At a Glance
- Tasks: Collaborate with finance teams to enhance billing systems and manage project specifications.
- Company: Join a leading firm focused on strategic technology and business innovation.
- Benefits: Competitive pay, health insurance, flexible work model, and generous leave policies.
- Other info: Enjoy a hybrid work model with excellent career growth opportunities.
- Why this job: Make a real impact by bridging technology and business in a dynamic environment.
- Qualifications: 4 years of experience in business systems and strong analytical skills required.
The predicted salary is between 50000 - 65000 £ per year.
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. It 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, and coordinating with project teams.
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, and 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.
Minimum 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, and 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.
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).
Business Systems Associate in City of Westminster employer: The Depository Trust & Clearing Corporation
At DTCC, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Business Systems Associate, you will have the opportunity to engage with cutting-edge technology while working closely with Finance and IT teams, ensuring your contributions directly impact our strategic initiatives. With competitive compensation, comprehensive health benefits, and a flexible hybrid work model, we are committed to supporting your professional growth and well-being in a dynamic environment.
Contact Details:
The Depository Trust & Clearing Corporation Recruitment Team
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We think you need these skills to ace Business Systems Associate in City of Westminster
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
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How to prepare for a job interview at The Depository Trust & Clearing Corporation
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✨Portfolio of Projects
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