Senior Associate, Business Analyst

About Cls:

CLS is the trusted party at the centre of the global FX ecosystem.  Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective.  Trillions of dollars’ worth of currency flows through our systems each day. 

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies.  We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people.  Our values underpin everything that we do at CLS and define our working environment:

• Pivotal purpose
• Trusted guardian
• Targeted innovation
• Facilitate connections
• Delivering excellence
• Inclusive culture

Job Information:

• Functional title - Senior Associate, Business Analyst
• Department - Technology
• Corporate level - Senior Associate
• Report to - Executive Director, Head of Business Analysis
• Location - Iselin, NJ or New York, NY 
• Expected full-time salary range between $ 85,000 - $100,000 + variable compensation + 401(k) match + benefits.
• Note: Disclosure as required by NJ/NY Pay Transparency Law of the expected salary compensation range for this role.

Your Role

CLS helps clients navigate the changing FX marketplace – reducing risk and creating efficiencies. Our innovative, forward-looking products make the trading process faster, easier, safer and more cost-effective – empowering our clients’ success.

We are seeking an experienced business analyst who can demonstrate strong analytical, problem-solving and communication skills. You will be a great fit, if you are a self-starter, who is passionate about your work and willing to take ownership.

Your Responsibilities

• Deliver detailed business requirement/functional requirements/use cases/user stories/wireframes/ data mappings/training materials.
• Partner with key stakeholders to help shape and prioritize product roadmap.
• Work with development teams to identify solutions and help build better products.
• Work closely with QA and development team to ensure implementation meets requirements and usability guidelines.
• Develop subject matter expertise in your area of responsibility.
• Provide SME support, product demonstrations and training to internal & external users.

Your skills & qualifications

• 4-5 years of professional Business Analysis experience
• Financial Services and / or regulated organizational experience
• Bachelor’s degree in Technology/Finance/Business/Science or related field of study is essential.
• Must have excellent knowledge and experience of creating Business Requirements Documents (BRD) and Functional Requirements Specifications (FRS), specifically mapping document that describe how messages from one format can be translated to messages into another format (e.g., ISO 20022 to/from MT, ISO 20022 to/from an internal system format, etc.).
• Has supported business requirements definition and product / supplier selection in competitive procurement processes i.e. Response to Proposal (RFP) process
• Knowledge of RTGS system packages, such as Alliance Messaging Hub (AMH), SWIFT Alliance Access (SAA) and PayPlusUSA will be beneficial.
• Good understanding of Software Development Life Cycle (SDLC), familiarity with waterfall and agile methodologies.
• Advanced knowledge and experience of using business analysis tools and techniques such as requirements gathering, process mapping, gap analysis is essential.
• Must be a strong team player who can share knowledge and help others succeed.
• Must have a positive can-do attitude.
• Must be passionate about the quality of your work, strive to continuously improve and challenge the status quo.
• Good client facing skills and the ability to work/communicate with business & technical stakeholders is essential.
• Able to work in complex matrix organization

Our Commitment To Employees:

At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:

• Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
• 2 paid volunteer days so that you can actively support causes within your community that are important to you.
• Generous parental leave policies to ensure you can enjoy valuable time with your family.
• Parental transition coaching programmes and support services.
• Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
• Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
• Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
• Active support of flexible working for all employees where possible.
• Monthly ‘Heads Down Days’ with no meetings across the whole company.
• Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
• Private medical insurance and dental coverage.
• Social events that give you opportunities to meet new people and broaden your network across the organisation.
• Annual flu vaccinations.
• Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
• Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
• All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
• Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.