Lead Business Analyst
Summary
A permanent Lead Business Analyst role in Sydney supporting trading and post-trade platforms on the Calypso trading & risk platform, covering the full trade lifecycle across Front Office, Middle Office (risk/valuation/collateral) and Back Office (clearing/settlement) for asset classes like FX, Rates, Derivatives, Repos and Fixed Income. Requires 8+ years' experience in BA work within regulated cap
Salary: $180,000 – $200,000 per year
Role– Lead Business Analyst
Occupation – ICT Business Analyst
Entity – Coforge Technologies Pty Ltd
Location – Sydney
Duration Permanent
Experience – 8+ Years
Description
We are seeking an experienced Lead Business Analyst to support critical trading and post-trade platforms within a financial market's technology environment. This role involves hands-on business analysis across Calypso modules covering the end-to-end trade lifecycle, including Front Office trading, Middle Office risk, valuation, and collateral, and Back Office clearing, settlement, and confirmations.
The role supports asset classes such as Rates, FX, Derivatives, Repos, and Fixed Income products, with a strong emphasis on post-trade processing, regulatory compliance, and operational stability. The successful candidate will work closely with business stakeholders, architects, developers, and vendors to analyze and document functional requirements, validate system behavior, and deliver resilient, scalable solutions aligned with regulatory and market infrastructure requirements. The role operates within Agile delivery frameworks and contributes to continuous improvement across development, enhancement, and BAU support initiatives.
Key Responsibilities
Roles & Responsibilities
Act as a hands-on Business Analyst across Calypso Front Office, Middle Office, and Back Office modules, supporting the end-to-end trade lifecycle
Elicit, analyze, and document business, functional, and non-functional requirements for trading and post-trade processes
Work closely with business users to understand trade capture, risk, valuation, collateral management, clearing, settlement, and confirmations workflows
Translate business requirements into Calypso functional specifications, configuration requirements, and system behavior
Support asset classes including Rates, FX, Fixed Income, Derivatives, and Repos, ensuring correct lifecycle processing and controls
Analyze and support post-trade and regulatory processes, including confirmations, settlements, margining, reconciliations, and reporting
Partner with architects and developers to ensure solutions align with Calypso architecture, standard product capabilities, and best practices
Support calypso configuration and customization, including workflows, trade attributes, pricing components, and reference data
Perform impact analysis for change requests, regulatory updates, and product upgrades
Support testing activities, including functional testing, UAT support, test scenarios validation if needed, and defect triage
Ensure solutions meet regulatory, risk, operational resilience, and audit requirements
Contribute to Agile delivery ceremonies and continuous improvement initiatives
Tools, Platforms & Skills Required
Primary Platform
Calypso Trading & Risk Management Platform
Front Office (Trade Capture, Pricing)
Middle Office (Risk, Valuation, Collateral Management)
Back Office (Confirmations, Settlement, Accounting integration)
Exposure to Calypso Automated Testing Tool (CATT) for understanding automated functional test scenarios, validating business workflows, and supporting UAT/test execution activities.
Capital Markets & Domain Knowledge
Trade lifecycle knowledge across execution, confirmation and settlement
Asset classes: Rates, FX, Fixed Income, Derivatives, Repos
Post-trade processes: clearing, margining, settlements, reconciliations
Regulatory awareness (e.g., trade reporting, risk controls, operational resilience)
Business Analysis & Documentation Tools
Requirements documentation tools (e.g., Confluence, SharePoint)
Agile tracking tools (e.g., JIRA, Azure DevOps)
Process modelling (e.g., Visio, workflow diagrams)
Testing & Support
Test cases validation and UAT support
Technical & Integration Awareness
Understanding of system integrations, interfaces, and message flows
Familiarity with market data feeds, reference data, and downstream systems
Basic understanding of SQL for data analysis and validation (optional but preferred)
Ways of Working
Experience working in Agile / Scrum delivery environments
Strong stakeholder management and communication skills
Ability to operate effectively in complex, regulated financial services environments