Calypso BA Accounting

Project description

Luxoft has one of the world's leading Calypso practice.

We are a top-tier Calypso Partner and a market leader in implementation, integration, upgrade, and migration.

We provide end-to-end project services and have delivered Calypso projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, and insurance.

Project Description:

Support and additional build out (projects) for Calypso instance.

Responsibilities

• 1. Account Setup & Chart of Accounts Mapping
• Configuration of chart of accounts including account creation, categorization, and hierarchy
• Mapping of Calypso internal accounts to GL accounts in downstream systems (e.g. SAP GL)
• Definition of accounting schemas, posting rules, and account aliases per asset class
• Management of account attributes: currency, legal entity scope, and account type
• Collateral set up of tri-party agreements and accounting flows
• Nostro management

  2. Legal Entity Configuration

• Definition and setup of Legal Entities including roles (issuer, counterparty, custodian, etc.)
• Configuration of Static Data Items (SDIs): BIC codes, LEI, settlement instructions, contact details
• Assignment of books, portfolios, and counterparties to the correct legal entity hierarchy
• Management of entity-level permissions, entitlements, and workflow access controls

  3. Transfer Rules & Workflow Configuration

• Creation of transfer rules governing movement of cash and securities between accounts
• Configuration of settlement workflows including STP rules, manual override, and exception handling
• Setup of auto-confirmation rules, partial settlement logic, and fails management
• Netting and aggregation rules for transfer optimization across legal entities

  4. Matching & Reconciliation Rules

• Configuration of trade matching rules for securities settlement (depot vs. nostro)
• Setup of cash reconciliation rules and tolerance thresholds for intraday and EOD
• Definition of break identification, ageing, and escalation rules
• Integration with external reconciliation tools where applicable

  5. Account Reconciliation Reporting

• Design and generation of reconciliation reports per legal entity and book
• Configuration of standard and custom Calypso reconciliation report templates
• Automation of daily, month-end, and year-end reconciliation report production
• Root-cause analysis of breaks and coordination of resolution across settlement and accounting teams

  6. Statement Generation per Legal Entity

• Configuration of account, position, and custody statements per legal entity
• Scheduling of automated statement production and delivery via Calypso or SWIFT
• Validation of statement content against internal records and external custodian confirmations

  7. Custom Workflows

• Development of custom workflow definitions using the Calypso workflow engine
• Configuration of task station queues, user assignment rules, priority logic, and escalation paths
• Implementation of event-driven triggers linked to trade lifecycle, settlement, and accounting events

  8. Integration & Process Optimization

• End-to-end integration design between Calypso and external systems (SAP, SWIFT, custodians)
• Optimization of STP rates across settlement and accounting workflows
• Performance tuning of Calypso batch processes for EOD accounting and position keeping
• Participation in UAT, SIT, and regression testing across integrated environments

SKILLS

Must have

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• 5+ years hands-on Calypso experience as a Business Analyst; including hands on experience with accounting and hedge accounting
• Capital Markets, Middle Office, Accounting and/or Asset Liability Management knowledge is strongly preferred
• Experience working with a software vendor in a Business Analysis role or a functional role within capital markets
• Capital markets instruments: fixed income, equities, FX, derivatives, repos, and structured products
• Trade lifecycle from execution through settlement and accounting treatment (IFRS or local GAAP)
• CSDR settlement discipline regime and fails reporting obligations
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)
• Strong attention to detail and clear written communication

Nice to have

Experience with the following is a plus:

1. Expertise in the support and implementation of the Calypso Front, Middle and Back-Office system.

2. Knowledge and functional experience across Asset Classes

Additionally:

• Ability to work under pressure in a fast-paced environment is essential.
• Have a willingness to learn new skills
• Must have attention to detail
• Must have the ability to work independently and also as part of a group
• Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
• Any technical knowledge (Writing simple sql query, be able to read code )
• Conflict management ensuring collaborative outcomes
• Excellent attention to detail and accuracy

Responsibilities

1. Account Setup & Chart of Accounts Mapping

• Configuration of chart of accounts including account creation, categorization, and hierarchy
• Mapping of Calypso internal accounts to GL accounts in downstream systems (e.g. SAP GL)
• Definition of accounting schemas, posting rules, and account aliases per asset class
• Management of account attributes: currency, legal entity scope, and account type
• Collateral set up of tri-party agreements and accounting flows
• Nostro management

