Business Analyst - PS&F - Collateral

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function :

The Global Markets business of BNP Paribas helps its corporate and institutional clients leverage capital markets across the globe for their financing, risk management and investment needs. This encompasses a wide range of financial products ranging from Foreign exchange to complex Equity Derivatives that are traded in financial markets across the globe 24/7. IT systems are integral to the business and are a key part of the value proposition to clients. These IT systems range from industry standard products for standard process automation to internally developed, often, market leading IT applications. The IT teams owning these IT systems are made up of functions that include Technical and Application production support, Business Analysis & Project Management, Development & Maintenance and Quality Control. BNP Paribas India Solutions is an equal partner in these IT functions along with colleagues in other locations including Paris, London, New York, Tokyo, Singapore & Hong Kong. This partnership ranges from sharing the IT workload, executing global strategy to owning global applications offshore. The technology and engineering landscape is wide, encompassing almost all techniques and platforms. It continues to evolve and transform with the market with the business continuing to invest in it.

Job Title:

Senior Business Analyst

Date:

Department:

GMIT

Location:

Mumbai

Business Line / Function:

PS&F - Collateral

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

We have a requirement for a strong business analyst, with rounded middle/back office experience in investment banking.

The candidate should be able to demonstrate that they have delivered value on large projects in Capital Markets, preferably in the collateral management or middle/back office area.

Previous exposure to Collateral Management is a nice to have but not essential

Business knowledge:

A strong appreciation of Middle/Back Office functions

§ Trade lifecycle

§ Product knowledge: Interest rates derivatives, Credit Derivatives, Options, Fx options (Knowledge is required more in how these products might be represented in a Front Office, Back office system)

An appreciation of

§ Credit Risk framework

§ Collateral Management framework

§ Static data on Securities

§ Market data & prices

§ P/L

§ Accounting

§ Regulatory initiatives such as Dodd Frank, EMIR, Clearing

Required Business Analysis skills in IT system design

§ IT system design and testing: Interfaces between systems (FO feeding Back offices, Back offices feeding settlement and Collateral systems, Collateral systems feeding external systems such as Trioptima, Acadiasoft, Clearing houses …)

§ Good understanding of data flowing between systems throughout the trade life cycle

Responsibilities

Initial Analysis

• Feasibility studies
• Initial estimations
• Providing proposals, High level solutions
• Working with Project Managers to identify target delivery dates

Implementation/Post Live Support

• Provide support for new/changed functionality where required, producing:
• Release Notes
• User Guides/documentation
• Arranging Functional Demo’s/Training

Testing

• Produce and execute Functional Test Packs – or provide guidance where required to TCoE
• Regression Test Pack assessment
• Organise and manage end User Testing where required
• Escalation of environment issues preventing progress

Functional Design and Documentation

• Obtaining/clarifying/elaborating business requirements
• Functional solution design and documentation
• Re-estimation throughout Project lifecycle when required

3rd Level Support

• Provide 3rd level support in line with defined Group process

Technical & Behavioral Competencies

• Experience with understanding complex systems, analysing and resolving issues and writing functional and technical specifications, and test plans.

• Experience in co-ordinating a dispersed set of stakeholders (functionally and geographically)

• Experience with having organised and conducted all types of testing in a Banking environment.

• Experience with structured project methodology.

• Understanding of business analysis and systems analysis

• Experience in drafting test plans, test scenario and test cases

• Experience in executing functional testing

• Knowledge of analysis methodologies like entity-relation modelling, use cases, process / transformation analysis

• Be able to demonstrate an understanding of how business processes have been implemented and how data flows through those processes.

• Ability to be able to represent a data flow and system process into a Visio diagram for presentation purposes to stakeholders

• Ability to work with technology to assist with analysis eg SQL, Access

• A good knowledge of Excel, Access, Visio, PowerPoint is requested.

Essential personality skills:

• Good interpersonal and communications skills to work effectively with representatives of a diverse range of departments located in various sites and locations (Collateral Management FO, IT, Operations, Credit Risk, Market Risk) and within various business lines (mainly Fixed Income, Equity Derivatives).
• Must be able to demonstrate that can communicate well in writing and orally and manage relationships.
• Being able to work under pressure, in a sometimes challenging environment, and to deal with confrontational situations.
• Able to negotiate, to convince and find consensus.
• Pro-active in rearranging priorities and solving issues where requested.
• Being prepared to work long hours when necessary.
• Has to be hands on, rigorous and methodical.

Specific Qualifications(if required)

Good knowledge of financial markets concepts, terminology and practice, including the collateral management business.

Skills Referential

Behavioural Skills:

Ability to deliver / Results driven

Decision Making

Client focused

Communication skills - oral & written

Transversal Skills:

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop and leverage networks

Education Level:

Bachelor Degree or equivalent

Experience Level

5-8 years

Other/Specific Qualifications(if required)