Business Analyst - Collateral/Liquidity Management

About Wipro:

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. We leverage our holistic portfolio of capabilities in consulting, design, engineering, operations, and emerging technologies to help clients realize their boldest ambitions and build future-ready, sustainable businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 250,000 dedicated employees serving clients across 66 countries. We deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world.

• A PROUD HISTORY OF OVER 75 YEARS
• FY22 REVENUE 10.4 BN USD
• WE'RE PRESENT IN 66 COUNTRIES
• OVER 1,400 ACTIVE GLOBAL CLIENTS

Role: Collateral/Liquidity Management

Location: New York, USA (Hybrid)

Role Description:

Repo, Core Collateral and Margin Services IT (RCM IT) provides technology solutions for the Repo, Money Markets, Global Liquidity Group and Margin Services business units for a large Investment Banking Firm

• The individual will work with several key internal and external stakeholders. These include the operations and technology team of the client, as well as working on enhancing the domain knowledge for internal teams. Key roles and responsibilities have been defined below.
• Understanding and documenting the requirements.
• Review Business Requirements Document (BRD) and understand requirements and agreed solutions and develop test scenarios / test cases from User Stories (BRD) / acceptance criteria.
• Work closely with IT Team & Business Teams of client, to ensure requirements and scope are clearly understood and get signoffs from stakeholders.
• Execute UAT Test Cases and perform UAT Defect Management.
• Communicate to stakeholders on requirement documentation and defect closure status.

Domain / Technical Competencies

Financial Markets and Products:

• Sound Knowledge on capital markets especially in Collateral Management domain (both VM & IM) and SWIFT mappings
• Good understanding of OTC Uncleared and Cleared derivatives products, REPO products and uncleared margin rules guidelines.
• Knowledge of payments workflow
• Repo: Global Repo, securities lending, and collateral management trade entry system
• Money Markets: Owns the Finacle Treasury platform which is used for trading Money Markets and Treasury instruments.
• Margin Services: Owns the global collateral management platform for OTC and FX derivatives, Repos, stock borrow & lending products.
• Global Liquidity: Owns the Trader Desktop platform (TDT) which supports the firm's liquidity management functions - Balance sheet, Sources & Uses and Unencumbered Balance - allowing the GLG trading desk to optimize secured funding investor capacity and source HQLA to satisfy liquidity metrics.
• Contingent Liabilities: Owns the platform which supports business activities aimed at determining and managing the firm's risk to its own credit rating.

IT Systems:

• Good understanding of the system infrastructure supporting Collateral Management
• Working knowledge of SQL/Big Data Technologies.
• Experience in working on program management tools like SharePoint, JIRA etc.

General Desktop applications:

• MS Office: Excel, Word, Visio and PowerPoint

Desired Skills

• Experience of working in Agile environment.
• Ability to analyze the UAT issues to determine if the issue is a defect, enhancement, or user-error.

Required Skills and Experience: (Mandatory)

• This position is based in New York, U.S.A
• Overall 8+ years of experience in the Banking Industry
• 8-13 years of experience in Capital Markets specifically in Collateral Management/Liquidity Management as a Business Analyst
• Hands on experience in handling projects around Collateral Management/Liquidity Risk projects as Business Analyst / SME roles
• Possess good domain knowledge on Collaterals to be posted when in short of Liquidity Coverage Ratio.
• Should be able to join the team in immediate to 1 month.

Wipro is an Equal Employment Opportunity employer and makes all employment and employment-related decisions without regard to a person's race, sex, national origin, ancestry, disability, sexual orientation, or any other status protected by applicable law.

Securities and Capital Markets