2. Legal Entity Configuration

• Definition and setup of Legal Entities including roles (issuer, counterparty, custodian, etc.)
• Configuration of Static Data Items (SDIs): BIC codes, LEI, settlement instructions, contact details
• Assignment of books, portfolios, and counterparties to the correct legal entity hierarchy
• Management of entity-level permissions, entitlements, and workflow access controls

3. Transfer Rules & Workflow Configuration

• Creation of transfer rules governing movement of cash and securities between accounts
• Configuration of settlement workflows including STP rules, manual override, and exception handling
• Setup of auto-confirmation rules, partial settlement logic, and fails management
• Netting and aggregation rules for transfer optimization across legal entities

4. Matching & Reconciliation Rules

• Configuration of trade matching rules for securities settlement (depot vs. nostro)
• Setup of cash reconciliation rules and tolerance thresholds for intraday and EOD
• Definition of break identification, ageing, and escalation rules
• Integration with external reconciliation tools where applicable

5. Account Reconciliation Reporting

• Design and generation of reconciliation reports per legal entity and book
• Configuration of standard and custom Calypso reconciliation report templates
• Automation of daily, month-end, and year-end reconciliation report production
• Root-cause analysis of breaks and coordination of resolution across settlement and accounting teams

6. Statement Generation per Legal Entity

• Configuration of account, position, and custody statements per legal entity
• Scheduling of automated statement production and delivery via Calypso or SWIFT
• Validation of statement content against internal records and external custodian confirmations

7. Custom Workflows

• Development of custom workflow definitions using the Calypso workflow engine
• Configuration of task station queues, user assignment rules, priority logic, and escalation paths
• Implementation of event-driven triggers linked to trade lifecycle, settlement, and accounting events

8. Integration & Process Optimization

• End-to-end integration design between Calypso and external systems (SAP, SWIFT, custodians)
• Optimization of STP rates across settlement and accounting workflows
• Performance tuning of Calypso batch processes for EOD accounting and position keeping
• Participation in UAT, SIT, and regression testing across integrated environments

Skills

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• 5+ years hands-on Calypso experience as a Business Analyst; including hands on experience with accounting and hedge accounting
• Capital Markets, Middle Office, Accounting and/or Asset Liability Management knowledge is strongly preferred
• Experience working with a software vendor in a Business Analysis role or a functional role within capital markets
• Capital markets instruments: fixed income, equities, FX, derivatives, repos, and structured products
• Trade lifecycle from execution through settlement and accounting treatment (IFRS or local GAAP)
• CSDR settlement discipline regime and fails reporting obligations
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)
• Strong attention to detail and clear written communication

Experience

• Bachelor’s or Master’s degree in Finance, Computer Science, or related field
• 4+ years proven experience with the Calypso platform (cloud environment preferred)
• 5+ years hands-on Calypso experience as a Business Analyst; including hands on experience with accounting and hedge accounting
• Capital Markets, Middle Office, Accounting and/or Asset Liability Management knowledge is strongly preferred
• Experience working with a software vendor in a Business Analysis role or a functional role within capital markets
• Capital markets instruments: fixed income, equities, FX, derivatives, repos, and structured products
• Trade lifecycle from execution through settlement and accounting treatment (IFRS or local GAAP)
• CSDR settlement discipline regime and fails reporting obligations
• Ability to understand technical issues and possess strong problem solving skills.
• Outstanding performer, persistent and pro-active leader, detailed oriented, and driven to exceed expectations
• Exceptional / pragmatic business judgment combined with strong communication and relationship skills
• Comfortable navigating ambiguity and driving clarity in fast-paced environments
• Experience with data analysis, design and architecture including experience with very large data sets.
• Ability to balance multiple, changing priorities.
• Competent in Agile values, principles, and tools (JIRA, Confluence, etc)
• Strong attention to detail and clear written communication

Experience with the following is a plus:

1. Expertise in the support and implementation of the Calypso Front, Middle and Back-Office system.

2. Knowledge and functional experience across Asset Classes

Additionally:

• Ability to work under pressure in a fast-paced environment is essential.
• Have a willingness to learn new skills
• Must have attention to detail
• Must have the ability to work independently and also as part of a group
• Experience of Agile practices and processes (e.g. SCRUM, KANBAN)
• Any technical knowledge (Writing simple sql query, be able to read code )
• Conflict management ensuring collaborative outcomes
• Excellent attention to detail and accuracy