Job Purpose

We are seeking a highly motivated and delivery-oriented Business Analyst to support a large-scale middle- and back-office transformation and migration program for a leading institutional capital-markets client. The role spans a variety of asset classes — FX, rates, fixed income, financing, derivatives and options — and sits strategically at the intersection of business, operations and technology. The ideal candidate thrives in complex environments and can translate business and operational needs into clear, actionable requirements, is passionate about improving operational workflows and platform capabilities, and brings solid organizational and multitasking abilities in fast-paced settings.

The Business

Analyst will partner closely with Product Owners, operational SMEs, technology and QA teams; familiarity with external post-trade vendor platforms and how they could synergize with this initiative is a significant advantage.

Key Responsibilities

- Partner with Product Managers, business stakeholders and operational SMEs to define platform capabilities, business requirements and target operating models for middle- and back-office functions.
- Analyze and document functional and non-functional requirements for large-scale system migration initiatives.
- Support end-to-end migration activities including current-state analysis, gap assessments, process mapping, data mapping, reconciliation planning and business readiness.
- Work closely with Operations, Risk, Compliance and Technology teams to understand workflows and operational dependencies.
- Translate complex business processes into user stories with clear acceptance criteria and functional specifications.
- Facilitate refinement sessions across business and technology stakeholders at various levels.
- Support product-roadmap execution by helping prioritize enhancements, operational efficiencies and migration deliverables.




- Coordinate testing activities iteratively through the SDLC, and assist with data validation, reconciliation and migration cutover planning.
- Identify risks, dependencies and process impacts associated with platform-transformation initiatives.
- Contribute to change-management, training and operational-readiness activities.
- Ensure solutions align with regulatory, audit and operational-control requirements.

Key competencies

- 10+ years of Business Analyst experience within Capital Markets, preferably in the institutional space.
- Knowledge of financial products including equities, fixed income, derivatives, FX and securities financing.
- Strong understanding of middle- and back-office operations across the entire trade lifecycle (settlements, reconciliations, accounting, confirmations, margin management and reporting).
- Experience supporting large-scale system implementations, platform migrations or transformation programs.
- Proven ability to work in Agile, hybrid or enterprise delivery environments, and comfort operating within an Agile/Scrum/Sprint framework using JIRA.
- Strong requirements-gathering, process-mapping and documentation skills, with experience writing user stories, acceptance criteria and functional specifications.
- Excellent stakeholder-management and communication skills across business and technology teams, with strong analytical and problem-solving capabilities.

Preferred Qualifications

- Experience supporting vendor-platform implementations or strategic modernization programs.
- Experience with post-trade vendor platforms such as Broadridge, Murex, Calypso, Aladdin, Charles River or similar ecosystems.
- Familiarity with operational risk, controls and regulatory-reporting requirements.
- Experience working with cloud-based or distributed-architecture transformation initiatives.
- Product mindset with a strong focus on user outcomes and operational efficiency.

📌 Business Analyst (Bengaluru)
🏢 Acuity Analytics
📍 Bengaluru