Project description

Our client is a leading commodity trading and logistics company.
They are committed to building and maintaining world-class IT applications and infrastructure.
The Trading IT group directly supports the trading business, and this business has started a far-reaching programme to enhance and improve its trading applications using an innovative architecture to support business growth across the full range of business lines and geographies, and to enable the sharing of systems across different businesses.
This programme is aimed at delivering functional capabilities, enhancements, and technical infrastructure upgrades to enable continued business growth and enhanced profitability for the firm.

Client is looking to replace existing reconciliation system Gresham with Exceptor which will be enterprise-wide recon platform across FO, MO and BO.

Responsibilities

Key Responsibilities

Business Engagement & Stakeholder Management

Act as the primary point of contact for business users

Engage with front-to-back office stakeholders to understand requirements and pain points

Facilitate workshops, discussions, and walkthroughs with business and IT teams

Build strong relationships to drive alignment and timely decision-making

Requirements Gathering & Analysis

Elicit, analyze, and document business and functional requirements

Translate business needs into clear, actionable requirements for implementation in Xceptor

Ensure requirements are well understood by both IT and vendor teams

Process Mapping & Gap Analysis

Document as-is processes in Gresham (reconciliation workflows, matching rules, exception handling)

Define to-be processes in Xceptor aligned with business objectives

Perform detailed gap analysis and recommend improvements

Migration & Implementation Support

Support data mapping,



reconciliation logic migration, and workflow configuration

Ensure accurate translation of business rules from Gresham to Xceptor

Collaborate closely with IT teams during build and implementation phases

Testing & Validation

Define and execute User Acceptance Testing (UAT) scenarios

Validate reconciliation outputs and ensure accuracy of migrated processes

Work with business users to obtain sign-offs

Documentation & Governance

Maintain high-quality documentation including BRDs, FRDs, process flows, and data mappings

Ensure traceability of requirements throughout the project lifecycle

Support reporting and governance activities

Skills

Must have

Domain Expertise

Strong knowledge of OTC derivatives (e.g., swaps, options, forwards, lifecycle events)

Good understanding of trade lifecycle, reconciliation processes, and financial products

Business Analysis Skills

Proven experience in requirements gathering, process mapping, and gap analysis

Experience working on migration or transformation programs

Strong documentation skills (BRD, FRD, user stories, workflows)

Technical Understanding

Familiarity with reconciliation platforms like Gresham (Clareti) or similar tools

Exposure to Xceptor or data automation platforms is a strong advantage

Basic understanding of data structures and formats (CSV, XML, etc.)

Soft Skills

Excellent stakeholder management and communication skills

Ability to work effectively in a co-located, team-oriented environment

Strong analytical thinking and problem-solving capabilities

Ability to manage multiple stakeholders and priorities

Nice to have

Relevant BA certifications (CBAP, CCBA, or equivalent) are a plus

Other

Languages

English: C1 Advanced

Seniority

Senior

Mumbai, India

Req. VR-122506

Business Analysis

BCM Industry

15/07/2026

Req. VR-122506

📌 OTC Derivatives Business Analyst (India)
🏢 Luxoft
📍 India