Job Description, Responsibilities & Requirements
About the Position
Calypso Business Analyst
Luxoft has one of the world's leading Calypso practices. We are a top-tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration. We provide end-to-end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.
Project Description:
Support and additional build out (projects) for Calypso instance.
Compensation for NYC: $160,000 - $200,000 USD Gross per year based on your interview results.
Responsibilities
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Account Setup & Chart of Accounts Mapping
- Configuration of chart of accounts including account creation, categorization, and hierarchy
- Mapping of Calypso internal accounts to GL accounts in downstream systems (e.g. SAP GL)
- Definition of accounting schemas, posting rules, and account aliases per asset class
- Management of account attributes: currency, legal entity scope, and account type
- Collateral set up of tri-party agreements and accounting flows
- Nostro management
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Legal Entity Configuration
- Definition and setup of Legal Entities including roles (issuer, counterparty, custodian, etc.)
- Configuration of Static Data Items (SDIs): BIC codes, LEI, settlement instructions, contact details
- Assignment of books, portfolios, and counterparties to the correct legal entity hierarchy
- Management of entity-level permissions, entitlements, and workflow access controls
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Transfer Rules & Workflow Configuration
- Creation of transfer rules governing movement of cash and securities between accounts
- Configuration of settlement workflows including STP rules, manual override, and exception handling
- Setup of auto-confirmation rules, partial settlement logic, and fails management
- Netting and aggregation rules for transfer optimization across legal entities
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Message Workflow Configuration
- Design and configuration of inbound and outbound message routing workflows
- Setup of SWIFT MT templates: MT103, MT202, MT540/541, MT542/543, MT548, MT950, MT940
- Configuration of MX (ISO 20022) templates: pain.001, camt.052/053/054, sese.023/024, pacs.008/009
- Definition of message routing rules, transformation mappings, and SWIFT connectivity
- Troubleshooting of message failures and SWIFT exception handling
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SAP Integration – AP, Payments Engine & General Ledger
- Integration of Calypso accounting entries with SAP Accounts Payable (AP BAS)
- Configuration of the SAP Payments Engine interface for outbound payment instructions
- Mapping and reconciliation of Calypso journal entries to SAP GL cost centres and profit centres
- Management of Calypso-to-SAP interface: file formats, posting frequencies, error handling
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Matching & Reconciliation Rules
- Configuration of trade matching rules for securities settlement (depot vs. nostro)
- Setup of cash reconciliation rules and tolerance thresholds for intraday and EOD
- Definition of break identification, ageing, and escalation rules
- Integration with external reconciliation tools (e.g. Intellimatch, TLM) where applicable
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Account Reconciliation Reporting
- Design and generation of reconciliation reports per legal entity and book
- Configuration of standard and custom Calypso reconciliation report templates
- Automation of daily, month-end, and year-end reconciliation report production
- Root-cause analysis of breaks and coordination of resolution across settlement and accounting teams
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Statement Generation per Legal Entity
- Configuration of account, position, and custody statements per legal entity
- Scheduling of automated statement production and delivery via Calypso or SWIFT
- Validation of statement content against internal records and external custodian confirmations
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Custom Workflows
- Development of custom workflow definitions using the Calypso workflow engine
- Configuration of task station queues, user assignment rules, priority logic, and escalation paths
- Implementation of event-driven triggers linked to trade lifecycle, settlement, and accounting events
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BO Reporting – Payments, Positions, Transfers & Task Station
- Production of operational reports: payment runs, position reports, and transfer blotters
- Configuration of Calypso Task Station for real-time monitoring of settlement tasks and fails
- Development of MIS reports covering exposure, settlement efficiency, and fails rates
- Data extraction for regulatory reporting linkages (EMIR, MiFID II)
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Integration & Process Optimisation
- End-to-end integration design between Calypso and external systems (SAP, SWIFT, custodians)
- Optimization of STP rates across settlement and accounting workflows
- Performance tuning of Calypso batch processes for EOD accounting and position keeping
- Participation in UAT, SIT, and regression testing across integrated environments
Requirements
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Must have
- Should have a degree in Accounting and finance.
- 8+ years' experience with Capital markets instruments: fixed income, equities, FX, derivatives, repos, and structured products
- Trade lifecycle from execution through settlement and accounting treatment (IFRS or local GAAP)
- CSDR settlement discipline regime and fails reporting obligations
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Nice to have
- Ability to work under pressure in a fast-paced environment is essential.
- Have a willingness to learn new skills
- Must have attention to detail
- Must have the ability to work independently and also as part of a group
- Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
- Any technical knowledge (Writing simple SQL query, be able to read code)
- Conflict management ensuring collaborative outcomes
- Excellent attention to detail and accuracy
We Offer
- Competitive salary range of $160,000 - $200,000 USD Gross per year
- Opportunity to work in a leading Calypso practice
- Collaborative and innovative work environment
About the Company
Luxoft is a top-tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration. We provide end-to-end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.