Full-Time

Business Analysis Associate

Posted on 3/13/2025

DTCC

DTCC

1,001-5,000 employees

No salary listed

Mid, Senior

Chennai, Tamil Nadu, India

Hybrid model of 3 days onsite and 2 days remote.

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Required Skills
Agile
SQL
SCRUM
Data Analysis
Requirements
  • Minimum of 3 years of related experience.
  • Bachelor's degree preferred or equivalent experience.
  • Minimum of 4 years Business Analysis/Solution Design/Software Development experience.
  • Knowledge of institutional trade processing (including Electronic Trade Confirmation, Matching, Straight Through Processing (STP), and current industry initiatives).
  • Basic SQL understanding
  • Knowledge of Data Engineering/Infrastructure & Data Modeling.
  • Familiarity working with cloud hosting solutions.
  • Understanding of Data Ingestion, Transformation and Analytics.
  • Data Mapping & Data Reporting/Review: making sure the data is there and readily available/structured appropriately to support the business requirements.
  • Experience with Sell Side (Broker), Buy Side (IM), and Custodian middle-office post-trade processing.
  • Experience with APIs and technical messaging XML, JSON, etc.
  • Experience in Agile/scrum methodology, including defining a minimal viable product, and exposure to other software development methodologies.
Responsibilities
  • Actively participates with other members of the delivery team (Product Manager, Product Owners, Information Architects, UX Designers, Mid-Tier Dev, UI Dev, QA Analysts and other BA’s) to create solutions that meet business needs in an Agile setting (i.e., scrum ceremonies, collocated team, etc.).
  • Support requirements gathering, drafting of functional/non-functional specifications, workflows, etc.; participate in reviews of business requirements, technical requirements, etc.
  • Work cross-departmentally on data-driven strategies that improve business processes and decision-making
  • Interpret key business data sets and use data to deliver insights on potential areas of growth, optimization, and improvements
  • Assist in procedural and code documentation for assigned data projects, creating technical specifications and process flows.
  • Works with the team to decompose requirements into stories, uncover associated workflows, data and business rules as well as define acceptance criteria based on real world scenarios.
  • Lead, coordinate, or participate in assignments related to research, intelligence gathering, market studies new technology analysis and process optimization, stay abreast with emerging technology opportunities and disruptions.
  • Analyzes enhancement requests and bugs to determine solutions that do not negatively impact other product features.
  • Conducts design walkthroughs, demos and functionality feedback sessions with internal and external customers.
  • Champions a culture of dedication, partnership, problem solving, and continuous improvement.
  • Moves project forward by stepping into other functional roles (testing, iteration management, etc.), when applicable.
  • Partners with internal customers such as Integration, the Client-Facing Documentation Team and the Client Support Team on operational readiness activities by sharing subject matter expertise on features and functions and uncovering operational requirements.
  • Helps build BA standards and best practices.
Desired Qualifications
  • Experience in or knowledge of Fintech technologies (e.g. Various Application Development Languages, Infrastructure / Architecture environments, Machine Learning, Artificial Intelligence, Data Analytics) is a strong plus.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1973

Simplify Jobs

Simplify's Take

What believers are saying

  • ComposerX positions DTCC to capitalize on blockchain-based financial services demand.
  • Hyderabad office enhances DTCC's operational capabilities and access to tech talent.
  • Cross-margining with CME Group could lead to significant client cost savings.

What critics are saying

  • MiFID III/MiFIR II regulations may increase DTCC's compliance costs.
  • Cross-margining expansion may expose DTCC to increased counterparty risk.
  • Opening a second office in India poses geopolitical and regulatory risks.

What makes DTCC unique

  • DTCC is the only industry-owned global provider of trade reporting services.
  • ComposerX offers a comprehensive suite for managing digital assets' full lifecycle.
  • DTCC's GTR consolidates derivatives and securities trade reporting on a single platform.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Life Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Hybrid Work Options

Company News

FF News
Mar 14th, 2025
Dtcc’S Gtr To Add Mifid/R Reporting Capabilities To Further Support Market Participants With Transaction And Trade Reporting Obligations

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting requirements. Subject to regulatory approval, the service is targeted to be launched in the UK by Q1 2026 and in the EU in line with the upcoming regulatory changes.Once launched, GTR’s MiFID/R capabilities will enable firms to fulfil their transaction reporting obligations under the regulation. Firms will also benefit from ancillary services such as data quality analytics as well as smart tooling to assist with monitoring, controls and exception management. In addition, the service will include a dedicated back-reporting channel with queuing and in sequence processing to authorities as well as a suite of end-of-day reports to facilitate timely issue resolution. DTCC’s GTR is the only industry-owned and governed global provider of trade reporting services and now supports the major reporting regulations from a single global platform.“In support of the industry’s evolving trade and transaction reporting needs, we look forward to working closely with key stakeholders to launch the new GTR MiFID/R capabilities in early 2026 following regulatory approvals,” said Michele Hillery, DTCC Managing Director and Head of Repository and Derivatives Services. “DTCC is uniquely positioned to leverage its expertise in regulatory trade and transaction reporting to not only help clients comply with forthcoming mandates, but also to enable them to modernize and optimize their operational processes.”With the addition of MiFID/R capabilities, GTR consolidates derivatives and securities trade and transaction reporting on a single platform, offering clients the opportunity to optimize cost, governance, operational risk and controls management.“As with past regulations, there will be operational complexities once the MiFID III/MiFIR II regulation is introduced,” said Syed Ali, DTCC Managing Director, Repository & Derivatives Services (RDS)

