Jobs · Business Development · New York

Operation Service Department - Custody Systems Senior Business Analyst VP

Bank of China USA · New York, NY · 3 wk ago
Business Development$110k/yrFull-time

Overview

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Responsibilities

  • System Implementation & Testing: Lead the execution and UAT (User Acceptance Testing) phases of the TCS BaNCS GSP implementation. Coordinate testing environments, manage vendor deliverables, and validate end-to-end processing.

  • Business Requirements & Enhancements: Author precise Business Requirement Documents (BRDs) for future system enhancements. Translate complex OSD Custody workflows into clear technical specifications for system vendors and development teams.

  • System Monitoring & Configuration: Oversee daily system performance, manage system setups, and configure parameters. Proactively identify operational bottlenecks and deploy system-driven solutions to optimize straight-through processing (STP).

  • Process Reconciliation: Design and monitor rigorous system reconciliation processes to ensure data integrity between the custody platform, external market utilities, and client reporting outputs.

  • Operational Support: Act as the primary escalation point for complex system queries from the custody operations team. Provide hands-on support for trade processing, corporate action events, and settlement inquiries.

Qualifications

  • Bachelor's degree is required. Experience: Minimum of 10+ years of direct, hands-on experience implementing, configuring, testing, or providing business support specifically for the TCS BaNCS system (preferably the Global Securities Platform - GSP).

  • Technical Proficiency: Proven ability to navigate TCS BaNCS system architecture, parameters, and configuration settings. Must be highly capable of bridging the gap between technical system functions and business operations.

  • Market Knowledge: Deep understanding of the global securities market, trade lifecycles, SWIFT standards (ISO 15022/20022), and intricate settlement processes (including a clear understanding of actual vs. contractual settlement protocols).

  • Analytical Skills: Strong capability to perform complex reconciliations and root-cause analysis for system issues, maintaining strict objectivity and quality control in all reporting.

  • Communication: Excellent technical and business writing skills for drafting BRDs and managing communications with external system vendors and internal stakeholders.

Pay

Pay Range: Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $110,000.00 - USD $230,000.00 /Yr.

Similar jobs

Service team member

Michaels StoresRedondo Beach, CA· 2 wk ago
Business Development$16.9–$19.7/hrapply on careers.michaels.com

service team member

Michaels StoresPalmdale, CA· 3 mo ago
Business Development$17.25–$20.3/hrapply on careers.michaels.com

Service Team Member

Michaels StoresFort Lauderdale, FL· 3 wk ago
Business Developmentapply on careers.michaels.com

Service Team Member

Michaels StoresColumbus, GA· 2 mo ago
Business Developmentapply on careers.michaels.com

Service Team Member

Michaels StoresDelray Beach, FL· 2 mo ago
Business Developmentapply on careers.michaels.com