Business Analyst – Collateralized Mortgage Obligation Platform

QUANTEAM - North America (RAINBOW PARTNERS Group); New York (NY); On-site; USD 85,000 - 120,000; Full time

Job summary

QUANTEAM - North America (RAINBOW PARTNERS Group) is looking for a Business Analyst to support their new Collateralized Mortgage Obligation (CMO) business line targeting the US market. This is a greenfield project where you will play a vital role in translating business requirements into a scalable platform.

Your responsibilities will include eliciting business requirements from Fixed Income desks, managing UAT, and ensuring compliance with business expectations. The position requires a minimum of 5 years of experience in financial markets IT and familiarity with CMO or structured products platforms.

Join a dynamic team at the forefront of launching innovative financial solutions in New York!

Qualifications

• 5+ years of experience as a Business Analyst in financial markets IT.
• Hands-on experience on a CMO or structured products platform.
• Experience on at least one greenfield/build-from-scratch project.

Responsibilities

• Elicit and document business requirements from Fixed Income desks.
• Translate workflows into specifications for the development team.
• Drive end-to-end UAT and manage issue tracking.

Skills

Business Analysis in financial markets IT

CMO or structured products platform

Greenfield project experience

Fixed Income products knowledge

Agile delivery model

Jira

Visio

Job description

As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specialized in Banking, Finance, and Financial Services. Through our core human values - proximity, teamwork, diversity, excellence - our 1000 expert consultants, hailing from 35 different nationalities, collaborate across 13 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Luxembourg, Geneva, Lisbon, Porto, Casablanca, Madrid and Singapore.

Role Overview

Our Client is launching a brand-new Collateralized Mortgage Obligation (CMO) business line targeting the US market. This is a greenfield initiative: the full IT platform will be built from scratch to support structuring, trading, and risk management of CMO products. You will be joining at Day 1, playing a key role in translating business requirements into a scalable, production-ready platform.

As Business Analyst, you will act as the bridge between Front Office stakeholders and the technology team. You will gather, structure, and document requirements for the CMO platform, drive UAT, and ensure the delivered solution meets business expectations in a fast-paced build environment.

Key Responsibilities

• Elicit and document business requirements from Fixed Income / CMO trading and structuring desks
• Translate Front Office workflows into functional specifications for the development team
• Design and maintain functional documentation: BRDs, user stories, process flows, data dictionaries
• Drive end-to-end UAT: define test cases, coordinate execution, manage issue tracking and sign-off
• Act as the primary liaison between business users, architects, and developers throughout the build phase
• Support data model design and integration with upstream/downstream systems (risk, pricing, reporting)
• Monitor project delivery against milestones; flag risks and propose solutions proactively
• Contribute to go‑live readiness: training materials, operational runbooks, change management

Required Profile

• 5+ years of experience as a Business Analyst in financial markets IT
• Hands‑on experience on a CMO or structured products platform (RMBS, ABS, or similar)
• Experience on at least one greenfield / build‑from‑scratch platform project
• Strong knowledge of Fixed Income products and Front Office workflows
• Proficiency with requirements tools (Jira, Confluence, Visio or equivalent)
• Excellent written and verbal communication skills; comfortable presenting to senior stakeholders
• Ability to work in an Agile delivery model