Australian FinTech
Mar 12th, 2025
Dtcc’S Gtr To Add Mifid/R Reporting Capabilities To Further Support Market Participants With Transaction And Trade Reporting Obligations

The Depository Trust & Clearing Corporation (DTCC) today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting requirements. Subject to regulatory approval, the service is targeted to be launched in the UK by Q1 2026 and in the EU in line with the upcoming regulatory changes.Once launched, GTR’s MiFID/R capabilities will enable firms to fulfil their transaction reporting obligations under the regulation. Firms will also benefit from ancillary services such as data quality analytics as well as smart tooling to assist with monitoring, controls and exception management. In addition, the service will include a dedicated back-reporting channel with queuing and in sequence processing to authorities as well as a suite of end-of-day reports to facilitate timely issue resolution. DTCC’s GTR is the only industry-owned and governed global provider of trade reporting services and now supports the major reporting regulations from a single global platform.“In support of the industry’s evolving trade and transaction reporting needs, we look forward to working closely with key stakeholders to launch the new GTR MiFID/R capabilities in early 2026 following regulatory approvals,” said Michele Hillery (pictured), DTCC Managing Director and Head of Repository and Derivatives Services. “DTCC is uniquely positioned to leverage its expertise in regulatory trade and transaction reporting to not only help clients comply with forthcoming mandates, but also to enable them to modernize and optimize their operational processes.”With the addition of MiFID/R capabilities, GTR consolidates derivatives and securities trade and transaction reporting on a single platform, offering clients the opportunity to optimize cost, governance, operational risk and controls management.“As with past regulations, there will be operational complexities once the MiFID III/MiFIR II regulation is introduced,” said Syed Ali, DTCC Managing Director, Repository & Derivatives Services (RDS)

Australian FinTech
Feb 26th, 2025
Dtcc Comments On The Us Treasury Clearing Mandate Deadlines

The Depository Trust & Clearing Corporation (DTCC) has issued the following statement, “FICC appreciates the regulatory clarity around the US Treasury clearing mandate deadlines. Even with these changes to the various deadlines, we are ready to launch our enhanced access models and segregated customer margin capabilities in March, and will proceed with offering those services to our clients as and when they are ready to use them. We will also work closely with our clients to address any challenges that drove the request for an extension.“FICC remains committed to continually delivering our clients best-in-class central clearing solutions that enable greater efficiency and liquidity, promote transparency and competition, and improve the safety and soundness of the US Treasury market.”

Australian FinTech
Feb 24th, 2025
Cme Group And Dtcc To Enhance Existing Cross-Margining Arrangement, Extending Benefits To End Users By December 2025

Leading derivatives marketplace CME Group, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today confirmed plans to expand their existing cross-margining arrangement to provide increased margin savings and capital efficiencies to end users by December 2025.Subject to regulatory approval, this proposed enhancement to the long-standing CME-DTCC cross-margining arrangement will allow eligible end user clients at CME Group and the Government Securities Division (GSD) of DTCC’s Fixed Income Clearing Corporation (FICC) to access capital efficiencies that are available when trading U.S. Treasury securities and CME Group interest rate futures that have offsetting risk exposures. To participate in end-user cross margining, clients will need to leverage the same dually registered Futures Commission Merchant (FCM) and broker/dealer (as registered with the SEC) at both CCPs. Aligning enhanced cross-margining for end-user customers with the regulatory timeline for expanded U.S. Treasury Clearing requirements encourages greater utilization of central clearing, therefore reducing systemic risk.“Bringing the benefits of cross-margining to the end-user is a critical step in enhancing capital efficiencies across U.S. Treasury market participants,” said Laura Klimpel (pictured), Managing Director and Head of DTCC’s Fixed Income and Financing Solutions

PR Newswire
Feb 24th, 2025
Cme Group And Dtcc To Enhance Existing Cross-Margining Arrangement, Extending Benefits To End Users In December 2025

NEW YORK and LONDON and HONG KONG and SINGAPORE and SYDNEY , Feb. 24, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today confirmed plans to expand their existing cross-margining arrangement to provide increased margin savings and capital efficiencies to end users by December 2025.Subject to regulatory approval, this proposed enhancement to the long-standing CME-DTCC cross-margining arrangement will allow eligible end user clients at CME Group and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing Corporation (FICC) to access capital efficiencies that are available when trading U.S. Treasury securities and CME Group interest rate futures that have offsetting risk exposures. To participate in end-user cross margining, clients will need to leverage the same dually registered Futures Commission Merchant (FCM) and broker/dealer (as registered with the SEC) at both CCPs. Aligning enhanced cross-margining for end-user customers with the regulatory timeline for expanded U.S. Treasury Clearing requirements encourages greater utilization of central clearing, therefore reducing systemic risk."Bringing the benefits of cross-margining to the end-user is a critical step in enhancing capital efficiencies across U.S