Business Analyst – Alternative Settlement Location Support

About the Role

We are seeking a Business Analyst to support the implementation of a key initiative enabling alternative settlement locations for securities that cannot settle via T2S. The role will focus on clearing, settlement, and related flows, offering the opportunity to work on complex market infrastructure and contribute to industry-wide transformation.

Key Responsibilities

Settlement Flow & Realignment

• Map and document settlement flows between clearing accounts and member accounts.

• Define Standard Settlement Instructions (SSI) for non-T2S eligible securities.

• Establish settlement combinations per country where direct T2S settlement is not permitted.

• Create rules and procedures for realignment triggers (e.g., LACK, economic reasons), manual realignment, and automated realignment requirements.

System & Process Configuration

• Configure systems to support alternative settlement links.

• Define clear procedures for issue handling and escalation.

Project & Workflow Support

• Provide day-to-day support across a portfolio including research, quantitative analysis, process, and project management.

• Take ownership of project components, delivering clearly defined outputs.

• Contribute actively to achieving the objectives of the initiative and related projects.

Collaboration & Leadership

• Work closely with cross-functional settlement teams.

• Conduct workshops and coach team members.

• Lead small teams within larger projects.

• Learn from subject matter experts on settlement flows and realignment triggers.

Skills & Experience

• 2–3 years’ experience in operational areas such as Finance, Operations, or Business Support.

• Participation in at least one project involving best practices in operational models.

• Strong business analysis skills with the ability to manage tasks and deliverables independently.

• Excellent interpersonal and communication skills for effective team collaboration.

• Proficiency in written and spoken English.

• Solid knowledge of settlement flows and T2S is highly desirable.