Business Systems Analyst

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role:

The modernization program is underway targeting the most critical business systems across the firm; to support these efforts, Institutional Trade Processing (ITP) line of business is seeking to form a team of business systems analysts to surface current state of our ITP applications, partner with product management to challenge this, and document resulting business-centric and future-proof target state requirements that are fed to delivery teams for execution.

The Business Systems Analyst role specializes in acting as the main interface between Technology and ITP business / product areas, identifying, documenting and analyzing business requirements, crafting functional specifications for the project's development teams.

Primary Responsibilities:

• Produce functional specifications by analyzing business requirements, constructing workflow charts and diagrams.
• Lead workflow design and contribute to user experience design, where applicable
• Collaborate with project team, product management, and collaborators on assigned aspects of the project.
• Review estimates of resource needs and schedule of work with related collaborators.
• Provide mentorship to junior team members by elaborating the necessary details required through all phases of projects.
• Participate in creating system documentation under company-specific best practices and standards.
• Recommend controls by identifying gaps and proposing opportunities for automation of processes.
• Align risk and control processes into day-to-day responsibilities to monitor and mitigate risk.

Qualifications:

• Minimum of 4 years of related experience.
• Bachelor's degree preferred or equivalent experience.

Talent needed for success

• Proficiency in all MS Office product offerings with a focus on Visio and Excel
• Familiarity with Agile Software Development (primarily Scrum) principles and techniques
• Understanding and practical use of applicable work management tools for decision making and collaboration (i.e. JIRA, SharePoint, Confluence).
• Experience working on multiple programs/projects as well as handling day-to-day operational requests from Collaborators
• Experience with JSON, XML, APIs, data validation, and/or data modeling a plus
• Work with multiple Collaborators to assemble functional requirements
• Knowledge of institutional trade processing (including Electronic Trade Confirmation, Matching, Straight Through Processing (STP)) and the trade lifecycle a plus
• Experience with Sell Side, Buy Side, and Custodian middle-office post-trade processing a plus
• Knowledge of SWIFT messaging and/or FIX a plus

Soft Skills Required:

• Clear communicator, with good verbal and written communication skills
• Detail oriented.
• Ability to prioritize and focus on most urgent tasks & work in a fast-paced IT environment.
• Not afraid to ask many questions, push back, or raise attention to risks or issues.
• A flexible, and proactive approach to track down resources to gather appropriate information.
• Comfortable working closely with team management to review approaches and requirements that solve the business problem.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About Us

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC's subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC's Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at or connect with us on LinkedIn , X , YouTube , Facebook and Instagram .

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

Learn more about Clearance and Settlement by clicking here .

About the Team

Serves as a dedicated technology resource for advancing DTCC's business opportunities and providing industry thought leadership for leveraging new technology. The goal of this new department is to partner internally with IT, our business and regulatory divisions and externally with clients, regulators, and fintech vendors, to help build new platforms and business models to advance DTCC's mission to support the financial markets.