Business Analyst (OTC/Derivatives)

Additional Information

To know more on this opportunity or to schedule an interview, please contact:

Laidiza Gumera

973-774-7804

laidiza.gumera(at)collabera.com

Company Description

Established in 1991, Collabera has been a leader in IT staffing for over 22 years and is one of the largest diversity IT staffing firms in the industry. As a half a billion dollar IT company, with more than 9,000 professionals across 30+ offices, Collabera offers comprehensive, cost-effective IT staffing & IT Services. We provide services to Fortune 500 and mid-size companies to meet their talent needs with high quality IT resources through Staff Augmentation, Global Talent Management, Value Added Services through CLASS (Competency Leveraged Advanced Staffing & Solutions) Permanent Placement Services and Vendor Management Programs. 

Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.

Job Description

Contract Duration: 12 months

Pay rate: $24.50/hr

Selected candidate will join the reconciliation team. 

Key Responsibilities 

This is a very dynamic and evolving function with a significant transformational element. The team have to quickly gain credibility and operational excellence in its own service offering whilst at the same time build multi-functional relationships both within the client operation's but also into our client base. 

Key responsibilities include: 

• Become proficient in the reconciliation process 

• Be a change agent, leading and delivering upon change initiatives within the context of the reconciliation function 

• Partner with the other regional teams to help move this team into a true global service model 

• Pro-actively challenge the status quo, identify and drive change to improve upon the current model 

• Inject governance, reporting and transparency into the day to day activities 

• Negotiate delicate decision points around client on-boarding choices using a commercial, control and pragmatic mind-set 

• Be a change agent, leading and delivering upon change initiatives within the context of the reconciliation function 

Competencies 

Strategic Thinking 

• Focuses strategies on delivering superior value to clients 

• Translates strategies into plans that can be effectively executed 

Business Results 

• Anticipates risks and obstacles and devises plans to manage them 

• Pursues aggressive goals and continuously raises performance expectations to achieve excellence 

• Appreciates the cost impact of actions and is commercial in decision-making 

• Promotes continuous learning and development 

People Leadership 

• Encourages and listens to the contributions of others in order to reach the right decision 

• Makes sure there is a frank and open exchange of ideas among team members 

• Makes decisions based on what is good for the whole organization, not just his/her business unit 

Personal Effectiveness 

• Takes personal ownership for delivering superior services to clients 

• Makes tough decisions when they are needed and acts quickly in getting things done 

• Demonstrates the courage to express or defend unpopular decisions 

• Maintains a constructive, positive outlook even when plans are thwarted 

Planning and Organisation 

• Manages own time well, agreeing priorities. Multi-tasks effectively, work well under pressure and meets tight and changing deadlines. 

• Organises and runs effective meetings and workshops 

Communication Skills 

• Communicates clearly and concisely, verbally and in writing, at all levels within the organization 

Qualifications

Skills / Experience 

Essential: 

• Previous Middle Office or Operations experience 
  
• Familiarity with markets products ideally in more than one asset class
  
• Structured and logical thinker 
  
• Delivery focused, driven to improve 
  
• Partnership and communication skills 
  
• Presentation skills, able to summarise messages 
  
• Strong assertiveness, listening, influencing and diplomacy skills. 
  
• Ability to run effective meetings 
  
• Self-motivated. 
  
• Competent with MS products: Word, Excel, PowerPoint, Project and Visio. 
  
• Proven track record (5+ years) of delivering projects to plan and ability to manage multiple priorities 
  
• Strong assertiveness, listening, influencing and diplomacy skills. 
  
• Ability to run effective meetings, work shops and off-sites with different levels of management. 
  
• Self-motivated. 
  
• Competent with MS products: Word, Excel, PowerPoint, Project and Visio. 
  
• Knowledge of structured project management methods (e.g. PMBOK) 
  
• Knowledge of structured business analysis (e.g. 6 Sigma) 
  
• Experience of working in Financial Services, especially Investment Banking 
  
• Product Knowledge: Collateral Management, Client Valuations 
  
• Knowledge of Middle Office and Back Office processing (trade capture, confirmation, settlements, lifecycle management, asset servicing)