Business Analyst, Mid-Level

About The Company

EPAM Systems, Inc. is a leading global provider of digital platform engineering and software development services. Renowned for its innovative approach and commitment to excellence, EPAM partners with clients across various industries to deliver tailored technology solutions that drive business growth and transformation. With a strong emphasis on fostering a diverse and inclusive work environment, EPAM continuously invests in its people and cutting-edge technologies to maintain its position at the forefront of the digital revolution.

About The Role

We are seeking a Mid-level Calypso Business Analyst to join our dynamic team in a hybrid working environment. In this pivotal role, you will operate at the intersection of technology and business, supporting a prominent global financial institution with its front-to-back Calypso implementation and collateral/liquidity management processes. This is a consulting-driven position that requires partnering with client stakeholders to gather and analyze functional requirements, translating them into strategic solutions that enhance clearing operations and ensure regulatory compliance. The ideal candidate will have a strong background in financial markets, particularly in derivatives and collateral management, with proven experience in delivering complex projects within agile or hybrid methodologies.

Qualifications

• Minimum of 5 years of experience as a Business Analyst working on Calypso platforms
• Deep understanding of derivatives products and trade lifecycle management
• Solid knowledge of collateral lifecycle processes and clearing workflows
• Experience with Agile or hybrid delivery models, utilizing tools like JIRA
• Excellent communication skills, capable of engaging with senior stakeholders
• Proven ability to produce clear requirements documentation and test cases
• Experience developing and executing User Acceptance Testing (UAT) and regression testing plans
• Familiarity with regulatory frameworks such as EMIR, Dodd-Frank, or similar
• Previous consulting experience in capital markets technology transformation is a plus

Responsibilities

• Deliver change initiatives to the Calypso-based collateral and liquidity management platform, ensuring alignment with client needs and regulatory requirements
• Partner with client stakeholders to capture, validate, and document comprehensive business requirements
• Translate user stories into detailed functional specifications for development and QA teams
• Manage the end-to-end delivery cycle from initial analysis through implementation and post-implementation validation
• Develop and execute User Acceptance Testing (UAT) and regression testing plans to ensure quality and functionality
• Facilitate workshops with front, middle, and back-office teams to identify process improvements and streamline workflows
• Provide clarification and guidance on functional queries to development teams during project lifecycle
• Drive compliance with evolving regulatory and market-driven changes, ensuring systems and processes remain aligned with industry standards

Benefits

• Subsidized Medical, Dental, and Vision Insurance
• Health Savings Account (HSA) and Flexible Spending Accounts (FSA) for healthcare, dependent care, and commuter expenses
• Company-provided Short-Term and Long-Term Disability Insurance
• Life and AD&D Insurance
• Employee Assistance Program (EAP)
• Unlimited access to LinkedIn Learning for professional development
• Matched 401(k) Retirement Savings Plan
• Paid Time Off (PTO), accruing between 15-25 days depending on tenure and level
• Paid Holidays (nine per year)
• Legal Plan and Identity Theft Protection
• Additional benefits including Accident Insurance, Employee Discounts, Pet Insurance, and Employee Stock Purchase Program
• Participation in discretionary annual bonus and Long-Term Incentive (LTI) programs, subject to eligibility
• Remote work opportunities available in New York City

Equal Opportunity

EPAM Systems, Inc. is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. We do not discriminate against any individual based on race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, marital or familial status, national origin, genetics, age, disability, veteran status, citizenship, or any other characteristic protected by law. Employment decisions are made based on individual qualifications and merit. We strive to foster a workplace where everyone feels respected, empowered, and able to contribute to their fullest potential.