Business Systems Associate

Reposted 10 Days Ago
Be an Early Applicant
2 Locations
In-Office
Mid level
Financial Services
The Role
Serve as the bridge between Billing/Finance and Technology to analyze, document, and implement ORMB pricing and billing configurations. Own functional design, support file-based interfaces and batch processes, validate billing flows and reconciliations, execute testing/regression/UAT, and coordinate release readiness and issue resolution.
Summary Generated by Built In

Are you ready to make an impact at DTCC?  

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets.  We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact.  We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits
  • Pension 
  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee). 

The impact you will have in this role:

The Strategic Management & Governance family is responsible for serving as a dedicated technology resource for advancing the firm's business opportunities and providing industry thought leadership for leveraging new technologies. Manages significant programs and projects including strategic change management, new business and product initiatives, process re-engineering, and all general business management initiatives. The Business Systems Analysis role specializes in acting as the primary interface between Technology and specific business / product areas, identifying, documenting and analyzing business requirements, creating detailed project and process specifications, coordinating with project teams.

Your Primary Responsibilities:

  • Partner with Billing/Finance stakeholders to elicit, analyze, and document functional requirements for ORMB enhancements and BAU changes. 
  • Own functional design for ORMB pricing and billing capabilities, including fees, subscriptions, exchange rates, charging methodologies, and the setup/maintenance of Price Items (fee types), Pricing Parameters, Pricelists (per Product/Division), and Rate Schedules.
  • Define and support ORMB configuration and maintenance using ORMB screens, including ongoing updates to fee/pricing configurations as part of BAU. 
  • Support ORMB’s file-based interfaces and operational processes, including the ORMB Migration Data Set Import/Export functions. 
  • Ensure changes follow required ORMB standards and IT governance, including that fee updates go through the ORMB approval process.
  • Create/maintain test approach and execute/support validation for releases, including ORMB UI/config verification such as Price List/Price Assignment, Rate Schedule/Rate Components, and Entity Hierarchy checks. 
  • Support regression/UAT readiness by validating key billing flows such as uploading transaction data, executing TFM batch and Trial batch jobs, and reconciling billable units/amounts/GL amounts against downstream billing reports. 
  • Coordinate across IT and business partners to communicate scope, impacts, and readiness (e.g., release/regression scope alignment and approvals). 
  • Troubleshoot functional issues and data discrepancies in ORMB during BAU and release cycles, document findings and drive resolution with technical teams

**NOTE:  The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

  • Minimum of 4 years of related experience
  • Bachelor's degree preferred or equivalent experience

Talents Needed For Success:

  • Strong ORMB functional depth in pricing/billing setup, including Price Items, Billable Charges, FX rates, Pricelists, Price Assignments, and Rate Schedules.
  • Ability to think in both business outcomes and system mechanics—translating stakeholder needs into ORMB configuration and testable requirements.
  • Detail-oriented and data-comfortable: able to validate outcomes by reconciling billable units/amounts/GL amounts across outputs and reports.
  • Release-minded execution: comfortable operating inside structured release/regression routines and ensuring scope is clear and approved. 
  • Clear communicator who can work effectively across Finance and IT teams.
  • Ownership mentality: anticipates downstream impacts, documents decisions, and drives issues to closure without needing repeated follow-ups.
  • Comfort with operational interfaces/processes (e.g., file-based feeds and batch-driven workflows) and the discipline to validate inputs/outputs end-to-end.

We offer top class training and development for you to be an asset in our organization!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Skills Required

  • Minimum of 4 years of related experience
  • Bachelor's degree or equivalent experience
  • Strong functional experience with ORMB (pricing/billing setup, Price Items, Pricelists, Rate Schedules)
  • Ability to define and maintain ORMB configuration and use ORMB screens for BAU updates
  • Experience supporting file-based interfaces, migration import/export functions, and batch-driven workflows
  • Experience creating/maintaining test approaches and executing validation, including UI/config verification and regression/UAT readiness
  • Ability to reconcile billable units/amounts and GL amounts across outputs and reports
  • Strong communication and stakeholder coordination skills across Finance and IT
  • Release-minded execution and ownership mentality to drive issues to closure

The Depository Trust & Clearing Corporation (DTCC) Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Depository Trust & Clearing Corporation (DTCC) and has not been reviewed or approved by The Depository Trust & Clearing Corporation (DTCC).

  • Healthcare Strength Medical, dental, and vision coverage are comprehensive and include mental health support, in-network preventive care, and company-supported HSA/FSA options. Company HSA contributions plus life, AD&D, and disability coverage further reinforce depth of protection.
  • Retirement Support A 401(k) with company matching and references to pension-related benefits provide meaningful long-term savings support. Charitable contribution matching and financial-planning resources complement the core retirement offerings.
  • Parental & Family Support Generous parental leave, adoption assistance, childcare benefits, and dependent care FSAs indicate strong support for families. Back-up care and specialized family health programs are highlighted as part of the package.

The Depository Trust & Clearing Corporation (DTCC) Insights

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The Company
HQ: Jersey City, NJ
5,075 Employees
Year Founded: 1973

What We Do

With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly U.S. $2.4 quadrillion. Its depository provides custody and asset servicing for securities issues from 177 countries and territories valued at U.S. $87.1 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes 16 billion messages annually. To learn more, please visit us at www.dtcc.com.

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