Business Analyst - Fixed Income Integration

Luxoft; Pune District, Chennai, Bengaluru; On-site; INR 900,000 - 1,350,000; Full time

Job summary

Luxoft is seeking a senior specialist with 5+ years in Capital Markets and strong Fixed Income focus to manage bond and repo lifecycle activities. The role covers pricing, trade capture, settlement, and data interfaces with Bloomberg/Refinitiv and FIX/JSON/XML messaging for seamless post-trade operations.

The ideal candidate will navigate bond products, repo processing rules, and settlement workflows while collaborating with trading desks and custodians in an Agile environment.

Qualifications

• 5+ years of experience in Capital Markets with a strong focus on Fixed Income (Bonds and Repos).
• Understanding of various bond products like Fixed / Floating Rate, T-Bills, Zero Coupon and Asset Backed.
• Understanding of Repo-specific processing open vs term repos, repo rate conventions, haircuts, close leg generation, substitution.
• Excellent knowledge of the Bond and Repo trade lifecycle pricing, trade capture, confirmation and settlement.
• Hands-on experience with Bond static/security master setup from interfaces like Blomberg / Refinitiv, reference data sourcing.
• Hands-on experience with Trade Life Cycles, workflows, Settlements, FIX, JSON and XML messaging integration.
• Strong understanding of SWIFT MT 540548 settlement messages, message structure, matching rules, and settlement status workflows.
• Experience with integration design defining interface specifications, data mapping, FIX protocol, API connectivity, and file-based feeds between front-office and post-trade systems.
• Familiarity with Bloomberg TOMS and/or Bloomberg VCON for trade order management and trade capture in fixed income.
• Demonstrated experience in business analysis requirements elicitation, User story preparation, data flow documentation, and stakeholder facilitation.
• Strong analytical and problem-solving skills with attention to data quality and reconciliation.
• Strong communication and interpersonal capabilities for effective collaboration across trading desks, operations, technology, and external custodians.
• Experience working within Agile project environments.

Skills

Capital markets expertise

Fixed Income (Bonds & Repos)

Bond products knowledge

Trade lifecycle & settlements

FIX/JSON/XML messaging

Agile project environment

Tools

Bloomberg/Refinitiv interfaces

FIX protocol

SQL/XML integration

Job description

• Mandatory Skills Description:- 5+ years of experience in Capital Markets with a strong focus on Fixed Income (Bonds and Repos).
  - Understanding of various bond products like Fixed / Floating Rate, T-Bills, Zero Coupon and Asset Backed.
  - Understanding of Repo-specific processing open vs term repos, repo rate conventions, haircuts, close leg generation, substitution.
  - Excellent knowledge of the Bond and Repo trade lifecycle pricing, trade capture, confirmation and settlement.
  - Hands-on experience with Bond static/security master setup from interfaces like Blomberg / Refinitiv, reference data sourcing.
  - Hands-on experience with Trade Life Cycles, workflows, Settlements, FIX, JSON and XML messaging integration.
  - Good understanding of security settlement models, netting, and CSD/custodian interactions
  - Strong understanding of SWIFT MT 540548 settlement messages, message structure, matching rules, and settlement status workflows.
  - Experience with integration design defining interface specifications, data mapping, FIX protocol, API connectivity, and file-based feeds between front-office and post-trade systems.
  - Familiarity with Bloomberg TOMS and/or Bloomberg VCON for trade order management and trade capture in fixed income.
  - Demonstrated experience in business analysis requirements elicitation, User story preparation, data flow documentation, and stakeholder facilitation.
  - Strong analytical and problem-solving skills with attention to data quality and reconciliation.
  - Strong communication and interpersonal capabilities for effective collaboration across trading desks, operations, technology, and external custodians.
  - Experience working within Agile project environments.
• Nice-to-Have Skills Description:- Experience with Nasdaq Calypso, Eqlipse (clearing, risk, or CSD modules), Murex or other trading platforms
  - Knowledge of SWIFT ISO 20022 (MX) messaging structure, experience in MT to MX migration.
  - Knowledge of SQL, XML, and integration technologies (e.g., IBM MQ, & REST APIs).
  - CFA / FRM or other BA certifications are desirable