What are the responsibilities and job description for the Full Time Only: Business Analyst (Repo Trade) position at Visionary Innovative Technology Solutions LLC?
Position: Business Analyst (Repo Trade)
Job Location: Jersey City, NJ-Hybrid
Duration: Full Time
Skills:
Mandatory Skills : Capital Markets (incl. Derivatives)
Job Description:
- Business requirements analysis and translation into appropriate technology system change requirements specifically with Repo Trade Capture and Positions Inventory management
- Tracking technology deliveries against the roadmap and stakeholder communication
- Candidate is expected to be expert in either of the 3 streams
- Repo eTrading Collateral Optimization or Term Repo Lifecycle Management Projects
- Prepare Global BRDs consolidating regional requirements into common solutions
- Ensure traceability of test cases to business requirements
- Maintain Key Relationships with stakeholders and give project status updates
- Run Development Scrums and Update JiraConfluence documentations as needed
Skills and experience
- Prior experience working with Financial Markets as a BA is a must
- Experience with Triparty Repo Borrow vs Pledge or Securities Lending transactions is a plus
- Basic understanding of Fixed Income assets like Bonds Mortgage and Agency backed securities US Treasuries like TNotes and TBills is needed
For eTrading
- Understanding of RFQ Rate Negotiation eTrading Trade capture STP concepts with respect to Repo and ReverseRepo transactions is great advantage
- Exposure to ETrading Markets like DealerWeb BBG BGC GLMX Tullett Tradition and ION product will be a plus
For Collateral Optimization
- Exposure to backoffice clearing and settlement processing
- Exposure to haircuts margin processing and collateral optimization areas
For Term Repo
- Understanding of repolife cycle
- Exposure to different repo transactions
- Additional exposure to Market Risk and General Collateral Curves is a plus
- Moderate Relational Databases and SQL skills
- Strong communication skills interpersonal skills and ability to facilitate meetings with teams and business stakeholders is needed
- Expert in MS Office toolset like Excel MS word and PowerPoint is a must