EPAM Systems
Senior Calypso Business Analyst

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Senior Calypso Business Analyst
We are seeking an experienced Senior Calypso Business Analyst to support a Calypso platform upgrade from v18 to v19. The successful candidate will play a key role in analysing the impact of the upgrade, documenting requirements, coordinating testing, and ensuring a smooth transition across front, middle, and back-office functions.
Responsibilities
- Analyse the functional and technical differences between Calypso v18 and v19, assessing impact across business processes
- Gather, document, and manage business and functional requirements for the upgrade
- Work closely with business users (front, middle, and back office) to understand current workflows and identify areas affected by the upgrade
- Support gap analysis, identifying changes to functionality, workflows, and integrations
- Liaise with development, QA, and infrastructure teams throughout the upgrade lifecycle
- Define and support test scenarios, test cases, and coordinate UAT
- Assist with defect triage, resolution tracking, and regression testing
- Document changes to configuration, workflows, and reporting
- Support data migration and reconciliation activities where required
- Provide post-implementation support and hypercare
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Requirements
- Proven experience as a Business Analyst within Calypso environments
- Strong knowledge of Calypso across multiple modules (e.g. Trade Capture, Market Data, Risk, Collateral, Settlements, Accounting)
- Direct experience with Calypso version upgrades (v18 to v19 highly advantageous)
- Solid understanding of trade lifecycle and derivatives/treasury products
- Experience in requirements gathering, gap analysis, and test coordination
- Familiarity with SQL for data analysis and validation
- Strong stakeholder management and communication skills
- Experience working within Agile and/or Waterfall delivery methodologies


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We offer
- EPAM Employee Stock Purchase Plan (ESPP)
- Protection benefits including life assurance, income protection and critical illness cover
- Private medical insurance and dental care
- Employee Assistance Program
- Competitive group pension plan
- Cyclescheme, Techscheme and season ticket loans
- Various perks such as free Wednesday lunch in-office, on-site massages and regular social events
- Learning and development opportunities including in-house training and coaching, professional certifications, and courses
- If otherwise eligible, participation in the discretionary annual bonus program
- If otherwise eligible and hired into a qualifying level, participation in the discretionary Long-Term Incentive (LTI) Program
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