Role description

Job Role :- Business Analyst (Repo Trade)

Job Location :- Jersey City, NJ

Job Description:-

Business requirements analysis and translation into appropriate technology system change requirements specifically with Repo Trade Capture and Positions Inventory management

Tracking technology deliveries against the roadmap and stakeholder communication

Candidate is expected to be expert in either of the 3 streams

Repo eTrading Collateral Optimization or Term Repo Lifecycle Management Projects

Prepare Global BRDs consolidating regional requirements into common solutions

Ensure traceability of test cases to business requirements

Maintain Key Relationships with stakeholders and give project status updates

Run Development Scrums and Update JiraConfluence documentations as needed

Skills and experience

Prior experience working with Financial Markets as a BA is a must

Experience with Triparty Repo Borrow vs Pledge or Securities Lending transactions is a plus

Basic understanding of Fixed Income assets like Bonds Mortgage and Agency backed securities US Treasuries like TNotes and TBills is needed

For eTrading

oUnderstanding of RFQ Rate Negotiation eTrading Trade capture STP concepts with respect to Repo and ReverseRepo transactions is great advantage

oExposure to ETrading Markets like DealerWeb BBG BGC GLMX Tullett Tradition and ION product will be a plus

For Collateral Optimization

oExposure to backoffice clearing and settlement processing

oExposure to haircuts margin processing and collateral optimization areas

For Term Repo

oUnderstanding of repolife cycle

oExposure to different repo transactions

Additional exposure to Market Risk and General Collateral Curves is a plus

Moderate Relational Databases and SQL skills

Strong communication skills interpersonal skills and ability to facilitate meetings with teams and business stakeholders is needed

Expert in MS Office toolset like Excel MS word and PowerPoint is a must