Business Analyst BANCS

Employment contract:

Standard / Permanent


Lisbon, Lisbon, Portugal





About the job

·         The employee will execute the responsibilities within the IT Banking Services department in Lisbon. The employee will be part of the US Custody IT Business Analyst team composed by 7 team members. The Team works mainly on BaNCS, a vendor application developed by Tata Consultancy Services (TCS) and used to manage the US Local and Global Clearing settlement and Custody  Business

·         Additionally in the perimeter of the US Activity the team could have to participate on some projects/enhancements on these local US Applications:

·         INFERNO is an application which converts BaNCS swift messages into Fed Format, and vice versa. This is a 3rd party application developed by Torstone.

·         CORPORATE UNIVERSE is a third party application, developed by ISS (Integrated Software Solutions), and is used by BNP Paribas Corporate Trust Services in its capacity as DTC FAST Agent for standalone issues, bond processing and record keeping

·         M3 (Money Market Manager) is a vendor application developed by SS&C and used by BP2S to manage the US Issuing and Paying Agent (IPA) Business


Your Main Activities Are

·         Elicit new requirements for system enhancements

·         Manage the change request process for any system updates

·         Develop functional specifications for system evolutions

·         Test the enhancements before their deployment  in UAT phase

·         Participate on Market projects and transversal projects

·         Follow the various phases of the lifecycle of the projects/release

·         Respect workflows, planning and deadlines and ensure a good level of reporting

·         Identify product gaps or weaknesses and suggest areas of improvement, as needed

·         Communicate and apply project standards

·         Perform peer reviews

·         Ensure the back-up, if needed, to the Service Delivery team and also provide functional assistance or technical analysis on the most complex requests


Profile and Skills to Success

·         Academic backgound in Information Technology, Computer Science, Finance, Management, Tax or Law

·         Minimum 4 years financial industry experience with an emphasis on Custody activity

·         Good written and spoken English is a must

·         Strong knowledge of  Income & Tax activity

·         Knowledge of SQL is a plus

·         Overall general IT knowledge is a plus

·         Custody and Settlement knowledge are a plus

·         Attention to detail / rigor

·         Ability to synthetize / simplify

·         Ability to manage a project

·         Fluency in English, written and spoken




Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe’s banking history. It has a presence in 65 countries, with around 190 000 Employees – including more than 145 000 in Europe.

 · Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 7.100 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

· International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:

·         Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;

·         Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;

·         Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.


To find out more on why you should join BNP Paribas visit


* Please note that only applications submitted in English will be considered.

* In case you are selected for this role, further documentation will be requested to support your hiring process.