Romit Ranjan

  • Business Analyst
  • Boston, MA
  • Member Since Jun 09, 2023

Candidates About

 

Romit Ranjan

Professional Overview

        Over 12 years of Information Technology experience in business analysis, developing business processes, deployment and system solutions for OTC Derivatives, Investment Banking Operations and Collateral Management applications.

 

        OTC Derivatives – Derivatives market structure, Products, Trade Life-cycle (Trade execution, Risk Management, Clearing & Settlement, post-trade events processing) and Regulation

 

        Comprehensive system knowledge of ProtoColl, Collateral Management Platform from Omgeo(now DTCC) and Summit, Derivatives Trading and Lifecycle management platform from Misys.

 

        Extensive experience in managing and documenting business and functional requirements, communicating effectively with upper management, developers and QA engineers.

 

        Adept at creating and transforming business requirements into functional requirements and designing business models using UML diagrams - Context, Use Case, Sequence, Activity diagrams in MS Visio.

 

        Comprehensive knowledge of Software Development Life Cycle (SDLC), having thorough understanding of various phases: Requirements, Analysis/Design, Development and Testing. Have strong experience in conducting UAT and documentation of test cases.

 

        Have exposure in educating internal customers on business systems and procedures and working with other analysts and QA team to set priorities and schedules.

Core Knowledge & Skills

 

 

 

Experience

STATE STREET CORPORATION            06/2016 - Current                   Boston, MA

(Business Analyst, AVP)

 

WHITRIDE ASSOCIATES, INC.                          10/2015 - 06/2015                  Boston, MA

WIPRO LIMITED                                                                       12/2013 - 10/2015                  Boston, MA

(Business Analyst)

 

Project Title: SUMMIT Analyst

Project Description: Production Support and System analysis on new enhancements or upgrades.

Key Deliverables

         Functional analysis of SUMMIT.

         Functional QA around upgrade and enhancements.

         Prepare Specification Document, Process Flow and QA test plan.

         Conduct and participate in status meetings to update and collect data from business users and other stakeholders.

         Working on Regulatory requirements: Central Clearing of Swaps, as per Dodd-Frank Act and Volcker Metrics reporting.

         Training team members/development team.

         Project Management of the Software patches for Summit system.

 

Key Learnings

         Working knowledge of Summit FT platform and its module around Front Office, Middle Office & Back Office functionality.

         Quantitative aspect of Swap pricing, Cash flow discounting, NPV calculation, Rate Curves.

         Building on and acquiring better understanding of Dodd-Frank Act, Volcker Report, Change in OTC Derivatives market landscape in terms of standardization via SEF trading and other regulatory mandates.

         Project Management Skills

 

WIPRO LIMITED                                                                       12/2013 - 10/2015                  Bangalore, India

(Business Analyst)

Client: STATE STREET CORPORATION

Project Title: AMS (Application Maintenance & Support) - OTC HUB Application

Project Description: Production Support of OTC Derivatives Servicing Application OTC HUB

Key Deliverables

         Documenting Business requirement and transforming to Functional Requirement of the enhancement.

         Other Functional activities around application maintenance and support.

         Training teams on the business aspect and helping them to understand the application, work flow, business and user level defects along with its proposed resolution.

         Coordinating with client team and internal team on defects, business and new changes on application.

Value Add 

         Improving support team handling of tickets and issues, resulting on bringing down dependency on client team.

         Improving productivity of resolving support tickets in terms of quality and quantity.

Key Learnings

         Working on this project gave me more insight about OTC Derivative and Client’s system setups.

      Improved upon training teams and coordination skills. Building on and acquiring better understanding of Dodd-Frank Act, Volcker Report, Change in OTC Derivatives market landscape in terms of standardization via SEF trading and other regulatory mandates.

 

WIPRO LIMITED                                                                       12/2013 - 10/2015                  Bangalore, India

(Business Analyst)

Client: OMGEO LLC

Project Title: OMGEO-ProtoColl Development & Support

Project Description: Feature Enhancement and Production Support of the platform

Key Deliverables

         Business Analysis, requirements documenting & supporting issues logged by end application users.

         Training teams on the collateral management business and helping them to understand the product and defects along with its proposed solution.

         Working with the QA team and making the team understand the application and its working.

         Development of Test Plan, Test Scenarios and Test Cases.

Value Add 

         Able to bring the project team to a level where we were independently handling minor enhancements and production issues, in very short time.

         Documenting specifications and other work flows for better capturing of platform working intricacies for both project team and client team.

Key Learnings

         Better understanding of Collateral management space along with working knowledge of margin management and calculations around margin call.

         Comprehensive working knowledge of the platform along with its implementation and configuration details.

         Closely worked on the regulatory changes mandated post financial crisis, in line with central clearing models and changes in collateral requirements, optimizations.

 

WIPRO LIMITED                                                                       03/2007 - 12/2008                  London, UK

(Operations Analyst)

Client: UBS AG

Project Title: Fixed Income Credit Confirmations

Project Description: Back Office Operations - Confirmation of Structure Product

Key Deliverables

         Daily reporting for the team.

         Activities related to confirmation of Structured Product.

         Matching and Drafting of trade confirmations.

         Escalation and dispute resolution of many legacy trades.

         Handling interbank clients such as Lehman Brothers, Barclays Bank, ABN Amro Bank, Deutsche Bank, for post trade affirmation and confirmation.

Value Add 

         Enhancing productivity by automating standard operations around confirmation.

         Involved in the requirement discussion with the UBS BA team in re-designing one of the back office application, Boomerang.

Key Learnings

         Post trade operations of fixed income instruments.

         Understand OTC Derivatives life-cycle

         Interpersonal skills of working with different demographically constituted team.

 

 

 

WIPRO LIMITED                                                                       07/2004 - 02/2007                  Hyderabad, India

(Project Engineer)

Client: Ericsson Inc.

Project Title: ERIC_DFE, AIMS

Project Description: Aims is an end-to-end test tool for automated execution of conformance and regression tests for telephone systems.

 

 

Education

Post-Graduation: (04/2009 – 09/2010)

General Management, Narsee Monjee Institute of Management Studies (NMIMS),

Bangalore, India

Degree:

Executive Post Graduate Diploma in Business Management (Full Time), 2010

 

Graduation: (08/2000 – 05/2004)

Engineering, Birla Institute of Technology (BIT), Mesra, Ranchi, India

Degree:

B.E. (Bachelor of Engineering), Electronic & Communication Engineering, 2004