Calypso Business Analyst (Hybrid. Northern Spain)
We are seeking an experienced Calypso Business Analyst to join our international customer. The ideal candidate will have at least one year of recent hands-on experience working with Capital Markets software, such as Calypso or Murex, and a strong understanding of financial products and market processes. As a Business Analyst, you will play a crucial role in gathering requirements, analysing business processes, and ensuring successful system implementation and optimization for our client.
Key Responsibilities:
- Business Analysis & Requirements Gathering:
- Collaborate with business stakeholders (traders, risk managers, and operations teams) to gather, document, and analyze business requirements for the Calypso platform.
- Define functional and technical specifications for system enhancements or new product implementations.
- Translate complex business requirements into clear, actionable technical documentation.
- System Configuration & Implementation:
- Help to configure Calypso system to meet client-specific business needs.
- Participate in system testing, ensuring that solutions are aligned with business expectations and functional specifications.
- Coordinate with technical teams to support system integration, testing, and deployment of enhancements or new features.
- Stakeholder Communication:
- Serve as the primary point of contact for business users regarding system functionalities, issues, and enhancements.
- Provide regular updates to business users and stakeholders on project status, timelines, and potential risks.
- Support & Issue Resolution:
- Act as a liaison between the business and technical teams during the user acceptance testing phase.
- Assist with the troubleshooting and resolution of system issues, working with both the development team and business users.
- Regulatory and Market Knowledge:
- Maintain up-to-date knowledge of regulatory changes impacting the capital markets industry and ensure the system is in compliance.
- Understand key financial products (eg, derivatives, Fixed Income, equity, FX) and market dynamics.
Requirements:
- Experience:
- Minimum 1 year of hands-on experience working with Calypso or other Capital Markets platforms (eg, Murex, Summit) in a Business Analyst capacity.
- Proven experience working in a capital markets environment, preferably within an investment bank or financial institution.
- Familiarity with financial instruments such as derivatives, bonds, FX, and equities is highly desirable.
- Fluency in English is required. Proficiency in Spanish is highly desirable.
- Onsite presence +/- 3 days/week in Bilbao is essential.
Reference: 2957879229
Calypso Business Analyst (Hybrid. Northern Spain)

Posted on Jun 2, 2025 by IT Human Resources
We are seeking an experienced Calypso Business Analyst to join our international customer. The ideal candidate will have at least one year of recent hands-on experience working with Capital Markets software, such as Calypso or Murex, and a strong understanding of financial products and market processes. As a Business Analyst, you will play a crucial role in gathering requirements, analysing business processes, and ensuring successful system implementation and optimization for our client.
Key Responsibilities:
- Business Analysis & Requirements Gathering:
- Collaborate with business stakeholders (traders, risk managers, and operations teams) to gather, document, and analyze business requirements for the Calypso platform.
- Define functional and technical specifications for system enhancements or new product implementations.
- Translate complex business requirements into clear, actionable technical documentation.
- System Configuration & Implementation:
- Help to configure Calypso system to meet client-specific business needs.
- Participate in system testing, ensuring that solutions are aligned with business expectations and functional specifications.
- Coordinate with technical teams to support system integration, testing, and deployment of enhancements or new features.
- Stakeholder Communication:
- Serve as the primary point of contact for business users regarding system functionalities, issues, and enhancements.
- Provide regular updates to business users and stakeholders on project status, timelines, and potential risks.
- Support & Issue Resolution:
- Act as a liaison between the business and technical teams during the user acceptance testing phase.
- Assist with the troubleshooting and resolution of system issues, working with both the development team and business users.
- Regulatory and Market Knowledge:
- Maintain up-to-date knowledge of regulatory changes impacting the capital markets industry and ensure the system is in compliance.
- Understand key financial products (eg, derivatives, Fixed Income, equity, FX) and market dynamics.
Requirements:
- Experience:
- Minimum 1 year of hands-on experience working with Calypso or other Capital Markets platforms (eg, Murex, Summit) in a Business Analyst capacity.
- Proven experience working in a capital markets environment, preferably within an investment bank or financial institution.
- Familiarity with financial instruments such as derivatives, bonds, FX, and equities is highly desirable.
- Fluency in English is required. Proficiency in Spanish is highly desirable.
- Onsite presence +/- 3 days/week in Bilbao is essential.
Reference: 2957879229

Alert me to jobs like this:
Amplify your job search:
Expert career advice
Increase interview chances with our downloads and specialist services.
Visit Blog