Calypso BO Analyst

Luxoft; Polska; On-site; PLN 180,000 - 300,000; Full time

Job summary

Luxoft is seeking a Calypso Back Office Analyst to join our international banking client support team. You will maintain and enhance Calypso BO modules, handle day-to-day incidents, and drive process improvements across settlements, confirmations, and accounting.

Ideal candidates have 3+ years of hands-on Calypso BO experience, strong trade lifecycle knowledge, and proficient SQL skills. Excellent English communication is required; position based in Poland.

Qualifications

• 3+ years hands-on Calypso Back Office experience (settlements, confirmations, accounting, SWIFT messaging)
• Strong understanding of capital markets trade lifecycle (FI, IRS, FX, credit derivatives)
• Calypso BO configuration experience: SDIs, netting rules, payment workflows, posting schemes
• SQL proficiency for data investigation and reporting
• Excellent written and spoken English communication

Responsibilities

• Maintain and support Calypso Back Office modules in a live production environment for an international banking client.
• Analyze, design, and implement changes to BO workflows, including settlements, confirmations, accounting, and reporting.
• Investigate and resolve production incidents related to BO processing (trade lifecycle events, settlement failures, SWIFT issues).
• Gather and document business requirements from BO users and translate into functional specs for development.
• Configure Calypso BO workflows, including trade validation rules and accounting schemes; support integrations with external systems.
• Prepare and execute test cases (functional, regression, UAT) for BO changes; create runbooks and documentation.
• Collaborate with Front Office and Middle Office to ensure end-to-end trade lifecycle consistency.
• Provide L2/L3 support during business hours and participate in on-call rotation if required.

Job description

Project description

We are looking for a Calypso Back Office (BO) Analyst to join our team supporting an international bank. The person will be responsible for maintaining and developing Calypso BO modules within an existing production instance. The role covers day-to-day support, incident resolution, change requests, and continuous improvement of BO processes and workflows.

Responsibilities

• Maintain and support Calypso Back Office modules in a live production environment for an international banking clientAnalyze, design, and implement changes and enhancements to BO workflows, including settlements, confirmations, accounting, and reportingInvestigate and resolve production incidents related to BO processing (trade lifecycle events, settlement failures, SWIFT messaging issues, reconciliation breaks)Gather and document business requirements from BO users and translate them into functional specifications for the development teamConfigure and customize Calypso BO workflows, including trade validation rules, netting rules, settlement instructions, and accounting schemesSupport BO integration points with external systems (e.g., SWIFT, payment platforms, general ledger, reconciliation tools, CCP/clearing systems)Participate in Calypso upgrades and patch deployments, focusing on BO module regression testing and impact analysisPrepare and execute test cases (functional, regression, UAT) for BO changes using tools such as CATT (Calypso Automated Testing Tool)Create and maintain documentation: functional specifications, runbooks, process flows, and knowledge base articlesCollaborate with Front Office and Middle Office teams to ensure end-to-end trade lifecycle consistencyProvide L2/L3 support during business hours and participate in on-call rotation if required

SKILLS

Must have

• Minimum 3 years of hands-on experience with Calypso Back Office modules (settlements, confirmations, accounting, SWIFT messaging)Strong understanding of trade lifecycle for capital markets products: Fixed Income (bonds, repos), Interest Rate Derivatives (IRS, FRA), FX (spots, forwards, swaps, options), and/or Credit DerivativesExperience with Calypso BO configuration: settlement instructions (SDIs), netting rules, payment workflows, accounting rules and posting schemesKnowledge of SWIFT messaging standards (MT103, MT202, MT300, MT320, MT540-MT548, MT900/MT910, MT950) and their mapping in CalypsoExperience with Calypso workflow management (task stations, trade lifecycle events, BO status transitions)Familiarity with reconciliation processes (cash, position, nostro/vostro)Good understanding of accounting entries generated by Calypso (P​&L, accruals, revaluation)Experience working in a production support environment with SLA-driven incident managementAbility to write SQL queries for data investigation and reporting purposesGood communication skills in English (written and spoken)

Nice to have

Experience with Calypso versions 16+ (ideally version 18)Knowledge of CCP clearing workflows (e.g., LCH, Eurex, KDPW_CCP) and their integration with Calypso BOExperience with EMIR/MiFID II regulatory reporting from BO perspective