Company Description Xcelerated Consulting Group, LLC (XCG) is a management consulting firm specializing in AI and data science services for enterprise clients. The company supports organizations with AI transformation, OpenAI/ChatGPT solutions, cloud discovery, migration and optimization, data lake modernization, and IT professional placement. XCG also provides Microsoft Copilot Services with Azure OpenAI to help enterprises leverage data warehouses, databases, documents, websites, and other knowledge bases for productivity and revenue growth. With expertise in AI digital application innovation, data and AI, modern work engagement, AI process mining, and AI business application development, XCG enables clients to modernize operations on any cloud platform. As a Snowflake solution partner, XCG implements modern data platforms for organizations becoming data-driven in the cloud data economy.
Role Description
The Senior Calypso Business Analyst will work on a contract basis in a hybrid capacity, primarily located in Montreal, QC, with some work-from-home flexibility. This role analyzes and documents business requirements for Calypso-based trading, risk, and treasury systems, then translates them into functional specifications for technology teams. Day-to-day tasks include conducting detailed process reviews with stakeholders, performing gap analyses between current and target system capabilities, and supporting solution design and Calypso configuration. The analyst will collaborate closely with front office, risk, operations, and IT teams; facilitate workshops; prepare user stories and test cases; and support system and user acceptance testing. The role also involves providing production support analysis, contributing to continuous process improvement initiatives, and ensuring that delivered solutions align with regulatory, risk, and operational standards.
Core Purpose & Scope
- Leading functional transformations and large-scale projects (e.g., T+1) to evolve the Calypso platform.
- Focus Areas: Bridging the gap between Business lines (Prime Brokerage, Fixed Income, Equities) and IT/Development teams to implement new markets, brokers, and reporting tools.
- Operational Context: Acting as a strategic link in a global ecosystem, coordinating between European business units and offshore development/support hubs (Mumbai).
Profile Segregation
- Senior Business Analyst (MOA/Project Focus):
- Focus: Project Management (10%), Functional Evolution (40%) and testing (20%).
- Core Task: Leading the full project lifecycle: from requirement gathering and specification writing to UAT (User Acceptance Testing) and change management.
- Key Requirement: Deep expertise in CIB business processes and the ability to translate complex business needs into technical requirements.
- Functional Expert (L3 Support & Coordination):
- Focus: Advanced L3 troubleshooting (10%) and Global/Offshore coordination (20%).
- Core Task: Resolving complex functional issues and mentoring/validating the work of offshore teams in India to ensure global standardization.
Technical & Functional Skillsets
- Back Office Mastery: Deep knowledge of Settlements (Bilateral, Clearing, CPs, Brokers), Accounting, and Trade Life Cycle.
- Business Analysis (MOA): Mastery of scoping, functional specifications, non-regression testing, and manual/automated test scenario design.
- Project Management: Governance, risk identification, planning, and driving "Conduit du changement" (Change Management).
- Technical Stack:
- Data: Advanced SQL for data analysis and reconciliation.
- Systems: Calypso (Back Office modules), Front Office interfaces, and reporting tools.
Soft Skills & Operational Requirements
- Communication: High-level stakeholder management involving Front Office, Finance, Regulatory bodies, and external partners (Brokers, Custodians, CCPs).
- Leadership: Ability to coordinate global teams, mentor offshore staff, and manage the transition of cross-asset Global Markets activities.
- Mindset: Analytical, organized, and capable of managing high-stakes projects involving complex regulatory and operational changes.
- Strong Business Analysis skills, including requirements elicitation, documentation, and stakeholder management.
- Solid Analytical Skills for complex problem-solving, data interpretation, and evaluating system impacts.
- Effective Communication skills for working with cross-functional teams, presenting findings, and writing clear documentation.
- Experience with Business Process modeling and optimization, especially in capital markets, risk, or treasury environments.
- Proven ability to define and manage Business Requirements and user stories for Calypso or similar trading and risk platforms.
- Hands-on experience with Calypso configuration, workflows, and end-to-end trade lifecycle; knowledge of financial products (FX, derivatives, fixed income) is an asset.
- Familiarity with testing practices, including test case design, regression testing, and user acceptance testing support.
- Bachelor’s degree in Finance, Business, Computer Science, Engineering, or a related field; advanced degree or professional certification (e.g., CBAP, CFA, FRM) is advantageous.
- Ability to work effectively
