Lead Business Analyst - OTC Trade Settlements - Global Markets IT

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Groups performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business Line/Function

Global Markets IT is the complete gamut of IT solutions that facilitate and enable the Global Markets business of BNP Paribas. Within Global Markets IT, Trade Processing is the domain, which comprises of the range of asset-specific applications that manage the lifetime and workflow of deals right from their capture through to their settlement and reporting.

Job Title

Lead Business Analyst

Date

12 Feb 2025

Department

GMIT

Location:

Bengaluru

Business Line / Function

FX, Commo & Settlements

Reports To

(Direct)

Grade

(if applicable)

(Functional)

Number Of Direct Reports

Directorship / Registration:

NA

Position Purpose

We need a competent and proactive candidate to fulfil the role of a Business analyst for the global markets trade processing department. The application concerned is a fully integrated real-time settlement system that covers the four big steps that a Back Office system need to do – Payments, Announcements, Confirmations, and Accounting. This application consists of a .NET based front end communicating with backend written in Pro*C, PL/SQL and Python. The Database is Oracle 19c. As the business is growing, new functionalities and features need to be incorporated which not only exceed user expectations but also meet the stringent performance and security requirements. A successful candidate would have a unique opportunity to be part of a global team located across multiple locations (Mumbai, London and Paris) to analyze & implement large scale changes. The role offers a great opportunity to understand and strengthen capabilities across the capital markets technology landscape.

Responsibilities

Direct Responsibilities

• Lead the requirement analysis, validation and verification, ensuring that requirement documents are complete, concise, comprehensible and unambiguous.
• Communicate (verbal and written) with Back Office Users across geographies to gather and crystallize requirements.
• Elicit the requirement using use cases, scenarios, workflow analysis and produce business requirements / functional specifications.
• Manage requirement traceability matrix and track requirement status throughout the project.
• Assist in enforcement of Project deadlines, schedule and methodologies.
• Define and produce testing plan and participate in user acceptance testing.
• Suggest area of improvement in internal process along with possible solution.
• Balance technology and business issues and communicate appropriately with Business and technology experts.
• Effectively communicate project relevant information with management on regular basis.
• Manage requirement changes through effective use of change control mechanism.
• Should be able to perform data analysis with SQL and other organization tools.
• Liaise with Development teams to ensure accurate functional coverage and validate test scenarios. Carry out functional tests (with users if need be).
• Ensure all appropriate tests are of high quality and accuracy.
• Be available for Level 3 application support as and when needed by the Platform owner to investigate production issues and provide fixes/workaround to the L1 & L2 support team.
• Coordinate component releases in different UAT and end to end test environments.
  
  

Contributing Responsibilities

Technical & Behavioral Competencies

Essential Skills (will Be Assessed)

• A minimum of 12 years of IT business analysis experience in the Settlements domain. (not restricted to FX).
• Strong understanding on Settlement domain from booking layer to back-office settlement system. Preferably experienced with in-house developed system.
• Advance knowledge and experience using MS Office and Visio.
• Ability to communicate complex ideas in a clear, concise manner across functional and technical departments.
• Development of test scenarios and test cases, and testing activities necessary to assess the quality and completion of system implementations. Developing contingency plans wherever appropriate and required.
• Identifying opportunities for improvement and make constructive suggestions for change
  
  

Nice to have skills (would be given preference): -

• Knowledge of SWIFT format.
• Experience with Agile Project implementation.
• Good understanding of processes followed as part of Level 3 support.
  
  

Skills Referential

Specific Qualifications (if required)

Behavioural Skills: (Please select up to 4 skills)

Client focused

Ability to collaborate / Teamwork

Personal Impact / Ability to influence

Ability to synthetize / simplify

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to understand, explain and support change

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to anticipate business / strategic evolution

Ability to develop and adapt a process

Education Level

Bachelor Degree or equivalent

Experience Level

At least 12 years

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