Business Analyst IV

Pay Rate: $80-90.00 BUSINESS ANALYST - Client ICI Fixed Income Allocation Migration Job Summary: We are seeking a highly experienced and motivated Business Analyst to join our Broker Dealer Back Office team, with a focus on Client ICI Allocation process. The ideal candidate will have a strong understanding of Fixed Income/Syndicate allocation processes and the operational workflows involved in allocating Bulk trades across various fixed income products. Experience with or understanding of Client ICI allocation solutions is a plus. Key Responsibilities: Ensure all Allocation reporting messages flow to Client ICI from MUFG internal system Analyze and document replacement of allocation message flow with Client ICI Analyze and document new allocation message flow from Client ICI to Client Trace. Reconciliations: Support EOD Reconciliation processe to ensure Position (block) level reconciles between internal affirmation systems vs BPS positions. Support Intellimatch Reconciliation process to ensure Position (block) level reconciles between internal affirmation systems vs Murex positions. Technical Support and System Analysis: Provide technical assistance to operations teams to resolve system-related issues. Collaborate with IT teams to troubleshoot technical issues, implement system enhancements, and support system integrations. Business Analysis and Documentation: Author and analyze functional requirements for system enhancements and new functionality. Develop and maintain comprehensive business process documentation, including workflow diagrams, system configurations, and operational procedures. Collaborate with stakeholders to gather requirements and develop technical specifications for Client ICI solutions. Data Analysis and Reporting: Design and support reports for allocations, including bulk positions and reconciliations. Analyze data to identify trends, discrepancies, and areas for process improvement in Fixed Income Allocation workflows. Process Improvement: Identify areas for process improvement in collateral management operations and develop solutions to support business efficiency and effectiveness. Collaborate with stakeholders to implement process changes, monitor results, and ensure continuous improvement. Required Qualifications: Bachelor's degree in Finance, Business Administration, Computer Science, or a related field. 5+ years of experience in allocations, operations, or a related field within a broker-dealer or investment banking environment, with a focus on business analysis. Strong understanding of Client allocation concepts and message flow processes. Business knowledge of Fixed Income products Strong understanding of business processes, operational workflows, and analytical skills. Experience with Trade management systems (e.G., Bloomberg, Client ICI) and Trade lifecycle systems (Client/Intellimatch) Excellent analytical and problem-solving skills with the ability to analyze complex allocation scenarios. Strong attention to detail and ability to work accurately in a fast-paced environment. Excellent communication and interpersonal skills with the ability to work with cross-functional teams. Preferred Qualifications: Experience with or understanding of allocation application systems is a strong plus. Understanding of automation and technology solutions for allocation operational efficiency. Experience with agile methodologies and future-ready technologies. Proficiency in SQL for data extraction and analysis. Knowledge of securities operations, including settlement, custody, and reconciliation processes.