Business Analyst in Capital Markets(DM/Mgr IT) Post Trade (Settlement and Risk)Mumbai

JOB DESCRIPTION of Business Analyst - Transformation

Job Title: Deputy Manager/ Manager/Senior Manager

Department: IT

Reports to: Senior Manager-IT/ Vice President–IT

Experience: 10 Years and above

Required Qualification: BSC/ MSC (IT/Com),BCOM + Masters, MBA

Preferred Qualification: BSC (IT/Com),MSC(IT/Com), BE, MCA, BCOM + Masters, MBA

Skill, Knowledge & Trainings:

Experience as an IT Business Analyst in Capital Markets Post Trade (Settlement and Risk) domain in IT companies or Financial Services organizations
Experience in functional testing, test planning and test execution
Responsible for ensuring appropriate test coverage and execution for various test cycles
Maintain defect logs, publish testing reports to all stakeholders and track defects to closure
Experience in integration testing, system testing and beta testing using manual and automated test scenarios and test cases.
Good understanding of Agile processes including testing methodologies and business impact analysis.
Good Communication and Presentation skills 

 

Experience in Clearing, Settlement and Risk systems
Thorough understanding of Capital markets domain
Awareness of Margining and Risk computations for trading/ post trading systems
Business requirements analysis and documentation
Exposure to industry leading products such as Calypso, Murex, Nasdaq, Broadridge or to settlement solutions used by leading exchanges or brokers
Functional Testing using Manual and/ or Automated testing

Additional Competencies (Nice to have):

Appreciation of Enterprise Functional Architecture in Capital Markets
Project Coordination/ Management
Agile methodologies
Prepare and/ or review BRS, Test Plans, Test scenarios, Acceptance criteria, Test cases
Experience in real-time position monitoring systems
Experience in Functional Solution design

Job Purpose:

The successful candidate would join the IT Department of a critical Financial Market Infrastructure (FMI) organization, which serves as a Qualified Central Counterparty (QCCP) for Government Securities, Money Market, FX and Derivatives transactions in the Indian financial markets.

The successful candidate would play a key role in the “IT Transformation Programme” which envisages a modernization of critical applications so as to align with the target state enterprise architecture, to adopt a contemporary or futuristic technology stack and tools, to improve system scalability, reliability, maintainability, and to reduce the time to market for change requests or new functionality requested by the business departments. The transformation programme is expected to be an evolution of the applications with components of functionality being carved out as per the new architecture and being delivered to production as they are completed.
The successful candidate would be responsible for engaging with business units for understanding Clearing, Settlement and Risk systems. The candidate will work closely with Business departments and Application development teams to meet the requirements towards enhancements/ new developments for the transformation programme.

Candidate will be responsible for business analysis, test planning, preparation of BRS, Test scenarios for various functionalities of the clearing and settlement system. Candidate will be required to co- ordinate across different agile teams, stakeholders, business and infra teams.

Area of Operations / Key Responsibility

Change Management or Transformation Member of a cross functional (Business / IT / Vendor) transformation team, envisioning the target state and milestones of the programme 

 

Project Management BRS, Test Plans, Test Scenarios, Test Cases, Tracking Delivery, Product Backlog and User stories, Interface between business users and development team

Recruitment and Team Building Developing assessment criteria, conducting interviews, guiding the development team, problem solving, setting clear goals and delivering through teams

Any Other Requirement:

Leadership skills with ability to build consensus across multiple stakeholders
Would be required to work with multiple projects / teams concurrently
Team building and Team working