About the role

Industry: Capital Markets - Market Infrastructure

Role Summary

We are looking for a Business Analyst to act as a liaison between business users, technical analysts and technology teams. The role involves gathering and analyzing business requirements, designing solutions and ensuring optimal system performance for market infrastructure applications.

Key Responsibilities

Requirements Elicitation: Gather and understand business needs from multiple stakeholders.
Requirement Analysis & Documentation: Define and document Business Requirement Specifications (BRS/BRD) and Functional Requirements.
Stakeholder Management: Act as a liaison between business users, operations, and technology teams.
Process & Feasibility Analysis: Analyze current-state processes, assess technical feasibility and recommend solutions.
Solution Design:
- Create target-state business processes and workflows.
- Lead design discussions for screens, reports, interfaces and APIs.
- Create use case-based process flows and functional models.
System Understanding: Develop a strong understanding of the IT application landscape and integrations.
Testing & Quality Assurance: Review test scenarios, support UAT and maintain requirement traceability.
Change Management & Training: Prepare user manuals, conduct training and support change management initiatives.

Desired Profile

Self-motivated, flexible and articulate communicator.
Strong analytical, problem solving and stakeholder management skills.
Highly innovative and results oriented.
Ability to work effectively with cross-functional teams.

Knowledge, Skills & Expertise

Domain: Strong understanding of Indian Capital Markets, Depository Operations, and Market Infrastructure. NSE/NCFM/NISM certification desirable.
Capital Markets: Knowledge of Equities, Mutual Funds, Custody Services, Pledge, Margin Pledge/Re-Pledge, Margin Trading Facility (MTF), Clearing and Settlement.
Documentation: Experience creating BRDs, FRS, use cases, process flows, screen layouts and functional specifications.
System Design: Exposure to business rules, data migration, interfaces and integration requirements.
Technical: Understanding of databases and SQL, data structures and system architecture.
API Knowledge (Good to Have): Understanding of APIs and integrations from a Business Analyst perspective, including requirement gathering, interface specifications, request/response flows and API testing support.