At a Glance
- Tasks: Join our team as a Business Analyst, focusing on OTC derivatives and enhancing financial workflows.
- Company: Be part of Charles River Development, a leader in investment management software since joining State Street.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation in finance technology.
- Why this job: Contribute to cutting-edge solutions that shape the future of OTC derivatives and investment management.
- Qualifications: Bring your expertise in asset classes and system analysis; a degree in Computer Science or Maths is preferred.
- Other info: This role offers a chance to influence product development and collaborate with top industry professionals.
The predicted salary is between 72000 - 108000 £ per year.
OTC derivative expert/business analyst to work within our product team and bring industry best practices in front to back workflows for OTC derivatives. This role involves understanding complex financial instruments, analyzing current systems, and designing components for future solutions.
The team you will be joining is a part of Charles River Development (CRD), which became a part of State Street in 2018. CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management, and hedge funds. Together we have created the first open front-to-back platform - State Street Alpha, launched in 2019.
Join us if delivering next generation infrastructure, using emerging technologies sounds like a challenge you are up for.
As an OTC Derivatives Cross Asset Business Analyst, you will have:
- Expertise in one or more of the following asset classes: Rates, Credit, Equity, FX, Commodities.
- Front to back experience, from trade capture to execution, and life cycle events.
- System analysis and maintenance experience including the ability to analyze and maintain existing legacy OTC systems used for OTC derivatives in various asset classes.
- Triage support issues for the product team identifying them as either bugs or systems enhancements.
- Design expected solutions for the development team to implement.
- Collaborate with experienced developers to understand system requirements and functionalities.
- Experience leading the design and development of new components for the next generation of OTC derivatives solutions.
- Ability to work closely with developers to provide business insights.
- Experience to lead and take responsibility for cross functional success of all new products and solutions within the OTC and derivatives space.
- Design, documentation, and solution execution experience with the ability to address identified business problems and help execute on with product managers for launches of new products.
- Influence over the long-term roadmap and developing strategies that promote objectives for CRD's over-the-counter market trading services.
- Ability to track and synthesize OTC industry and ecosystem competition and evolution, including shifts in technology, new business offerings, regulatory changes, developments in execution models and other overarching factors that may affect CRD's opportunities and commercial models.
- Proficiency in validating new market opportunities for the CRD products and solutions.
What we value:
- Strong analytical skills with the ability to collect, absorb and analyze information quickly and independently.
- Excellent executive level communication skills.
- Strong interpersonal skills: proven ability to work collaboratively with a wide range of individuals at all levels of an organization.
- Strong individual contributor with high motivation, the ability to take direction as well as take initiative, set priorities, and perform tasks with minimal guidance and oversight.
- Proven ability to develop and manage cross functional processes and project timelines.
- Excellent follow-through, attention to detail and time management skills.
- Ability to develop recommendations, form judgments and make decisions based on existing available data.
Education & Preferred Qualifications:
- Extensive commercial experience at an OTC platform, Derivatives Exchange, Trading firm or other relevant financial services company.
- BSc in Computer Science, Engineering or Maths preferred.
OTC Derivatives Cross Asset Business Analyst, Charles River Development, Vice President employer: State Street Corporation
Contact Detail:
State Street Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land OTC Derivatives Cross Asset Business Analyst, Charles River Development, Vice President
✨Tip Number 1
Familiarise yourself with the latest trends and technologies in OTC derivatives. Understanding emerging technologies and how they impact front-to-back workflows will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the OTC derivatives space, especially those who have experience with Charles River Development. Engaging with current employees can provide insights into the company culture and expectations for the role.
✨Tip Number 3
Prepare to discuss specific examples of your experience with system analysis and maintenance. Be ready to explain how you've identified bugs or enhancements in previous roles, as this will demonstrate your problem-solving skills.
✨Tip Number 4
Showcase your ability to collaborate with developers by discussing past projects where you provided business insights. Highlighting your cross-functional teamwork will illustrate your fit for the collaborative environment at CRD.
We think you need these skills to ace OTC Derivatives Cross Asset Business Analyst, Charles River Development, Vice President
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the OTC Derivatives Cross Asset Business Analyst position. Familiarise yourself with the key asset classes mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in OTC derivatives, system analysis, and any front-to-back workflow expertise. Use specific examples that demonstrate your analytical skills and ability to work collaboratively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of the OTC derivatives market and how your background aligns with the goals of Charles River Development.
Highlight Relevant Skills: In your application, emphasise your strong analytical skills, communication abilities, and experience with cross-functional processes. Provide concrete examples of how you've successfully managed projects or contributed to product launches in the past.
How to prepare for a job interview at State Street Corporation
✨Showcase Your OTC Derivatives Expertise
Make sure to highlight your knowledge of various asset classes such as Rates, Credit, Equity, FX, and Commodities. Be prepared to discuss specific examples from your experience that demonstrate your understanding of front-to-back workflows and complex financial instruments.
✨Demonstrate Analytical Skills
Prepare to showcase your strong analytical skills by discussing how you've previously analysed and maintained legacy OTC systems. Bring examples of how you triaged support issues and designed solutions for development teams, as this will illustrate your problem-solving capabilities.
✨Communicate Effectively
Since excellent executive-level communication skills are valued, practice articulating your thoughts clearly and concisely. Be ready to explain complex concepts in a way that is understandable to both technical and non-technical stakeholders.
✨Highlight Collaborative Experience
Emphasise your ability to work collaboratively with cross-functional teams. Share instances where you successfully led projects or contributed to team efforts, particularly in designing and executing new product launches within the OTC derivatives space.