Senior Capital Markets Business Analyst - 35289

Senior Capital Markets Business Analyst - 35289

Location Address: Hybrid (2x/week on site), 40 Temperance Street 7th Floor (40T-7)

Contract Duration: 12 months

Story Behind the Need

The Regulatory and Business Initiatives (RBI) Group is an internal business transformation advisory/consulting group which supports Global Banking & Markets, International Banking, and, in some cases, the enterprise, to deliver large-scale regulatory, business, data and operational initiatives, requiring in-depth knowledge of products, technology or processes, in a strategically and fiscally responsible manner, and provide information, education and support to ensure that all changes are assessed and evaluated in a timely manner. The team of program management and business analysis specialists, with subject matter expertise in capital markets, data, regulations, standardized governance, target operating model development and stakeholder engagement, is focused on improving client experience and service offerings and facilitating adherence to applicable regulations.

Project:

As part of RBI, play a pivotal role in the Asset Services Modernization (ASM) Program to implement various modules of rules-based driven corporate actions processing engine, TCS BaNCS, which will provide automated end-to-end-processing for all SWIFT-recognized corporate action event types and support growth across multiple business lines, legal entities and regions across bank, Global Banking & Markets (GBM).

Responsibilities:

• Help drive the change transformation process by providing subject matter expertise in corporate actions industry standard/best practice, challenging status quo, and recommending alternative solutions, to ensure alignment to business priorities, and technology/architecture strategy

• Identify opportunities for process improvements and increased automation to enhance operational efficiency

• Support end-to-end delivery planning of the Program, including interpretation of business needs, business case development, development of project and implementation plans, and solution transition to business-as-usual (BAU)

• Conduct analysis and research, producing relevant project artifacts and reports

• Identification, mitigation and escalation of risks and process/control gaps

• Work with Program team to ensure functional analysis and builds align to plan and meet business requirements

• Support definition, design, and documentation of future state/target operating model

• Support user training, as necessary, to ensure proficient use of new systems and processes

• Support various Program workstreams, as needed, producing deliverables, as required, including requirements elicitation and documentation, test strategy documentation, test case/script preparation and execution, participating in production deployment planning and execution

• Work independently and exercises excellent judgement based on precedents or best practices.

• Adhere to the Bank’s Enterprise Delivery Framework Standards.

• Manage program-related meetings/forums (as required) and communicate with stakeholders from the business, operations, technology, and other relevant functions, across multiple jurisdictions.

• Understand how the Bank’s risk appetite and risk culture drive day-to-day activities and decisions.

• Represent bank effectively when involved with external parties, including suppliers, and industry peers.

• Actively pursue effective and efficient operations of his/her respective areas in accordance with bank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.

• Champion a high-performance environment and contributes to an inclusive work environment.

Must Have Skills:

• 10+ years of work experience in capital/global markets, or related consulting experience

• 8+ years’ experience in Asset Servicing, including knowledge of automated processing of complex Mandatory, Voluntary, Dividend, and Interest offers and events, through the various phases of the corporate actions lifecycle

• Proven track record managing large-scale projects in a financial institution or consulting firm

• Knowledge of corporate actions processing engine, TCS BaNCS, and entitlement activity processing systems, related to various Broadridge products including ADP, Gloss, IMPACT, DTC, and/or depository exposure to CDS, Clearstream, BNP, Citi, HSBC, with a strong understanding of straight-through processing, would be an asset

• 3+ years of experience using project management/collaboration tools, techniques and methodologies including Microsoft Project, JIRA, Confluence, Clarity PPM

• Intermediate to advanced user capability in Microsoft Office including Excel, Word, PowerPoint

Nice-To-Have Skills:

• Project Management or Business Analysis designation (e.g., PMP, CBAP)

Soft Skills:

• Excellent oral and written communication skills, with ability to influence and engage stakeholders at various levels.

• Experience managing multiple senior stakeholders, coordinating cross-functional project teams, running meetings, and preparing and delivering presentations and demonstrated ability to collaboratively work in a team environment under tight deadlines.

• Attention to detail and ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.

• Flexibility and ability to adapt quickly to changes in requirements

• Proactive problem solver

Best vs Average: The best candidate will have over 10 years of work experience in capital/global markets or related consulting experience, with at least 8 years in Asset Servicing. They would have a proven track record of managing large-scale projects in a financial institution or consulting firm and possess knowledge of corporate actions processing engines like TCS BaNCS and related systems. They would be an intermediate to advanced user of Microsoft Office and hold a Project Management or Business Analysis designation (e.g., PMP, CBAP). Additionally, they would have excellent communication skills, experience managing multiple senior stakeholders, and the ability to work in a fast-paced, dynamic environment. Experience in must have skillsets will be prioritized in shortlisting.

Degrees or certifications:

• An advanced degree or relevant equivalent experience

• Project Management or Business Analysis designation (e.g., PMP, CBAP)