Associate, Business Analyst, Markit Wire
Role Summary
Markit Group Limited (“Markit”), the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets, seeks an experienced business analyst to join its Markit Wire Business Analysis team.
SwapsWire is the innovative electronic network for dealers, inter-dealer brokers, prime brokers and buy-side clients to exchange trade data, confirm OTC transactions and achieve straight-through-processing (STP). Communication is direct with a counterpart and legal confirmations are in place within minutes of execution. The BA team continually expands product coverage and related horizontal processes.
Duties and Accountabilities
- Identify options for potential solutions, including assessment of technical and business suitability
- Use industry expertise to help define best-fit solutions
- Produce detailed business and functional requirement specifications from existing systems, previous drafts, and SME interviews
- Conduct gap analysis
- Integration of new and products and processes into the Markit Wire platform
- Provide input into user interface layouts and create mock-ups
- Utilise analytical tools to develop workflow and process flow diagrams
- Assist with acceptance and system testing
- Write and revise legal documentation, system documentation and support materials (e.g. functional specifications, product legal provisions, XML mapping specifications, user implementation guides, etc.
- Liaise with external clients to provide expertise and input where necessary
Business Competencies
- Bachelor’s degree or equivalent
- Proven experience as a business analyst or a desire to migrate into such role from a more technical background.
- Thorough understanding of the software development life cycle
- Strong interviewing skills
- Strong written and oral communication skills
- Analytical and well organized
- Careful attention to detail
- Proven ability to work independently
- Experience of XML and XSL transformations. A previous knowledge of programming will be considered in its place
- Expertise in MS Word, Excel, Visio, PowerPoint, XML Spy or similar
- Experience of requirements captire tools such tools a plus
- Strong understanding of technology, and its use in achieving STP in the financial services industry
- Able to work competently on his/her own or within a team, taking a project through complete lifecycle
- Commercial Awareness – Past experience with one or more of rates, equity or credit markets trading a plus
Personal Competencies
- Strong problem solving skills
- Flexibility and attitude to achieve tight deadlines
- Excellent written and oral communication skills
- Good interpersonal skills and ability to manage stakeholder relationships
- Strong team player who is comfortable working at all levels of the business and external stakeholders as required
- Travel to other Markit offices may be required
The Contact
Interested applicants should send their CV and a covering letter to careers.europe@markit.com citing "Associate, Business Analyst, MarkitWire" in the subject line.