Business Analyst IV

Pay Rate: $80-90.00



BUSINESS ANALYST - Client ICI Fixed Income Allocation Migration



Job Summary:



We are seeking a highly experienced and motivated Business Analyst to join our Broker Dealer Back Office team, with a focus on Client ICI Allocation process. The ideal candidate will have a strong understanding of Fixed Income/Syndicate allocation processes and the operational workflows involved in allocating Bulk trades across various fixed income products. Experience with or understanding of Client ICI allocation solutions is a plus.



Key Responsibilities:

• Ensure all Allocation reporting messages flow to Client ICI from MUFG internal system


• Analyze and document replacement of allocation message flow with Client ICI


• Analyze and document new allocation message flow from Client ICI to Client Trace.

Reconciliations:

• Support EOD Reconciliation processe to ensure Position (block) level reconciles between internal affirmation systems vs BPS positions.


• Support Intellimatch Reconciliation process to ensure Position (block) level reconciles between internal affirmation systems vs Murex positions.

Technical Support and System Analysis:

• Provide technical assistance to operations teams to resolve system-related issues.


• Collaborate with IT teams to troubleshoot technical issues, implement system enhancements, and support system integrations.

Business Analysis and Documentation:

• Author and analyze functional requirements for system enhancements and new functionality.


• Develop and maintain comprehensive business process documentation, including workflow diagrams, system configurations, and operational procedures.


• Collaborate with stakeholders to gather requirements and develop technical specifications for Client ICI solutions.

Data Analysis and Reporting:

• Design and support reports for allocations, including bulk positions and reconciliations.


• Analyze data to identify trends, discrepancies, and areas for process improvement in Fixed Income Allocation workflows.

Process Improvement:

• Identify areas for process improvement in collateral management operations and develop solutions to support business efficiency and effectiveness.


• Collaborate with stakeholders to implement process changes, monitor results, and ensure continuous improvement.

Required Qualifications:

• Bachelor's degree in Finance, Business Administration, Computer Science, or a related field.


• 5+ years of experience in allocations, operations, or a related field within a broker-dealer or investment banking environment, with a focus on business analysis.


• Strong understanding of Client allocation concepts and message flow processes.


• Business knowledge of Fixed Income products


• Strong understanding of business processes, operational workflows, and analytical skills.


• Experience with Trade management systems (e.G., Bloomberg, Client ICI) and Trade lifecycle systems (Client/Intellimatch)


• Excellent analytical and problem-solving skills with the ability to analyze complex allocation scenarios.


• Strong attention to detail and ability to work accurately in a fast-paced environment.


• Excellent communication and interpersonal skills with the ability to work with cross-functional teams.

Preferred Qualifications:

• Experience with or understanding of allocation application systems is a strong plus.


• Understanding of automation and technology solutions for allocation operational efficiency.


• Experience with agile methodologies and future-ready technologies.


• Proficiency in SQL for data extraction and analysis.


• Knowledge of securities operations, including settlement, custody, and reconciliation processes.