Front Arena Back Office BA
Our current client is an Italian based bank founded in the late 1980s providing investment and asset management services to private and institutional clients covering Fixed Income and Equities. A Milanese institution with 500 employees, they are credited for their innovative initiatives as well as their contributions to local art and culture projects and having branches spanning the entire Italian peninsula and Switzerland. Their almost €9 billion AUM have made them a significant local contributor around the Mediterranean.
They are currently undergoing a full front to back cross asset platform migration from their legacy Murex installation to a brand new hosted Front Arena 2020.2 estate covering risk, trades, and back office operations. This is done to accommodate the growing market trend to unify their activities onto one platform to increase improved integrations with a holistic and coherent setup. Moving this to a cloud will subsequently increase the efficiency while minimizing the upkeep.
We are looking for a Senior Front Arena Back Office Business Analyst to join the project at a critical time to cover Middle Office and Back Office functionalities, workflows and general processes, focusing on and taking charge of the accounting module setup. You will be the Back Office SME providing guidance on the entire Operations including Accounting. You will be setting up all the different T-Accounts, managing the groupings and books as well as assisting to improve delivery timelines.
The ideal candidate will have at least 5 years of Front Arena experience, with a deep understanding surrounding the implementation of Front Arena overall and Back Office particularly. You need to be familiar with confirmations and settlements in general and especially long term confirmations, setup and import of counterparties, etc. and be adept at the use of the Accounting Module. You also need to have familiarity with Swift messaging. Any overarching knowledge of Interest Rate Swaps, Bonds, Credit, FX and Equities as well as their derivatives (Options, Futures, Swaptions, Swaps) is highly advantageous, particularly on netting the IRS.
You will establish yourself as a valued asset for an expanding client who put innovation in the forefront of their expansion. This will enable you to work on the newest technologies that Front Arena has to offer, working with some of the best Front Arena consultants in the world, as well as having the possibility of travelling to beautiful Milan.