Business Analyst/Business Analyst/Global Banking & Markets IT

Job description

Overview

The Global Data Services (GDS) group is responsible for managing the acquisition, validation, maintenance and distribution of market reference and pricing data globally across multiple HSBC business entities. The group has around 380 staff worldwide, with primary operations in 2 offshore sites (Bangalore & Colombo) and 3 onshore sites (London, Edinburgh, Hong Kong).

GDS was established in Jan 2010 with the mandate to create a Shared Service Organisation capable of servicing HSBC's instrument & pricing data requirements globally. Currently, GDS services three divisions of the bank – HSBC Security Services (HSS), Global Banking & Markets (GB&M) and Private bank– and has undertaken a significant strategic programme of work to effect the transformation required while also managing the immediate demands for change within those two customers.

The types of instrument and pricing services provided by GDS include:

· Setup and maintenance of security data – bonds, equities, fixed income, derivatives etc.

· Sourcing & cleansing pricing data from multiple vendors, validating that data (via both automated validation rules and through manual exceptions handling) and distributing it to multiple target systems in the HSS and GB&M businesses.

· Technology services include the pass-through distribution of reference data, such as ratings and calendar data into multiple target systems.

· Other manual services include the pre-cleansing of security information (e.g. market specific reconciliations) prior to distributing it via the central data hub (GRDS – Global Reference Data System).

HSBC is investing to build and deliver a centralised Strategic Pricing Platform which will allow the key business areas to utilise a number of pricing business improvements. This should lead to significant cost reductions, cost avoidance, closure of a number of open audit & control issues and offer sustainable reduction in vendor license costs. Furthermore, introduction of this strategic platform will create additional bandwidth allowing the GDS Pricing team to focus on added value activities to provide an improved service to internal and external clients.

Purpose

A high calibre Business Analyst with experience of Investment Banking products, and strong reference data & pricing knowledge/experience, is required to work on the Strategic Pricing programme to perform a variety of Analysis tasks necessary in the requirements analysis, functional specification, configuration, testing and implementation of the core strategic pricing platform.

Responsibilities

The Business Analyst is primarily responsible for: capturing requirements, providing functional and in some cases technical designs, configuring the system, supporting the build, and working with the test team in documenting test conditions, creating test scripts, data and expected results. Involvement may also require in defining the Business cut over approach, including instrument / static data population, ensuring new processes / procedures are in place and the global user community is properly trained.

Key responsibilities of this role are:

· Documentation of Strategic Pricing detailed requirements

· Producing functional/technical specifications with traceability to requirements

· Designing the system configuration

· Working with delivery teams to ensure delivery will meet consumer needs and understand the detailed design, implementation and delivery plans

· Building and managing relationships with consumer technical and business contacts

· Detailed analysis and modelling of current processes, data flows and actual price data attributes and coverage

· Reconciliation of current services against new, ability to identify gaps explain and resolve where appropriate

· Developing detailed adoption and implementation plans

· Liaising with multiple internal delivery work streams to ensure consistency and quality of deliveries and consumer preparation

· Defining best practice standards and formats of analysis artefacts for use across the team

· Involvement in test planning, preparation and pre-UAT test execution

· Ensure compliance with all relevant internal instructions (FIMs, GSMs, circulars) and external regulatory

Knowledge & Experience / Qualifications

· Strong background in Investment Banking domain, ideally with experience of Global Markets ( Buy / Sell Side ) and Securities Services (Fund Administration)

· Strong background in instrument and pricing reference data domain

· Strong understanding of valuation of Investment Banking products - Equity, Exchange Traded Derivatives, Collective Investment Schemes, Fixed Income and FX.

· Good understanding of Rates products encompassing Interest Rates, Yields, Inflation Swaps, Interest Rate Swaps, Options and Forward Rate Agreements from a data perspective

· Technical knowledge of major data vendor feeds (e.g. Thomson Reuters, Six Financial, ICE, Bloomberg, Markit etc.)

· Experience of third party EDM software products and concept of ‘Golden Source' data provision to multiple cross business line consumers

· Proven success in Business Analysis roles om multiple projects covering all aspects outlined above

· Excellent analytic and problem solving skills with proven background in structured analysis techniques, coupled with strong Business Analysis toolkit (requirement elicitation techniques, process mapping etc.)

· Excellent communication and interpersonal skills

· Able to build strong working relationships with other functions and stakeholders

· Ability to work independently and take accountability of activities of a project from initiation through to delivery

· Experience of working with a globally distributed team and with different cultures, ideally including UK and HK

· Positive ‘can do' attitude: delivery and results focused

· Ability to plan and organise workload, taking into account relative and conflicting priorities, seeking win/win solutions where possible

· Ability to work accurately under pressure to tight deadlines

· Experience of Agile delivery techniques, having delivered using Agile methodology in previous roles.

