Title: Business Analyst – IT Summit
Department: Fixed Income IT
Location: New York, NY
Duration: 6 months renewable as long as the new hire performs well
Client: Undisclosed Investment Bank
Type: Contract
Summary:
Our client, a leading investment bank, is looking to hire a Business analyst / IT specialized in Summit.
As part of a cross-functional agile team, this role is a Front to Back-office position within the business analyst group of their IT department.
The ideal talent will be managing several projects aiming at:
- Retiring legacy systems and migrate trades in Summit Head Office.
- Deploying new instruments
- Implementing and improving settlement, confirmation and clearing workflows
- Implementing regulatory reporting and maintaining the quality of the data
- Remediating the quality of data
- Identify and collect irregularities in business operations procedures and propose changes and new methodologies
He/She also supports Fixed Income and Treasury activities as well as back-office stakeholders by addressing functional issues/questions. Position requires a full transversal overview of the trade workflow from the input until settlement.
He/She centralizes the user requests; coordinates with New York and Paris Head Office Business Analysts and IT teams; liaises with support functions to ensure all impacts are properly identified.
Responsibilities:
For all that relates to Fixed Income, Treasury and Credit business:
Project Management / Business Analysis:
- Definition with Business Management and end-users of project priorities
- Project scoping and planning, progress reporting, identification and management of issues/risks and communications.
- Close collaboration with the user representatives (traders, sales, operations, etc…) to determine business requirements, including the identification of any potential issue or functional omissions; define and document the business requirements.
- Write detailed functional specifications for IT development teams
- Development of user test cases and validate test results during user acceptance testing, training with Summit end-users. Coordinate the go-live and ensure proper system behavior.
Functional support / maintenance:
- Responsible for quick resolution of day-to-day issues on Summit (booking, pricing, straight-through processing, settlement, reporting, accounting…)
- Monitor the trade workflow and make sure statements and regulatory reporting are accurately produced
Requirements:
- Minimum 3 years experience in business analysis functions in the Finance industry
- Deep knowledge on Summit, must be familiar with products traded on Fixed Income, Treasury and Credit business.
- Must be familiar with Summit STP services for Front Office and back-office as cashflows, accounting, operations and settlements workflows
- Deep IT knowledge, the successful candidate must be able to review source code, write and execute SQL queries (Sybase, Oracle, and SQL Server) and read/understand a script (Windows and Unix as Bash, Perl, Python)
- Ability to analyze complex problems, with strong attention to detail and ability to provide solutions to problems.
- Ability to prioritize and multi-task in a fast-paced environment on multiple applications.
- Knowledge of C++, C#, XML, XSLT, Excel VBA is a plus