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