Senior Calypso Business Analyst

EPAM Systems; Greater London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

ESPP

Life cover

Private medical

EAP

Pension

Commuter benefits

Office perks

Training & certs

Annual bonus

LTI program

Job summary

EPAM Systems is seeking an experienced Senior Calypso Business Analyst to support a Calypso platform upgrade from v18 to v19. You will analyse impact across front, middle, and back-office and coordinate testing.

You will work with business users, perform gap analyses, and liaise with development, QA and infrastructure throughout the upgrade lifecycle, providing post-implementation support.

Qualifications

• Proven BA experience in Calypso environments.
• Experience upgrading Calypso from v18 to v19.
• Strong SQL data analysis and validation skills.
• Good stakeholder management in Agile/Waterfall projects.

Responsibilities

• Analyse functional and technical differences between Calypso v18 and v19 across processes.
• Gather, document, and manage business and functional upgrade requirements.
• Coordinate testing and UAT with business users across front, middle, and back office.
• Support gap analysis and identify changes to workflows and integrations.
• Liaise with development, QA, and infrastructure throughout the upgrade lifecycle.
• Provide post-implementation support and hypercare.

Skills

Calypso BA

Calypso upgrade

Stakeholder mgmt

Requirements gathering

Test coordination

SQL

Delivery methods

Derivatives knowledge

Documentation

Tools

Calypso Suite

Job description

We are seeking an experienced Senior Calypso Business Analyst to support a Calypso platform upgrade from v18 to v19. The successful candidate will play a key role in analysing the impact of the upgrade, documenting requirements, coordinating testing, and ensuring a smooth transition across front, middle, and back-office functions.

Responsibilities

• Analyse the functional and technical differences between Calypso v18 and v19, assessing impact across business processes
• Gather, document, and manage business and functional requirements for the upgrade
• Work closely with business users (front, middle, and back office) to understand current workflows and identify areas affected by the upgrade
• Support gap analysis, identifying changes to functionality, workflows, and integrations
• Liaise with development, QA, and infrastructure teams throughout the upgrade lifecycle
• Define and support test scenarios, test cases, and coordinate UAT
• Assist with defect triage, resolution tracking, and regression testing
• Document changes to configuration, workflows, and reporting
• Support data migration and reconciliation activities where required
• Provide post-implementation support and hypercare

Requirements

• Proven experience as a Business Analyst within Calypso environments
• Strong knowledge of Calypso across multiple modules (e.g. Trade Capture, Market Data, Risk, Collateral, Settlements, Accounting)
• Direct experience with Calypso version upgrades (v18 to v19 highly advantageous)
• Solid understanding of trade lifecycle and derivatives/treasury products
• Experience in requirements gathering, gap analysis, and test coordination
• Familiarity with SQL for data analysis and validation
• Strong stakeholder management and communication skills
• Experience working within Agile and/or Waterfall delivery methodologies

We offer

• EPAM Employee Stock Purchase Plan (ESPP)
• Protection benefits including life assurance, income protection and critical illness cover
• Private medical insurance and dental care
• Employee Assistance Program
• Competitive group pension plan
• Cyclescheme, Techscheme and season ticket loans
• Various perks such as free Wednesday lunch in-office, on-site massages and regular social events
• Learning and development opportunities including in-house training and coaching, professional certifications, and courses
• If otherwise eligible, participation in the discretionary annual bonus program
• If otherwise eligible and hired into a qualifying level, participation in the discretionary Long-Term Incentive (LTI) Program