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Principal Business Systems Analyst

DTCC
Jersey City, NJ Remote Full Time
POSTED ON 8/30/2022 CLOSED ON 11/16/2022

What are the responsibilities and job description for the Principal Business Systems Analyst position at DTCC?

Are you ready to explore a world of possibilities?

Join our DTCC family, and you’ll grow your expertise and become the best version of you. As you embark on a new journey, you’ll be supported and surrounded by other experts as you learn new skills, advance your career, and see the impact of your efforts every day.

Pay and Benefits:
  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Retirement benefits
  • Paid Time Off and other leave of absence
  • Flexible/Hybrid Work Arrangements
Why you'll love this job:

Being a member of the Information Technology Group, the Business Systems Analysis role specializes in acting as the main interface between Technology and specific business / product areas, identifying, documenting and analyzing business requirements, creating detailed project and process specifications, coordinating with project teams.

Job Responsibilities:
  • Validate 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 all aspects of the project
  • Validate estimates of resource needs and schedule of work with related stakeholders
  • Provide guidance to team members by elaborating the necessary details required through all phases of projects
  • Review input provided to developers and Test Engineers ensuring System Integration and User Acceptance Test scripts properly reflect business and functional requirements
  • Participate in reviews of SIT results and defect reviews; support user acceptance testing as needed
  • Review system documentation to ensure compliance with company-specific best practices and standards
  • Review recommended controls to ensure remediation of perceived risks
  • Validate justification and ROI related to solutions designed to automate manual processes

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Talents Needed For Success:
  • Bachelor's degree preferred or equivalent experience
  • Minimum of 8 years of related experience
  • Bachelor's degree preferred or equivalent experience
  • 8 years of progressive software systems implementation and support, business systems process analysis and design, domain to include two years lead/supervisory experience
  • Drive project management activities including but not limited to project planning, estimation, scheduling, prioritization, business needs traceability, change requests processing, issue resolution, issue escalation, status reporting and lessons learned.
  • Facilitate sessions for gathering Functional and Non-Functional requirements with extensive experience in conducting Current State, Future State, Business Process Analysis and Gap Analysis
  • Practical experience with different software development Methodologies such as Waterfall, Agile.
Additional Qualifications:
  • Serves as a trusted coach or mentor within the organization.
  • Communicates openly keeping everyone across the organization informed.
Who We Are:

DTCC is the heart of the post-trade market infrastructure for the global financial services industry. From 21 locations all over the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. In 2020, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $2.3 quadrillion.

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 DTCC

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry’s needs and we’re working to continually improve the world’s most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

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.


The IT SIFMU Delivery Department supports core Clearing and Settlement application delivery for DTC, NSCC and FICC. The department also develops and supports Asset Services, Wealth Management & Insurance Services and Master Reference Data applications.

Salary : $2 - $0

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