Senior Consultant – OTC derivatives

Infosys Consulting; New York (NY); Hybrid; USD 120,000 - 150,000; Full time

Job summary

A leading global consulting firm is looking for an experienced consultant specializing in Capital Markets and OTC derivatives. This role involves working closely with clients on regulatory reporting projects and requires a solid understanding of both technology and finance. The ideal candidate will have a track record in managing complex change initiatives and excellent communication skills to present to senior management.

Benefits

Medical insurance

Vision insurance

401(k)

Pension plan

Paid maternity leave

Paid paternity leave

Disability insurance

Qualifications

• 7 years in management consulting or advisory business, focused on Capital Markets.
• Experience in regulatory projects and financial derivatives.
• Proven track record of delivering complex regulatory change programs.

Responsibilities

• Analyze and refine regulatory requirements from federal authorities.
• Prepare BRD & FRD for technology delivery.
• Write user stories in JIRA based on business requirements.

Skills

Analytical skills

Communication skills

Presentation skills

Problem-solving skills

Collaboration

Education

Engineering or related technology degree

Tools

JIRA

MS Office

Job description

23 hours ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

The Role – What You’ll Do

You will be part of a cross-cultural global team working on a variety of business consulting engagements in Capital Markets, with a focus on OTC derivatives and regulatory reporting. You will be a part of world class team of industry practitioners, subject matter experts, functional consultants and transformation leaders working with various financial institutions.

You will take up a range of roles in the areas of requirements management, process consulting, business analysis, applied AI, tech strategy, program and change management. You will analyze problems and come up with solutions, often creative and out-of-the-box, apply business consulting frameworks and methodologies to address business problems, collaborate with client stakeholders, technology delivery teams and other vendors and be responsible for the delivery of business results to clients.

Here are some engagements our OTC derivatives / reg reporting consultants are working on:

• Working on OTC derivatives regulatory reporting, transaction reporting programs
• Working on upcoming and existing regulations like EMIR, MiFiD, T+1, DORA etc.
• Defining trading platform requirements, persona journeys and experiences
• Conducting strategic assessments to define future state functional / technical architecture to meet strategic client objectives leveraging Design Thinking, Service Blueprinting approach
• Digitalization / transformation / integration of trading platforms covering end to end trade lifecycle
• Working on traditional and bespoke reporting requirements
• Working with operations teams to understand the change requirements and enabling development team for delivery
• Reimage Operations Users Experience to create an Intelligent Ops dashboard (with KPIs, Real-time notifications, SLAs etc.) with direct access to ops systems

Responsibilities

• Closely work with business partners to analyse & refine the regulatory requirements given by federal authorities & DTCC
• Perform analysis of the requirements to identify changes / enhancements needed and prepare detailed BRD & FRD for technology delivery teams
• Able to perform data analysis to understand the impact of regulatory changes
• Work closely with the delivery teams to ensure successful delivery of requirements, translate and simplify the business and functional requirements for the tech/dev teams
• Write user stories in JIRA based on the business requirements
• Perform feasibility analysis, define project scope, recommend alternative solutions, project strategy, and deliverable prioritization

Basic Qualifications

• Engineering or related technology degree or graduate
• Prior work experience of 7 years either in management consulting or directly working on advisory business, technology or operational change initiatives in Capital Markets industry focused on OTC Derivatives incl. regulations such as Dodd Frank, MiFID, EMIR and similar regulations in other geographies
• Demonstrated ability in defining, mobilizing, and delivering complex regulatory change programs in Capital Markets industry
• Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
• Experience of collaborating with teams, comprising both IT and business specialists
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time

Essential Qualifications / Skills

• Prior experience in regulatory projects, preferably in Transaction Reporting space, e.g. CFTC/Dodd Frank, ESMA/EMIR, MIFID
• Strong understanding and working knowledge in Financial Derivative Products covering both ETD and OTC
• Techno-functional business analysis skillset
• Experience of working in agile delivery setup
• Experience of working on JIRA tools for requirement gathering and tech analysis details
• Good knowledge of core MS Office products (Word, Excel, Project, Visio)
• Must be able to work under pressure, manage multiple projects, setting appropriate priorities without close supervision
• Must be pro-active, enthusiastic, flexible, results driven and provide attention to detail
• Excellent communication skills both verbal and written; must be able to convey ideas, concerns, opinions and provide appropriate reporting across differing levels of management, senior leadership and at steering/governance
• Experience in delivering projects using both Waterfall and Lean Agile methodologies
• Ability and willingness to work as part of a cross-cultural team including flexibility to support multiple time zones when necessary
• Experience with Python / OOP programming language is highly desirable to perform day to day data analysis work at code level
• Proven track record of successfully delivering large or complex programs of work

General Information

• Location – NY, NJ and Boston. Hybrid model required to go to client office 2-3 days per week
• Internal training & leadership programs complemented by industry recognized certifications for reskilling and upskilling
• Formal counselor-counselee system aiding and driving well rounded career growth
• Dedicated mentorship programs, driven by the firm’s women leaders for select women consultants, to drive acclimatization and create future-ready leaders
• Collaborative and open work environment for our consultants to share professional experiences and learn, and define their own success paths
• This job description may not cover or contain a comprehensive listing of all activities, duties and responsibilities that are required of the employee

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management and Consulting

• Industries

  Business Consulting and Services

Referrals increase your chances of interviewing at Infosys Consulting by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Pension plan

Paid maternity leave

Paid paternity leave

Disability insurance

Get notified about new Derivatives Specialist jobs in New York, United States.

Industrials Equity Analyst - Multi-Billion Global Hedge Fund

Trade Assistant with Top Global Hedge Fund

New York, United States $120,000.00-$150,000.00 3 hours ago

Energy Equity Research Analyst (E&P/Oil & Gas)

New York, NY $200,000.00-$400,000.00 5 hours ago

Investment Banking Analyst, Capital Markets - New York City

New York, United States $110,000.00-$135,000.00 58 minutes ago

New York, United States $105,000.00-$112,500.00 1 hour ago

L/S Equity Analyst Opportunity (Financials)

New York, NY $225,000.00-$300,000.00 2 hours ago

L/S Equity Analyst Opportunity (Financials)

Investment Banking Program Analyst - TMT

New York, NY $110,000.00-$150,000.00 6 hours ago

Associate Mergers & Acquisitions, Investment Banking - New York

New York, NY $120,000.00-$135,000.00 12 minutes ago

Asset & Wealth Management, Private Wealth Management, Sustainable Solutions Group, Associate - New York

New York, NY $78,000.00-$139,000.00 2 hours ago

Analyst/Associate - Investment Strategy, Research Analyst

Operations Analyst (recs/settlements specialist) – Hedge Fund - up to $150k TC – WFH flexibility

Electronic & Algorithmic Trading Risk Manager

New York, United States $180,000.00-$250,000.00 7 hours ago

Equity Research - Product Management - Analyst

Equity Research Associate, US Digital Infrastructure and Payments

New York, United States $110,000.00-$165,000.00 1 hour ago

New York, NY $200,000.00-$225,000.00 49 minutes ago

New York, NY $85,000.00-$100,000.00 4 hours ago

New York, NY $60,000.00-$60,000.00 3 hours ago

Investment Banking Associate, Financial Institutions

New York, United States $150,000.00-$215,000.00 4 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.