IT Business Analyst - OTC Derivatives Domain

Job Details:

Open Position : 01

Experience : 8 - 12 Years

Annual Salary : INR 23 LPA - 25 LPA

Work Location : Pune, Maharashtra, India

Domain : Information technology (IT)

Payment Terms : 105 days

Replacement Clause : 90 days

Diversity Type : FEMALE

Education :

- MANDATORY: BE, ME, M Tech, B Tech, MBA

- PREFERRED: FRM/CFA is preferred, Degree in financial mathematics, quantitative finance is ideal

Domain Experience MANDATORY:

- Financial Risk Management

- Credit Risk Calculation for Daily Risk Management

- Knowledge of Security Finance Transaction (SFT) & Derivative products

- Through knowledge of Repo, Reverse Repo, Securities Financing, and knowledge of Derivatives such as Options, Forwards, Futures and Swaps and their documentation, life cycle and risk characteristics.

- Excellent verbal and written communication skills

- Understanding of Basel II and/or 3 regulations.

- Exposure to Use cases, QA and UAT of projects.

- Deep working experience of flow charting, Visio, MS-Office applications, Excel, VBA.

PREFERRED :

- Knowledge Of Financial Products

- Credit risk methodologies

- Basel Risk Calculations

Other Key Skill :

- SDLC Aware & co-ordination and working with remote teams

- Knowledge of quality issues in software development

PERSONAL SKILLS :

The successful candidate must:

- Work to agreed deadlines as part of the remote development environment

- Have experience of working co-operatively in small to medium-sized teams.

- Be able to work on own initiative.

Sourcing Guidelines (For Internal Use only) :

MUST HAVES:

- Financial Risk Management

- Credit Risk Calculation for Daily Risk Management

- Knowledge of Security Finance Transaction (SFT) & Derivative products

- Through knowledge of Repo, Reverse Repo, Securities Financing and knowledge of Derivatives such as Options, Forwards, Futures and Swaps and their documentation, life cycle and risk characteristics.

- Excellent verbal and written communication skills

- Understanding of Basel II and/or 3 regulations.

- Exposure to Use cases, QA and UAT of projects.

- Deep working experience of flowcharting, Visio, MS-Office applications, Excel, VBA.

Key Responsibilities :

- Understand, analyze and explain counterparty mark-to-future exposures on derivative books to regional users.

- Dwell deep into the Potential Future Exposure/EPE/EAD/RWA calculation methodologies for Credit risk/BASEL 3 and be able to verify, cross-check the exposure profiles generated by the systems.

- Where feasible develop excel prototypes to generate exposure profiles for basic products

- Ability to trace the changes in day to day exposures to changes in markets, books and or agreements

- Work closely with developers to improve/refactor code base and ensure agreed changes are manifested correctly by looking analyzing post release exposure numbers

- Conduct meeting with clients and key stakeholders to gather requirements, analyze, finalize and receive formal sign-off's from approvers.

- Translate requirements into Business Requirement Document [BRD], Functional Requirement Document [FRD] and/or Minor Development Document [MDD].

- Facilitate and drive project meetings with both business and technology teams.

- Develop and review test scripts with business users as well as technology team. Execute test scripts for System Integration Test (SIT) and User Acceptance Test (UAT).

- Co-ordinate and/or conduct the Production Acceptance Testing (PAT) with the business users.

- Creates flow diagrams, structure charts, and other types of system or process representations.

- Manage changes to requirements and baseline through a change control process.

- Ability to read code

ADDITIONAL GUIDELINES:

- Target only Returnee Women(recent 6 months to 1 year career gap).

- Quality profiles we can maximum stretch to 2-3 years.

- A very confident candidate in technology space.

- Resumes should be uploaded on workday.