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POSITION DESCRIPTION


Business Analyst
Office location Basel
Department Banking
Application Deadline 04/12/2024
Apply Now

The Bank for International Settlements (BIS) is hiring a Business Analyst to
join our Banking Back Office.

This role is based in Basel, Switzerland however, thanks to our status as an
international organization, we can hire globally and welcome applications from
candidates of all nationalities and located anywhere in the world. Relocation
support is available for the successful candidate and their dependent family
members.

Purpose of the job:

Our mission is to support central banks' pursuit of monetary and financial
stability through international cooperation, and to act as a bank for central
banks.

Your contribution to this mission will be to support the Back Office team with
the coordination and implementation of ongoing optimisation of business
processes. To identify change initiatives that simplify and streamline
operations in the Back Office, and to contribute to new initiatives and
projects.

By joining the Back Office team, you will:

* Play an important role in driving forward key projects for the Back Office
team that will boost efficiencies and improve processes.

* Have the opportunity to leverage new technologies to promote innovation and to
help the team in their daily work. 

* Work with a truly international team of colleagues with a diverse set of
backgrounds and expertise both within the Back Office and across the
organisation and gain exposure to all functions of the Back Office.

Principal accountabilities:

* Play a proactive role in improving processes to reduce low-value tasks and
enhance overall efficiency.

* Draft business requirements for the enhancement and automation of Back Office
processes.

* Document test cases and undertake user acceptance testing.

* Represent Back Office in cross-units and Bank-wide projects and provide status
updates to the relevant steering committees.

* Partner with the Bank's IT teams and external service providers to coordinate
the maintenance/enhancement of systems used by Back Office.

* Keep abreast of major technology trends and developments relevant to Banking
operations.

* Communicate with colleagues and customers using objective and balanced
arguments. Analyze problems and propose solutions.

Qualifications, skills, and experience:

* University degree in a related subject area or the equivalent gained through
experience.

* Relevant work experience as a Business Analyst gained in finance operations or
an IT department.

* Good knowledge of banking business practices (financial instruments, trading
platforms, market infrastructures, etc.).

* Experience with SWIFT messaging standards.

* Strong analytical skills. Ability to analyse processes and translate business
needs into system requirements.

* Very strong IT skills with an in-depth knowledge of banking systems.

* Understanding of end-to-end project lifecycles.

* Experience in developing and implementing test plans.

* Creative in finding new solutions / making use of new technologies (e.g.
Artificial Intelligence).

* Excellent written and oral English. Experience in drafting business
requirements.

* Team player with strong interpersonal and communication skills; comfortable
engaging with staff at all levels.

* Ability to cope with a variety of tasks, to work methodically and accurately
even under pressure.

Who we are:

The Bank for International Settlements is a diverse organization with colleagues
from over 60 countries. By joining us in the international city of Basel, you
will work in a unique, highly rewarding, and international work environment. We
truly value diversity and inclusion and want to reflect the world we serve. We
want the best people to work for us in an inclusive environment so welcome
applications from all qualified candidates. At the BIS, we value equality and
diversity in all its forms and one way we support diversity and inclusion is
through our staff-run networks. You can discover more about diversity at the BIS
here.

What the BIS offers:

We want your time at BIS to be a rewarding and career-enriching experience. We
offer an agile and flexible working environment with hybrid working
opportunities including home office and working from abroad days. To support our
international applicants, we offer relocation support that extends to your
dependent family members. In addition, thanks to our ongoing commitment to
diversity and inclusion, we offer a competitive compensation and benefits
package, including support for working families including childcare and
education allowances (where applicable). Finally, we offer a genuinely unique
international working environment, which will give you exposure to the global
financial system and the opportunity to collaborate with passionate experts from
all over the world.

We strive to ensure that individuals are provided reasonable accommodation to
participate in the application or interview process, and to perform essential
job functions. Should you wish to request an adjustment, support in completing
this application or participating in the application process, then please reach
out to the recruitment team at staffing@bis.org.

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