Business Analyst - BA4
Barclays · Posted Oct 30
Banking, credit card, corporate, investment banking, and wealth management services
Mumbai, IndiaFull-timeOnsiteSenior Level6–10 years₹25.0L–₹40.0L yearly54 applicants
BankingFinancial ServicesInvestment BankingCredit CardsWealth ManagementPublic Company
Comp. & BenefitsFull time
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About the role
Barclays' trade execution platform team supports front-office equity broking across the order-to-trade lifecycle, working with Dealers, RMS, Broking Operations, Technology and exchanges. The role is a techno-functional Business Analyst position covering order capture, validation, routing, exchange connectivity and downstream hand-off to post-trade systems in a regulated environment. The analyst will gather and translate business, regulatory and technology requirements into BRDs, user stories and process flows, and support SIT/UAT, production releases and incident analysis using SQL and system data.
What you will do
- Act as the Techno-Functional Business Analyst for the trade execution platform, providing functional and technical analysis across the trade execution lifecycle.
- Work closely with Dealers, RMS, Broking Operations, Technology, Infrastructure, Information Security, exchanges and external vendors to understand requirements and translate them into implementable solutions.
- Understand and document end-to-end flows covering order capture, order validation, order routing, exchange connectivity, trade confirmation and downstream hand-off to post-trade systems.
- Gather and analyse business, regulatory and technology requirements and translate them into BRDs, functional specifications, user stories, process flows, interface requirements and acceptance criteria.
- Perform As-Is/To-Be and gap analysis, assess solution impacts and identify dependencies across upstream and downstream applications and interfaces.
- Analyse application and interface issues using SQL/data analysis, logs, files and system flows, working with development and vendor teams to identify root causes and drive resolution.
- Support integrations and connectivity with relevant NSE/BSE trading infrastructure and downstream broking systems.
- Own functional analysis for regulatory/exchange-mandated changes, business enhancements, technology upgrades and control remediation impacting the trade execution platform.
- Define test scenarios and acceptance criteria and support SIT, UAT, regression testing, production sanity validation and business sign-off.
- Support production releases, incidents and problem investigations, including impact analysis, root-cause analysis and remediation tracking.
- Coordinate with development, QA, production support and vendor teams throughout the full SDLC, from requirement definition through to production implementation.
- Maintain appropriate documentation and evidence to support risk, control, audit and governance requirements for a regulated trading platform.
Skills used in this role
What the employer is looking for
- Have a strong understanding of capital markets and equity broking, particularly front-office order and trade execution.
- Have a good functional understanding of the order-to-trade lifecycle, including order placement, validations, routing, exchange execution, trade confirmations and post-trade interfaces.
- Be able to bridge the gap between business users and technical teams, translating trading requirements into detailed system requirements.
- Have strong analytical and problem-solving capabilities, with the ability to investigate data, interfaces and application behaviour rather than limiting the role to documentation.
- Have working knowledge of SQL, databases, file/interface-based integrations, application logs and data reconciliation.
- Have a good understanding of APIs/interfaces, batch and real-time integrations, Linux/Unix environments and application architecture.
- Demonstrate strong stakeholder and vendor management skills, with the ability to work across Front Office, Operations, Technology, Risk and Control.
- Be able to operate effectively in a regulated, business-critical trading environment and manage multiple priorities simultaneously.
- Have strong written and verbal communication skills, with disciplined documentation and attention to detail.
- Bachelor’s degree in Engineering, Computer Science, Information Technology, Finance, Business Management or a related discipline.
- Relevant experience as a Business Analyst/Techno-Functional Analyst in Capital Markets, Securities, Broking or Trading Technology.
- Hands-on experience working with trade execution, Order Management Systems (OMS) or trading platforms.
- Strong knowledge of the equity trading lifecycle and Indian capital markets.
- Working knowledge of SQL and relational databases, with the ability to analyse transactional data.
- Experience preparing BRDs, functional specifications, user stories, process flows, test scenarios and acceptance criteria.
- Experience supporting SIT/UAT, production releases and incident/problem analysis.
- Effective stakeholder management across business and technology teams.
Preferred qualifications
- Prior hands-on experience with NEST/Omnesys NEST or a comparable broker trade execution/OMS platform.
- Knowledge of NSE and BSE trading environments, exchange connectivity and trading terminals.
- Familiarity with NEAT/BOLT or equivalent exchange trading systems.
- Understanding of RMS controls, trading limits, margins and pre-trade validations.
- Exposure to FIX/API-based exchange or trading-system integration.
- Understanding of Cash Equity and Equity Derivatives (F&O) products and workflows.
- Experience with Linux/Unix, Oracle/SQL databases, logs, interfaces and production troubleshooting.
- Understanding of downstream trade settlement/back-office systems and interfaces between front-office execution and post-trade platforms.
- Exposure to SEBI and exchange-driven technology/regulatory changes, audit requirements and control frameworks.
- Experience working with third-party product/vendor teams and managing requirements through implementation.
Benefits and support
- Compensation and benefits are detailed in the job posting
About Barclays
Barclays is a British multinational universal bank that provides consumer, corporate, and investment banking, as well as wealth management services. Tracing its origins back to 1690 in London, the institution operates globally to serve millions of retail and institutional clients. The bank leverages cutting-edge technology and digital platforms to drive operational efficiency across its international network.
- Industry
- Banking
- Company size
- 93000+ employees
- Founded
- 1690
- Location
- London, United Kingdom
- Funding stage
- Public Company
Leadership
CV
C.S. Venkatakrishnan
Group Chief Executive
AC
Anna Cross
Group Finance Director
AC
Alistair Currie
Group Chief Operating Officer
Recent coverage
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