Business Analyst, Calypso

Job Description


Our business unit supports all project delivery activities for Capital Markets Middle Office and Derivative Operations teams for both systems and process improvements. The incumbent will work with multiple Capital Markets and technology business partner from middle and back offices to support several derivative product groups throughout BMO. They will globally support the development and implementation of strategic directives, new business opportunities, product initiatives, and service developments for the Derivative Operations areas of the business. The successful candidate will be expected to be able to work independently and must have hands on experience with Calypso configuration.


  • Identifies the Calypso business needs for new and enhanced products, services, and business processes, clarifies technology and process requirements to identify gaps
  • Act as Project Delivery’s lead representative for Capital Markets Middle Office and Derivative Operations in the management of day-to-day Calypso business issues
  • Capture, analyze, and document Calypso business requirements to ensure the quality of the output, as well as provide direction for business stakeholders
  • Create, implement, and execute Calypso User Acceptance Testing (UAT) plans, and recommend actions related to the results.
  • For large, complex problems, facilitate large group requirements gathering sessions with stakeholders from different LOBs to ensure that all impacted parties have an opportunity to express their needs.
  • Builds, sustains, and leverages relationships and people networks across business functions, business partners, and external organizations to ensure a cooperative and productive environment.
  • Provides consultancy, collaborates with business partners and provides advice to business partners on system automation, usability of technology and supports for process improvements
  • Creates presentations tracking status updates for their portfolio of projects, hot topics and strategic developments including but not limited to senior management updates or presentations
  • Represent Global Product Operations and/or Capital Markets middle office on projects and initiatives to provide business-specific context, information and analysis on proposed changes. Initiatives may include the development and implementation of new/ revised products, new systems or enhancements, new/ revised processes in support of internal efficiencies and industry regulatory changes.

Knowledge and Skills

  • Must have configuration and/or operational experience with Calypso.
  • Demonstrates advanced relationship management, communication, negotiation, and interpersonal skills
  • Is proactive, independent, has high energy, and a, “step-up and do it,” attitude
  • Is able to manage change and cope with complex and ambiguous situations
  • Solid problem solving and analytical skills
  • Advanced presentation creation and delivery skills to management stakeholders

Possesses advanced influencing and negotiating skills

Additional Requirements:

Experience in building/configuring Accounting rules - experience is a must

Experience in building/configuring Settlement flows Building/configuring workflows/task stations - experience is a must

Experience in Calypso trouble shooting and resolving support production issues. Examples include Trade Confirmation issues; Missing/Incorrect Accounting; Settlement issues - experience is a must

Familiar with the trade booking process and the ability to assist in booking test trades for user testing of back office config changes -experience is a must

Experience in running and leading UAT testing for Calypso changes- Nice to have

We’re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

BMO Financial Group

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.

In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.

We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.


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