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

Job Title: Business System Analyst (Capital Market, Repo & Collateral Mngmt) Work Model: Hybrid (3 Days WFO) Role Descriptions:

1. Partner with Business, Trading, Operations, Risk, and Technology teams to validate requirements, user journeys, and acceptance criteria across Repo and Collateral Management workflows.
2. Define the UAT Business Testing strategy plan (scope, approach, entry exit criteria, responsibilities, assumptions, and constraints) aligned to release goals.
3. Create end-to-end business test scenarios, detailed test cases, and a traceability matrix to ensure full coverage of functional and process requirements.
4. Perform test data preparation validation, including data tracing mapping across upstream-downstream systems, and reconcile results to ensure accuracy and completeness.
5. Execute UAT Business Testing in UAT environments, capture test evidence, and provide progress reporting with clear visibility of risks, blockers, and dependencies.
6. Log, track, and manage defects (severity priority), drive defect triage, and coordinate with Dev/QA to ensure timely fixes and retesting through closure.
7. Validate key Collateral Management functions such as margin calls, eligibility rules, haircuts, concentration limits, substitutions, disputes, and collateral optimization outcomes.
8. Validate Repo trade lifecycle scenarios including trade capture, amendments, cancellations terminations, rollovers, rate resets, settlement instructions, and confirmations (front-to-back).
9. Perform operational validations for settlement reconciliation (securities borrowing lending, cash FX settlements, payment flows), and coordinate with custodians/brokers/internal teams to resolve breaks.
10. 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.