Senior Business Analyst

Luxoft; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

AI

Job summary

Luxoft in Mumbai seeks an experienced Business Analyst to drive regulatory reporting initiatives across EMIR, SFTR, CFTC and other regimes. You will analyze requirements, map data, and work with Business, Operations, Compliance and IT to ensure accurate reporting.

Ideal candidate has 8+ years in finance IT, 4+ years in trade/reporting, strong communication, and ability to handle changing global requirements and complex stakeholder dynamics.

Qualifications

• 8+ years of overall experience with 4+ years in trade and transaction reporting.
• Familiarity with regimes like EMIR, CFTC, SFTR, MIFIR/MiFID II, MAS/ASIS reporting.

Responsibilities

• Produce business requirements for regulatory reporting across major regulators.
• Document scope of requirements for stakeholders and IT teams.
• Contribute to test case generation and resolve defects.
• Collaborate with Product Owners and Architecture for regional consistency.
• Build and maintain relationships with Business, Operations, Compliance and IT.
• Assess risks and propose controls for regulatory reporting solutions.
• Perform data mapping to assess data availability and quality.
• Manage project scope and requirements through lifecycle.
• Support UAT and resolve issues identified during testing.
• Assist in technical design decisions and strategy for business applications.
• Communicate with IT and Business stakeholders on regulatory changes.

Skills

Regulatory reporting regimes

OTC derivatives knowledge

Stakeholder management

Regulatory RTS interpretation

Communication skills

Job description

Project description

Our client is a leading commodity trading and logistics company.They are committed to building and maintaining world-class IT applications and infrastructure.The Trading IT group directly supports the trading business, and this business has started a far-reaching programme to enhance and improve its trading applications using an innovative architecture to support business growth across the full range of business lines and geographies, and to enable the sharing of systems across different businesses.Client trades heavily in FX and commodity derivatives. They need to report OTC derivative transaction on daily basis to different reporting jurisdictions. Business Analyst will be responsible for analysing requirement for regulatory changes, transformation initiatives and to support BAU.

Responsibilities

• Produce Business Requirements relating to the Reporting of any trades and transactions across major Global Regulators (e.g. SFTR, CFTC, EMIR, HKMA, MAS, ASIC) to Trade / Swap Data Repositories (e.g. DTCC, Unavista, US SEC, etc).
• Fully document scope of all related business requirements, relating to each deliverable, and ensure these are understood by business and operational stakeholders and IT teams
• Provide input into the generation of test cases to support the Test strategy and support any analysis to resolve defects.
• Work closely with the Product Owners and Architecture teams to ensure all regional deliveries are consistent with the global approach.
• Develop and maintain strong working relationships with key stakeholders (Business, Operations, Compliance, and IT) in understanding the impact of each business initiatives on regulatory reporting.
• Work to ensure potential gaps and issues in solutions are risk assessed, and appropriate solutions/controls are defined.
• Perform data mapping analysis to understand the availability and quality of data.
• Manage project scope and requirements throughout the project lifecycle;
• Perform functional testing before start of UAT
• Provide UAT support, analyse and resolve issues identified during user testing
• Resolve functional and technical issues related to business applications.
• Provide input to technical design decisions and business application strategy.
• Establish and maintain communication with IT and Business Stakeholders, ensure regulatory reporting requirements are properly addressed on all levels of system and procedural changes

SKILLS

Must have

• 8+ years of overall experience and 4+ years of experience in trade and transaction reporting
• Knowledge of trade & transaction reporting regimes like EMIR / Emir Refit, CFTC/ CFTC Refit, SFTR, MIFIR / MIFID II transaction reporting, ASIS / MAS reporting etc.
• Good understanding of OTC derivatives products (Equity derivatives / Credit derivatives / FX derivatives / Commodity derivatives) and it's lifecycle
• Prior experience with going through RTS and interpreting it and putting together Functional specification document
• Knows how to handle project complexity in terms of stakeholder management, conflict management, change management etc.
• Experience working in team engagements to finalize new operating models and roadmaps for change across people, process, data and technology
• Adaptable to an evolving scope of tasks, comfortable with uncertainty as well as changing global requirements
• Exceptional verbal and written communication skills; expertise in setting and managing customer expectations
• Distinctive blend of business, IT, financial and communication skills, as this is a highly visible position with substantial impact

Nice to have

AI