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Capital Markets Techno-Functional Business Analyst
Role Summary
We are seeking a Capital Markets Techno-Functional Business Analyst (Senior Consultant level) with experience in Capital Markets, Treasury, and Financial Markets transformation programs. The role requires a blend of business analysis, functional consulting, technology understanding, and stakeholder management capabilities to support platform implementation, integration, migration, and modernization initiatives across Front Office, Middle Office, Back Office, Risk, Finance, and Operations functions. The successful candidate will work closely with business and technology stakeholders to define requirements, design solutions, support testing, and drive the delivery of complex change programs across global financial institutions.
Key Responsibilities
Business Analysis & Requirements Management
- Engage with business, operations, risk, finance, and technology stakeholders to elicit, analyze, and document business and functional requirements.
- Facilitate workshops, process walkthroughs, stakeholder interviews, and requirement-gathering sessions.
- Produce high-quality BRDs, FRDs, Functional Specifications, User Stories, Acceptance Criteria, and Process Flows.
- Perform gap analysis, impact assessments, process reviews, and future-state operating model design.
- Maintain end-to-end traceability between business requirements, solution design, testing activities, and implementation deliverables.
- Support business readiness, change management, and operational transition activities.
Capital Markets Functional Analysis
- Analyze and document Front-to-Back trade lifecycle processes across Capital Markets and Treasury functions.
- Support initiatives involving trade capture, lifecycle management, confirmations, settlements, securities processing, reconciliations, collateral management, corporate actions, accounting, and reporting.
- Collaborate with Operations, Risk, Finance, Compliance, and Technology teams to define business processes and control frameworks.
- Assist in the design and implementation of target-state business processes and operating models.
- Support regulatory, operational, and transformation initiatives impacting Capital Markets functions.
Technology & Integration Support
- Act as a liaison between business stakeholders and technology teams to translate requirements into scalable solutions.
- Define functional requirements for platform enhancements, integrations, workflow automation, reporting, and data solutions.
- Analyze upstream and downstream system dependencies, interfaces, and data flows.
- Develop source-to-target mappings, support data analysis activities, and validate business data requirements.
- Support implementation, migration, integration, and platform modernization initiatives across Capital Markets ecosystems.
Testing & Delivery
- Create and review test scenarios, test cases, and business test data.
- Support SIT, UAT, regression testing, end-to-end validation, and production verification activities.
- Coordinate defect triage, issue resolution, and stakeholder communication throughout testing cycles.
- Validate delivered functionality against business and regulatory requirements.
- Support deployment planning, implementation activities, and post-production stabilization.
Required Skills & Experience
Domain Experience
- 5+ years of experience in Capital Markets, Investment Banking, Treasury, or Financial Markets.
- Strong understanding of the end-to-end trade lifecycle.
- Good knowledge of:
- Trade Capture & Processing
- Confirmations
- Settlements
- Securities Processing
- Reconciliations
- Collateral Management
- Corporate Actions
- Regulatory & Operational Controls
- Exposure to Front Office, Middle Office, Back Office, Risk, or Operations functions.
Asset Class Knowledge
Experience in one or more:
- Equities
- Fixed Income
- Foreign Exchange (FX)
- Money Markets
- Interest Rate Products
- Credit Products
- Derivatives (Futures, Options, Swaps)
Platforms & Technology
- Experience working on Capital Markets and Treasury platform implementation, enhancement, migration, or support programs.
- Exposure to platforms such as:
- Murex
- Calypso/Adenza
- Kondor+
- Finastra Solutions
- FIS Quantum
- Broadridge
- MarkitSERV
- Front Arena
- Other Capital Markets, Treasury, or Post-Trade platforms
- Experience supporting integration, data migration, and platform modernization initiatives.
Technical Skills
- Strong SQL and data analysis capabilities.
- Knowledge of Oracle, Sybase, SQL Server, PostgreSQL, or similar database technologies.
- Experience performing data mapping, reconciliation, and data validation activities.
- Understanding of APIs, interfaces, messaging frameworks, and system integrations.
- Experience reviewing system impacts across multiple applications and data sources.
- Familiarity with Jira, Agile, Scrum, and related delivery methodologies.
- Experience supporting reporting solutions and business data validation
Functional & Consulting Skills
- Strong requirements gathering, business analysis, documentation, and stakeholder management capabilities.
- Ability to engage effectively with senior business and technology stakeholders.
- Experience working within Agile, Waterfall, and global delivery environments.
- Strong analytical, problem-solving, and critical-thinking skills.
- Ability to manage multiple priorities, workstreams, and project deliverables.
- Excellent written, verbal, and presentation skills.
- Ability to independently drive requirements and solution discussions.
Desirable Knowledge
- Experience supporting Capital Markets platform implementation, consolidation, or migration programs.
- Exposure to regulatory transformation initiatives and reporting requirements.
- Knowledge of financial market interfaces and messaging standards including SWIFT, FIX, MQ, XML, APIs, and ISO 20022.
- Experience working with investment banks, broker-dealers, custodians, exchanges, asset managers, or financial market infrastructures.
- Familiarity with trade and reference data management, reconciliation processes, and operational controls.
Education and Experience
- Bachelor's degree in Engineering, Technology, Computer Science, Finance, Business, or a related discipline (BE/BTech/MCA preferred).
- MBA (Finance) or relevant Capital Markets certification is advantageous.
- 5+ years of experience in Capital Markets, Treasury, Investment Banking, Financial Services Technology, or related consulting environments.
- Proven experience supporting business analysis, platform implementation, transformation, migration, or regulatory change programs.
- Professional certifications in Business Analysis, Agile, Scrum, Capital Markets, or Project Delivery are desirable.
- Experience working with global banks, broker-dealers, custodians, asset managers, exchanges, or financial institutions is preferred.
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