Derivatives – Business Analyst, Assistant Vice President

Who we are looking for

We are looking for an experienced Business Analyst in trade processing, accounting, with strong knowledge of OTC Derivatives including cleared derivatives.  Required to perform detailed analysis of client trade files, understanding of OMS & PMS systems and operational requirements, liaising with business teams, technical teams, external parties/clients. The successful candidate will manage projects to deliver State Streets DHUB strategic solution.

The successful candidate will be able to discuss business requirements in detail exhibiting a good understanding of financial products, project governance, Alpha Standard process. The BA will interface with Clients, operations, IT, Project Management, and other internal and external third-party system owners. The candidate will be required to present and discuss business and technical issues and solutions.

Why this role is important to us

The team you will be joining is a part of Complex Instruments onboarding, a function that is vital to the company as it allows us to onboard and service our clients.

What you will be responsible for

As a Derivatives Business Analyst, Assistant Vice President, you will be responsible for:

• Establishing clear project governance.

• Directs efforts cross-functionally with in depth understanding of business systems, financial industry, and system development lifecycle methodologies to support projects through their life cycle, with the emphasis on the analysis stage.

• Directs the gathering of business/system requirements by facilitating user meetings, interviewing users, and researching and resolving issues.

• Makes judgments on gathered analysis information, using flowcharting and other methodologies.

• Leads the analysis of current processes and recommends solutions and improved processes.

• May assume overall responsibility for and follow up of the project execution until the process is implemented.

• Leads and reviews draft detailed requirements and related documentation.
  Monitor's project planning and management by documenting and maintaining plans, managing issue logs and preparing project documentation.

• Utilize expert level of knowledge of implementation project and user needs.
  Demonstrates understanding of the impact of problems on the organization and facilitate collaboration to achieve resolutions.

• Communicates with client to ensures the effective use of the product and that client's needs are met.

• Use a broad array of communication tools to inform, persuade, influence, direct and facilitate communication within project teams and between Business and Technical teams.

• Document business requirements using clear, concise language consistent with the methodology framework.

• Ensure effectiveness of daily operations. Recommends revised procedures and processes.

• Model and analyze business processes and assist the business in identifying ways to maximize operational efficiencies, quality and compliance.

• Identify compile, analyze and document business requirements that accurately and thoroughly reflect business needs.

• Acts as a liaison between users, developers, testers, and implementation specialists.

May direct special projects, e.g., conducting research, collecting and providing requested data, etc.

What we value

These skills will help you succeed in this role

• Product expert for Centre of excellence. Comprehensive and demonstrated knowledge of business process and standard Alpha operating models.

• Develop and deliver training/coaching.

• Ensure SOPs/regulations are met and escalate as needed.

• Subject matter expert for corporate committees and initiatives

• Exercise discretion and judgment with respect to matters of significance.

• Collaborate with internal and external groups to identify, analyse and proactively resolve issues.

• Resolve issues, make exceptions and prioritize actions.

• Encourage suggestions for, and implementation of, continuous improvements to core products and services.

• Help others adapt to new values, attitudes, norms and behaviours that support new ways of doing work and limiting risk.

• Identify and report all risk and compliance issues, breaches and suspicious activities.

• Act in accordance with Risk Excellence as part of our Way Ahead foundation.

Education & Preferred Qualifications

• BA degree required

• Minimum 10 years of experience as Business Analyst or Derivatives SME

• Minimum 5 years of people management experience

• Derivatives valuations background

• Strong working knowledge of OTC Derivative products

• MS Office Products

• Macro/VBA knowledge preferred

• Understanding of Change Management

• Excellent analytical and interpersonal skills

• Excellent verbal and written communication and presentation skills

• Strong Client Management skills

• Strong internal relationship management skills

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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