Senior Calypso Accounting Business Analyst [Remote]

First Derivative is driven by people, data, and technology, unlocking the value of insight, hindsight, and foresight to drive organizations forward. Counting many of the world's leading investment banks as clients, we help our clients navigate the data-driven, digital revolution that is transforming the financial services sector. Our global teams span across 15 offices serving clients across EMEA, North America and APAC.

As an EPAM Systems, Inc. (NYSE: EPAM) company, a leading global provider of digital platform engineering and development services, we deliver advanced financial services solutions by empowering operational insights, driving innovation, and enabling more effective risk management in an increasingly data-centric world. Together with EPAM, we combine deep industry expertise with cutting-edge technology to help clients stay ahead in a rapidly evolving financial landscape, offering comprehensive solutions that drive business transformation and sustainable growth.

We are seeking an experienced Calypso Accounting Business Analyst to join a leading Capital Markets technology and finance transformation team based in New York. This role is ideal for a senior professional with extensive expertise in Calypso Accounting, Accounting Reporting, and Financial Accounting, combined with strong business analysis skills and deep product knowledge across multiple asset classes.

The successful candidate will act as the bridge between Finance, Operations, Technology, and Front-to-Back Office stakeholders, leading accounting-related initiatives within the Calypso platform and ensuring accurate financial reporting, regulatory compliance, and operational efficiency.

Responsibilities

• Gather, analyze, and document business and accounting requirements from Finance, Accounting, Operations, and Technology stakeholders
• Lead the design, configuration, and optimization of Calypso Accounting and Accounting Reporting solutions
• Partner with Finance teams to ensure accounting treatments and reporting processes align with internal policies and external regulatory requirements
• Perform gap analysis, impact assessments, and solution design for new business initiatives and system enhancements
• Translate business requirements into functional specifications for development and configuration teams
• Support end-to-end project delivery, including requirements gathering, testing, implementation, and post-production support
• Work closely with QA teams to define test scenarios, execute UAT, and validate accounting and reporting outputs
• Analyze accounting events, workflows, lifecycle events, and system-generated accounting entries
• Support reconciliation activities between Calypso and General Ledger platforms
• Collaborate with stakeholders across Front Office, Middle Office, Back Office, Finance, and Technology teams
• Provide expertise on financial products, accounting implications, and reporting requirements

Requirements

• 7+ years of Business Analysis experience within Capital Markets or Financial Services
• Strong hands-on expertise in Calypso Accounting and Accounting Reporting
• Proven experience working with Financial Accounting processes and controls
• Deep understanding of accounting event generation, accounting rules, reporting, and reconciliation processes within Calypso
• Extensive experience documenting business requirements, functional specifications, process flows, and gap analyses
• Experience supporting system implementations, upgrades, regulatory initiatives, and accounting transformation programmes
• Strong stakeholder management and communication skills across business and technology teams
• Calypso Product knowledge required: Collateral Management, Fixed Income, Money Markets, Treasury, FX Derivatives

Nice to have

• Knowledge of regulatory and financial reporting requirements
• Experience working within large global banking or capital markets environments
• Exposure to Agile and Waterfall delivery methodologies
• Understanding of trade lifecycle processing and front-to-back operational workflows

We offer

• Medical, Dental and Vision Insurance (Subsidized)
• Health Savings Account
• Flexible Spending Accounts (Healthcare, Dependent Care, Commuter)
• Short-Term and Long-Term Disability (Company Provided)
• Life and AD&D Insurance (Company Provided)
• Employee Assistance Program
• Unlimited access to LinkedIn learning solutions
• Matched 401(k) Retirement Savings Plan
• Paid Time Off
• Legal Plan and Identity Theft Protection
• Accident Insurance
• Employee Discounts
• Pet Insurance
• Employee Stock Purchase Program

EPAM is a leading global provider of digital platform engineering and development services. We are committed to having a positive impact on our clients, our employees, and our communities. We embrace a dynamic and inclusive culture. Here you will collaborate with multi-national teams, contribute to a myriad of innovative projects that deliver the most creative and cutting-edge solutions, and have an opportunity to continuously learn and grow. No matter where you are located, you will join a dedicated, creative, and diverse community that will help you discover your fullest potential.
Engineer the Future with a Career at EPAM

This posting includes a good faith range of the salary EPAM would reasonably expect to pay the selected candidate. The range provided reflects base salary only. Individual compensation offers within the range are based on a variety of factors, including, but not limited to: geographic location, experience, credentials, education, training; the demand for the role; and overall business and labor market considerations. Most candidates are hired at a salary within the range disclosed. Salary range: $120,000 - $170,000. In addition, the details highlighted in this job posting above are a general description of all other expected benefits and compensation for the position.

Applications will be accepted on a rolling basis.

EPAM will not provide new H-1B visa sponsorship for this position. Candidates with existing transferable H-1B status may be considered.