Senior Business Analyst (Collateral IT)

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Your career opportunity

HSBC Markets and Securities is an emerging markets-led and financing-focused investment banking and trading business that provides tailored financial solutions to major government, corporate and institutional clients worldwide.

HSBC is seeking an experienced Collateral Business Analyst to join the Collateral IT team.

Collateral IT provides software solutions for the Collateral Operations and Collateral Treasury functions of the bank.

Collateral Operations is responsible for the Collateral Management of Uncleared OTC Derivatives for the Global Fixed Income, FX and Equity Derivatives businesses as well as performing Margining for the Fixed Income Repo business and a cross asset class Portfolio Reconciliations & Client Valuation function. Collateral Treasury is the front office function responsible for the optimal use of Collateral within the bank.

Collateral IT provides the technology that allows these business areas to perform the above functions globally. We are part way through a multi-year project to build a brand new Collateral platform which will ultimately replace the current platform for Collateral Operations and already performs key functions for Collateral Treasury.

HSBC is heavily investing in an Agile culture and adoption of DevOps processes and Collateral is at the leading edge of these changes.

What you’ll do

• Challenge business requirements and work with clients to understand business context and issues.
• Provide the team with the business and domain clarification and create user stories.
• Contribute to the definition of solution design options and support solutions that address the defined business need.
• Drive down manual testing via use of automated testing, define acceptance criteria and acceptance tests, facilitate UAT.
• Improve frequency of deployments into production.
• Contribute to gradual go-live of projects through use of incremental deliveries and switches within applications.
• Use of continuous integration to ensure defects are identified as early as possible.
• Work closely with delivery team to ensure IT solutions meet success criteria for projects.

What you need to have to succeed in this role

• Extensive experience in technical business analysis (8+ years).
• At least 5 years’ experience in the capital markets work environment, with knowledge of the following areas: Collateral Management, Repos Settlement, Tri-party.
• Can act as product owner and be committed to build the best product possible by actively engaging with business and development teams and contribute to sprint/Kanban planning/grooming process.
• Experience of working with Front Office and Operations teams on new requirements/change items relating to Collateral Management.
• Experience of delivering projects while working with teams using agile.
• Strong communication skills with the ability to communicate effectively at all levels of the project organisation.
• Excels in fast-paced, high pressure, environment with proven context switching ability.
• Excellent communication skills (written and spoken), strong persuasion and negotiation skills.

Nice to Have

• Knowledge of BCBS margin regulations and SIMM and Schedule Initial Margin calculation methodologies.
• Knowledge of ISDA margin rules and experience in implementing system changes to meet various regulatory requirements.

What we offer

• Competitive salary
• Annual performance-based bonus
• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One-time reimbursement of home office set-up (up to 800 PLN).

• Corporate parties & events
• CSR initiatives
• Nursery and kindergarten discounts
• Financial support with trainings and education
• Social fund
• Flexible working hours
• Free parking

If your CV meets our criteria, you should expect the following steps in the recruitment process:

• Online behavioural test
• Telephone screen
• Job interview with the hiring manager

We are looking to hire as soon as possible so don’t wait and apply now!

You'll achieve more when you join HSBC.