Business System Analyst; Capital Market, Repo & Collateral Mngmt

Job Title

Business System Analyst (Capital Market, Repo & Collateral Mngmt)

Hybrid (3 Days WFO)

• Partner with Business, Trading, Operations, Risk, and Technology teams to validate requirements, user journeys, and acceptance criteria across Repo and Collateral Management workflows.
• Define the UAT Business Testing strategy plan (scope, approach, entry exit criteria, responsibilities, assumptions, and constraints) aligned to release goals.
• Create end-to-end business test scenarios, detailed test cases, and a traceability matrix to ensure full coverage of functional and process requirements.
• Perform test data preparation validation, including data tracing mapping across upstream-downstream systems, and reconcile results to ensure accuracy and completeness.
• Execute UAT Business Testing in UAT environments, capture test evidence, and provide progress reporting with clear visibility of risks, blockers, and dependencies.
• Log, track, and manage defects (severity priority), drive defect triage, and coordinate with Dev/QA to ensure timely fixes and retesting through closure.
• Validate key Collateral Management functions such as margin calls, eligibility rules, haircuts, concentration limits, substitutions, disputes, and collateral optimization outcomes.
• Validate Repo trade lifecycle scenarios including trade capture, amendments, cancellations terminations, rollovers, rate resets, settlement instructions, and confirmations (front-to-back).
• Perform operational validations for settlement reconciliation (securities borrowing lending, cash FX settlements, payment flows), and coordinate with custodians/brokers/internal teams to resolve breaks.
• Produce UAT deliverables such as UAT exit report, sign-off readiness notes, and lessons learned support go-live warranty and maintain SOPs process documentation for continuity.