Mid-level Calypso Business Analyst

EPAM Systems; Toronto; Hybrid; CAD 80,000 - 155,000; Full time

Benefits offered by this job

Extended Healthcare with Prescription

Dental and Vision

RRSP with Company match

Employee Stock Purchase Program

LinkedIn learning access

Job summary

EPAM Systems Canada is seeking a Mid-level Calypso Business Analyst to support a global financial institution with Calypso implementation and collateral/liquidity management. The role is hybrid, partnering with client stakeholders to gather requirements and deliver strategic solutions across front-to-back processes.

You will optimize derivative trading workflows and ensure regulatory compliance, collaborating with cross-functional teams to deliver end-to-end solutions and robust testing.

Qualifications

• 5+ years as a Business Analyst on Calypso platforms.
• Strong understanding of derivatives products and trade lifecycle management.
• Solid knowledge of collateral lifecycle processes and clearing workflows.
• Experience in Agile or hybrid delivery models with tools like JIRA.
• Excellent communication skills and ability to engage with senior stakeholders.
• Proven ability to produce clear requirements documentation and test cases.

Responsibilities

• Deliver change initiatives to the Calypso-based collateral and liquidity management platform.
• Partner with client stakeholders to capture, validate, and document business requirements.
• Translate user stories into functional specifications for development and QA teams.
• Manage the end-to-end delivery cycle from analysis to implementation and post-implementation validation.
• Develop and execute User Acceptance Testing (UAT) and regression testing plans.
• Facilitate workshops with front, middle, and back-office teams to improve processes.
• Provide clarification and guidance on functional queries for the development team.
• Drive compliance with regulatory and market-driven changes.

Skills

Calypso Expertise

Derivatives

Trade Lifecycle

Stakeholder Engagement

Agile / Jira

Tools

JIRA

Job description

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 that is transforming the financial services sector. Our global teams span across 15 offices serving clients across 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're looking for a Mid-level Calypso Business Analyst to join our team in a hybrid working mode. In this role, you will work at the intersection of technology and business, supporting a global financial institution with its front-to-back Calypso implementation and collateral/liquidity management processes. This is a consulting-driven position where you’ll partner with client stakeholders, gather functional requirements, and deliver strategic solutions to enhance clearing operations and regulatory compliance.

As part of a highly skilled project team, you will leverage your Calypso expertise to optimize derivative trading workflows and ensure seamless trade lifecycle management, adding measurable value to core business functions.

The recruiting efforts for this position are intended to fill a role and/or skillset for which EPAM has a regular need. There may or may not be a specific, existing vacancy at this time.

Responsibilities

• Deliver change initiatives to the Calypso-based collateral and liquidity management platform
• Partner with client stakeholders to capture, validate, and document business requirements
• Translate user stories into functional specifications for development and QA teams
• Manage the end-to-end delivery cycle from analysis to implementation and post-implementation validation
• Develop and execute User Acceptance Testing (UAT) and regression testing plans
• Facilitate workshops with front, middle, and back-office teams to improve processes
• Provide clarification and guidance on functional queries for the development team
• Drive compliance with regulatory and market-driven changes

Requirements

• 5 years of experience as a Business Analyst on Calypso platforms
• Strong understanding of derivatives products and trade lifecycle management
• Solid knowledge of collateral lifecycle processes and clearing workflows
• Experience in Agile or hybrid delivery models with tools like JIRA
• Excellent communication skills and ability to engage with senior stakeholders
• Proven ability to produce clear requirements documentation and test cases

Nice to have

• Experience with tri-party collateral arrangements and collateral optimization strategies
• Familiarity with clearing house operations and settlement processes
• Understanding of EMIR, Dodd-Frank, or similar regulatory reporting frameworks
• Previous consulting experience in capital markets technology transformation

We offer

• Extended Healthcare with Prescription Drugs, Dental and Vision, and Healthcare Spending Account (Company Paid)
• Life and AD&D Insurance (Company Paid)
• Employee Assistance Program (Company Paid)
• Telehealth (Company Paid)
• Short-term Disability (Company Paid)
• Long-Term Disability
• Paid Time Off (including vacation and sick days)
• Registered Retirement Savings Plan (RRSP) with Company match
• Maternity/Parental/Adoption Leave Top-up
• Employee Stock Purchase Program
• Critical Illness Insurance
• Employee Discounts
Unlimited access to LinkedIn learning solutions

This posting includes a salary range EPAM Canada would reasonably expect to pay the selected candidate. Individual compensation offers within the range are based on a variety of factors, including, but not limited to, experience, credentials, education, training, the demand for the role, skillset, and overall business and local labour market considerations. Most candidates are hired at a salary within the range disclosed. Salary range: CA$80,000-CA$155,000. In addition, the details highlighted in this job posting above are a general description of all other expected benefits and compensation for the position.

An artificial intelligence system is software that is developed with one or more techniques that can, for a given set of human-defined objectives, using algorithmic information processing, generate outputs such as content, predictions, recommendations, or decisions with varying levels of autonomy ("AI"). Tasks that humans have traditionally done by thinking and reasoning are increasingly being done by, or with the help of, AI to help create efficiencies.EPAM may use AI during the recruitment process, in connection with collecting or processing your personal data. Some (non-exhaustive) examples of tasks that EPAM may use AI for include conducting initial screening, creating transcripts of interviews, and assessing applications/CVs against defined job description criteria to make suggestions to the individuals evaluating your candidacy.Your personal data and the results of any processing are not shared with AI applications outside of EPAM infrastructure. While EPAM may use AI to help create efficiencies during the recruitment process, EPAM does not use AI to make hiring decisions, which is done by EPAM Talent Acquisition and management.

EPAM Canada welcomes and encourages applications from candidates with disabilities. Please contact WFA Human Resource CA [e-mail] if you have questions in this regard, or if you require an accommodation to complete the application process. Click here to review EPAM's Accessibility for Ontarians with Disabilities Accessibility Policies and Multi-Year Access.

EPAM is a leading global provider of digital platform engineering and development services. We are committed to having a positive impact on our clients, our employees, and our communities. We embrace a dynamic and inclusive culture. Here you will collaborate with multi-national teams, contribute to a myriad of innovative projects that deliver the most creative and cutting-edge solutions, and have an opportunity to continuously learn and grow. No matter where you are located, you will join a dedicated, creative, and diverse community that will help you discover your fullest potential.

Engineer the Future with a Career at EPAM