Business Analyst / Product Owner - Calypso

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About the project

This is how we organize our work

This is how we work

Team members

Your responsibilities

• Work closely with key business stakeholders from Front Office, Operations, Risk and other teams on initiatives including issue remediations, small enhancements and larger initiatives such as rollout of new products and addition of new CCPs
• Collect and drive requirements directly with business stakeholder, and advise on what's technically sensible and feasible within Calypso
• Work on validation and testing of Calypso patches and monthly releases (MRs)
• Set up and configure settings required for booking and pricing of Money Market and Derivative products
• Build, configured, and maintain multiple pricing environments
• Configure pricing parameters and derived market data required for pricing: curves (basis, discount, multi, FX, other) and volatility surfaces for optionality products
• Configure static/reference data: calendars, date rules, counterparties, indices, etc
• Independently investigate complex pricing-related issues and inquiries: NPV, accruals, settlement flows, cumulative cash, Risk, PnL, etc.
• Build and/or modify Calypso extracts (MPE files and custom files) as required by other bank systems
• Write effective documents such as BRD, test cases, and run books
• Use AI tools to speed up requirements, testing, or delivery work where it makes sense

Our requirements

• 5+ years of Business Analyst, Systems Analyst, or Product Owner experience
• Experience with more recent Calypso versions (v17+)
• Good knowledge of Calypso back office modules and processes - accounting, confirms, settlements
• Extensive experience building and supporting Calypso installations in sell-side organizations, emphasis on front-office modules and functionality
• Broad derivatives experience with emphasis on Interest Rate and Credit derivatives: product details, pricing, risk, electronic trading, cleared/bi-lateral
• Excellent communication skills, ability to coordinate work efforts amongst multiple stakeholders
• Ability to work independently with minimal supervision, collaborate in cross-functional teams, and operate successfully within structured project environments.
• Ability to deal with ambiguity: read between the lines and fill in the blanks, ask clear questions, leverage AI tools to fill gaps, and generally know where to turn to proactively develop solutions.
• Strong communication skills, comfortable working in high-stakes, trader-facing environments.
• Ability to maintain a 3–4 hour overlap with US Eastern business hours, with flexibility during crunch periods.

Optional

• Experience using AI tools to speed up requirements, testing, or delivery work

What we offer

• Direct collaboration: work face-to-face with the business and the development team
• A team that values people: team maturity, with room to grow into parts of the domain you don't know yet
• Flexibility & remote work: Fully remote position based in Poland or Romania with increasing schedule flexibility post-onboarding.
• Competitive compensation: top pay and ample time-off options.

This is how we work on a project

Development opportunities we offer

Why Join Us?

The Role at a Glance

• Calypso Business Analyst / Product Owner
• Work in a team supporting Fixed Income and Interest Rate & Credit Derivatives at a top North American bank
• One of the largest Calypso deployments in the world
• Fully remote for a top North American bank (for residents of Poland and Romania only)
• This role requires hands-on Calypso experience: configuring and enabling trade booking (electronic and manual), pricing/risk workflows, volatility surfaces, rate curves, discount curves. A genuine grasp of derivatives (interest rate, credit, or adjacent products) matters more than years on paper. If you like digging into hard problems, aren't afraid to ask questions or just try things, and want to grow with a team that's actively expanding, join us.