Business Analyst

SOHO Square Solutions

$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required
  • 5+ years of experience in the financial industry, particularly in a clearing and regulatory context
  • Strong understanding of listed derivatives instruments and regulatory frameworks
  • Experience with Back Office and Middle Office tools, familiarity with Sungard/FIS systems is advantageous
  • Excellent communication skills, capable of engaging with diverse stakeholders
  • Proactive problem-solver with a focus on risk prevention
  • Ability to thrive in high-pressure environments

Responsibilities

  • Manage support and analysis for DEC business applications
  • Analyze regulatory requirements from various market regulators
  • Support operations to deliver high-quality service and adapt to new products
  • Act as liaison among Business users, IT teams, and Service Providers
  • Ensure timely escalation of issues to appropriate BNP Paribas branches
  • Participate in technical testing and meetings with Service Providers
  • Contribute to local projects and client onboarding efforts

Benefits

  • Opportunity to work in a diverse, international team across multiple locations
  • Engagement in significant projects with a focus on regulatory compliance
  • Possibility of professional growth and development in a leading financial institution
  • Access to state-of-the-art technologies and tools in the banking sector
  • Collaborative work environment that values communication and initiative
Full Job Description
Job Purpose
The successful candidate will join the New Jersey DEC US IT team, in charge of Daily Operations Functional support and Business analyst projects.
Key Accountabilities
  • Manage analysis, validation and support for DEC business applications.
  • Analyse regulations requirements coming from regulators and clearing markets
  • Assist Operations to continuously provide a high quality service to our Clients and rapidly integrate increasing volumes and new products.
  • Act as a liaison between Business users, IT Application Support teams (Montreal, London, Paris, Chennai, Mumbai and Lisbon), Client Service teams and the Service Providers.
  • Guarantee the escalation of problems to the adequate BNP Paribas branches to ensure on-time resolution; manage priorities depending on the criticality of the requests and production failures.
  • Participate in the technical tests, internal meetings and regular reviews with the external Service Providers.
  • Participate in local projects and client on-boarding.
  • Contribute to the quality of technical and user testing phases.
  • Analyse requirements and feasibility with all other departments involved
  • Coordinate implementation of the validated solution
  • Establish procedures


Person Specification
  • BA/BS level required
  • Minimum 5 years financial industry experience especially in clearing - regulatory environment
  • Goodknowledge of listed derivatives instruments, Clearing markets and regulations
  • Experience on listed derivatives Back Office and Middle office tools. Knowledge ofSungard / FIS Back Office systems (UBIX / GMI) is a plus.
  • Organised and delivery-focused, with attention to detail
  • Articulate in their verbal and written communication with all types of project stakeholders: colleagues, users, management, etc.
  • Be accountable, i.e. taking full ownership of their allocated tasks
  • Pro-active in general, taking own initiatives to prevent risks/issues
  • Ability to work well under pressure
  • Excellent communication and interpersonal skills
  • Solid work ethic and high levels of motivation
  • Fluent in English, both written and spoken
  • Basic knowledge of SQL language is a plus

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