Mid-level Calypso Business Analyst

EPAM Systems
New York, NY

We're looking for a Mid-level Calypso Business Analyst to join our team in a hybrid working mode. In this role, you will work at the intersection of technology and business, supporting a global financial institution with its front-to-back Calypso implementation and collateral/liquidity management processes. This is a consulting-driven position where you’ll partner with client stakeholders, gather functional requirements, and deliver strategic solutions to enhance clearing operations and regulatory compliance.

As part of a highly skilled project team, you will leverage your Calypso expertise to optimize derivative trading workflows and ensure seamless trade lifecycle management, adding measurable value to core business functions.

Deliver change initiatives to the Calypso-based collateral and liquidity management platform Partner with client stakeholders to capture, validate, and document business requirements Translate user stories into functional specifications for development and QA teams Manage the end-to-end delivery cycle from analysis to implementation and post-implementation validation Develop and execute User Acceptance Testing (UAT) and regression testing plans Facilitate workshops with front, middle, and back-office teams to improve processes Provide clarification and guidance on functional queries for the development team Drive compliance with regulatory and market-driven changes 5 years of experience as a Business Analyst on Calypso platforms Strong understanding of derivatives products and trade lifecycle management Solid knowledge of collateral lifecycle processes and clearing workflows Experience in Agile or hybrid delivery models with tools like JIRA Excellent communication skills and ability to engage with senior stakeholders Proven ability to produce clear requirements documentation and test cases Experience with tri-party collateral arrangements and collateral optimization strategies Familiarity with clearing house operations and settlement processes Understanding of EMIR, Dodd-Frank, or similar regulatory reporting frameworks Previous consulting experience in capital markets technology transformation
Posted 2026-06-26

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