Calypso Front Office Bussines Analyst (Calypso is a must)

Luxoft; Philadelphia (Philadelphia County); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Paid maternity leave

Job summary

A leading IT consulting firm in Philadelphia seeks a Calypso Specialist to provide expertise in implementation and support for Calypso solutions. Candidates should possess strong skills in Capital Markets, excellent problem-solving abilities, and communication skills. This full-time role offers opportunities in a dynamic environment, along with competitive benefits including medical and vision insurance, and 401(k) plan.

Qualifications

• 3+ years of experience working in Capital Markets and Calypso.
• Ability to work with little supervision and be a fast learner.
• Proven track record of delivery of implementation/migration projects.

Responsibilities

• Address and respond to production support issues in Calypso.
• Provide user support for FO and MO on Calypso.
• Develop necessary functional solutions for Calypso instance.

Skills

Experience in Capital Markets

Knowledge of Financial products

Calypso derivatives solution expertise

Problem solving skills

Communication skills

Analytical skills

Organizational skills

Job description

Project Description

Luxoft has one of the world's leading Calypso practice. We are a top‑tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration. We provide end‑to‑end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.

Responsibilities

• Address and respond to production support issues and troubleshoot issues arising from day‑to‑day activities Calypso instance
• Provide support to FO and MO users on Calypso
• Configure, update, optimize functional set up in Calypso
• Execute (where required) SOD/EOD Scheduled Tasks
• Develop necessary functional solutions for Calypso instance as per requirements (if required)
• Monitor if market quotes fail to update Calypso system error messages
• Monitor feed & security definitions download, if reprocessing of trades needed or reprocessing of events
• Ensures supporting documents are complete, current, and appropriately stored
• Works closely with relevant business and technology stakeholders to ensure effective and efficient implementation of the project(s)
• Submits status reports to stakeholders; coordinates and provides updates to steering committees
• Collaboration with key functional or business stakeholders to achieve clear outcomes/deliverables in relation to the strategic and transformational book of work
• Manage deliverables ensuring transparency of risks, issues and dependencies that are fully aligned to functional / business owners

A Sampling of Tasks Expected to be Performed

1. Configuring Standard & Custom Interfaces within Calypso
2. Setting up Quote Feeds from Bloomberg
3. Set‑up Holiday Calendar feed
4. Set‑up Interest Rate Curves & other market data
5. Set‑up Equity Volatility Surface feeds
6. Translate Historical Volatility of Volatility‑controlled indexes to a Volatility Surface to be used in Calypso
7. Some end‑of‑day processing/monitoring needed.

Mandatory Skills Description

• 3+ years of experience working in Capital Markets and Calypso.
• Good knowledge of Financial products cross assets.
• Expertise with a front‑to‑back Calypso derivatives solution, including accounting, is a must. Preferably with an insurance industry focus.
• Ability to work with little supervision, be a fast learner, self‑motivated, team player, and collaborator with strong problem solving skills.
• Must be resourceful and demonstrate initiative in getting the job done.
• Good oral and written communication skills are essential.
• Ability to train and transfer knowledge to Guardian's business and technology stakeholders
• Proven track record of delivery of implementation / migration projects
• Proven experience in the development of Calypso integrations, reporting, and other technical aspects.
• Experience of adherence to governance frameworks / implementation and handover to BAU
• Comprehensive knowledge of trade flow, trading systems and related concepts and technology, including valuation and client/market risk management.
• Leadership skills.
• Excellent analytical skills, understanding of project life cycles, and ability to act in an entrepreneurial manner to ensure the requirements from the business are gathered in the appropriate manner.
• Proven analytical, planning, problem solving and decision‑making skills.
• Comfortable with direct communication with all levels of technical and business resources.
• Excellent organizational and time management skills with the ability to handle multiple tasks simultaneously.
• Experience with working in a highly collaborative and dynamic multi‑team environment.

Nice-to-Have Skills Description

• Experience working with a software vendor in a Business Analysis role or a functional back‑office user role within the insurance industry.
• Expertise in the support and implementation of the Calypso Back‑Office system primarily in post‑trade processing areas of Trade validation, Cross‑Asset Accounting, Settlements, Reconciliations, Messages (SWIFT/Paper), Regulatory and Internal reporting.
• Knowledge and functional experience in support of one or more of the following Asset Classes: Fixed Income and Money Market (FI/MM), Equities and Equity Derivatives, Commodities and Commodity Derivatives.
• Candidates with experience in the Market Risk area with knowledge of FRTB, VaR (Parametric, Monte Carlo, Historical simulation), Back Testing, Stress testing, Sensitivities and Scenario analysis will be considered. Knowledge of market data providers.
• Hands on experience massaging or analyzing data using tools such as Excel, SQL, or similar.
• Ability to work under pressure in a fast‑paced environment is essential.
• Have a willingness to learn new skills.
• Must have attention to detail.
• Must have the ability to work independently and also as part of a group.
• Experience of Agile practices and processes (e.g. SCRUM, KANBAN).
• Any technical knowledge (Writing simple sql query, be able to read code).
• Excellent attention to detail and accuracy.

Languages

English

• Seniority level: Mid‑Senior level
• Employment type: Full‑time
• Job function: Consulting
• Industries: IT Services and IT Consulting, Financial Services, and Capital Markets

Benefits

• Medical insurance
• Vision insurance
• 401(k)
• Paid paternity leave
• Paid maternity leave