Migration Business Analyst – Transact T24 Specialist

Singapore - Singapore

Monthly Salary: Not Disclosed

Posted on: 22 hours ago

Vacancies: 1 Vacancy

Job Summary

Migration Business Analyst Transact T24 Specialist

About Parkar

At Parkar we are redefining cloud transformation with the power of Microsoft Azure and AWS platforms. Our commitment to aligning with industry-leading cloud technologies enables us to deliver tailored best-in-class solutions that drive tangible results for our clients.

With over a decade of experience and more than 100 enterprise engagements across diverse industries we specialize in empowering businesses to innovate and scale. From AIOps to Generative AI and advanced Machine Learning our expertise spans the technologies that shape tomorrows enterprises.

As a Microsoft Gold Partner we boast over 125 Azure certifications and a track record of 400 successful projects powered by our team of 200 skilled engineers. Whether its data analytics DevOps automation or application development Parkar is dedicated to achieving each clients unique transformation goals with agility precision and a relentless pursuit of excellence.

Vector is our flagship platform built on the latest in IT and AI technology to empower organizations to work smarter and stay ahead in a fast-changing digital world. It streamlines digital operations with intelligent automation and seamless cloud integration. With features like real-time monitoring early problem detection and scalable flexibility Vector helps reduce costs boost reliability and drive continuous innovation.

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Role Summary

We are looking for a Migration Business Analyst (BA) who will be instrumental in transformation initiatives focusing on the migration of client account and transactional data into Temenos Transact T24. As a key member of the programme the BA will combine business insight with technical proficiency to ensure accurate auditable and compliant data transitions while upholding the highest standards of data integrity and regulatory adherence.

Responsibilities

Lead and facilitate migration workshops with business stakeholders subject matter experts and IT teams to define data sources transformation rules and acceptance criteria.

Ensure all workshop outcomesdecisions open points exceptionsare fully documented reviewed and signed off.

Translate business requirements into detailed data mapping specifications between legacy systems and T24 entities (e.g. CUSTOMER ACCOUNT SAM CONTRACTPOSITION LEDGER FEES & CHARGES ETC.).

Oversee the build activities performed by the migration development team and own the testing process to validate their deliverables against agreed specifications.

Execute and/or supervise test scenarios including data extraction transformation logic file formatting (FBF) and load validations in T24 environments (DEV UAT PROD).

Perform reconciliations and gap analyses to verify completeness correctness and consistency of migrated data.

Report track and revalidate defects in close collaboration with developers and testers.

Prepare and maintain comprehensive artefacts: workshop summaries mapping documents test scripts evidence packs and handover documentation.

Ensure compliance with Swiss Banking Act (BA) principles data protection laws and regulatory reporting obligations (FATCA MIFID CRS AML/KYC).

Requirements

Bachelors degree in Business Finance IT or related discipline.

Minimum 8-10 years experience in banking IT projects preferably within private banking or wealth management.

Proven participation in at least one T24 implementations or migration programmes in a functional or business analyst role.

Good knowledge of Temenos Transact T24 including navigation (FI DD) versioning (TVMM) workflows products

Hands-on experience with data migration testing validation techniques and defect management.

Strong analytical abilities and meticulous attention to detail and data quality.

Skilled in stakeholder engagement requirement elicitation and conflict resolution.

Preferred Attributes

oT24 certification (e.g. Temenos TLC and TCCP certification) on Private Banking modules such as Securities Derivatives Structured Products Fiduciary Forex Financial reporting.

oFamiliarity with Triple A plus product.

oFamiliarity with jBASE TAFC SQL or scripting languages for data validation purposes.

oExperience using Jira Confluence or similar tools for tracking tasks and documentation.

Accountabilities

oEnd-to-end ownership of migration analysis workshop facilitation and output documentation.

oFull responsibility for validating deliverables from the migration development team through structured testing and reconciliation.

oDelivery of migration assets fit for audit governance review and operational handover.

Education

Bachelors degree in Business Information Technology Engineering or a related field

Required Experience:

Migration Business Analyst Transact T24 Specialist About ParkarAt Parkar we are redefining cloud transformation with the power of Microsoft Azure and AWS platforms. Our commitment to aligning with industry-leading cloud technologies enables us to deliver tailored best-in-class solutions that drive ...