Business Analyst-Collateral Management

Position - Business Analyst-Collateral Management

Experience - 5+ Years

Location - Mumbai

About the Role

We are seeking an experienced Business Analyst with strong expertise in Collateral Management and hands-on exposure to system transformation or migration projects. The ideal candidate will have deep functional knowledge of the collateral lifecycle and regulatory frameworks such as UMR. Experience working on platforms like Calypso or Murex is highly preferre

Key Responsibilities

• Work with business and technology teams to gather, analyze, and document requirements using JIRA and Confluence.
• Lead and support initiatives focused on collateral transformation, system migration, or enhancements involving platforms such as Calypso or Murex.
• Collaborate with stakeholders across front office, risk, and operations to ensure smooth execution of collateral projects.
• Analyze and optimize end‑to‑end collateral processes, ensuring efficiency, compliance, and alignment with regulatory standards.
• Support testing activities—test case creation, UAT coordination, and defect management.
• Provide subject‑matter expertise on collateral lifecycle workflows and operational impacts.

Must‑Have Skills & Experience

Business Analyst Skills

• Strong experience with JIRA and Confluence.
• Proven ability to gather and translate business requirements into functional specifications.
• Strong analytical, documentation, and stakeholder‑management skills.

Collateral Management Expertise

Priority Experience:

• Hands‑on experience in collateral transformation or collateral migration projects, ideally involving:
• Calypso
• Murex

Operational Knowledge (Highly Preferred):

• Margin calls
• ISDA documentation
• Dispute management
• Triparty arrangements
• Third‑party custodians
• Reconciliations
• Collateral optimization
• Strong understanding of the end‑to‑end collateral lifecycle

Regulatory Knowledge

• UMR (Uncleared Margin Rules)
• Regulations related to uncleared margin