Business Analyst

Position: Business Analyst

Location: Boston, MA***Onsite***

Duration: 1 Year

Position: Business Analyst Collateral & Reference Market Data

Experience: 7 8 Years

Job Description:

We are looking for an experienced Business Analyst with 7 8 years of experience in the Banking and Financial Services domain, particularly in Collateral Management and Reference/Market Data.

The ideal candidate should have a good understanding of collateral management processes, financial instruments, security reference data, and market data workflows.

The candidate will work closely with business stakeholders, technology teams, and operations to gather requirements, analyze business processes, and support technology solutions.

Key Responsibilities:

1. Gather, analyze, and document business requirements related to Collateral Management and Reference/Market Data.
2. Work with business stakeholders to understand collateral lifecycle processes, including collateral allocation, valuation, eligibility, margin calls, and reconciliation.
3. Analyze and support reference data management for financial instruments, securities, counterparties, and other financial products.
4. Understand market data processes, including pricing data, security identifiers, instrument attributes, and data validation.
5. Prepare Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), user stories, and process flow diagrams.
6. Collaborate with development and QA teams to ensure business requirements are translated into technical solutions.
7. Perform data analysis, identify data discrepancies, and support data quality and reconciliation activities.
8. Coordinate and execute User Acceptance Testing (UAT), including test scenarios, test cases, and defect tracking.
9. Work with cross-functional teams across Operations, Risk, Trading, and Technology.
10. Support implementation, production issues, and process improvements related to collateral and reference data platforms.

Required Skills & Qualifications:

• 7 8 years of experience as a Business Analyst in Banking / Financial Services.
• Hands-on domain experience in Collateral Management.
• Experience with Reference Data and/or Market Data management.
• Understanding of financial instruments, securities, asset classes, and counterparty data.
• Knowledge of collateral lifecycle, margin management, collateral valuation, and reconciliation processes.
• Experience in requirement gathering, BRD/FRD documentation, and stakeholder management.
• Good SQL knowledge for data analysis and validation.
• Experience with Agile methodologies, JIRA, and UAT.
• Strong communication and analytical skills.

Preferred Experience:

• Exposure to Investment Banking, Capital Markets, or Securities Operations.
• Familiarity with security master data, pricing data, and financial market data providers.
• Experience working with collateral management or reference data platforms.