Job Title:
Business Analyst

Company: Aegistech

Location: New York City, NY

Created: 2024-04-24

Job Type: Full Time

Job Description:

We are hiring a Business Analyst Consultant (W2 only, no exceptions) for a role to document and strengthen the support model for our client's Middle Office processing for US Govt Trading. This role requires a deep understanding of the functions, obligations and reporting requirements for market participants. You will work closely with the bank's management team and liaise with relevant regulatory bodies to provide sustainable solutions for Broker-Dealer Middle Office processing and Regulatory Reporting. This requires a blend of financial market expertise, regulatory knowledge and analytical capabilities to effectively support the broker-dealer's efforts.Be one of the first applicants, read the complete overview of the role below, then send your application for consideration.PLEASE NOTE: THIS IS A HYBRID WORK ENVIRONMENT - all candidates must live in commuting distance to the NYC Office.Candidates must be on Aegistech's W2.CORE RESPONSIBILITIES:Oversee the creation and approval of Core Project Documentation including Business Requirements, Functional Requirements, Technical Specifications, User Acceptance Testing.Documentation of all required meeting materials.Risk and issue identification, communication and resolution.Work with functional leads and front-to-back stakeholders in the development of workstream strategy and delivery.Objectives planning, defining scope and deliverables.Project plan development including activity planning, sequencing and resource managementTHE DAY TO DAY JOB RESPONSIBILITIES:Maintain in-depth knowledge of the Regulatory requirements such as TRACE, FR2004 reporting.Assess the broker-dealer's current capabilities, systems (Broadridge Impact/Bloomberg) and processes to identify gaps that need to be addressed to meet necessary onboarding requirements.Develop a comprehensive onboarding plan and timeline for the broker-dealer to onboard new market participants, including the necessary steps and milestones.Collaborate with relevant Regulatory bodies to understand the application process, reporting requirements, and ongoing obligations for the market participants.Facilitate the information gathering and documentation submission required by the regulatory bodies for the broker-dealer's onboarding process.Provide training and support to the broker-dealer's teams on the reporting requirements, communication protocols, and other program-related processes.Continuously monitor the broker-dealer's performance and compliance during the onboarding process, and work with the management team to address any issues or concerns.Identify areas for process improvement in the market participant onboarding and support, and work with stakeholders to implement system and procedural enhancements.Serve as the Subject Matter Expert on market participant onboarding, providing guidance and training to other team members as needed.THE SKILLS YOU NEED TO GET THE ROLE:Experience working for a Securities Broker-Dealer.5+ years in a similar Business Analyst or Market Operations role.Thorough understanding of Financial Markets, Regulatory Requirements and Onboarding Processes.Demonstrated experience in onboarding and supporting new market participants.Strong analytical and problem-solving skills, with ability to interpret complex data and identify meaningful insights.Excellent communication and stakeholder management skills, with the ability to translate technical information for non-technical audiences.Proficiency in Data Analysis Tools - such as Excel, SQL, and Business Intelligence softwareExperience in process improvement and project management.Experience delivering large multi-functional projects.Experience in the development of program documentation.Ability to present well and communicate clearly.Ability to multitask and work in a team environment.Excel, Word, PowerPoint skills are a requirement.After you've applied, connect directly to the recruiter at /in/pspankaj#Aegis