PRODUCT BUSINESS ANALYST – Asset Servicing DOMAIN

Job Description :

By joining the Group Strategy and Product Expansion Division, you will be joining an international and geographically spread team that, through strong collaboration, articulates the business strategy and engages the company to deliver and grow profitable products & services. You will contribute to growing our relevance in post trade by realising the regulatory agenda in strengthening the financial industry, leveraging our franchise to expand globally and re-architecting the post trade landscape.

You will perform a Product Business Analyst (PBA) role for Asset Servicing within the Change Management department of Group Strategy and Product Expansion.

This is an exciting opportunity to join the Product Change Management department, where you will be responsible for managing the product evolutions in Asset Servicing demanded by your colleague product managers, for defining and designing the required changes/ solution, and for co-ordinating with Group Business Solution (GBS) and Operational teams and other relevant stakeholders (e.g. Commercial, Network, Risk, Legal) to successfully implement them. You could be involved in both IT and non-IT projects related to Asset Servicing, primarily for Euroclear Bank and the ESES CSDs (Euroclear France, Belgium and Nederland). You are motivated to work in a challenging environment, committed to results, while preserving a highly collaborative and supportive work environment.

In this role:

• You drive the project definition phase:
  • You will lead the definition of the detailed business scope with internal (i.e. Product Managers, Operations, Network, Commercial and IT) and external clients or external partners and recommend best solutions taking needs and constraints into account.
  • You collaborate with the Information System Architect and/or Application Owner for the definition of the IT solution.
  • You will define the most optimal trade-off between the project scope and the solution.
  • You prepare the Project Approval Memo with the Sponsor and the Project Leader to support the request for investment proposed to Senior Management in the Portfolio Meeting.
• You are a key contributor to the project baselining phase:
  • You produce the high-level requirements and work with the sponsor to confirm the business case.
  • You coordinate with the Application Development Owners to define the best way to deliver the service.
  • You ensure compliance of the delivery with the agreed business scope and high-level requirements.

• You drive the risk assessment of the new or upgraded service in coordination with Operations, Risk Managers and all relevant stakeholders and obtain approval from the relevant committees.
• You support the IT delivery team, mainly the Business analysts, in preparing the detailed Business Requirements document.
• You work hand in hand with the project sponsors for the Sponsorship committees and the Change Request process.
• You contribute to the project roll-out:
  • draft or review client documentation such as service descriptions, newsletters and contracts.
  • provide support to the migration and commercial teams for new client onboarding (including contacts with clients where relevant).
  • act as second-line expert support for Operations, Commercial, Application Development in the post-launch period and suggest improvements to the service level and client satisfaction.
• You will be asked to work on multiple and/or complex projects/programmes in parallel, and to support or coordinate work between colleagues working on different aspects of the project / programme.
• Today the focus is on waterfall methodology, however in the future, you will have the opportunity to work with an agile methodology which is the trend triggered by the current company transformation.

• Strong business or technical knowledge in the asset servicing domain (corporate action processing, market claims and transformations, related Swift messaging)
• TCS BANCS practical knowledge is a clear plus
• Preferably complemented with good business or technical knowledge in related domains such as settlement (Target 2 Securities)
• Knowledge about tax services (at source tax withholding, tax reclaims), credit and liquidity management are a plus
• Strong analytical skills
• Strong written communication
• Ability to communicate effectively with colleagues, peers and management
• Stakeholder and Relationship Management skills
• High level of autonomy, drive and team spirit
• Ability to coordinate work in project teams
• Good sense of priority management
• Fluent in written and oral English, French and/or Dutch are a plus