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Allen Rose Group

Allen Rose Group is hiring: Business Analyst - Front Office Capital Markets in N

Allen Rose Group, New York, NY, United States


Job Description The Global Markets Pre-Trade IT team is responsible for providing Global Macro (Rates, FX), Equity/Securities Lending and Credit businesses with reliable and time-sensitive IT solutions to meet their needs. The team is involved in the different phases of application development: user needs collection, analysis, design, implementation, delivery, support, and maintenance, within an agile framework. One of the main applications supported by the team (Trafic) is used for pricing (bonds), booking (bonds, CLOs, rate futures, repos, loans) of manual and electronic trades, reporting (TRACE reporting to FINRA). This application is developed in-house by a dedicated team of ~20 persons in Head Office (Paris/Porto), with smaller teams in HK and NY to address local needs. Within the NY Pre-Trade IT team, we have 5 persons dedicated to Trafic: 1 person in charge of Trafic support, 1 business analyst and 3 developers (1 based in NY and 2 in Porto). We are looking for an experienced IT business analyst with good knowledge of Fixed Income products (UST, repos, loans), pricing and booking concepts.The candidate will focus on gathering requirements from Trafic users, write business requirements, liaise with IT developers, define, and execute test scripts and coordinate with end-users for UAT. The candidate will also help with planning and status reporting. This position implies a close relationship with a lot of stakeholders, including traders, middle and back-office teams, other IT teams (developers and business analysts), compliance and risk teams. Essential Duties and Responsibilities: The role of the Business Analyst will be to drive the evolution of Trafic in NY to meet local needs and requirements, performing the following actions: Work closely with Trafic main users (traders, Trade Support / Operations users) as well as other departments (Market Risk, Operational Risk teams) to understand the needs and requirements around Trafic in NY. • Work closely with Trafic IT team in Head Office. • Formalize business requirements. Translate those requirements into development tasks. • •• Define and execute test scripts. • Coordinate user acceptance tests with users. • Document. • Be a facilitator between end-users and L1 Support team to address support issues; provide support Level 1-2. Requirements • 5 years as a business analyst for front office. Excellent communication skills with the ability to interact effectively with both technical and non-technical stakeholders. • Excellent knowledge of bonds (especially UST), repos. • Good knowledge of loans. • Very good knowledge of bond pricing and booking concepts. • Ability to prioritize and multi-task in a fast-paced environment. • Ability to understand complex IT systems. • Experience of project management and agile development. • Experience to work a market marking desk on UST is a plus.