Business Analyst- Capital Markets
CAPCO - New York, NY

This job posting is no longer available on CAPCO. Find similar jobs: Business Analyst jobs - CAPCO jobs

Summary of the Role
Business Analysts assist in the implementation of strategies and integrated solutions to address client needs. The position involves analysis, design, and consulting support, as well as developing an understanding of our clients’ strategic direction, issues and project goals. The successful candidate must be able to bridge the gap between user-functionality and system developers, and assist in documenting, evaluating, and translating business architectures and needs into IT applications.
An understanding of consulting methodologies within the financial services industry (strategy work, business case development, process mapping, lifecycle of project implementation, requirements gathering, competitive assessment, etc.) is an important factor for success in this role.
We are seeking candidates who have an understanding of financial services and/or consulting methodologies within the financial services industry (strategy work, business case development, process mapping, lifecycle of project implementation, requirements gathering, competitive assessment, etc.). In addition, s/he should have experience with one or more of the following: Product Control, Prime Brokerage, Hedge Fund Operations, Investment Management, Risk Management, Securities Lending, Transaction Processing, Data Management, and/or process improvement.

Primary Responsibilities:
Examples of deliverables/primary and other responsibilities may include:
  • Preparing, facilitating, documenting and participating in client meetings/workshops
  • Conducting structured data gathering, research and analysis
  • Developing and evaluating procedures, controls, user requirements and functional specifications to identify gaps between current state and future state
  • Creating business requirements documents (BRD’s) into Use Cases/Functional Specifications for customization
  • Requirements gathering, functional requirements, user stories and documenting business/data/application/technology architectures, requirements, and business rules
  • Business process models/design, logical data models, standards and guidance
  • Documenting and explaining problems and works with others to resolve software defects while ensuring technical compatibility and end user satisfaction
  • Analyzing, developing and proposing enhancements to current business processes, reports, and applications in order to optimize system effectiveness
  • Conducting customer interviews and producing meeting summaries
  • Participating in development of new business opportunities: conduct market/client research and industry analysis
  • Liaising with development team and providing clarifications on customization requirements
  • Doubling up as QA when needed
  • Producing high-quality verbal and written consulting deliverables (including proposals, customer presentations, consulting reports, etc.) to effectively communicate project findings
  • Generating re-usable intellectual capital in the form of consulting methodology and templates, blueprints, and business cases
  • Basic scripting; and project plans
Basic Requirements:
  • Bachelor’s degree is required. An advanced degree is desirable.
  • 3-5 years of Business Analysis work experience
  • Knowledge of Systems Development Life Cycle (SDLC)
  • Knowledge of at least one of the following: Money Markets; Currencies and FX; Fixed Income; Asset Backed Securities (MBS, CDO, etc.); Equities; Futures; Options; Commodities, Derivatives (Credit and/or Rate)
  • Capital Markets background with experience in the following areas:
-Transaction Lifecycle Process Improvement
  • Operations
o Front Office (sales, order management, pre-trade compliance and analytics, trading, securities lending)

o Middle Office Operations (allocations, trade configuration and enrichment, post-trade compliance, risk management, regulatory compliance and control, performance calculations, attribution services)

o Back Office (trade operations, transfer agency, clearance and settlement processing, asset servicing, custody, client reporting, BCM/infrastructure)
  • Business Transformation
  • Project/Program Management
  • Experience participating as a member of a project team through all phases of the project lifecycle, from scoping and planning, requirements gathering, design, development, testing, and go live
  • Ability to travel extensively (up to 100%) to client sites around the U.S. is required
Industry Knowledge:
  • Institutional Broker—Trading
  • Institutional Broker—Investment Banking/Corporate Finance
  • Retail Brokerage/Wealth Management
  • Investment Management
o Institutional
o Retail
o Hedge Funds
  • Global Custody/Prime Brokerage/Clearing
  • Market Infrastructure
o Exchanges/Liquidity Venues
o Depositaries/Industry Utilities

Functional Skills:
  • Marketing and Sales
  • Account opening/onboarding
  • Client Services/CRM
  • Product development
  • Order and Trade Processing
  • Securities Finance (margin and collateral management)
  • Treasury/Cash Management
  • Risk management (operational, credit, market)
  • Compliance (regulatory reporting)
  • G/L Accounting, P&L, Books and Records
  • Clearance and Settlement
  • Corporate Actions
  • Reconciliations
  • Reference Data
  • Statements and Client Reporting
Business Competencies:
  • Excellent verbal and written communication skills with ability to discuss complex ideas and develop project deliverables and participating in workshops with C-level executives
  • Ability to think, write and present in a logical and structured way
  • Ability to articulate the value proposition and the business impact of technology transformation
  • Ability to exercise judgment within broadly defined practices and policies in developing methods, techniques and evaluation criterion for obtaining results
  • Ability to work in cross-organizational situations
  • Strong quality orientation
  • Entrepreneurial mindset; ability to work independently and as an effective team member with client groups, taking on whatever role is necessary to achieve business objectives and enhance client relationships
Technical Competencies:
  • Microsoft Office, Microsoft Project, Visio
  • Trading Platforms: Murex, Calypso, Summit, Wall St.
  • Brokerage Back Office: ADP, Sungard, Beta
  • Other industry tools: Workflow—Lombardi
  • BI/BAM
Analysis & Delivery Skills:
  • Data Gathering/Research—Primary (Interviews, Facilitated Sessions, Surveys)
  • Data Gathering/Research—Secondary (Internet search and Capco research vendors)
  • Data Analysis/Problem Identification (Ex. root cause analysis)
  • Quantitative Data Analysis (Financial modeling, statistical analysis, etc.)
  • Solution Development (e.g., People, Process, Technology changes)
  • Deliverable Production—Business Improvement/Transformation (Current State, Future State, Gap Analysis & Recommendations, Business Case and Roadmap)
  • Deliverable Production—Requirements Documentation (Business, Functional, Technical, RFI/RFP)
  • Deliverable Production—Thought Leadership (White papers, articles, etc.)
Consulting Skills & Experience:
  • Solid Business Analyst skills, including experience interviewing client executives to gather and document business requirements, process mapping, etc., including:
o Business Improvement/Transformation/TOM
o Business/Product Strategy
o Corporate Restructuring/Post Merger Integration
o Sourcing (Outsourcing, Offshoring, Vendor Management, etc.)
o KPI/KRI/Business Intelligence
o Change Management
o Technology Strategy
o Technology Architecture (Data, Application, Infrastructure)
o Systems Integration
o System/Vendor Selection
  • Ability to produce clear, concise, relevant and accurate documentation based on captured requirements and information gathered from stakeholders/subject matter experts
  • Strong experience documenting technology requirements, requirement analysis tools/methodologies (e.g., RUP, UML)
  • Strong presentation skills, extensive experience writing successful project proposals, experience planning and execution related projects, and demonstrated project management skills and experience
  • Solid knowledge of process reengineering methodologies and process flowcharting
  • Excellent time management and organizational skills; the ability to manage conflicting priorities and multi-task effectively; and communicate current status and tasks to management
  • Ability to quickly learn new subjects and absorb new information and methodologies in a rapidly changing regulatory environment
  • Strong problem solving skills; ability to determine proper course or methodology without direction or supervision
The above declarations are not intended to be an all-inclusive list of the duties and responsibilities of the job described, nor are they intended to be such a listing of the skills and abilities required to do the job. Rather, they are intended only to describe the general nature of the job.