| Company Overview |
Markit is a leading, global financial information services company with over 1,900 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace.
With over 1,500 institutions using our independent services as clients - including investment banks, hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies - we provide round-the-clock support from our offices in London, New York, Dallas, Toronto, Amsterdam, Frankfurt, Henley on Thames, Singapore, Tokyo and Sydney.
Markit is an entrepreneurial company and a fast-growing business. We continue to expand our presence around the world and offer exciting career opportunities across sales, customer support, product management, information technology and professional services. |
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| Department Overview |
| Born out of the recent acquisitions of ClearPar and Storm the Markit Loans Processing group provides post trade services to market participants of both primary and secondary loan trades. The core elements of the group are trade settlement and global loan data; currently ClearPar is the market leader in trade settlement and WSOData is the market leader in global syndicated loan data. The group seeks to leverage other Markit assets to become a hub through which the trade settlement and loan messaging processes flow, thereby reducing trade settlement times and risk in the market. These assets include Markit Entity Identifiers, Markit Document Exchange, and the DTCC’s delivery vs. Payment service. Further to this goal, Markit’s acquisition of Storm Networks represents major change to the way that the market settles loan trades and will form the basis for the next generation of loan trade processing and messaging platform. The Storm and ClearPar platforms have been combined to form Markit Clear. An integral part of the settlement platform includes the Markit Clear Inventory Module whereby agent banks provide lenders a real-time look into their current positions across assets and funds. Markit Clear Inventory will be the primary emphasis for this Business Analyst position, with the role naturally involving both other integrated systems, as well as other Markit Clear product offerings.
The product management team is responsible for the vision and direction of the product. The team performs the design/definition of product enhancements, interaction with clients to understand their needs and the analysis of market trends to determine the strategic direction the product should move towards.
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| Role Summary |
| Sr. Business Analyst – Markit Clear Inventory
The business analyst candidate will provide the link between the customer, development team, and any third party regarding software functionality that supports loan inventory and its components. The candidate will be a key player involved in the entire product development life cycle.
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| Duties and Responsibilities |
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| Perform analysis on business problems and requirements to determine source and develop options / alternatives. Make recommendations among alternatives. |
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| Define modifications to existing systems in order to meet internal and external user requirements. |
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| Work closely with the business partners and subject matter experts to produce artifacts including business requirements, functional specifications, test plans, release notes, and marketing materials. |
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| Perform in depth product testing and ongoing support for the quality assurance team. |
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| Provide level 2 support for customer support issues. |
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| Provide reporting services to support both internal and client operations. |
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| Business Competences |
| Educational Experience |
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| Undergraduate degree in the field of technology or finance ; Graduate degree (MS, MBA) preferred |
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| At least 5 years prior experience as a Business Analyst/Product Manager (ideally in the financial sector) |
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| Business Certifications (CFA, CPA, CAIA, FRM, etc) |
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| Commercial Awareness |
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| Understanding of general financial terms and principals |
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| Interest in financial markets and transactions |
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| Experience in the syndicated loan market/structured finance obligations (including CLO’s, CDO’s, etc) |
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| Experience in loan processing, including intimate knowledge of the messages/notices used to communicate changes to the underlying loans held by investors |
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Personal Competences |
| Personal Impact |
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| Expert MS Office and MS Excel skills |
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| Solid experience with integrated systems |
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| Understanding of technology terms and fundamentals |
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| Unique blend of business and technology expertise |
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| Previous experience with a software product launch |
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| Solid experience with Web Services (SOAP) |
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| Expert XML skills |
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| Expert SQL skills |
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| Communication |
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| Strong written and verbal communication skills |
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| Ability to lead conference calls with both internal and external participants |
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| Teamwork |
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| Ability to work creatively, propose ideas and contribute to working groups |
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| Ability to work in a very close team, collaborating with both loan team members as well as other teams within the Markit organization |
Contact Details |
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Interested applicants should send their CV and a covering letter to careers.na@markit.com citing “Senior Business Analyst, Loans Processing” in the subject line.
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Due to the high volume of applications we receive for each of our roles we are unable to respond on an individual basis. If you have not received a response within 2 weeks of having submitted your details, it is likely that your application has not been successful on this occasion.
Please state in your covering letter that you are eligible to work in the location that we are seeking to make this appointment. We are committed to being an equal opportunity employer.
We kindly and respectfully request agencies not to submit applications.
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