Business Analyst- Picasso, Global Markets

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank 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 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business Line/Function

Global Markets (GM) IT Corporate Actions Development consists of approximately 50 people spread between London, New York, and India, developing software to support systems for Asset Servicing Operations Teams for Global Markets. Within the GM IT Corporate Actions Development, we operate a hybrid platform of Vendor and BNP suite of asset servicing applications.

Job Title

Business Analyst

Date

30-Jun-25

Department

GM IT Bangalore - D2S2C - CoA - Picasso

Location:

Bengaluru

Business Line / Function

CIB – Pole Corporate and Institutional Banking

Reports To

(Direct)

Grade

(if applicable)

(Functional)

Number Of Direct Reports

Directorship / Registration:

NA

Position Purpose

IT Business Analyst for GM Non-US Corporate Actions (CoA) processing platform

The team comprises developers & business analysts, with testers & production support staff in the ecosystem but not in the direct remit of this role.

This role is to be an IT Business Analyst on the core GM Non-US Corporate Actions IT application accountable to the Global Product Lead of Corporate Actions IT. There will be significant face off to users across multiple time zones.

The candidate will be playing a critical role within an in-house application that sits at the center of processing Corporate actions (CoA) for bank’s own books as well as external clients across multiple business lines. Processing of a Corporate Action involves analyzing the type of event, calculating the eligible position, applying the event to the position and finally notifying clients of the impact on the positions held. Post processing the event, the application has to communicate with relevant accounting and payment systems to ensure the books are kept up-to-date, and payments are sent to custodians as per the event. The uniqueness of the tool is the ability to process CoAs end-to-end. The role provides opportunities in abundance to understand the trade flows, market flows and events flows across multiple business lines.

Responsibilities

Direct Responsibilities

• Gather and Analyse business requirements / user requirements
• Propose efficient solutions
• Write functional specifications & test scenarios
• Support Developers
• Identify dependencies and coordinate with other teams when required
• Report on progress within and outside the team
• Write and execute test plans
• Organize UAT phases
• Deliver users guides
• Liaise with IT, Users, other Project Managers and Business Analysts
  
  

Contributing Responsibilities

• Secure functional online documentation
• Training & continuous functional knowledge improvement for the team.
  
  

Technical & Behavioral Competencies

Mandatory Technical Expertise Required

• Capital markets Products - Must know Cash Equities, Equity Derivatives & Bonds
• Corporate Actions & Trade lifecycle of above products
• Capture and document user requirements, both explicit and implied
• Clear, Concise specifications to communicate effectively with IT Dev/Support & users
• Software development lifecycle
• Structured testing (write, execute and maintain test plans)
• Comfortable with MS-Excel, Word, PPT & Visio
• Working knowledge of SQL
  
  

Specific Qualifications (if Required)

• An IT Engineering or MBA degree equivalent
• At least 5 years of work experience as an IT Business Analyst in a Capital Markets environment
  
  

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Ability to pass/share on knowledge.

Creativity & Innovation / Problem solving

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to develop and leverage networks

Ability to inspire others & generate people's commitment

Education Level

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if Required)

Nice to have Technical skills / Tools knowledge:

• JIRA
• Agile methodology
  
  

Behavioral Skills

• Curiosity and analysis skills and willingness to learn.
• Good Communication skills.
• Quality-focused with a good eye for detail.
• Capacity to work in a high-pressure environment.
• Willing to share knowledge and skills with other developers within the team.
• Creativity and Problem solving attitude.