Business Analyst - Barclays

The iScale; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

The iScale is seeking a Business Analyst to act as a Techno-Functional BA for the trade execution platform, coordinating with Dealers, RMS, Broking Ops, Technology, Infrastructure, and external vendors to translate requirements into actionable solutions.

You will document end-to-end flows across order capture, routing, exchange connectivity, and post-trade hand-offs, while gathering regulatory and technical requirements into BRDs, user stories, and process maps.

Qualifications

• Bachelor’s degree in Engineering, Computer Science, Information Technology, Finance, Business Management or a related discipline.
• Relevant experience as a Business Analyst/Techno-Functional Analyst in Capital Markets, Securities, Broking or Trading Technology.
• Hands-on experience with trade execution, Order Management Systems (OMS) or trading platforms.
• Strong knowledge of the equity trading lifecycle and Indian capital markets.
• Working knowledge of SQL and relational databases, with the ability to analyse transactional data.
• Experience preparing BRDs, functional specifications, user stories, process flows, test scenarios and acceptance criteria.
• Experience supporting SIT/UAT, production releases and incident/problem analysis.
• Effective stakeholder management across business and technology teams.

Responsibilities

• Act as the Techno-Functional Business Analyst for the trade execution platform, providing functional and technical analysis across the trade execution lifecycle.
• Work closely with Dealers, RMS, Broking Operations, Technology, Infrastructure, Information Security, exchanges and external vendors to understand requirements and translate them into implementable solutions.
• Understand and document end-to-end flows covering order capture, order validation, order routing, exchange connectivity, trade confirmation and downstream hand-off to post-trade systems.
• Gather and analyse business, regulatory and technology requirements and translate them into BRDs, functional specifications, user stories, process flows, interface requirements and acceptance criteria.
• Perform As-Is/To-Be and gap analysis, assess solution impacts and identify dependencies across upstream and downstream applications and interfaces.
• Analyse application and interface issues using SQL/data analysis, logs, files and system flows, working with development and vendor teams to identify root causes and drive resolution.
• Support integrations and connectivity with relevant NSE/BSE trading infrastructure and downstream broking systems.
• Own functional analysis for regulatory/exchange-mmandated changes, business enhancements, technology upgrades and control remediation impacting the trade execution platform.
• Define test scenarios and acceptance criteria and support SIT, UAT, regression testing, production sanity validation and business sign-off.
• Support production releases, incidents and problem investigations, including impact analysis, root-cause analysis and remediation tracking.
• Coordinate with development, QA, production support and vendor teams throughout the full SDLC, from requirement definition through to production implementation.
• Maintain appropriate documentation and evidence to support risk, control, audit and governance requirements for a regulated trading platform.

Skills

Capital markets

Front-office order/trade

SQL data analysis

Stakeholder management

APIs/interfaces

Linux/Unix

Problem solving

Vendor management

Documentation

Education

Bachelor’s degree in Engineering

Bachelor’s degree in Computer Science

Tools

OMS

SQL databases

APIs/interfaces

Job description

Join us as Business Analyst, where you will:

• Act as the Techno-Functional Business Analyst for the trade execution platform, providing functional and technical analysis across the trade execution lifecycle.


• Work closely with Dealers, RMS, Broking Operations, Technology, Infrastructure, Information Security, exchanges and external vendors to understand requirements and translate them into implementable solutions.


• Understand and document end-to-end flows covering order capture, order validation, order routing, exchange connectivity, trade confirmation and downstream hand-off to post-trade systems.


• Gather and analyse business, regulatory and technology requirements and translate them into BRDs, functional specifications, user stories, process flows, interface requirements and acceptance criteria.


• Perform As-Is/To-Be and gap analysis, assess solution impacts and identify dependencies across upstream and downstream applications and interfaces.


• Analyse application and interface issues using SQL/data analysis, logs, files and system flows, working with development and vendor teams to identify root causes and drive resolution.


• Support integrations and connectivity with relevant NSE/BSE trading infrastructure and downstream broking systems.


• Own functional analysis for regulatory/exchange-mandated changes, business enhancements, technology upgrades and control remediation impacting the trade execution platform.


• Define test scenarios and acceptance criteria and support SIT, UAT, regression testing, production sanity validation and business sign-off.


• Support production releases, incidents and problem investigations, including impact analysis, root-cause analysis and remediation tracking.


• Coordinate with development, QA, production support and vendor teams throughout the full SDLC, from requirement definition through to production implementation.


• Maintain appropriate documentation and evidence to support risk, control, audit and governance requirements for a regulated trading platform.

To be successful in this role, you should:

• Have a strong understanding of capital markets and equity broking, particularly front-office order and trade execution.


• Have a good functional understanding of the order-to-trade lifecycle, including order placement, validations, routing, exchange execution, trade confirmations and post-trade interfaces.


• Be able to bridge the gap between business users and technical teams, translating trading requirements into detailed system requirements.


• Have strong analytical and problem-solving capabilities, with the ability to investigate data, interfaces and application behaviour rather than limiting the role to documentation.


• Have working knowledge of SQL, databases, file/interface-based integrations, application logs and data reconciliation.


• Have a good understanding of APIs/interfaces, batch and real-time integrations, Linux/Unix environments and application architecture.


• Demonstrate strong stakeholder and vendor management skills, with the ability to work across Front Office, Operations, Technology, Risk and Control.


• Be able to operate effectively in a regulated, business-critical trading environment and manage multiple priorities simultaneously.


• Have strong written and verbal communication skills, with disciplined documentation and attention to detail.

Essential Skills/Basic Qualifications:

• Bachelor’s degree in Engineering, Computer Science, Information Technology, Finance, Business Management or a related discipline.


• Relevant experience as a Business Analyst/Techno-Functional Analyst in Capital Markets, Securities, Broking or Trading Technology.


• Hands-on experience working with trade execution, Order Management Systems (OMS) or trading platforms.


• Strong knowledge of the equity trading lifecycle and Indian capital markets.


• Working knowledge of SQL and relational databases, with the ability to analyse transactional data.


• Experience preparing BRDs, functional specifications, user stories, process flows, test scenarios and acceptance criteria.


• Experience supporting SIT/UAT, production releases and incident/problem analysis.


• Effective stakeholder management across business and technology teams.