About this role
Project description
An opportunity is available for a Collateral E2E Business Analyst focusing on UI to join our client, a leading Australian Financial Institute, as part of the team migrating collateral onto Calypso. This role is a key contributor to a major post-trade transformation program, responsible for configuring and customising Calypso collateral functions, defining operational workflows and UI requirements, and driving end-to-end scenario testing, defect management and business acceptance through to go-live within the client's clearing and settlement ecosystem.
Responsibilities
- Configure and customise Calypso collateral functions, including margin call contracts, eligibility schedules, haircuts, thresholds/MTA and allocation rules, within a CCP context.
- Define target-state operational workflows for collateral and margin processes (margin call generation, collateral pledges/substitutions/returns, allocations, cash and security movements).
- Elicit, document and specify UI and workflow requirements, including interface related UI requirements, screen layouts, field behaviour, validations and user entitlements.
- Perform current
- and future-state process mapping with Operations and business users; identify gaps and drive design decisions.
- Translate requirements into epics, features and user stories with clear acceptance criteria.
- Design and execute end-to-end scenarios spanning upstream trade feeds, Calypso collateral processing, settlement and downstream reporting.
- Plan and coordinate UAT/E2E testing cycles: test strategy input, scenario/test case design, test data, execution and evidence.
- Lead defect triage — log, prioritise, reproduce and coordinate resolution with the vendor, development and test teams.
- Drive business acceptance and sign-off; support operational readiness, training and embedding changes into BAU.
- Work closely with the Migration squad to ensure migrated collateral data supports E2E operational workflows.
- Build strong engagement with Operations, Risk, Treasury and business users across all seniority levels.
Skills
Must have
- 10+ years in Capital Markets with 5+ years hands-on Calypso experience, with very strong expertise in the Calypso Collateral module.
- Very strong collateral management domain knowledge — IM/VM, margin call lifecycle, eligibility, haircuts, thresholds/MTA, cash and securities allocations.
- Hands-on Calypso configuration experience (collateral contracts, workflows, static/reference data, UI/workstation set-up).
- Proven experience writing UI and workflow specifications and performing business process mapping.
- Strong UAT and end-to-end testing experience, including scenario design, execution and test evidence.
- Strong defect triage and management experience (e.g. JIRA) with vendor and technology teams.
- Experience driving business acceptance and sign-off for Tier 1 implementations.
- Excellent stakeholder engagement with Operations and business users; strong facilitation and communication skills.
- Experience in Agile delivery with JIRA and Confluence.
Nice to have
- Knowledge of Equities clearing platform, CCP Settlement processes, and margining frameworks.
- Experience at an Exchange or Central Counterparty (CCP) in a clearing or collateral capacity.
- Exposure to Calypso integrations (SWIFT, MQ, REST APIs) and settlement systems (e.g. Austraclear).
- Technical knowledge of SQL/XML for data analysis and issue investigation.
- Experience with test automation or test management tools.
- Experience working with global, distributed stakeholder teams
Other
Languages
English: C2 Proficient
Seniority
Senior
Melbourne, Australia
Req. VR-125757
Calypso
BCM Industry
27/10/2026
Req. VR-125757