Senior Business Analyst

We are

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron's progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 58 offices in 21 countries within key global markets.

Our challenge

We are looking to hire a highly driven senior business analyst to assist the company to improve business efficiency. The senior business analyst's responsibilities involve developing new business strategies and models, communicating to management on how these strategies and models will enhance business efficiency, and creating monthly reports on the performance of the business. Candidate should also be able to utilize the monthly reports to identify business areas in need of improvement.

Additional Information

The base salary for this position will vary based on geography and other factors. In accordance with law, the base salary for this role if filled within Jersey City, NJ is $85k - $95k/year & benefits (see below).

The Role

Responsibilities:

• Collaborate with business stakeholders to gather, analyze, and document business requirements.
• Translate business requirements into technical specifications and user stories, ensuring alignment with overall business objectives.
• Conduct feasibility studies and impact assessments to evaluate proposed technical solutions.
• Work closely with software developers, architects, and other technical teams to design and implement solutions that meet business needs.
• Create and maintain detailed documentation, including requirements documents, process flows, and technical design documents.
• Facilitate meetings and workshops with stakeholders to elicit requirements, discuss technical solutions, and gather feedback.
• Perform data analysis and modeling to support business decision-making and identify opportunities for process improvement.
• Ensure that technical solutions align with industry best practices, standards, and regulatory requirements.
• Provide support and guidance to development teams throughout the software development lifecycle, from requirements gathering to implementation and testing.
• Stay up to date with emerging technologies and trends in the industry and make recommendations for innovation and improvement.

Requirements:

You are:

• Must have experience with (Credit Risk) with Capital Markets understanding, Derivatives, Swaps, Options, FIX, FI, FX, multiple asset classes knowledge, strong understanding of data elements, data analysis, worked in an environment to liaise with business and development teams, good in documentation.
• Ability to explain and manually calculate P&L, Risk concepts
• Good knowledge of full trade lifecycle viz., deal capture, downstream flows, PL & Risk management, accounting, settlements etc.
• Be able to understand system interfaces and experience in understanding different messaging formats viz., xml, fpml, json...
• Knowledge of other products like commodities, equities is a plus but not a requirement

Desired Skill:

• Preferred to have banking experience in the past.

We can offer you:

• A highly competitive compensation and benefits package
• A multinational organization with 58 offices in 21 countries and the possibility to work abroad
• Laptop and a mobile phone
• 10 days of paid annual leave (plus sick leave and national holidays)
• Maternity & Paternity leave plans
• A comprehensive insurance plan including: medical, dental, vision, life insurance, and long-/short-term disability (plans vary by region)
• Retirement savings plans
• A higher education certification policy
• Commuter benefits (varies by region)
• Extensive training opportunities, focused on skills, substantive knowledge, and personal development.
• On-demand Udemy for Business for all Synechron employees with free access to more than 5000 curated courses
• Coaching opportunities with experienced colleagues from our Financial Innovation Labs (FinLabs) and Center of Excellences (CoE) groups
• Cutting edge projects at the world's leading tier-one banks, financial institutions and insurance firms
• A flat and approachable organization
• A truly diverse, fun-loving and global work culture

S YNECHRON'S DIVERSITY & INCLUSION STATEMENT

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative 'Same Difference' is committed to fostering an inclusive culture - promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant's gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.