Senior Technical Calypso Business Analyst

About the role

First Derivative is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data‑driven, digital revolution transforming financial services. Our global teams span 15 offices serving EMEA, North America, and APAC. As an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data‑centric world. Together with EPAM, we combine deep industry expertise with cutting‑edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth. We are seeking an experienced Senior Calypso Business Analyst to join a dynamic technology team supporting front‑to‑back capital markets processes. This role will act as a key liaison between business stakeholders and technology teams, driving the analysis, design, and delivery of solutions within the Calypso platform.

Responsibilities

• Partner with business stakeholders to gather, document, and validate functional and non‑functional requirements
• Analyse current business processes and identify opportunities for improvement and optimisation within the Calypso platform
• Translate business requirements into detailed functional specifications and user stories
• Collaborate with development, testing, and support teams throughout the software delivery lifecycle
• Conduct impact assessments for system enhancements, configuration changes, and platform upgrades
• Support solution design discussions and ensure alignment with business objectives and platform capabilities
• Facilitate workshops and stakeholder meetings across business and technology teams
• Assist with test planning, user acceptance testing, and validation of delivered solutions
• Provide subject matter expertise on trade lifecycle events, product setup, workflows, and operational processes
• Support production issue analysis and contribute to continuous platform improvement initiatives

Requirements

• Strong hands‑on experience working with the Calypso platform
• Deep understanding of trade lifecycle processes across front, middle, and back office functions
• Experience gathering and documenting business and functional requirements
• Strong stakeholder management and communication skills, with the ability to engage effectively at all levels
• Strong analytical and problem‑solving capabilities
• Ability to manage multiple workstreams and priorities within a fast‑paced environment
• Experience across asset classes such as Fixed Income, FX, Money Markets, Commodities, Equities, or Derivatives
• Knowledge of Calypso configuration, workflows, collateral management, settlements, risk, or accounting modules
• Experience supporting platform upgrades, enhancements, or integration initiatives

Benefits

• Medical, Dental and Vision Insurance (Subsidized)
• Health Savings Account
• Flexible Spending Accounts (Healthcare, Dependent Care, Commuter)
• Short‑Term and Long‑Term Disability (Company Provided)
• Life and AD&D Insurance (Company Provided)
• Employee Assistance Program
• Unlimited access to LinkedIn learning solutions
• Matched 401(k) Retirement Savings Plan
• Paid Time Off
• Legal Plan and Identity Theft Protection
• Accident Insurance
• Employee Discounts
• Pet Insurance
• Employee Stock Purchase Program

Pay

Salary range: $140,000 - $185,000.