Senior/Lead Business Analyst - Synthetic Prime Brokerage - 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 work load, 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:

GM IT

Location:

Mumbai

Business Line / Function:

CIB

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

POSITION PURPOSE

Prime is a bundle of services that investment banks and other major financial institutions offer to hedge funds and similar clients. The clients need such services when borrowing securities or cash for the purpose of netting to allow a specific asset to achieve a higher return. It includes a suite of applications catering to different streams like Cash, Synthetics, Trade Processing, Margin and Financing. Cash PB caters to equities, Synthetics PB on swaps, trade processing on processing of execution orders and allocating to the client accounts, financing caters to leveraging capabilities of the client/hedge to do business on margin and Margin systems deal with the actual daily margin calculations.

Result oriented Business Analyst for Synthetics Prime Brokerage with 5 to 8 years of experience. Can work with the team to produce high quality requirements and collaborate with development teams to deliver within timelines. The candidate should be functionally and technically inclined and with proven working record in the Banking, Capital markets, prime brokerage area.

Responsibilities

DIRECT RESPONSIBILITIES

• Lead projects through entire project lifecycle from feasibility study to delivery.
• Lead the process to gather and document business requirements.
• Convert business requirements into Functional specifications and System requirements.
• Explain the functional/system requirements to the development team.
• Setup and coordinate meetings associated with various project work-streams.
• Liaise with IT teams negotiating deliveries on the dependencies of the specific projects.
• Escalate blocking issues to the appropriate level of management.
• Provide regular reporting of deliveries against key milestones, proactive notification of risks and issues.
• Investigation of any issues, determining root causes and obtaining resolution.
• Develop Test Procedures for various deliverables, in collaboration with stakeholders.
• Conduct qualification of releases, System Integrated testing, User Acceptance testing.
• Prepare User guides, Business Cases, Training Material, Production Support procedures
• Take ownership of project deliverables against agreed scope, budget and timeline.
• Drive project delivery by maintaining project plans, organize status meetings, and prepare minutes. Develop user training and user guides.

CONTRIBUTING RESPONSIBILITIES

o Handle the functional business areas independently

o Communicate effectively with users

o Implementing and Improving BA processes within the team

o Decision making for functional solutions

o Participation in BA recruitment for team and organization

o Secure functional online documentation.

o Training & continuous functional knowledge improvement for the team.

TECHNICAL & BEHAVIORAL COMPETENCIES

Functional/Technical:

• Sound knowledge of Software Development Lifecycle (SDLC) activities
• Capital markets Products - Must know Cash Equities, Equity Derivatives & Bonds.
• Corporate Actions, Trade lifecycle and regulatory reporting of above products.
• Working knowledge on synthetics/Cash PB trading will be great.
• Capture and document user requirements, both explicit and implied.
• Clear, Concise specifications to communicate effectively with IT Dev/Support & users.
• Structured testing (write, execute and maintain test plans).
• Comfortable with MS-Excel, Word, PPT & Visio.
• Working knowledge of SQL.
• Knowledge of Agile methodologies and JIRA would be nice to have.

Behavioral:

• Good Communication skills.
• Must be able to work closely with end users and developers.
• Must be able to work under stress.
• Willing to share functional knowledge and skills.
• Willing to work in flexible timing.
• Whilst able to work independently, should be a true team player.
• Willing to take up additional activities over and above regular assigned tasks.

SPECIFIC QUALIFICATIONS (IF REQUIRED)

• An IT Engineering or MBA degree equivalent.
• At least 6 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

Attention to detail / rigor

Decision Making

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to manage a project

Ability to develop and adapt a process

Ability to anticipate business / strategic evolution

Ability to develop and leverage networks

Education Level:

Choose an item.

Experience Level

At least 5 years

Other/Specific Qualifications (if required)