Functional Analyst - Treasury and Derivatives

Functional Analyst Treasury & Derivatives Who We Are At Kyndryl, we run and reimagine the mission-critical technology systems that drive advantage for the worlds leading businesses. We are at the heart of progress; with proven expertise and a continuous flow of AI-powered insight, enabling smarter decisions, faster innovation, and a lasting competitive edge. For our peopleKyndrylsthat means doing purposeful work that powers human progress. Join us and experience a flexible, supportive environment where your well-being is prioritized and your potential can thrive. The Role Are you passionate about solving complex problems Do you thrive in a fast-paced environment Then theres a good chance you will love being a part of our Software Engineering Development team at Kyndryl, where you will be able to see the immediate value of your work. As a Functional Analyst at Kyndryl, you will be supporting and leading the analysis, design, and delivery of banking solutions. The role involves translating business needs into solution specifications, collaborating with cross-functional teams, and ensuring successful implementation aligned with business goals, technology standards, and regulatory requirements Key Responsibilities Lead identification, analysis, and documentation of business, system, and solution requirements Define and validate performance, scalability, security, and service quality requirements Perform end-to-end impact analysis across applications, integrations, and data flows Ensure traceability of requirements throughout the delivery lifecycle Own and drive solution design specifications aligned to enterprise architecture Develop conceptual and logical data models Define source-to-target data mappings and create data flow diagrams and transformation rules Contribute to effort estimation and solution sizing Act as a key bridge between business and technology teams Lead stakeholder discussions and ensure alignment across teams Facilitate Agile ceremonies and backlog refinement where required Mentor junior analysts and review deliverables Define validation approach, test strategy, and acceptance criteria Oversee SIT and UAT execution and ensure solution quality Analyze defects, conduct root cause analysis, and drive resolution Ensure deployment readiness Ensure alignment with banking regulatory and compliance standards Embed risk controls and cybersecurity considerations in solution design Support audit, compliance reviews, and first-line-of-defense activities Drive process improvement and standardization of analysis practices Identify opportunities to enhance customer experience through technology Contribute to reusable assets and domain knowledge repositories Your contributions will have a significant impact on our products' success, and you will be part of a team that is passionate about innovation, creativity, and excellence. Above all else, you will have the freedom to drive innovation and take ownership of your work while honing your problem-solving, collaboration, and automation skills. Together, we can make a difference in the world of cloud-based managed services. Your Future at Kyndryl The career path ahead is full of exciting opportunities to grow and advance within the job family. With dedication and hard work, you can climb the ladder to higher bands, achieving coveted positions such as Principal Engineer or Vice President of Software. These roles not only offer the chance to inspire and innovate, but also bring with them a sense of pride and accomplishment for having reached the pinnacle of your career in the software industry. Who You Are Youre good at what you do and possess the required experience to prove it. However, equally as important you have a growth mindset; keen to drive your own personal and professional development. You are customer-focused someone who prioritizes customer success in their work. And finally, youre open and borderless naturally inclusive in how you work with others. Required Technical and Professional Experience 5 to 7+ years of experience in banking or BFSI domain with exposure to Treasury Strong understanding of Front-to-Back Trade Lifecycle: Trade capture, pricing/valuation, confirmations, settlement, and reconciliation Deep knowledge of Treasury products and instruments: FX (Spot, Forwards, Swaps), Money Markets, Derivatives (IR, FX, structured products) Experience in treasury operations and liquidity management (cash positions, nostro accounts, funding) Strong awareness of market data integration (e.g., Bloomberg, Reuters feeds) Understanding of regulatory and reporting requirements (e.g., EMIR, SFTR, trade reporting obligations) Experience working with enterprise treasury, trading platforms (e.g., Kondor+, Corona, Planixs) etc., Familiarity with end-to-end customer journeys and cross-domain dependencies Ability to engage with trading desks, treasury operations, risk teams, and IT Stakeholders Strong knowledge of solution design, product Functi