About the Role
We are seeking a Business Analyst with strong Capital Markets domain expertise to drive analysis, solution design, and delivery for front-, middle-, and back-office initiatives. You will partner with trading, risk, operations, compliance, and technology teams to modernize platforms, improve STP, reduce operational risk, and ensure regulatory compliance across multiple asset classes.
Key Responsibilities
Requirements & Analysis
Elicit, document, and prioritize business requirements, user stories, and acceptance criteria across trading, risk, and post-trade processes.
Perform process mapping (BPMN/UML), data flow analysis, and gap assessment of current vs. target state.
Translate business needs into transparent functional specifications, data mappings, and interface/API contracts.
Capital Markets Domain Delivery
Analyze trade lifecycle events: order capture, execution, allocation, confirmation/affirmation, clearing, settlement, reconciliations, and corporate actions.
Work across asset classes (Equities, Fixed Income, FX, Listed/OTC Derivatives)



and related workflows (OMS/EMS, market connectivity, FIX, SWIFT, ISO 20022).
Support risk, pricing, and P&L; processes; collaborate with quants/risk teams on data and model integration (e.g., VaR inputs, sensitivities).
Drive reference data, instrument setup, market data sourcing, and golden-source strategies.
Regulatory & Controls
Interpret and embed regulatory requirements (e.g., MiFID II/MiFIR, EMIR, Dodd-Frank, Basel III, CFTC/SEC, SFTR, CAT) into business processes and systems.
Define controls, audit trails, and surveillance/reporting needs; support compliance and audit stakeholders.
Delivery & Stakeholder Management
Facilitate workshops with traders, operations, compliance, technology, and vendors; manage cross-functional alignment.
Maintain product backlogs; support Agile ceremonies; ensure scope, dependencies, and risks are transparent.
Contribute to solution design, prototyping, and vendor evaluations/RFPs; coo

📌 Business Analyst (Chennai)
🏢 Kumaran Systems
📍 Chennai