Sps Business Analyst

Job description

Role Title: SPS Business Analyst
Business:  EDD IT – GDS IT – Pricing
New or Existing Role: New
Immediate Supervisor: SPS Analysis & Configuration Lead
Location: Stirling
 
Role Purpose:
Overview
 
The Global Data Services (GDS) group within Enterprise Data Delivery (EDD) 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 350 staff worldwide, with primary operations in 2 offshore sites (Bangalore & Kuala Lumpur) and 3 onshore sites (London, Stirling, 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 - to provide an efficient and effective centralised non-real time vendor pricing service, serving multiple systems/consumers within HSBC.
 
 
Key Accountabilities:
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 required in defining the Business cut over approach, including instrument / static data population, migration of historical prices, ensuring new processes / procedures are in place and the global user community is properly trained.
 
Specific tasks could include:
•       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 workstreams to ensure consistency and quality of deliveries and consumer preparation
•       Defining best practice standards and formats of analysis artefacts for use across the team.
 
 
Management of Risk:
Responsible for the continual assessment of operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.
 
Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role.
 
 
Observation of Internal Controls:
Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
 
Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC Bank plc internal controls and compliance policies and manuals.

Desired profile

Knowledge & Experience / Qualifications:
 
·         Strong background in Investment Banking and Fund Services
·         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, IDC, Bloomberg, Markit etc.)
·         Instrument and Pricing Data project experience
·         Excellent analytic and problem solving skills with proven background in structured analysis techniques.
·         Excellent communication and interpersonal skills
·         Able to build strong working relationships with other functions and stakeholders
·         Proven success in Business Analysis roles on multiple projects covering all aspects outlined above.
·         Experience of working with a globally distributed team and with different cultures, ideally including India 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 working successfully with internal technical and 3rd party software vendor teams to ensure the solution meets Business needs
·         Experience of the existing traditional funds systems landscape would be helpful (e.g. ICON)
·         Extensive knowledge of emerging industry practices in problem solving scenarios.
 
 
 

About HSBC

HSBC est l’une des plus grandes banques internationales avec une présence dans plus de 85 pays dans le monde. Elle a été créée en 1865 sous le nom de « The Hongkong and Shanghai Banking Corporation », et son siège social est basé à Londres. En France, HSBC totalise environ 400 agences et près de 10 000 salariés, avec une spécialisation dans plusieurs activités : une banque pour les particuliers, spécialisées notamment dans la gestion de patrimoine, une banque privée (gestion de fortune), une banque d’entreprises, qui s’appuie sur le réseau de l’ensemble du groupe HSBC dans le monde, et une banque de financement, d’investissement et de marchés. En 2012, HSBC France a réalisé un résultat avant impôt de 450 millions d’euros.