Desired profile

Qualifications :

Overview

The Global Data Services (GDS) group is responsible for managing the acquisition, validation, maintenance and distribution of market reference and pricing data globally across multiple HSBC business entities. The group has around 380 staff worldwide, with primary operations in 2 offshore sites (Bangalore & Colombo) and 3 onshore sites (London, Edinburgh, Hong Kong).

GDS was established in Jan 2010 with the mandate to create a Shared Service Organisation capable of servicing HSBC's instrument & pricing data requirements globally. Currently, GDS services three divisions of the bank – HSBC Security Services (HSS), Global Banking & Markets (GB&M) and Private bank– and has undertaken a significant strategic programme of work to effect the transformation required while also managing the immediate demands for change within those two customers.

The types of instrument and pricing services provided by GDS include:

· Setup and maintenance of security data – bonds, equities, fixed income, derivatives etc.

· Sourcing & cleansing pricing data from multiple vendors, validating that data (via both automated validation rules and through manual exceptions handling) and distributing it to multiple target systems in the HSS and GB&M businesses.

· Technology services include the pass-through distribution of reference data, such as ratings and calendar data into multiple target systems.

· Other manual services include the pre-cleansing of security information (e.g. market specific reconciliations) prior to distributing it via the central data hub (GRDS – Global Reference Data System).

HSBC is investing to build and deliver a centralised Strategic Pricing Platform which will allow the key business areas to utilise a number of pricing business improvements. This should lead to significant cost reductions, cost avoidance, closure of a number of open audit & control issues and offer sustainable reduction in vendor license costs. Furthermore, introduction of this strategic platform will create additional bandwidth allowing the GDS Pricing team to focus on added value activities to provide an improved service to internal and external clients.

Purpose

A high calibre Business Analyst with experience of Investment Banking products, and strong reference data & pricing knowledge/experience, is required to work on the Strategic Pricing programme to perform a variety of Analysis tasks necessary in the requirements analysis, functional specification, configuration, testing and implementation of the core strategic pricing platform.

Responsibilities

The Business Analyst is primarily responsible for: capturing requirements, providing functional and in some cases technical designs, configuring the system, supporting the build, and working with the test team in documenting test conditions, creating test scripts, data and expected results. Involvement may also require in defining the Business cut over approach, including instrument / static data population, ensuring new processes / procedures are in place and the global user community is properly trained.

Key responsibilities of this role are:

· Documentation of Strategic Pricing detailed requirements

· Producing functional/technical specifications with traceability to requirements

· Designing the system configuration

· Working with delivery teams to ensure delivery will meet consumer needs and understand the detailed design, implementation and delivery plans

· Building and managing relationships with consumer technical and business contacts

· Detailed analysis and modelling of current processes, data flows and actual price data attributes and coverage

· Reconciliation of current services against new, ability to identify gaps explain and resolve where appropriate

· Developing detailed adoption and implementation plans

· Liaising with multiple internal delivery work streams to ensure consistency and quality of deliveries and consumer preparation

· Defining best practice standards and formats of analysis artefacts for use across the team

· Involvement in test planning, preparation and pre-UAT test execution

· Ensure compliance with all relevant internal instructions (FIMs, GSMs, circulars) and external regulatory

Knowledge & Experience / Qualifications

· Strong background in Investment Banking domain, ideally with experience of Global Markets ( Buy / Sell Side ) and Securities Services (Fund Administration)

· Strong background in instrument and pricing reference data domain

· Strong understanding of valuation of Investment Banking products - Equity, Exchange Traded Derivatives, Collective Investment Schemes, Fixed Income and FX.

· Good understanding of Rates products encompassing Interest Rates, Yields, Inflation Swaps, Interest Rate Swaps, Options and Forward Rate Agreements from a data perspective

· Technical knowledge of major data vendor feeds (e.g. Thomson Reuters, Six Financial, ICE, Bloomberg, Markit etc.)

· Experience of third party EDM software products and concept of ‘Golden Source' data provision to multiple cross business line consumers

· Proven success in Business Analysis roles om multiple projects covering all aspects outlined above

· Excellent analytic and problem solving skills with proven background in structured analysis techniques, coupled with strong Business Analysis toolkit (requirement elicitation techniques, process mapping etc.)

· Excellent communication and interpersonal skills

· Able to build strong working relationships with other functions and stakeholders

· Ability to work independently and take accountability of activities of a project from initiation through to delivery

· Experience of working with a globally distributed team and with different cultures, ideally including UK and HK

· Positive ‘can do' attitude: delivery and results focused

· Ability to plan and organise workload, taking into account relative and conflicting priorities, seeking win/win solutions where possible

· Ability to work accurately under pressure to tight deadlines

· Experience of Agile delivery techniques, having delivered using Agile methodology in previous roles.