Specialist, IT Business Analyst

Job Description


Clearing, Markets & Issuer Services Technology (CMIST) is responsible for application development and support for more than 350 critical business systems including Repo Edge (collateral management), Enterprise Payment Hub (multi-currency payment processing), and Broker Dealer Clearance (securities clearing).


Markets & Market Risk Technology (MMRT) within CMIST provides technology management and application development for Foreign Exchange (FX), Securities Finance, Global Collateral Management, Liquidity Management, and Fixed Income & Equities businesses. This group also supports the company’s market risk and counterparty credit risk platforms.



Overview of the role:

We are enhancing our teams and looking for a Business Analyst who has strong analytical, problem-solving and communication skills. We are looking for an individual who is excited about growing our business and servicing our clients.  The incumbent will have the unique opportunity to enhance sophisticated, high-performance market platforms using the latest technology stack and best software engineering practices. The job holder will work with the business to understand and capture requirements, create technical specification documents, and collaborate with developers to produce solutions.  The incumbent will also be responsible for performing functional testing to ensure the developed component meets the requirements.   S/he will follow the BNYM DLC and create the proper artifacts for both requirements and testing evidence.  Knowledge of the securities lending business is a plus, and familiarity with the Global One application is also a plus. 



Specialist Business Analysis Consultant->> Analyzes, defines and prioritizes the business requirements, functional specifications and operational architecture for up to and including highly complex strategic, global programs. Provides consultation to IT and business management on applying technology to business opportunities and planning and implementing cross-functional applications or systems. May allocate/coordinate work within a team/project. Elicits, challenges, and prioritizes requirements using standard processes and templates, and translates into functional design and use case documents. Develops project scope, objectives, constraints and assumptions for a given large, strategic, multi-year project. Participates and provides guidance in development of the technical design, test plans, and user documentation. Consults internal business groups on requirements, functional architecture and implementation. Tracks scope and change throughout the remainder of the initiative utilizing formal requirements management principles, including change control and requirements traceability. Gathers and analyzes information to assist in development of recommendations to address strategic business objectives that span multiple, global business and technology areas. Participates in industry forums and keeps current on domain knowledge for their specific business and application areas of expertise. Applies experiences with existing software and/or systems development processes to develop better processes to be used in the future. Actively influences software development process improvement initiatives. Provides senior level consultation to internal business groups on process improvement projects designed to improve their business results. Contributes to the achievement of related teams' objectives.


  • Bachelor's degree in business or technical-related discipline, or equivalent work experience required
  • 6-8 years of experience in Business Analysis, providing consulting advice to senior IT and business management required
  • Hands on experience with agile and waterfall methodologies 
  • Strong communicator
  • Strong organizational skills
  • Highly motivated and self-starter
  • Fundamental understanding of distributed applications
  • Be able to work in a fast-paced, agile development/project environment
  • Experience in the securities or financial services industry is a plus
  • Knowledge of the Global One application is a plus
  • Knowledge of SQL a plus

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 45141
Job: Information Technology
Organization: Clearing Markets ISS Svcs Tech-HR16624
Requisition Number: 1913618