Derivatives Analyst

Company Profile

Our client is a global IT services company that helps businesses with digital transformation with offices in India and the United States. It helps businesses with digital transformation, provide IT collaborations and uses technology, innovation, and enterprise to have a positive impact on the world of business.

With expertise is in the fields of Data, IoT, AI, Cloud Infrastructure and SAP, it helps accelerate

digital transformation through key practice areas - IT staffing on demand, innovation and growth by focusing on cost and problem solving.

Job Profile: Business Analyst L4 – Capital Markets

Location: Mumbai, India

Preferred experience: - 7.1 - 9 years

The Role:

The Business Analyst L4 will be responsible for performing functional business analysis within a banking and capital markets environment. The role will involve gathering and analyzing business requirements, understanding business processes, preparing detailed functional specifications, coordinating with IT and business stakeholders, and supporting testing and implementation activities.

Responsibilities:

· Gather, analyze and document business requirements from business and Finance stakeholders.

· Analyze business processes, interface requirements, risks and issues.

· Prepare detailed functional specifications and requirements documentation for IT teams.

· Support Investment teams with Analysis of Fixed Income products and OTC Derivatives.

· Analyze data related to OTC Derivatives, especially on products such as FX, Interest Rate Derivatives, Securities, Repo and Credit Derivatives.

· Act as a functional bridge between Business, Finance and IT stakeholders.

· Coordinate closely with IT teams to ensure clear understanding of functional requirements.

· Provide functional clarification and support throughout the development lifecycle.

· Track change requests, project requirements, risks and issues.

· Liaise with IT, business, operational and financial teams to resolve functional issues.

· Define and coordinate functional testing requirements.

· Participate in system, integration, regression and User Acceptance Testing (UAT).

· Support test data gathering and functional validation.

· Coordinate with business users and IT teams for defect and issue resolution.

· Provide functional support to operational teams and existing business processes.

· Track project activities, milestones and deliverables and provide progress updates.

· Maintain clear and comprehensive functional and business documentation.

Must - Have Qualifications:

· 7+ years of experience in Business Analysis, preferably within Banking / Capital Markets.

· Strong knowledge of Capital Markets / Investment Banking domain.

· Mandatory experience of OTC Derivatives.

· Experience analyzing Capital Markets trends and products such as FX, Interest Rate Derivatives, Securities, Repo and Credit Derivatives.

·Strong hands-on experience as a Functional Business Analyst.

· Strong experience in business requirements gathering and analysis.

· Experience in business process analysis and functional requirement documentation.

· Hands-on experience preparing functional specifications for IT teams.

· Strong experience in Business–IT stakeholder coordination.

· Experience with System, Integration, Regression and UAT testing.

· Experience in defining testing requirements and supporting test execution.

· Knowledge of Accounting concepts and General Ledger (GL).

· Experience working with Finance processes within a banking environment.

· Basic knowledge of SQL.

· Understanding of IT systems and databases.

· Experience with project lifecycle management, progress tracking and reporting.

· Proficiency in MS Excel, Word, PowerPoint and Visio.

Preferred Qualifications:

· MBA – Finance, M.Com, B.Sc. or relevant educational qualification.

· Exposure to Investment Banking / Financial Services projects.

· Strong organizational, prioritization and stakeholder management skills.

Application Method

Apply on LinkedIn or email your resume to: [Confidential Information]