ppFirst Derivative is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our general teams span across 15 offices serving clients across EMEA, North America and APAC. /p pAs an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data-centric world. Together with EPAM, we combine deep industry expertise with cutting-edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth. /p pWe’re looking for a bMid-level Calypso Business Analyst /b to join our team in a hybrid working mode. In this role, you will work at the intersection of technology and business, supporting a global financial institution with its front-to-back Calypso implementation and collateral/liquidity management processes. This is a consulting-driven position where you’ll partner with client stakeholders, gather functional requirements, and deliver strategic solutions to enhance clearing operations and regulatory compliance. /p pAs part of a highly skilled project team, you will leverage your Calypso expertise to optimize derivative trading workflows and ensure seamless trade lifecycle management, adding measurable value to core business functions.



/p h3Responsibilities /h3 ul liDeliver change initiatives to the Calypso-based collateral and liquidity management platform /li liPartner with client stakeholders to capture, validate, and document business requirements /li liTranslate user stories into functional specifications for development and QA teams /li liManage the end-to-end delivery cycle from analysis to implementation and post-implementation validation /li liDevelop and execute User Acceptance Testing (UAT) and regression testing plans /liliFacilitate workshops with front, middle, and back-office teams to improve processes /li liProvide clarification and guidance on functional queries for the development team /li liDrive compliance with regulatory and market-driven changes /li /ul h3Requirements /h3 ul li5 years of experience as a Business Analyst on Calypso platforms /li liStrong understanding of derivatives products and trade lifecycle management /li liSolid knowledge of collateral lifecycle processes and clearing workflows /li liExperience in Agile or hybrid delivery models with tools like JIRA /li liExcellent communication skills and ability to engage with senior stakeholders /li liProven ability to produce clear requirements documentation and test cases /li /ul h3Nice to have /h3 ul liExperience with tri-party collateral arrangements and collateral optimization strategies /li liFamiliarity with clearing house operations and settlement processes /li liUnderstanding of EMIR, Dodd-Frank, or similar regulatory reporting frameworks /li liPrevious consulting experience in capital markets technology transformation /li /ul h3We offer /h3 ul liPension /li liEmployee Assistance Programme /li liEnhanced Maternity policy /li liGive as You Earn /li liCycle to Work Scheme /li liEmployee Referral Bonus Scheme /li liDiversity Networks /li liAccess to a range of skills and certifications /li /ul /p #J-18808-Ljbffr

📌 Mid-level Calypso Business Analyst (Madrid)
🏢 Epam Systems
📍 Madrid