What are the responsibilities and job description for the Business Analyst - Summit position at QUANTEAM - North America (RAINBOW PARTNERS Group)?
As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in the fields of Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 1,000 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Geneva, Lisbon, Porto and Casablanca.
Salary range : 120-160k Benefits
We are seeking for our client, a large international investment bank, an experienced IT Business Analyst with in-depth knowledge of Summit and expertise in Fixed Income to join a dynamic IT team supporting front-to-back-office processes.
Key Responsibilities:
- Collaborate closely with stakeholders (traders, sales, operations, etc.) to gather, define, and document business requirements.
- Draft detailed functional specifications for development teams.
- Develop and execute user test cases; coordinate go-live processes and validate system behavior.
- Scope and manage projects, report progress, and identify risks or issues.
- Deployment of new instruments.
- Optimization of PnL, Hedge, and market data workflows.
- Enhancement of settlement, confirmation, and clearing processes.
- Implementation of regulatory reporting and data quality initiatives.
- Addressing and improving business operation irregularities and methodologies.
- Provide efficient resolution of daily issues related to Summit functionalities (e.g., booking, pricing, market data, STP, settlements, reporting, etc.).
- Monitor trade workflows and ensure accurate regulatory and statement reporting.
Qualifications:
- Minimum 5 years’ experience in IT business analysis roles within the financial sector.
- Extensive expertise in Summit, with familiarity in Fixed Income, Treasury, and Credit products.
- Knowledge of Summit's STP processes for front-office and back-office workflows, including cashflows, accounting, operations, and settlements.
- Strong IT skills: experience with SQL queries (Sybase, Oracle, SQL Server), and familiarity with Windows/Unix scripting (Bash, Perl, Python).
- Analytical mindset with excellent problem-solving skills and attention to detail.
- Ability to manage multiple priorities in a fast-paced environment.
- Experience with C , C#, Python, XML, XSLT, or Excel VBA is a plus.
Salary : $120,000 - $160,000
