Professional Services Business Analyst (Moscow) recruitment
Company Profile
Founded in 1997, Calypso Technology is a leading global application software provider for the capital markets industry, delivering an integrated suite of trading, risk and processing applications within many of the premier financial institutions including banks, asset managers, hedge funds, and other companies participating in the world’s financial markets. Its innovative platform is the industry’s first integrated application suite with the ability to support the trading, risk management, and processing of various financial products such as Interest Rate, Credit, Foreign Exchange, Commodity and Equity and their derivatives.
With strategically based offices in global financial centers in San Francisco (headquarters), New York, London, Paris, Frankfurt, Copenhagen, Moscow, Johannesburg, Sydney, Tokyo, Singapore, Hong Kong, Beijing, Mumbai and Chennai, our 500+ employees include some of the best talent from the capital markets and technology industries. Our global presence offers international exposure, experience and travel for many of our employment positions.
Calypso Technology's clients are industry innovators and leaders — from 8 of the world’s top 10 banks to regional and local banks, and the world’s largest asset managers, leading hedge funds, and insurance companies. With over 110+ customers and 18,000+ users around the world, we are extremely proud of the relationships we have developed. A partial list of our clients can be found here: www.calypso.com/customers/ With a world-class team of professionals who share a passion to succeed, Calypso places a high value on providing equal employment opportunities and maintaining a diverse workforce.
We invite you to explore the Calypso website and discover how our organization can help you to navigate your journey in finding a rewarding career and achieving your own personal and professional goals.
Department Overview
Our Professional Services Group is comprised of highly experienced functional and technical consultants that specialize in the implementation of Calypso, across each one of the asset classes and/or functional areas our solution provides. The PS Group works very closely with our clients to ensure the successful implementation of our solution until go-live.
Job Description Overview
Calypso Technology is seeking a Business Analyst with at least 5 years Functional experience gained in the capital markets industry working for a software vendor or consultancy. This should include support and/or implementation of Front and/or Middle and/or Back Office Systems and for Derivatives in one or more of FX, Interest Rates, Credit or Equity.
Responsibilities
- In-depth, hands-on involvement directly with customers implementing the Calypso solution.
- Work directly with users of the Calypso system to gather and document their business requirements, and with the customer project/systems team to implement those requirements. Follow up with the users to test the implementation, achieve signoff, and continue to move the system toward go-live.
- Work hands on with the system to configure it and test it to ensure that it meets the business requirements. This will include areas such as setup of market data, including zero curves, probability curves, correlation matrices, dividend curves, etc., and the underlying financial instruments that drive the generation of those curves. This will also include the setup of pricing parameters and trade capture options that drive the valuation of trades based on the market data. And it will also include the configuration of rules-based scenarios for capturing market and credit risk, general multi-factor sensitivity analyses, and PnL.
- Assist customers in identifying functional gaps in the core front or back office product, and to create detailed functional specifications for the gaps, and to determine whether those functional enhancements will be implemented by core Calypso development or as custom development by the customer’s own implementation team.
- During the development of enhancements, the business analyst will work with either the Calypso core development or customer development to iteratively test enhancements to ensure they will meet business requirements. Responsible for training users on basic use of the system, new functionality, etc. Manage issues and track timeline of development deliverables, and keep the customer informed of progress. Additionally, the business analyst will assist customers with the development of their own internal project plan, including identification of key setup and configuration tasks, scope considerations, timeline and scheduling, and resource requirements.
Skills Requirements:
- 5+ years working in systems or business analysis, preferably in the capital markets industry
- If Front Office: Detailed hands-on knowledge about industry-standard front office standards for market data management (bootstrapping algorithm), trade capture, pricing (Black-Scholes, Cox-Ross), and risk (Monte Carlo, VAR). Functional experience should encompass any or all of the following asset classes: credit derivatives, interest rate derivatives, equity derivatives, fixed income, or FX.
- If Back Office: Detailed hands-on knowledge about industry-standard back office processing functional areas, including settlements (SWIFT, ACH, FedWire), documentation (confirmation, advices, reset advices, etc.) and accounting (general ledger, PnL accounting, etc.). Functional experience should encompass any or all of the following asset classes: credit derivatives, interest rate derivatives, equity derivatives, fixed income, or FX.
- Strong technical skills – even though this is a business position, the candidate must be very “tech savvy” and technically self-sufficient – ability to read code will be highly valued, and experience designing/building front office systems will be especially valuable. Some knowledge of Java or C++ will be very useful.
- A clear understanding of the activities relating to Front Office and Risk would be an advantage; Confirmations, Settlements, Accounting.
- Strong ability to map conceptual financial and business elements to practical system capabilities. Should be able to translate front office business requirements into actual system configuration.
- Excellent interpersonal skills. The person in this role will spend significant amounts of time working hands-on educating and training customers, and patience will be key to success.
- Willingness and ability to travel frequently, as required. Previous software company experience will be highly valued. In particular, previous experience with implementing front office systems will be key to success. Must be client driven, have the ability to work within a team environment, and be focused on providing a high quality of service to the client
Calypso Technology is an equal opportunity employee (EOE) and strongly supports diversity in the workforce.