At a Glance
- Tasks: Collaborate with teams to enhance billing systems and manage innovative projects.
- Company: Join DTCC, a leader in financial market innovation.
- Benefits: Competitive pay, health benefits, flexible work model, and professional development opportunities.
- Other info: Diverse workplace committed to employee growth and success.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: Experience in business systems analysis and strong communication skills required.
The predicted salary is between 50000 - 60000 £ per year.
Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact.
We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits
- Pension
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The impact you will have in this role:
The Strategic Management & Governance family is responsible for serving as a dedicated technology resource for advancing the firm's business opportunities and providing industry thought leadership for leveraging new technologies. Manages significant programs and projects including strategic change management, new business and product initiatives, process re-engineering, and all general business management initiatives. The Business Systems Analysis role specializes in acting as the primary interface between Technology and specific business / product areas, identifying, documenting and analyzing business requirements, creating detailed project and process specifications, coordinating with project teams.
Your Primary Responsibilities:
- Partner with Billing/Finance stakeholders to elicit, analyze, and document functional requirements for ORMB enhancements and BAU changes.
- Own functional design for ORMB pricing and billing capabilities, including fees, subscriptions, exchange rates, charging methodologies, and the setup/maintenance of Price Items (fee types), Pricing Parameters, Pricelists (per Product/Division), and Rate Schedules.
- Define and support ORMB configuration and maintenance using ORMB screens, including ongoing updates to fee/pricing configurations as part of BAU.
- Support ORMB’s file-based interfaces and operational processes, including the ORMB Migration Data Set Import/Export functions.
- Ensure changes follow required ORMB standards and IT governance, including that fee updates go through the ORMB approval process.
- Create/maintain test approach and execute/support validation for releases, including ORMB UI/config verification such as Price List/Price Assignment, Rate Schedule/Rate Components, and Entity Hierarchy checks.
- Support regression/UAT readiness by validating key billing flows such as uploading transaction data, executing TFM batch and Trial batch jobs, and reconciling billable units/amounts/GL amounts against downstream billing reports.
- Coordinate across IT and business partners to communicate scope, impacts, and readiness (e.g., release/regression scope alignment and approvals).
- Troubleshoot functional issues and data discrepancies in ORMB during BAU and release cycles, document findings and drive resolution with technical teams.
Qualifications:
- Minimum of 4 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed For Success:
- Strong ORMB functional depth in pricing/billing setup, including Price Items, Billable Charges, FX rates, Pricelists, Price Assignments, and Rate Schedules.
- Ability to think in both business outcomes and system mechanics—translating stakeholder needs into ORMB configuration and testable requirements.
- Detail-oriented and data-comfortable: able to validate outcomes by reconciling billable units/amounts/GL amounts across outputs and reports.
- Release-minded execution: comfortable operating inside structured release/regression routines and ensuring scope is clear and approved.
- Clear communicator who can work effectively across Finance and IT teams.
- Ownership mentality: anticipates downstream impacts, documents decisions, and drives issues to closure without needing repeated follow-ups.
- Comfort with operational interfaces/processes (e.g., file-based feeds and batch-driven workflows) and the discipline to validate inputs/outputs end-to-end.
We offer top class training and development for you to be an asset in our organization! We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Business Systems Associate employer: Depository Trust & Clearing Corporation
At DTCC, we pride ourselves on being an exceptional employer, offering a dynamic and supportive work environment in the heart of London. Our commitment to employee growth is reflected in our comprehensive training programmes and flexible hybrid work model, allowing for a healthy work-life balance. With competitive compensation and a focus on well-being, we empower our employees to make a meaningful impact in the financial markets while fostering a diverse and inclusive workplace culture.
Contact Details:
Depository Trust & Clearing Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Systems Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Depository Trust & Clearing Corporation. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Systems Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Depository Trust & Clearing Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Depository Trust & Clearing Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Depository Trust & Clearing Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Depository Trust & Clearing Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Depository Trust & Clearing Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Depository Trust & Clearing Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
