Senior Business Analyst – Regulatory Reporting (MiFID / G20) | Luxoft

Luxoft; Gurugram District; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Exposure to global regulatory initiatives

Strong career growth potential

Collaborative international environment

Job summary

Luxoft is seeking a Senior Business Analyst to join their on-site team in Gurugram. This role focuses on regulatory reporting, requiring strong MiFID II and G20 expertise. Candidates with 4+ years of experience in financial markets and regulatory technology are encouraged to apply.

You will work as a Subject Matter Expert, leading a team and collaborating closely with compliance and technology teams to ensure accurate regulatory submissions. Strong analytical and stakeholder management skills are essential for success.

Qualifications

• 4+ years of hands-on Business Analyst experience in financial markets or regulatory reporting.
• Mandatory experience with MiFID II or G20 regulations.
• Strong understanding of financial markets and derivative products.

Responsibilities

• Gather, analyze, and document regulatory and business requirements.
• Interpret complex regulations and translate them into specifications.
• Collaborate with Compliance, Risk, Operations, and Technology teams.

Skills

MiFID II expertise

G20 regulation experience

SQL for data validation

Analytical skills

Stakeholder management

Tools

JIRA

Confluence

Job description

Location: Gurugram, Haryana, India

Work Mode: On-site

Employment Type: Full-time

Experience Required: 4+ Years

Industry: Financial Services, Capital Markets, Regulatory Technology

About Luxoft

Luxoft is a global digital strategy and software engineering company, trusted by leading financial institutions worldwide to deliver complex, mission‑critical technology solutions. Luxoft partners with top-tier banks and financial organisations to build scalable, compliant, and future‑ready platforms across capital markets, risk, compliance, and regulatory reporting.

For this role, Luxoft has been engaged by a large Australian financial institution as part of a multi‑year regulatory transformation program. The objective is to enhance and expand an existing Financial Markets Regulatory Reporting platform to support evolving global regulations such as MiFID II, G20, Dodd‑Frank, ASIC, and EMIR, with a strong focus on derivatives reporting across FX, FXD, IRD, and Fixed Income products.

About the Role

Luxoft is hiring a Senior Business Analyst – Regulatory Reporting to join its on‑site delivery team in Gurugram. This is a high‑impact role suited for professionals with strong MiFID/G20 regulatory expertise, deep exposure to financial markets and derivative products, and hands‑on experience working on regulatory technology platforms.

You will act as a Subject Matter Expert (SME), working closely with developers, testers, compliance teams, and senior stakeholders. In addition to hands‑on analysis work, you will also lead a small, multi‑location team, contributing to solution design, delivery, and regulatory interpretation.

This role is ideal for candidates who enjoy bridging business, regulation, and technology in a fast‑paced, global financial environment.

Key Responsibilities

• Gather, analyse, and document regulatory and business requirements from internal stakeholders, compliance teams, and regulatory guidelines.
• Interpret complex regulations, such as MiFID II and G20, and translate them into clear, functional, and technical specifications.
• Support the design, development, and implementation of regulatory reporting solutions for financial market transactions.
• Conduct impact assessments for new or amended regulations and identify system, data, and reporting changes.
• Collaborate closely with Compliance, Risk, Operations, and Technology teams to ensure accurate, complete, and timely regulatory submissions.
• Perform data analysis using SQL or similar tools to validate trade data, reporting logic, and regulatory outputs.
• Participate in testing activities, including test case creation, execution, validation, and defect resolution.
• Act as a bridge between functional and technical teams, clarifying requirements and resolving queries during development cycles.
• Provide regular project status updates, risk assessments, and progress reports to senior stakeholders and program leadership.

Required Qualifications & Experience

• 4+ years of hands‑on Business Analyst experience in financial markets, regulatory reporting, or regulatory technology projects.
• Mandatory experience with MiFID II or G20 regulations (strong preference for candidates with exposure to both).
• Minimum 2+ years of direct experience working with MiFID regulations.
• Strong understanding of financial markets and derivative products, including:
  • Interest Rate Swaps (IRS)
  • Bonds
  • FX Cash
  • FX Options
• Proven experience working across both functional and technical teams in large‑scale financial systems.
• Solid working knowledge of SQL for data validation, reconciliation, and analysis.
• Excellent documentation skills, including user stories, BRDs, FRDs, and functional/technical specifications.

Preferred Skills

• Exposure to additional regulatory frameworks such as EMIR, Dodd‑Frank, SFTR, MAS, or ASIC.
• Experience with Agile delivery methodologies and tools like JIRA and Confluence.
• Background in large‑scale regulatory transformation programs or reporting platform migrations.
• Understanding of regulatory data models, reporting architectures, or BI/reporting tools.

Additional Job Requirements

• Ability to commute daily to the Gurugram office (on‑site role).
• Immediate joiners preferred.
• Strong communication and stakeholder management skills in a global delivery environment.

Why Join Luxoft?

• Work on global regulatory initiatives impacting major financial markets.
• Gain exposure to complex derivatives reporting and evolving regulatory standards.
• Be part of a long‑term, multi‑year transformation program with strong career growth potential.
• Collaborate with international teams and senior stakeholders across regions.
• Strengthen your expertise in MiFID II, G20, and regulatory technology platforms.

Apply Now

If you are a Senior Business Analyst with strong MiFID/G20 expertise looking for a challenging on‑site role in Gurugram, this opportunity at Luxoft is ideal for advancing your career in financial markets regulatory reporting.

Apply today and take the next step in your regulatory technology career.