Business Analyst-Capital market

Job Description

We are looking for an experienced Business Analyst with 6+ years of experience in capital markets to join our technology delivery team. You will bring deep domain knowledge across financial instruments, trade lifecycle, and capital markets operations combined with strong BA skills to elicit, document, and manage requirements across complex technology programmes. You will act as the critical bridge between business stakeholders and technology delivery teams — translating capital markets business needs into clear, actionable user stories, functional specifications, and acceptance criteria.

What We're Looking For

1. 6+ years of business analysis experience with strong capital markets domain expertise.
2. Deep knowledge of capital markets — financial instruments (fixed income, FX, derivatives, equities), trade lifecycle, and front / middle / back office operations.
3. Strong requirements documentation skills — user stories, BRDs, process maps, data mapping, and acceptance criteria.
4. Experience with regulatory frameworks — MiFID II, EMIR, ASIC, or equivalent — and their technology implications.
5. Solid SQL skills — data querying and validation for capital markets data analysis and requirements support.
6. Proven stakeholder management — engaging trading, operations, risk, compliance, and technology teams confidently.
7. Strong Agile delivery experience — Jira and Confluence in sprint-based delivery teams.
8. Excellent written and verbal communication skills — clear, precise BA documentation for technical and business audiences.
9. Good analytical skills — translating complex capital markets requirements into clear, deliverable functional specifications.

Nice to Have

• Exposure to capital markets platforms — Calypso, Murex, Bloomberg, or equivalent.
• Familiarity with trade reporting platforms — DTCC GTR, UnaVista, or equivalent.
• Knowledge of FIX protocol or market data message formats.
• Understanding of regulatory reporting schemas — ESMA EMIR Refit, ASIC RG 251.
• CBAP / CCBA Business Analysis certification.
• Agile certification — CSPO or CSM.
• Experience with data modelling and mapping tools — Visio, Lucidchart, or Miro.

Key Responsibilities

Business Analysis & Requirements

• Lead requirements elicitation and analysis — engaging trading, operations, risk, compliance, and technology stakeholders to define clear functional and non-functional requirements.
• Translate capital markets business needs into well-structured user stories, BRDs, functional specifications, process maps, and acceptance criteria.
• Conduct business process analysis — mapping current-state (AS-IS) and future-state (TO-BE) workflows across capital markets operations.
• Perform gap analysis and impact assessments — identifying functional gaps, process inefficiencies, and delivery risks.
• Define data mapping and transformation logic — documenting field-level mapping rules and validation criteria for capital markets data and system integrations.
• Maintain requirements traceability — managing RTMs to ensure all requirements are addressed through design, testing, and sign-off.

Capital Markets Domain

• Apply deep capital markets domain knowledge — financial instruments (fixed income, FX, derivatives, equities), trade lifecycle, front / middle / back office processes, and market conventions.
• Support regulatory change programmes — MiFID II, EMIR, ASIC, or equivalent — translating regulatory obligations into functional technology requirements.
• Collaborate with trading, operations, risk, finance, and compliance teams — providing domain expertise to guide solution design and delivery decisions.
• Contribute domain knowledge to system integration analysis — defining connectivity requirements between trading platforms, risk systems, and reporting applications.

Stakeholder Management & Delivery

• Engage and manage stakeholders across trading, operations, risk, compliance, and technology — building trusted relationships and managing competing priorities.
• Facilitate requirements workshops, process design sessions, and sprint ceremonies — engaging stakeholders at all levels with clarity and domain authority.
• Support UAT planning and execution — developing test scripts, coordinating business users, managing defects, and obtaining sign-off.
• Contribute to Agile delivery ceremonies — sprint planning, backlog refinement, and retrospectives — as an embedded BA in engineering delivery teams.
• Produce clear documentation — functional specifications, data mapping documents, process maps, and UAT sign-off evidence.