Business Analyst

AnandRathi; Mumbai Suburban; On-site; INR 800,000 - 1,400,000; Full time

Job summary

AnandRathi in Mumbai is seeking a Business Analyst to elicit, document, and analyse equity-focused platform requirements across trading, client servicing, reporting, and operations.

You will translate needs into user stories and specs, work with Product Owners, Engineering, QA, and Compliance, and support test planning and release readiness. The role requires 2–4 years in capital markets and strong analytical skills.

Qualifications

• 2–4 years of experience as a Business Analyst or similar in capital markets.
• Domain exposure to equity products and trading workflows.
• Experience delivering platform enhancements with tech teams.
• CFA, NISM, or other capital-markets certification will be an advantage

Responsibilities

• Elicit, analyse, and document business requirements for equity-focused platform initiatives across trading, client servicing, reporting, and operations.
• Translate business needs into user stories, functional specifications, process flows, data requirements, and acceptance criteria.
• Analyse end-to-end equity trade lifecycles, including order capture, validation, execution, allocation, settlement, reporting, and portfolio views.
• Work with Product Owners, Engineering, QA, Operations, Compliance, and business stakeholders to refine requirements and prioritise the product backlog.
• Identify process gaps, manual interventions, control weaknesses, and opportunities for automation or platform improvement.
• Support solution design by evaluating business impact, feasibility, dependencies, risks, and implementation considerations.
• Coordinate UAT, support test-case preparation and defect triage, and ensure business readiness for releases.
• Prepare functional documentation, user guides, release notes, and stakeholder updates.
• Support analysis of equity products, client journeys, transaction data, business performance, and operational metrics.
• Contribute to post-implementation reviews, user feedback analysis, and continuous improvement of platform capabilities.

Skills

Business Analysis

Stakeholder Management

Process Mapping

Documentation

SQL

Education

Bachelor's degree in Engineering/CS/Finance/Economics/Business Administration

Tools

Jira

Confluence

Job description

Key Responsibilities

• Elicit, analyse, and document business requirements for equity-focused platform initiatives across trading, client servicing, reporting, and operations.
• Translate business needs into user stories, functional specifications, process flows, data requirements, and acceptance criteria.
• Analyse end-to-end equity trade lifecycles, including order capture, validation, execution, allocation, settlement, reporting, and portfolio views.careers.nomura+1
• Work with Product Owners, Engineering, QA, Operations, Compliance, and business stakeholders to refine requirements and prioritise the product backlog.
• Identify process gaps, manual interventions, control weaknesses, and opportunities for automation or platform improvement.
• Support solution design by evaluating business impact, feasibility, dependencies, risks, and implementation considerations.
• Coordinate UAT, support test-case preparation and defect triage, and ensure business readiness for releases.careers.nomura+1
• Prepare functional documentation, user guides, release notes, and stakeholder updates.
• Support analysis of equity products, client journeys, transaction data, business performance, and operational metrics.
• Contribute to post-implementation reviews, user feedback analysis, and continuous improvement of platform capabilities.

Technical Requirements

• Strong understanding of equity products, trading workflows, and front-to-back broking processes.
• Familiarity with order management, execution, market data, client onboarding, portfolio reporting, and settlement processes.
• Experience creating BRDs/FRDs, user stories, process maps, wireframes, data flows, and acceptance criteria.
• Working knowledge of Agile delivery, backlog management, sprint planning, and requirements traceability.
• Proficiency in SQL for basic data extraction, validation, and analysis; familiarity with Excel and reporting tools.
• Understanding of APIs, system integrations, data models, and application workflows.
• Experience with Jira, Confluence, or similar requirements and collaboration tools.
• Awareness of regulatory, risk, and control considerations within capital markets or broking environments.

Experience & Qualifications

• 2 to 4 years of experience as a Business Analyst, Product Analyst, or Functional Analyst in capital markets, investment management, broking, fintech, or financial technology.
• Relevant domain exposure to equity products, including cash equities, equity derivatives, or related trading workflows.
• Bachelors degree in Engineering, Computer Science, Finance, Economics, Business Administration, or a related discipline.
• Demonstrated experience working with technology and business teams to deliver platform enhancements.
• Strong analytical, documentation, problem-solving, and stakeholder management skills.
• Clear written and verbal communication, with the ability to explain business requirements to technical and non-technical stakeholders.
• CFA, NISM, or other relevant capital-markets certification will be an advantage