Business Systems Analysis Principal

DTCC; Jersey City (NJ); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Health and life insurance

Pension / Retirement

Paid Time Off

Job summary

DTCC in Jersey City is seeking a Senior Business Systems Analyst to advance risk, valuation, and liquidity initiatives. You will partner with Technology and business teams to translate complex requirements into precise specifications and actionable plans.

You will own QA, lead data-driven analysis, and support audit and controls across market structures. Candidate should bring a strong SQL and Python/Excel toolkit, with 7+ years in risk or valuation, and familiarity with equities, fixed income,

Qualifications

• 8+ years of related experience in risk, valuation, or banking environments.
• Bachelor's degree preferred or equivalent experience.

Responsibilities

• Own requirements quality from business vision through delivery.
• Elicit, analyze, document, and validate business requirements.
• Ensure functional requirements are complete and testable.
• Lead workflow design and user experience considerations.
• Collaborate with project teams, product management, and stakeholders.
• Review system integration and UAT scripts to reflect requirements.
• Support audit and control obligations with data-driven analysis.

Skills

Business systems analysis

SQL

Python

Advanced Excel

Risk/valuation knowledge

Liquidity & risk concepts

Education

Bachelor's degree preferred

Tools

SQL

Python

Excel

Job description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role:

The Strategic Management & Governance family is responsible for serving as a dedicated technology resource for advancing the firm's business opportunities and providing industry thought leadership for leveraging new technologies. Manages significant programs and projects including strategic change management, new business and product initiatives, process re‑engineering, and all general business management initiatives. The Business Systems Analysis role specializes in acting as the primary interface between Technology and business / product areas supporting Financial Risk Management systems across market/liquidity/credit risk , identifying, documenting and analyzing business requirements, creating detailed project and process specifications, coordinating with project teams.

Your Primary Responsibilities:

Owning requirements quality from business vision through delivery.

Elicit, analyze, document, and validate business requirements.

Ensure functional requirements are complete, testable, and aligned with business objectives.

Lead workflow design and contribute to user experience design, where applicable

Collaborate with project team, product management, and stakeholders on all aspects of the project

Review input provided to developers and Test Engineers ensuring System Integration and User Acceptance Test scripts properly reflect business and functional requirements

Participate in reviews of SIT results and defect reviews; support user acceptance testing as needed

Review system documentation to ensure compliance with company‑specific best practices and standards

Review recommended controls to ensure remediation of perceived risks

Providing data‑driven analysis and production issue support

Supporting audit, and control obligations.

Qualifications:

Minimum of 8 years of related experience

Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

7+ years of hands‑on business systems analysis experience in risk, valuation, clearing, banking, asset management, or a comparable capital markets environment, with demonstrated ownership of both analytical work and detailed requirements definition.

Strong pricing and valuation domain expertise including cleared position valuation, price source hierarchy, fallback logic, price validation, tolerance checks, stale or thinly traded securities, corporate actions, and governance for manual marks and overrides.

Deep understanding of liquidity and closeout risk concepts including margin period of risk, holding period assumptions, liquidity add‑ons, concentration measures, market impact, bid‑ask cost, default management, auction mechanics, and liquidity stress testing.

Product knowledge across at least one cleared asset class such as equities, fixed income, or repo, with a practical understanding of how instruments are priced and where valuation uncertainty or fragility may arise.

Exceptional specification discipline with the ability to produce clear calculation specifications, worked numerical examples, explicit edge cases, and acceptance criteria that are precise, testable, and implementation‑ready.

Strong data and analytical capability with advanced SQL skills and practical proficiency in Python or advanced Excel to independently reconcile production outputs, validate methodology prototypes, and perform root‑cause analysis.

Fluency in time, versioning, and point‑in‑time data semantics including as‑of reconstruction, priceversioning–here ... (text truncated)