Job Seekers, Please send resumes to resumes@hireitpeople.com Position Overview:

The Business Analyst selected MUST have a strong financial background and experience in data governance, a variety of BPM tools (ex.: iGrafix, PEGA and Cordys), and a background in Business Intelligence Tools work (ex.: Tableaux and Business Objects).
The position requires a quality-focused and detail oriented Business Analyst with a demonstrated track record of providing solutions for high-priority business goals and strategic management decisions. The incumbent should be a skilled troubleshooter and problem solver with the ability to translate business processes and problem statements into requirements. The incumbent must be conversant with all stages of SDLC and be able to deliver results within tight timelines.
Essential Job Functions:
Interface with the business client to understand business needs and requirements, and to help develop and maintain the client relationshipBuild stakeholder consensus and ensure everyone is on the same page, in agreement, and can visualize the solution being proposedDevelop business cases, requirements, use cases, test plans, test strategies, test cases, and operational procedures and plansDocument business processes and workflowsCraft business cases to evaluate the feasibility of technology initiativesIdentify business and functional requirements by working with application end-users, and lead the collection, analysis, documentation, and coordination of those requirementsDesign and execute test cases for application development and implementation projectsCollaborate with IT professionals to determine if solutions currently exist (internally or externally) or whether new solutions are feasible to meet business requirementsLeverage rapid prototyping approaches to present as-is/to-be processes/workflows and rough designs of the proposed solutionMaintain a comprehensive chronological trail of requirements and agreements and actively contribute to the project change control process. Document and manage issues and actionsProvide overall support to ensure the successful design, testing, and implementation of applications that support the business unit, Also, provide support in developing training materials and conducting trainingDocument and manage issues and actions for IT applications and projectsPrepare and make presentations using MS PowerPoint and Visio to project stakeholders and managementParticipate in the evaluation of new products or initiatives to determine the technology support requiredEvaluate applications and IT environments, and analyze gaps between current and desired statesPropose recommendations based on industry best practicesEducational Qualifications and Experience:
Education: Masters degree in FinanceRole Specific Experience: 5+ years of relevant technical and business work experienceExperience in defining and implementing technology solutions for a major financial institutionExtensive experience as a Business Analyst for a large financial institutionExtensive experience with implementing a similar systemExtensive experience in gathering business requirements and developing functional specifications with special emphasis on use cases, defining test cases, and providing user training and supportExtensive experience with various system development lifecycle methodologies and tailoring the artifacts to those methodologiesExperience with BPM tools like iGrafix ,PEGA and Cordys is a plusExperience in requirements management tools like HP-ALM, MS TFS, Case Complete is essentialCertification Requirements: None.

Required Skills/Abilities:
Functional
Knowledge of products like Bonds (PV and Structured), MBS, ABS, Repos/Reverse Repos, Futures, Options, Swaptions etc including understanding of trade life cycle events from an investment and capital market perspective.Familiarity with the settlement and accounting process associated with the above productsGood understanding of enterprise risks and its various components including market and credit risks, PFE, CVA.Knowledge of valuation models like DCF, BGM, Hull White, bi-numeral and tri-numeral models, monte-carlo, etcUnderstanding of pre and post trade compliance, ratings functionality including information available from the 3 rating agencies, counterpart limit settingsGeneral BA skills/abilities
Strong process analysis skills and ability to suggest improvements for efficiency and effectiveness of solutions based on industry best practicesKnowledge of business analysis best practices (such as BABOK) and ability to effectively apply themAdvanced knowledge of specific business area, process, workflows, standards, and business practicesProven conceptual, analytical, and judgmental skillsCritically analyze requirements and ensure completeness from a quality requirement view point.Ability to identify data needs, quality rules and lineage.Excellent verbal and written communication skills and ability to communicate well with all levels, technical as well as non-technical stakeholdersAbility to work directly with clients and management without supervision and to facilitate and navigate discussions with stakeholders to ensure clarity, prioritization, and consensusLeadership skills and ability to work well with diverse team members, often in multiple locationsAbility to work with different points-of-view and lead the team to convergence, while always keeping the project objectives in sightStrong presentation and facilitation skillsExcellent personal organization skills and ability to take things to closure without follow-upsDesired Skills/Abilities (not required but a plus):
Desirable knowledge of VBA, PL/SQL and C++ numerical programming, MS Access, Oracle, and reporting tools such as Crystal ReportsKnowledge of Business Intelligence tools like Business Objects, Tableaux etcExperience of having worked in an Enterprise Data Management projectUnderstanding of Data Governance process and ability to identify data quality issues.Knowledge and experience in COTS implementation as BA on COTS projects like Summit, Murex, Calypso etcKnowledge of project management
Pluses for Level III
Level III:
Educational Qualifications and Experience:10+ years of experience in addition to the above educational qualification and experienceCFA or FRM CertificationRequired Skills/Abilities:
Required functional skills/abilities mentioned above must be at the expert level.Required general BA skills/abilities indicated above must be at the expert level.10+ years of experience must be in at least one of the functional areas listed above.Experience Matrix for Levels:
Level I - 2+ years of experience.