Senior Business Analyst – Trade Regulatory Reporting

Luxoft; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Luxoft is seeking a senior Business Analyst/Functional QA to lead regulatory reporting efforts for trade data and controls in our financial services practice. You will translate complex regulatory obligations into functional specifications and drive testing, data mapping, and QA coordination across business, technology, and compliance teams.

Role requires strong domain expertise in regulatory reporting, trade lifecycle, and reporting data flows, with hands-on experience in requirement analysis,

Qualifications

• 6+ years of experience in Business Analysis and/or Functional QA within financial services.
• Strong hands-on experience in Trade Regulatory Reporting and related regulatory requirements.
• Good understanding of trade lifecycle, regulatory reporting workflows, data mapping, and reporting controls.
• Experience translating regulatory and business requirements into functional specifications.
• Strong experience in requirement analysis, stakeholder management, and functional documentation.
• Experience in preparing test strategy, test scenarios, and functional test cases.
• Hands-on experience in functional testing, defect triage, and defect management.
• Ability to coordinate effectively with business, technology, compliance, and QA stakeholders.
• Strong analytical, problem-solving, and communication skills.
• Experience working in Agile delivery environments.

Responsibilities

• Lead requirement gathering, analysis, and documentation for Trade Regulatory Reporting initiatives.
• Translate regulatory obligations and business requirements into detailed functional specifications.
• Analyze trade lifecycle events, reporting workflows, data mapping, and regulatory reporting controls.
• Work closely with business, technology, compliance, and operations stakeholders to define functional requirements and reporting solutions.
• Prepare and review functional specifications, business requirement documents, process flows, and data mapping documents.
• Define and support test strategy, test scenarios, and functional test cases based on business and regulatory requirements.
• Perform functional testing and support regression testing across regulatory reporting applications.
• Lead defect triage, root cause analysis, defect prioritization, and resolution coordination.
• Ensure requirement-to-test traceability and appropriate functional documentation.
• Support stakeholder discussions, requirement walkthroughs, and project delivery activities.
• Guide junior business analysts and QA team members in requirement analysis and testing activities.
• Contribute to Agile delivery processes and continuous improvement of reporting workflows.

Skills

Business Analysis

Regulatory Reporting

Trade Lifecycle

Requirements Analysis

Stakeholder Management

Functional Documentation

Agile Delivery

Functional Testing

QA Coordination

Tools

Jira

Confluence

Job description

Project description

The role involves leading business analysis and supporting functional quality assurance activities for Trade Regulatory Reporting initiatives within the financial services domain. You will be responsible for translating regulatory obligations and business requirements into functional specifications, supporting reporting workflows, and ensuring quality delivery through effective testing and stakeholder coordination. The role requires strong domain expertise in regulatory reporting, trade lifecycle, reporting data flows, and regulatory controls, with the ability to work closely with business, technology, and compliance teams.

Responsibilities

• Lead requirement gathering, analysis, and documentation for Trade Regulatory Reporting initiatives.
• Translate regulatory obligations and business requirements into detailed functional specifications.
• Analyze trade lifecycle events, reporting workflows, data mapping, and regulatory reporting controls.
• Work closely with business, technology, compliance, and operations stakeholders to define functional requirements and reporting solutions.
• Prepare and review functional specifications, business requirement documents, process flows, and data mapping documents.
• Define and support test strategy, test scenarios, and functional test cases based on business and regulatory requirements.
• Perform functional testing and support regression testing across regulatory reporting applications.
• Lead defect triage, root cause analysis, defect prioritization, and resolution coordination.
• Ensure requirement-to-test traceability and appropriate functional documentation.
• Support stakeholder discussions, requirement walkthroughs, and project delivery activities.
• Guide junior business analysts and QA team members in requirement analysis and testing activities.
• Contribute to Agile delivery processes and continuous improvement of reporting workflows.

SKILLS

Must have

• 6+ years of experience in Business Analysis and/or Functional QA within financial services.
• Strong hands-on experience in Trade Regulatory Reporting and related regulatory requirements.
• Good understanding of trade lifecycle, regulatory reporting workflows, data mapping, and reporting controls.
• Experience translating regulatory and business requirements into functional specifications.
• Strong experience in requirement analysis, stakeholder management, and functional documentation.
• Experience in preparing test strategy, test scenarios, and functional test cases.
• Hands-on experience in functional testing, defect triage, and defect management.
• Ability to coordinate effectively with business, technology, compliance, and QA stakeholders.
• Strong analytical, problem-solving, and communication skills.
• Experience working in Agile delivery environments.

Nice to have

• Experience with regulatory reporting frameworks such as EMIR, MiFIR, SFTR, CFTC, or ASIC.
• Exposure to multiple asset classes, including derivatives, securities, and FX.
• Strong SQL knowledge and experience in data analysis, data validation, and reporting reconciliation.
• Experience with regulatory reporting data lineage, transformation rules, and reporting validations.
• Experience mentoring junior BAs and functional QA team members.
• Familiarity with Jira, Confluence, and other Agile delivery tools.
• Experience supporting regulatory reporting implementations, remediation, or regulatory change initiatives.