Overview

Job Description:

Our investment banking client is looking for a Business Analyst for a consulting role for a Secondary Loan Trading project. The client is located in NYC.

PLEASE NOTE:

  • This is a W2 only, we are not accepting candidates who require a visa transfer
  • The position will be remote to begin

The BA is expected to deliver on the specific tasks and requirements. These tasks will include understanding and experience of following: Deal Closing, processing Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and external payments, collection of interest, Nostro & Past Due Reconciliation.

The Business Analyst is responsible for creating BRD, FRD and Design specs.

The role partners with a functional sponsor as well as various functional stakeholders. It requires leadership and coordination of various resources and the delivery of new process, procedures, and technology.

THE DAY TO DAY RESPONSIBILITIES:

  • Work with functional Operations (Back Office/ Settlements team) Finance / Data team and partner closely with IT development to define approaches, requirements and overall trade flow design.
  • Oversee the creation and approval of core project documentation including business requirements, functional requirements, technical specifications, user acceptance testing.
  • Documentation of all required meeting materials

THE SKILLS YOU NEED TO GET THE JOB:

  • Strong experience and background in secondary loan trading (middle to back office)
  • Must be a strong writer and communicator with experience writing BRDs and FRDs
  • Assist in design phase, coordinate with different teams as well as documentation of the trade flows
  • Experience working with various Broker/Dealer products including Stock Borrow/Loan, Equities, Bonds, Treasuries, ABS, MBS, Securitized Products, Repos/Reverse Rep

Understanding/Experience with :

  • Understanding of realized and unrealized PPairing or squaring off deals using WAC, FIFO, and LIFO methodologies
  • Calculate and pass unrealized P&L entries at EOD, using the market rate uploaded from external system
  • Support calculation and settlement of fees incurred in the process of each trade transaction
  • Support calculation of brokerage, perform trade date accounting, Generate funding memo
  • Generate payment messages on settlement
  • Prior experience in Waterfall and Agile Methodologies preferred
  • Prior experience in JIRA and SharePoint required
  • Ability to present well and communicate clearly
  • Ability to work across departments including IT, Operations and various Front and Back Offices
  • IHS Markets (ClearPar) and WSS, Bloomberg experience

– provided by DiceTracking

To Apply: https://www.jobg8.com/Traffic.aspx?L50QYonlxrgxA7LPsgs9uQf