Lead Business Analyst - Collateral - Global Markets IT

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 :

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:

Business Analyst

Date:

Department:

GMIT

Location:

Bengaluru

Business Line / Function:

PS&F - Collateral

Reports To:

(Direct)

Grade:

(if applicable)

(Functional)

Number Of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The Collateral Management IT department comprises of project managers, BA’s and developers who are assigned specific projects. Predominately the team is located in Mumbai but has part of its BA, development team in London and NY.

The candidate will join the Collateral Management IT team working as a Business Analyst

BA requirement is within Collateral IT Domain. Collateral Domain is structured with following main streams of development, initiated project can be managed by any of the below listed stream

• Third party Collateral Management System
• Clearing Stream
• Bilateral phased maintenance team
• Regulatory stream
  
  

The successful candidate will be expected to significantly contribute to the overall success of the project initiated under the project stream

Responsibilities

Direct 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/Trainings
• Testing
• Produce and execute Functional Test Packs – or provide guidance where required to testing team.
• Regression Test Pack assessment
• Organize 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.
• Provide 3rd level support in line with defined Group processes.
  
  

Technical & Behavioral Competencies

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
  
  

Essential Technical Skills:

• Experience with understanding complex systems, analyzing 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 organized 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
• A good knowledge of Excel, MS word, Visio, PowerPoint is required.
  
  

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 Operations, IT, Credit Risk, Market Risk) and within various business lines (mainly Fixed Income, Equity Derivatives).
• Must be able to demonstrate that he/she can communicate well in writing and orally and manage relationships.
• Being able to work under pressure, in a challenging environment, and to deal with confrontational situations.
• Able to negotiate, to convince and find consensus.
• Pro-active in rearranging his/her priorities and solving issues where requested.
• Being prepared to work long hours when necessary.
• Has to be hands on, rigorous and methodical.
  
  

Skills Referential

Specific Qualifications (if required)

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

At least 5 years