Senior Business Analyst – Capital Markets & Securities Settlement

Square One Resources is recruiting for a financial institution project focused on designing and implementing a securities post-trade and settlement platform integrating with Polish capital markets infrastructure and other market systems.

• Extensive experience as a Business Analyst in securities post-trade, settlement, custody, or securities operations.
• Strong understanding of capital markets instruments including bonds, equities, and repos.
• Experience with bond issuance processes and debt securities lifecycle management.
• Knowledge of Polish capital markets infrastructure, especially KDPW-related processes.
• Experience with front-to-back capital markets platforms such as Calypso and Murex.
• Proven experience in system integration within banking or financial services environments.
• Hands-on experience with messaging technologies: Kafka, MQ, FIX, AMQP, SFTP.
• Strong understanding of XML and financial messaging standards.
• Knowledge of CSDR regulation and post-trade lifecycle processes.
• Excellent stakeholder management, communication, and documentation skills.

Business Analysis & Delivery:

• Gather, analyse, and document business and regulatory requirements.
• Translate requirements into functional and system specifications.
• Define end-to-end transaction lifecycle including matching, settlement, reconciliation, and exception handling.
• Support delivery across multi-stream initiatives in complex capital markets environments.

Settlement & Post-Trade Processing:

• Design and validate settlement workflows across multiple market infrastructures.
• Define and manage transaction statuses such as matched, pending, failed, and settled.
• Design exception handling processes for failed or unmatched transactions.
• Support settlement and payment instruction processing, including NBP Sorbnet integration.

Systems Integration & Messaging:

• Define integrations with KDPW, Clearstream, NBP (Sorbnet), and Bloomberg TOMS.
• Work with messaging technologies including Kafka, IBM MQ, AMQP, FIX, and SFTP.
• Ensure full traceability, auditability, and message replay capabilities.
• Support XML-based financial messaging and validation processes.

Reconciliation & Reporting:

• Define end-of-day reconciliation processes across asset and cash positions.
• Design mechanisms for discrepancy detection and audit trail management.
• Support regulatory and operational reporting in Excel, CSV, and PDF formats.
• Enable historical “as-of” data views for audit and investigation purposes.

Financial & Accounting Logic:

• Support design of financial calculations including Weighted Average Cost (WAC), interest accruals, FX revaluation, short selling, and P&L calculations.

Regulatory & Controls:

• Ensure compliance with CSDR regulation including settlement discipline and penalties.
• Maintain end-to-end audit trails across transactions and messaging flows.
• Support maker-checker and operational control frameworks.