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 (https://www.youtube.com/embed/NU_mnNITn2o?si=IiCxyQ4sr1YJWxDG)
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.
EPAM Systems, Inc. is an equal opportunity employer. We recognize the value of diversity and inclusion in creating success for our customers, business partners, shareholders, employees and communities. We are committed to recruiting, hiring, developing and promoting employees without discrimination. As a global employer, this commitment includes complying with all laws in the countries in which we operate. Nevertheless, we believe equal employment practices should not be limited to what the law requires. Equal opportunity and inclusion are essential to motivate, empower and recognize the best in everyone.
At EPAM, employment actions are based on individual qualifications, without regard to race, color, religion, creed, gender, pregnancy status, sexual orientation, gender identity, gender expression, marital or familial status, national origin, ancestry, genetics, age, disability status, veteran status, citizenship status when otherwise legally able to work, or any other characteristic protected by law.
