IT Technical Business Analyst

3 weeks ago


Bristol, United Kingdom Axiom Software Solutions Limited Full time

Role:

IT Business Analyst

Overview:

Highlights of department:

(Please give an overview of the business area and describe current and future project/areas that the candidate will be working).

The MSS Operations Technology (MSSOT) FX Metals & Treasury is a sub-department within Markets & Security Services that touches upon every part of a Trade Life-cycle mainly focused on post trade and middle office activities. The MSSOT asset class is responsible for applications that allow the business lines to undertake activities such as Reconciliations, Cash & Liquidity Management, Confirmations and Matching, Settlement and Payment, Exception Management, MI Reporting and other critical Post-Trade functions. MSSOT is globally distributed with IT Teams in India, China, UK, US, Canada and Mexico. A range of various technologies are deployed across the asset class with applications being a mix of Home Grown and Vendor software.

The Team you’d specifically be joining within MSSOT FX Metals & Treasury is responsible for Cash & Liquidity Management (CaLM) with Cash Management Operations & Markets Treasury as primary users & stakeholders. HSBC Cash Management Operations use Smartstream’s Real Time Cash Management (RTCM/CMS Ver. 2.9) to pro-actively manage cash and intraday liquidity cash positions of the Bank. The objective is to optimize cash resources effectively, reduce funding cost and minimise intraday liquidity risk. A single instance of this application is deployed globally using a home-grown middleware DML application to fetch and process cashflows from various sources with Oracle 19c as the underlying database. CMS provisions for both intra-day and end-of-day funding projections for all the deployed entities in real-time.

Since past 2 years the CaLM Business & IT are assessing the intra-day and end-of-day liquidity management capabilities with a view to enhancing the same and defining a target state with a view to achieving a more comprehensive and robust capability while ensuring regulatory compliance.

Purpose of the job:

The Business Analyst role would be a key role in terms of working closely with the Global Cash Management Operations stakeholders to drive Cashflow Remediation program that includes new feed automations, site rollouts, & amendments to existing business processes. This would involve coordination with various Business & Operations stakeholders in Cash Management & Markets Treasury, IT Management, and PODs to deliver transformation & maintenance projects.

The role requires highly skilled business analyst with hands on experience working in a similar role & an in-depth understanding of Cash & Liquidity Management business processes & operations.

Having been part of at least one successful deployment of Smartstream Real Time Cash Management solution ver 2.9 or higher would be an added advantage.

Responsible for:

(Please describe the role that the Candidate will be undertaking within the team)

The candidate will be responsible for the following:

§ Analysing and documenting requirements.

§ Converting business requirements into technical specifications

§ Analysing the enterprise specifics & current technology environment.

§ Setting the collaboration framework to work with new connections/environments

§ Controlling solution development

§ Supporting project management through DevOps/Agile practices

§ Responsible for the whole lifecycle including Development, Integration with Upstream/Downstream, Testing and Deployment

§ Review/sign-off test cases, peer review test cases/artefacts, test execution

§ Define low level Business cases

§ Demonstrate and secure approval on BRD from project stakeholders

§ Support to the development team

§ Ability to work collaboratively with a global team

Essential skills needed:

§ Experience of post trade payment & settlement business processes, & liquidity management

§ Extensive knowledge of the relevant Swift messaging technology (both MT & MX formats) involved in payments & settlement processes, and the corresponding internal and swift gateway systems

§ Understand source data from both internal & external (Swift) sources & perform data mapping exercise for building the relevant interfaces

§ Good understand the underlying technologies & software architecture involved & explain the data flow to fellow team members in the POD as part of overall solution development

§ Past experience having handled real time message processing

§ Having experience with successful deployment of Smartstream Real Time Cash Management solution v2.5 or higher would be an added advantage

§

Other essential skills:

§ Should be familiar with the Investment Banking concepts

§ Excellent communication and presentation skills



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