Role details

Business Analyst/Associate

Manhattan   •  Permanent

Bullet points

  • Long term growtbh potential with a leading global financial services group
  • Opportunity to impact a high stakes global project

About Our Client

Client is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, our client services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

Corporate Technology Services (CTS) provides technology solutions and support for all middle office and back office functions, Investment Banking, as well as Corporate Divisions. CTS has a very diverse user base spanning across Operations (Asset Servicing, Reconciliation, Trade Booking, Settlements, Payments & Confirmations), Finance (Product Control, Finance Control, Tax & Treasury), Reference Data Services (Products, Books & Counterparties), Risk, Investment Banking, Legal, Audit, Compliance, HR, Corporate Services, & Real Estate divisions across the globe.

Job Description

  • Analysis of requirements in the collateral management/margin technology space and writing up functional specs or BRDs that will be used by thedev team
  • Speaking to and negotiating with end users in Operations and middle office to understand usability requirements and translating them to feasible changes in the application
  • Understanding system flow and documenting upstream and downstream dependencies
  • Optimizing processes within the application so that latency can be continually minimized
  • Participating in UAT testing sessions with regional users in Japan, EMEA and U.S and harmonizing testing between the DEV, QA and user community
  • Strong domain expertise in Collateral Management (margin calculation functions) with either a wholesale bank or a products company
  • Product companies in this space include CALYPSO, MUREX, INTELLECT or BROADRIDGE which have collateral management/margining solutions
  • Familiarity with Cash Prime Brokerage, Repos, Client clearing of Bilateral trades and Margin rules associated with the same
  • Candidate should be conversant with terms like Initial margin, variation margin, over-collateralization and collateral substitution

The Successful Applicant

  • Experience: 6 - 10 Years
  • Qualification: MBA / MMS / CFA / B.E-BTECH-MCA
  • Experience of margin/collateral management systems. Both vendor and in house systems would be acceptable.
  • Candidate should be conversant with terms like Initial margin, variation margin, over-collateralization and collateral substitution
  • Understanding of one or more of OTC Derivative Bilateral/Client Cleared, Repo, Cash Prime Brokerage, TBA margining and collateral management processes and functions.
  • SQL experience (Oracle 11G preferred, but other platforms/versions will be considered too)
  • Previous experience in Java, Tibco Business Works or SQL stored procedure development will be a great advantage
  • Experience of Investment BankingExcellent verbal and written communication skills are necessary in order to communicate with the users by email and phone across regions.
  • Experience of working in global teams with global user base would be preferable though not essential.
  • Ability to work under time pressure

What's on Offer

Competitive base salary with benefits and bonus.

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