Fotc Business Analyst

Job description

Role Title: Fotc Business Analyst
Business: Finance
New or Existing Role- New
Grade: GCB6

Role Purpose
· Finance has mobilised the first phase of a five-year programme to transform the Finance operating model by leveraging cloud technology. Finance Cloud Transformation will rationalise operational processes, automate data and report production, to deliver comprehensive data to our internal and external stakeholders for analysis and reporting. The programme will entail migration of core Finance data and processes to the cloud, with an initial phase to implement a standard global operating process for Finance actuals report production, followed closely by forecast data and report production.
· The Finance on the Cloud Business Analyst contributes to Global Finance, supporting change design and delivery. The role holder will support more experienced business analysts to undertake quantitative and qualitative analysis in order to elicit clear requirements from the business and translate these effectively throughout the project lifecycle. The scope of the role will also include data transfer approvals and material outsourcing approvals for the data, reporting and sites in scope of the Finance Cloud Programme. The Finance on the Cloud Business Analyst will work closely with other team members and will support interaction with stakeholders from Finance, HOST, Risk, Regulatory Compliance, Legal and the business.
· The Finance on the Cloud Business Analyst will:
· Apply some experience of approaches, tools and techniques for gathering, clarifying and managing business, data and regulatory requirements.
· Support colleagues to define, develop and translate requirements at specific stages of the project lifecycle, developing an understanding of different types of requirements and how these translate into test conditions.
· Execute functional testing of requirements – and support the users through the User Acceptance Testing phases
· Support implementation phases (e.g. dress rehearsals / parallel runs)
· Work effectively with multiple stakeholders across regulatory compliance, legal and data privacy to ensure specific country conditions/restrictions have been captured and adhered to in line with data sharing guidelines
· Day to day running of requirement management systems, change control and document standards.
· Work in alignment with the Business Transformation Framework.


Key Accountabilities
Impact on the Business:
· Employ an improvement mindset to participate actively and constructively in the work of the team.
· With direction and guidance, support requirements gathering, translation and management throughout the project life cycle.
· Use systematic thinking and creativity to support development of solution options.
· Support colleagues to evaluate relative costs, benefits and obstacles of potential solutions before implementing.
· Support development of materials to communicate information to or support discussions with different audiences.
· Understand business and Finance priorities, drivers and challenges and how own project fits in.
· Initiate the process of obtaining data transfer and material outsourcing approvals for a defined region (s) & be able to identify solutions to potential blockers in the compliance approvals process

Customers / Stakeholders
· Build effective working relationships within own team and with other colleagues.
· Fosters open and honest communication which anticipates stakeholder expectations.

Leadership & Teamwork
· Ask questions to clarify own priorities and manage time effectively.
· Listen actively to colleagues and communicate clearly and openly.
· Establish rapport and build useful relationships with people in or outside the team.
· Adopt a collaborative approach to working with other teams across organization boundaries.
· Participate in team meetings, providing updates on assigned issues and actions.
· Take a proactive approach to own development by seeking performance feedback and coaching, setting development objectives and identifying diverse learning opportunities.


Operational Effectiveness & Control
· Support requirements management processes and design of business solutions.
· Supporting testing management process, defect management, test results documentation
· Support management of requirements traceability through design and delivery.
· Coordinates requirements gathering, documentation, prioritisation and traceability working, sometimes working with multiple program teams and senior stakeholders.
· Supports the programme management with impact assessment for change requests on design, scope, time, budget or effort on programme plan and provides accurate estimates for handling new requirements, design changes and scope.
· Supports project or programme resourcing activities.

Major Challenges

· Current business knowledge - The Finance on the Cloud Business Analyst must develop robust business knowledge and start to build awareness of developments in the industry, the functional area and other relevant areas such as technology, data and methodology.
· Stakeholder complexity – The role holder must support management of multiple stakeholders across organisation boundaries.
· Depth and breadth of knowledge – The role holder must build awareness of all aspects of change delivery (customer, people, process, policy, technology - system, data, infrastructure, etc.)

Role Context
· The role has been created to support Global Finance Change initiatives.
· Under the guidance of colleagues, the role holder will support design and development of effective solutions which take into account group strategy and the challenges or risks that the group faces.
· Under the guidance of colleagues, the role holder will undertake testing of solutions and processes implemented through the project life cycle.
· The role holder will collaborate with colleagues as part of a team.
· The role holder may engage with stakeholders across the bank, principally in Global Finance, HOST, Regulatory Compliance & Legal


Role Dimensions

· The role holder will work with a large Global Finance team that delivers complex transformational and important regulatory change.
· No management responsibilities.
· No budgetary responsibilities.


Management Risk
· The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
· This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
· Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.

Observation of Internal Controls

· Maintains HSBC internal control standards, including timely implementation of internal and external audit points, together with any issues raised by external regulators.
· The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply.
· This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Desired profile

Qualifications :

Knowledge & Experience / Qualifications

·  Minimum of a Bachelor's degree in business, finance, mathematics, related field or equivalent experience
·  Appreciation of financial services industry and interest in practice area
·  Evidence of an aptitude for quantitative analysis
·  Ability to work with little supervision, proactive, with drive and energy
·  Team player able to manage conflict and conflicting priorities
·  Attention to detail and desire and ability to see a task through to the end
·  Good interpersonal skills (both written and oral)
·  Flexible and adaptable approach
·  Desire and commitment to make a difference.
·  Willingness to test own understanding through effective questioning techniques and to be persistent in questioning where necessary
·  Delivery focused, and able to prioritise own work and meet and manage deadlines


We are a diverse workforce and it is part of our organizational culture, it reflects our belief that diversity of thought, background and perspective make HSBC a stronger organization. We strive to implement a culture that is inclusive, diverse, positive and performance-oriented. Having a diverse workforce allows us to benefit from a variety of perspectives and strengthens our local and global competitiveness. We value diversity in our workforce and encourage all qualified candidates to apply from a variety of perspectives and strengthens our local and global competitiveness. We value diversity in our workforce and encourage all qualified candidates to apply.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

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