Business Analyst - VRC IT - Global Markets IT
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business line/Function:
The Global Markets business of BNP Paribas helps its corporate and institutional clients leverage capital markets across the globe for their financing, risk management and investment needs. This encompasses a wide range of financial products ranging from Foreign exchange to complex Equity Derivatives that are traded in financial markets across the globe 24/7. IT systems are integral to the business and are a key part of the value proposition to clients. These IT systems range from industry standard products for standard process automation to internally developed, often, market leading IT applications. The IT teams owning these IT systems are made up of functions that include Technical and Application production support, Business Analysis & Project Management, Development & Maintenance and Quality Control. BNP Paribas India Solutions is an equal partner in these IT functions along with colleagues in other locations including Paris, London, New York, Tokyo, Singapore & Hong Kong. This partnership ranges from sharing the IT workload, executing global strategy to owning global applications offshore. The technology and engineering landscape is wide, encompassing almost all techniques and platforms. It continues to evolve and transform with the market with the business continuing to invest in it.
Job Title:
Business Analyst
Date:
Department:
Position, Risk
Location:
Chennai
Business Line / Function:
GM IT
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Position purpose is to have business analyst with awareness on front/ middle/back office in investment banking and Risk & PnL systems. Need to work closely with developers and application users in V&RC IT team to cover target deliverables in application road map.
Responsibilities
Direct Responsibilities
- Work with different stakeholders across region to understand business requirements and priorities.
- Create functional specifications for each user story with user signoff following target governance process and fulfilling definition of ready for developers and testers.
- Owning application user stories backlog and ensuring frequent backlog grooming sessions to keep list up to date for upcoming sprints.
- Owning product and organizing stakeholder communication frequent basis to present status of deliverables and priorities in queue.
- Owning application knowledge library (wiki) and keep up to date in line with enhancements in each sprint.
- Contribute to release testing (UAT / Pre-Prod) and coordinating with users in signoff confirmation.
- Provide functional assistance to other team members.
- Participate in peer reviews of Functional Specs.
- Conduct user training sessions on applications and functionalities
- Train juniors in team in order to ensure knowledge sharing and backup.
- Provide functional support for analyzing production & non-production issues whenever required.
- Ensure all activities carried-out and solutions proposed, planned and delivered are compliant with Organization and Project policy guidelines.
Contributing Responsibilities
- Contribute towards innovation, suggest improvement in practices to be investigated
- Contribute towards initiatives to improve processes and delivery
Technical & Behavioral Competencies
Mandatory Skills:
- Experience as a Business Analyst in an IT company in the Finance domain working with users in capturing and analyzing business requirements.
- Experience in coordinating with stakeholders across different geographical locations in requirement analysis and progress reporting.
- Ability to explain business requirements easily and translate them into functional requirements with needful Functional specification documentation including test scenario specifications.
- Strong analytical and investigative skills - Understand and efficiently analyze information/requirements from multiple sources
- Knowledge of Capital Market activities & Financial Products (especially BOND, CDS, Futures, Futures Options, IR Products) in the context of Risk & PnL
- Knowledge of Trade Life Cycle and familiarity with financial products Data and cash flows.
- Understanding of Front Office/Middle Office/ Back office functions.
- Sufficient knowledge in SQL to retrieve and analyze data
Good Communication and Team Player
Optional Skills
- Knowledge on Python, Excel, Visio would be a plus
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Organizational skills
Communication skills - oral & written
Ability to collaborate / Teamwork
Attention to detail / rigor
Transversal Skills: (Please select up to 5 skills)
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Education Level:
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
Discover the different professions within BNP Paribas: IT, Tech and Data
BNP Paribas is not just a financial services group. We’re also a tech company. Information systems, data and tools are central to our DNA, and offer a very broad range of career opportunities!
Find out moreWhy should I apply?
Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
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What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
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Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
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At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.