regulatory requirements and improve real-time monitoring capabilities Cross-border payment infrastructure modernization projects incorporating new technologies and compliance frameworks Data quality improvement initiatives that enhance operational efficiency and reduce settlement risks Integration projects connecting front office trading systems with back office processing platforms

Success Factors

Deep understanding of financial markets microstructure and trade lifecycle management is essential for credibility with trading desk professionals and risk managers. This knowledge enables effective requirement gathering and solution design that meets the complex needs of investment banking operations. Strong stakeholder management skills are critical given the need to balance competing priorities across front office revenue generators, middle office risk managers, and back office operations teams. Success requires diplomatic negotiation and clear communication of trade-offs and timelines. Technical acumen in both legacy banking systems and modern development methodologies is necessary to bridge the gap between established financial infrastructure and innovative technology solutions. This hybrid skill set is rare and highly valued in the market. Attention to detail and process orientation are paramount in trade processing environments where errors can result in significant financial losses, regulatory violations, and reputational damage. The ability to design robust controls and quality assurance processes is essential.

Market Demand

High demand driven by Singapore's position as a leading Asian financial center, ongoing digital transformation initiatives across major banks, and the specialized nature of trade processing and risk management expertise required for this role.

Important Skills

Critical Skills

FX and Fixed Income workflow expertise is absolutely essential as it provides the domain knowledge necessary to understand complex trading operations, risk management requirements, and regulatory compliance needs. Without this foundation, it would be impossible to effectively gather requirements, design solutions, or communicate with trading professionals. Trade processing lifecycle knowledge is critical for identifying optimization opportunities, designing efficient workflows, and ensuring proper controls are in place throughout the entire process from deal capture to settlement. This end-to-end perspective is rare and highly valued in the market. Strong analytical and problem-solving capabilities are essential for troubleshooting complex data quality issues, identifying root causes of operational problems, and designing robust solutions that can handle high-volume, high-stakes financial transactions. Communication skills are critical for translating complex business requirements into technical specifications that development teams can implement effectively, while also explaining technical constraints and solutions to business stakeholders in terms they can understand.

Beneficial Skills

Cross-border payments experience provides additional value given the rapid evolution of international payment systems and increasing focus on reducing settlement times and costs across different currencies and regulatory jurisdictions. Agile development methodology familiarity is increasingly important as financial institutions adopt more flexible development approaches to accelerate time-to-market for new trading capabilities and respond more quickly to regulatory changes. Project management skills enhance effectiveness in coordinating complex implementations across multiple teams and departments, making the professional more valuable for leadership roles and large-scale transformation initiatives.

Unique Aspects

Opportunity to work with state-of-the-art financial technology platforms and contribute to digital transformation initiatives at major global banks, providing exposure to industry-leading practices and emerging technologies
Access to Virtusa's global network of 27,000 professionals creates exceptional opportunities for knowledge sharing, career development, and potential international assignments across multiple financial markets
Focus on both FX and Fixed Income markets provides comprehensive exposure to different trading workflows and risk management approaches, enhancing versatility and market value for future career moves
Emphasis on full trade lifecycle expertise from front to back office creates deep operational knowledge that is highly transferable across different financial institutions and geographic markets

Career Growth

Progression to senior roles typically occurs within 2-3 years given the specialized nature of the expertise and strong demand in Singapore's financial services sector. Movement to management positions often achievable within 4-5 years with demonstrated leadership capabilities.

Potential Next Roles

Senior Business Analyst or Lead Business Analyst roles with expanded scope across multiple trading desks and geographic regions Product Manager positions focused on financial technology solutions and trading platform development Project Manager or Program Manager roles leading large-scale technology implementations in investment banking Risk Management Analyst or Risk Technology roles leveraging deep understanding of trading operations and control frameworks

Company Overview

Virtusa

Virtusa is a global technology services company with significant presence in financial services, offering digital transformation and technology consulting services to major banks and financial institutions worldwide. The company has established itself as a trusted partner for complex technology implementations in highly regulated industries.

Mid-tier technology services provider with strong capabilities in financial services domain expertise and a growing presence in the Asia-Pacific region. Competes effectively against larger consulting firms by offering specialized knowledge and flexible engagement models.
Singapore operations serve as a key hub for Virtusa's Asia-Pacific financial services clients, providing access to major regional banks and global institutions with significant Asian operations. The location offers exposure to diverse regulatory environments and market dynamics.
Technology-focused environment emphasizing continuous learning, professional development, and exposure to cutting-edge financial technology solutions. The company culture promotes collaboration and innovation while maintaining the discipline required for financial services client engagements.
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