Senior Calypso Business Analyst

We are seeking an experienced Senior Calypso Business Analyst to support a Calypso platform upgrade from v18 to v19. The successful candidate will play a key role in analysing the impact of the upgrade, documenting requirements, coordinating testing, and ensuring a smooth transition across front, middle, and back-office functions.

Responsibilities

• Analyse the functional and technical differences between Calypso v18 and v19, assessing impact across business processes
• Gather, document, and manage business and functional requirements for the upgrade
• Work closely with business users (front, middle, and back office) to understand current workflows and identify areas affected by the upgrade
• Support gap analysis, identifying changes to functionality, workflows, and integrations
• Liaise with development, QA, and infrastructure teams throughout the upgrade lifecycle
• Define and support test scenarios, test cases, and coordinate UAT
• Assist with defect triage, resolution tracking, and regression testing
• Document changes to configuration, workflows, and reporting
• Support data migration and reconciliation activities where required
• Provide post-implementation support and hypercare

Requirements

• Proven experience as a Business Analyst within Calypso environments
• Strong knowledge of Calypso across multiple modules (e.g. Trade Capture, Market Data, Risk, Collateral, Settlements, Accounting)
• Direct experience with Calypso version upgrades (v18 to v19 highly advantageous)
• Solid understanding of trade lifecycle and derivatives/treasury products
• Experience in requirements gathering, gap analysis, and test coordination
• Familiarity with SQL for data analysis and validation
• Strong stakeholder management and communication skills
• Experience working within Agile and/or Waterfall delivery methodologies

We offer

• EPAM Employee Stock Purchase Plan (ESPP)
• Protection benefits including life assurance, income protection and critical illness cover
• Private medical insurance and dental care
• Employee Assistance Program
• Competitive group pension plan
• Cyclescheme, Techscheme and season ticket loans
• Various perks such as free Wednesday lunch in-office, on-site massages and regular social events
• Learning and development opportunities including in-house training and coaching, professional certifications, and courses
• If otherwise eligible, participation in the discretionary annual bonus program
• If otherwise eligible and hired into a qualifying level, participation in the discretionary Long-Term Incentive (LTI) Program

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