Product Design and Analysis Specialist, MCPM

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • IHS Markit UK
  • 15 Mar 18 2018-03-15

The ideal candidate will have demonstrated experience in business analysis, process modelling, workflow development and communication. The candidate should also possess strong analytical skills to help the team clearly understand the product requirements and deliver thoughtful, timely solutions.

Department overview:

Markit Counterparty Manager (MCPM) is an online platform for institutional investors and other financial institutions to exchange documentation and regulatory data efficiently in a secure environment. Through this platform the users are able to:

  • Electronically manage trading accounts on ISDA, FX and MSFTA master agreements
  • Classify trading entities to amend and share ISDA master agreements
  • Simplify FATCA compliance
  • Streamline AUM / NAV distribution
  • Centralize KYC and client on boarding process

The MCPM team is split over 3 locations, London, New York and Delhi and covers Product Management, Development, Sales, Account Management and Operations.

Duties & accountabilities

  • Identify options for potential solutions, including assessment of technical and business suitability
  • Use industry expertise to help define best-fit solutions
  • Produce detailed business and functional requirement specifications from existing systems, previous drafts, and SME interviews
  • Demonstrate the ability to use a broad range of business analysis skills, methodologies and techniques including Gap Analysis, Feasibility studies, Use case modelling, etc
  • Experience compiling User Stories and Use Cases to develop requirements for the Development team
  • Ensure consistency of specifications across sub-systems. Look and feel / corporate branding very important
  • Provide input into user interface layouts and create mock-ups, visual prototypes
  • Utilise analytical tools to develop workflow, cross functional and process flow diagrams
  • Liaise with internal and/or external clients to provide expertise and input where necessary
  • Good client facing skills and the ability to work/communicate with clients to develop and interpret business requirements is essential
  • Technical competency to troubleshoot and understand common problems and communicate to team
  • Able to produce structured design documents
  • Able to work with QA and Development Team to ensure implementation meets design and requirements
  • Understanding and experience with workflow and rules engine based solutions

Education and experience

  • Bachelor’s degree required, advanced degree in Business or Technology preferred
  • Thorough understanding of the software development life cycle
  • Ability to author business rules implemented in a workflow solution
  • Strong written and oral communication skills
  • Analytical and well organized
  • Proven ability to work independently.
  • Careful attention to detail
  • Expertise in MS Word, Excel, Visio,  Project, PowerPoint
  • Experience working on collateral Management systems is highly desirable
  • Understanding of initial and variation margin rules is highly desirable
  • Experience as a business analyst in the financial  markets
  • Experience with new software product launch a strong plus
  • A background working with the implementation of US/European regulatory reforms, KYC initiatives, or client onboarding is highly desirable

Commercial awareness

  • Experience working in a Bank or Asset manager as a product specialist is a plus
  • Experience working at a solution vendor servicing FS clients is a plus

Management requirements

  • Able to work competently on his/her own or within a team
  • Able to mentor and manage junior staff

Technical requirements

  • Experience with relational databases and querying with SQL
  • Experience with rules engines / workflow applications
  • Experience working on requirements for web services  is highly desirable

Personal competencies

Personal impact

  • Strong problem solving skills
  • Ability to work in a fast paced, dynamic environment
  • Flexibility and positive attitude towards meeting tight deadlines
  • Shows initiative


  • Excellent written and oral communication skills
  • Good interpersonal skills and ability to manage stakeholder relationships


  • Strong team player who is comfortable working at all levels of the business and external stakeholders as required

Company overview

Markit is a leading, global financial information services company with over 2,500 employees.  The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency.  Its client base includes the most significant institutional participants in the financial marketplace.  For more information, please see

We are proud to be an EEO/AA employer M/F/Disability/Veterans. Please refer to the EEO is the Law Poster & Supplement, Right to Work and Pay Transparency Policy.  IHS Markit is a participant in E-Verify (see links below).  We maintain a drug-free workplace and perform pre-employment drug testing.