Lead Business Analyst, Calypso Equity Swaps

G MASS are working with a global financial services firm is moving its equity swap business off an outsourced service and onto its own Calypso SaaS environment. They are looking for a senior business analyst to lead the analysis end to end, act as the firm’s expert voice opposite the implementation partner, and hand over a documented, SOX-compliant operating model that the BAU team can run and build on.

The role is office-based in New York five days a week, engaged through G MASS on contract, with a route to a permanent position.

What you’ll be doing

• Documenting exactly what the current outsourced service delivers, including the spreadsheet and VBA logic behind it, and capturing it in a form the firm owns.
• Working with senior business stakeholders to agree which activities will be run in-house after the move, then designing the procedures for each.
• Writing and maintaining requirements for single-name and basket swaps, and keeping a frequently shifting scope under control through a clear change process.
• Reviewing the implementation partner’s designs, estimates and change requests, and putting forward evidenced challenge where they fall short of the requirement or standard Calypso practice.
• Validating the full equity swap lifecycle in Calypso, from trade setup and resets through to collateral, settlement and accounting.
• Designing and running data migration, reconciliation of migrated data and the parallel run.
• Leading UAT with the business and assembling the evidence and sign-off pack that auditors will rely on.
• Building the risk and control matrix, retiring the spreadsheet as a control, and assigning any vendor-required controls to named internal owners.