Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead the migration of Fixed Income settlements to Calypso and shape configuration workflows.
- Company: Join a large Australian bank with a global presence and innovative projects.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a significant impact on financial operations while working with cutting-edge technology.
- Qualifications: 10+ years in Fixed Income, strong analytical skills, and hands-on Calypso experience.
- Other info: Collaborate with global teams and enhance your expertise in a dynamic environment.
The predicted salary is between 80000 - 100000 £ per year.
We are supporting a large Australian bank to migrate Fixed Income cash and securities settlement capabilities from a legacy platform on to Calypso. The program spans multiple regions (US, Europe, Australia, India) and covers a broad range of Fixed Income and Repo products.
The Senior Business Analyst will play a critical role in defining business requirements, analysing end-to-end settlement flows, and shaping Calypso configuration across workflows, task station, and reporting. This role requires deep expertise in Fixed Income products, settlement processes, SWIFT messaging, and hands-on experience with Calypso Back Office.
Responsibilities- Lead project for the migration of Fixed Income cash and securities settlements from the legacy platform to Calypso.
- Provide subject-matter expertise on settlement processes, market practices, and different custodian expectations.
- Document current-state and target-state settlement workflows, exception processes, and operational controls.
- Translate business requirements into functional, technical specifications for Calypso configuration, interfaces, and reporting.
- Work closely with global operations teams to validate processes across all regions.
- Support migration reconciliation with upstream/downstream systems.
- Design and implement Calypso Workflows, Task Station monitoring, STP rules for transfers/settlement instructions, Bond static setup.
- 10+ years of experience as a Business Analyst in Fixed Income, Securities Settlements, or Back Office Operations.
- Strong product knowledge across Bonds, FRNs, Discounted Securities, Structured Notes, and Securities Lending.
- Deep understanding of Repo (Bilateral, Triparty, Evergreen, Extendible).
- Hands-on experience with Calypso Back Office, including workflows, task station, settlement configuration, and reporting.
- Strong knowledge of SWIFT MT54x, MT515, MT527, MT569, MT56x message formats and settlement lifecycle events.
- Experience migrating settlement flows from legacy systems to Calypso or similar platforms.
- Solid understanding of corporate actions, coupon processing, and lifecycle events for Fixed Income instruments.
- Experience working with global operations teams across multiple time zones.
- Strong analytical, documentation, and communication skills.
- Exposure to Indian Govt bonds settlement along with FX-linked settlement flows.
- Calypso Collateral Manager integration for repos/SBL for GMRA/GMSLA.
- Prior involvement in multi-year platform simplification or transformation program.
Calypso Back Office Lead employer: Luxoft
Contact Detail:
Luxoft Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Calypso Back Office Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tech sectors, especially those who have experience with Calypso or Fixed Income. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Get ready for interviews by brushing up on your knowledge of SWIFT messaging and settlement processes. We recommend preparing some real-life examples of how you've tackled challenges in past roles, especially related to migration projects.
✨Tip Number 3
Showcase your expertise! When you get the chance to meet potential employers, don’t hold back on sharing your insights about Fixed Income products and your hands-on experience with Calypso. This will set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform. Let’s get you that Calypso Back Office Lead role!
We think you need these skills to ace Calypso Back Office Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in Fixed Income and Back Office Operations. We want to see how your skills align with the role, so don’t be shy about showcasing your hands-on experience with Calypso!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Calypso Back Office Lead position. We love seeing enthusiasm and a clear understanding of the migration process and settlement flows.
Showcase Relevant Experience: When detailing your work history, focus on your achievements in similar projects. We’re particularly interested in your experience with SWIFT messaging and migrating settlement flows, so make sure to highlight those!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Luxoft
✨Know Your Calypso Inside Out
Make sure you brush up on your Calypso Back Office knowledge. Be ready to discuss specific workflows, task station configurations, and how you've handled settlement processes in the past. The more detailed your examples, the better!
✨Master the Fixed Income Landscape
Since this role revolves around Fixed Income products, ensure you can confidently talk about Bonds, FRNs, and Repo types. Prepare to explain how these products interact with settlement processes and any challenges you've faced in previous roles.
✨SWIFT Messaging is Key
Familiarise yourself with SWIFT message formats like MT54x and MT527. Be prepared to discuss how you've used these in your past work, especially in relation to settlement lifecycle events. This will show your technical expertise and readiness for the role.
✨Global Operations Experience Matters
Highlight your experience working with global teams across different time zones. Share specific examples of how you've collaborated on projects or resolved issues with international stakeholders. This will demonstrate your ability to navigate complex operational landscapes.