Senior Consultant – OTC Derivatives

The Role – What You’ll Do

You will be part of a cross-cultural global team working on a variety of business consulting engagements in Capital Markets, with a focus on OTC derivatives and regulatory reporting. You will be a part of world class team of industry practitioners, subject matter experts, functional consultants and transformation leaders working with various financial institutions.

You will take up a range of roles in the areas of requirements management, process consulting, business analysis, applied AI, tech strategy, program and change management. You will analyze problems and come up with solutions, often creative and out-of-the-box, apply business consulting frameworks and methodologies to address business problems, collaborate with client stakeholders, technology delivery teams and other vendors and be responsible for the delivery of business results to clients.

Here are some engagements our OTC derivatives / reg reporting consultants are working on:

• Working on OTC derivatives regulatory reporting, transaction reporting programs
• Working on upcoming and existing regulations like EMIR, MiFiD, T+1, DORA etc.
• Defining trading platform requirements, persona journeys and experiences
• Conducting strategic assessments to define future state functional / technical architecture to meet strategic client objectives leveraging Design Thinking, Service Blueprinting approach
• Digitalization / transformation / integration of trading platforms covering end to end trade lifecycle
• Developing / Re-imagining reporting platforms using low code / no code development
• Working on traditional and bespoke reporting requirements
• Working with operations teams to understand the change requirements and enabling development team for delivery
• Reimage Operations Users Experience to create an Intelligent Ops dashboard (with KPIs, Real-time notifications, SLAs etc.) with direct access to ops systems

Responsibilities

• Closely work with business partners to analyse & refine the regulatory requirements given by federal authorities & DTCC
• Perform analysis of the requirements to identify changes / enhancements needed and prepare detailed BRD & FRD for technology delivery teams
• Able to perform data analysis to understand the impact of regulatory changes
• Work closely with the delivery teams to ensure successful delivery of requirements, translate and simplify the business and functional requirements for the tech/dev teams
• Write user stories in JIRA based on the business requirements
• Perform feasibility analysis, define project scope, recommend alternative solutions, project strategy, and deliverable prioritization

Basic Qualifications

• Engineering or related technology degree or graduate
• Prior work experience of 7 years either in management consulting or directly working on advisory business, technology or operational change initiatives in Capital Markets industry focused on OTC Derivatives incl. regulations such as Dodd Frank, MiFID, EMIR and similar regulations in other geographies
• Demonstrated ability in defining, mobilizing, and delivering complex regulatory change programs in Capital Markets industry
• Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
• Experience of collaborating with teams, comprising both IT and business specialists
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time

Essential Qualifications / Skills

• Prior experience in regulatory projects, preferably in Transaction Reporting space, e.g. CFTC/Dodd Frank, ESMA/EMIR, MIFID
• Strong understanding and working knowledge in Financial Derivative Products covering both ETD and OTC
• MBA or post graduate management degree
• Techno-functional business analysis skillset
• Experience of working in agile delivery setup
• Experience of working on JIRA tools for requirement gathering and tech analysis details
• Good knowledge of core MS Office products (Word, Excel, Project, Visio)
• Must be able to work under pressure, manage multiple projects, setting appropriate priorities without close supervision
• Must be pro-active, enthusiastic, flexible, results driven and provide attention to detail
• Excellent communication skills both verbal and written; must be able to convey ideas, concerns, opinions and provide appropriate reporting across differing levels of management, senior leadership and at steering/governance
• Experience in delivering projects using both Waterfall and Lean Agile methodologies
• Ability and willingness to work as part of a cross-cultural team including flexibility to support multiple time zones when necessary

Desirable skills

• Prior work experience in big banks in Transaction Reporting space
• Experience with Python / OOP programming language is highly desirable to perform day to day data analysis work at code level
• Proven track record of successfully delivering large or complex programs of work

General Information

• Location – NY, NJ and Boston. Hybrid model required to go to client office 2-3 days per week
• Internal training & leadership programs complemented by industry recognized certifications for reskilling and upskilling
• Formal counselor-counselee system aiding and driving well rounded career growth
• Dedicated mentorship programs, driven by the firm’s women leaders for select women consultants, to drive acclimatization and create future-ready leaders
• Collaborative and open work environment for our consultants to share professional experiences and learn, and define their own success paths
• This job description may not cover or contain a comprehensive listing of all activities, duties and responsibilities that are required of the employee

Along with competitive pay, as a full-time Infosys employee you are also eligible for the following benefits :-

• Medical/Dental/Vision/Life Insurance
• Long-term/Short-term Disability
• Health and Dependent Care Reimbursement Accounts
• Insurance (Accident, Critical Illness , Hospital Indemnity, Legal)
• 401(k) plan and contributions dependent on salary level
• Paid holidays plus Paid Time Off

About Us

Infosys Consulting is the global management and technology consulting practice of Infosys, a global leader in technology services and consulting. We combine the power of time-tested methodologies, people-driven innovation and disruptive technology to enable leaders of the world’s top brands pursue a path of smart transformation. Together with our clients, internal and external partners, we co-create and execute pragmatic strategies and solutions that transform organizations and define the future of business. Our dynamically growing consultancy offers our consultants:

• Ability to design and implement end-to-end solutions at scale

• A flat organization structure with direct access to our senior-most leaders

• An entrepreneurial environment full of bright, highly motivated consultants

• Opportunities for motivated consultants to impact local communities

• The ability to design your career and drive your professional learning and development

• A truly global culture

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Infosys provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.