Finastra Summit OTC Consultant

Job Title: Finastra Technical Consultant Location: Indiana, Pennsylvania (Local Candidate) Employment Type: Full-time Bank (Publishing customer name or declaring it to candidate is strictly prohibited) Responsibilities: Finastra Expertise: Demonstrate deep understanding and hands-on experience with Finastra - Summit OTC derivatives platform. Act as a subject matter expert in various OTC products and their lifecycle, including trade processing, settlements, and regulatory reporting. OTC Derivatives Workflow: Manage and optimize OTC derivatives related workflow, including confirm/affirm process, trade capture, CCPs (Central Counterparties), and ISDA agreements. Collateral Management and Margin Calls: Oversee collateral management activities, including margin calls, collateral agreements, and reconciliations. Ensure compliance with regulatory requirements and industry standards related to collateral management. DTCC Report Hub and Regulatory Reporting: Work with DTCC Report Hub for regulatory reporting and ensure accurate and timely submissions. Collaborate with internal teams and external stakeholders on regulatory reporting requirements and implementations. Technical Consultation: Provide technical consultation and support to internal teams, clients, and stakeholders on Finastra Summit OTC derivatives platform. Assist in troubleshooting technical issues, analyzing system performance, and implementing solutions. Documentation and Training: Create and maintain technical documentation, user guides, and training materials for Finastra Summit platform. Conduct training sessions and workshops for internal staff and clients on platform functionalities and best practices. Collaboration and Communication: Collaborate with cross-functional teams, including business analysts, developers, and project managers, to ensure successful project delivery. Communicate effectively with clients, vendors, and regulatory bodies on platform-related matters. Programming Languages: Proficiency in PL/SQL for Oracle and T-SQL for MS SQL Server, including stored procedures, triggers, and database optimizations. Web Technologies: Familiarity with web development technologies such as HTML, CSS, JavaScript, and frameworks like Angular or React. Integration and API Development: Experience in integrating financial systems using APIs, web services, and messaging protocols (e.g., RESTful APIs, SOAP, JMS). Data Analysis and Reporting: Skills in data analysis, data modeling, and reporting tools like Tableau, Power BI, or similar BI tools. Version Control: Knowledge of version control systems like Git for code repository management and collaboration. Agile Methodologies: Experience working in Agile software development methodologies, including Scrum, Kanban, and user story management. Documentation Tools: Proficiency in documentation tools such as Confluence, SharePoint, or Wiki for maintaining project documentation and knowledge sharing. Qualifications: Bachelor's degree in Finance, Business Administration, Computer Science, or related field. 8+ years of hands-on experience with Finastra - Summit OTC derivatives platform in a techno functional role. Expertise in OTC derivatives products and their lifecycle, OTC derivatives workflow, confirm/affirm process, trade capture, CCPs, ISDA agreements, DTCC Report Hub, collateral management, margin calls, and regulatory reporting. Strong analytical and problem-solving skills with the ability to troubleshoot technical issues and propose solutions. Excellent communication and interpersonal skills with the ability to collaborate effectively with diverse teams and stakeholders. Experience in documentation, training, and knowledge transfer activities related to financial platforms. Knowledge of regulatory requirements and compliance standards in the financial services industry. Job Type: Full-time Pay: $90,788.38 - $120,207.51 per year Benefits: 401(k) 401(k) matching Dental insurance Health insurance Health savings account Life insurance Retirement plan Tuition reimbursement Schedule: 10 hour shift 8 hour shift Monday to Friday Application Question(s): Kindly Mention Current Location OR ZIP Code Please Mention your Work Authorization (USC OR GC) Experience: Finastra Technical Consultant OR Finastra Summit Consultan: 9 years (Preferred) OTC Derivatives OR Derivatives Trading: 5 years (Preferred) PL/SQL OR T-SQL: 5 years (Preferred) API OR Web Services OR Messaging Protocols: 5 years (Preferred) Ability to Relocate: Indiana, PA: Relocate before starting work (Required) Work Location: On the road