Lead Business Analyst - Collateral - Global Markets IT

The Collateral Management IT department comprises of project managers, BAs and developers who are assigned specific projects. Predominately the team is located in Mumbai but has part of its BA, development team in London and NY.

The candidate will join the Collateral Management IT team working as a Business Analyst

BA requirement is within Collateral IT Domain. Collateral Domain is structured with following main streams of development, initiated project can be managed by any of the below listed stream

1. Third party Collateral Management System

2. Clearing Stream

3. Bilateral phased maintenance team

4. Regulatory stream

The successful candidate will be expected to significantly contribute to the overall success of the project initiated under the project stream

Responsibilities

1. Initial Analysis
a) Feasibility Studiesb) Initial estimationsc) Providing proposals, High level Solutionsd) Working with project managers to identify target delivery dates

2. Implementation/Post Live Support

a) Provide support for new/changed functionality where required

b) Producing release notes, user guides/documentation, arranging functional Demos/Trainings

3. Testing

• Produce and execute Functional Test Packs or provide guidance where required to testing team.
• Regression Test Pack assessment
• Organize and manage end user testing where required.
• Escalation of environment issues preventing progress.

4. Functional Design and Documentation

a) Obtaining/clarifying/elaborating business requirements.

b) Functional solution design and documentation

c) Re-estimation throughout project lifecycle when required.

5. Provide 3rd level support in line with defined Group processes.

Business knowledge:

A strong appreciation of Middle/Back Office functions

- Trade lifecycle

- Product knowledge: Interest rates derivatives, Credit Derivatives, Options, Fx options (Knowledge is required more in how these products might be represented in a Front Office, Back office system)

An appreciation of

- Credit Risk framework

- Collateral Management framework

- Static data on Securities

- Market data & prices

- P/L

- Accounting

- Regulatory initiatives such as Dodd Frank, EMIR, Clearing

Required Business Analysis skills in IT system design

- IT system design and testing: Interfaces between systems (FO feeding Back offices, Back offices feeding settlement and Collateral systems, Collateral systems feeding external systems such as Trioptima, Acadiasoft, Clearing houses )

- Good understanding of data flowing between systems throughout the trade life cycle

Essential technical skills:

Experience with understanding complex systems, analyzing and resolving issues and writing functional and technical specifications, and test plans.

Experience in co-ordinating a dispersed set of stakeholders (functionally and geographically)

Experience with having organized and conducted all types of testing in a Banking environment.

Experience with structured project methodology.

Understanding of business analysis and systems analysis

Experience in drafting test plans, test scenario and test cases

Experience in executing functional testing

Knowledge of analysis methodologies like entity-relation modelling, use cases, process / transformation analysis

Be able to demonstrate an understanding of how business processes have been implemented and how data flows through those processes.

Ability to be able to represent a data flow and system process into a Visio diagram for presentation purposes to stakeholders

Ability to work with technology to assist with analysis eg SQL

A good knowledge of Excel, MS word, Visio, PowerPoint is required.

Essential personality skills:

• Good interpersonal and communications skills to work effectively with representatives of a diverse range of departments located in various sites and locations (Collateral Management Operations, IT, Credit Risk, Market Risk) and within various business lines (mainly Fixed Income, Equity Derivatives).
• Must be able to demonstrate that he/she can communicate well in writing and orally and manage relationships.
• Being able to work under pressure, in a challenging environment, and to deal with confrontational situations.
• Able to negotiate, to convince and find consensus.
• Pro-active in rearranging his/her priorities and solving issues where requested.
• Being prepared to work long hours when necessary.
• Has to be hands on, rigorous and methodical.