Senior Business Analyst - Corporate Actions/Picasso - Global Markets IT

Overview

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 specialized 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, corporate 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, color, 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 (GM) 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.

Ob Title

Corporate Actions Business Analyst

Date

Department:

GM IT

Location:

Business Line / Function

GM IT

Reports To

(Direct)

Team Lead

Grade

(if applicable)

(Functional)

(Functional)

Number Of Direct Reports

None

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

• 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

• 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 share / pass on knowledge

Creativity & Innovation / Problem solving

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to understand, explain and support change

Analytical Ability

Ability To Develop Others & Improve Their Skills

Ability to develop and leverage networks

Education Level

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications

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.