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.