Crisil - Business Analyst/Senior Business Analyst

Job Duties :

- In this role, the candidate would be part of the Operations Business Architecture function operating as a business analyst for a global investment bank.

- The role involves contributing to the development of the defined target state for Global Operations and working with key projects to ensure progress towards that target.

The role involves :

- Determining the target state process,controls models and the target operating model

- Enhancement of design principles and design control reviews of change programs that affect processes, systems and data.

- Design issue resolution as raised by change programs or relevant Design Authority forums.

- Prepare and deliver content for relevant Design Authority forums.

- Definition of business requirements arising from the TOM and collaboration with Operations IT Architects to ensure that the Operations Target IT Model (TIM) supports these.

- Definition of the detailed strategy to implement the TOM and TIM in collaboration with Operations IT Architects.

- Prepare and deliver training/communications material on Operations TOM and TIM to support training/communication strategy and plan.

Qualification :

- Post graduate degree from a reputed institute

- Business Analysis/Project Management Certifications

Skills Required :

- Good competency in business requirements gathering, solution design, planning, and implementation preferably in large scale global programs (preferably from an Investment Bank or consultancy background)

- Familiarity with IB products, Front and Middle Office trade operations, end-to-end trade life-cycle

- Good analytical and problem solving skills along with good verbal and written communication skills including requirements definition, for business and IT audience

- Excellent communication skills

- Self-motivated team player, ownership, accountability, organizational/prioritization skills, proactive, ability to multitask, ambitious, independent, positive mind-set

- Should have good understanding and ability to conduct business rules analysis and building a prototype or use case if required.

- Hands-on experience to create data model, data flow diagram, architecture diagram, workflows and other use cases.

- Should have prior experience of Project planning, estimation, monitoring and tracking of the deliverables.

- Independent and able to work with little supervision

- Proven organizational, leadership and management skills

- Ability to direct project teams and to create agreement among differing stakeholder views - must be able to lead by example and motivate/ focus team members.

- Effective relationship management and influencing skills

- The candidate should be process oriented, have attention to detail, and have good time management skills

- Candidates with good knowledge about operations process including settlement, position-keeping, asset servicing, clearing, collateral management and liquidity management would be preferred

Candidate having experience in one or more of the below domains would be preferred :

Clearing & Collateral management and operations :

- Understanding about CSA terms, Margin calculation and settlement process

- ISDA/CSA Terms and related systems workflows. SSI with counterparties

- Margin call management and collateral interest settlements

- Exposure to portfolio reconciliation teams and dispute resolution teams

- Reporting including end of day processing reports, collateral fails, cash and security fails, disputed collaterals and calls not responded reports

- Working knowledge on TriOptima and Acadia soft is preferred

Settlement :

- End to end settlements workflow including but not limited to: Calculation of settlement amounts, determining fixings, independently evaluating the settlement amount and reconciling the same with front office numbers, anticipatory settlements work flow etc.

Position keeping :

- Monitoring and managing positions in ongoing basis. Providing regular updates of positions, profit and loss and risk figures across all products and instruments

- Reporting and MIS including open positions; risk positions of the same and threshold breaches

Liquidity management :

- Monitoring liquidity risks and ensuring it is in within prescribed thresholds

- Assess the need for cash or collateral to meet financial obligations for various time periods

- Good Knowledge about regulatory requirements around liquidity management for Banks