Business Analyst - Trade Execution Platform (BA4)

About the role

Barclays is hiring a Business Analyst (BA4) in Mumbai to act as the techno-functional analyst for its trade execution platform. The role covers the full trade execution lifecycle, from order capture and validation through routing, exchange connectivity, trade confirmation and hand-off to post-trade systems. It works with Dealers, RMS, Broking Operations, Technology, Infrastructure, Information Security, exchanges and external vendors.

Key responsibilities

• Analyse business, regulatory and technology requirements and turn 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 applications and interfaces.
• Analyse application and interface issues using SQL, data analysis, logs and files, working with development and vendor teams to find root causes.
• Support integrations with NSE/BSE trading infrastructure and downstream broking systems, and own functional analysis of regulatory and exchange-mandated changes, business enhancements, technology upgrades and control remediation.
• Define test scenarios and acceptance criteria, 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 vendors throughout the SDLC, and maintain documentation supporting risk, control, audit and governance requirements.

Required profile

• Bachelor's degree in Engineering, Computer Science, Information Technology, Finance, Business Management or a related discipline.
• Relevant experience as a Business Analyst or Techno-Functional Analyst in capital markets, securities, broking or trading technology.
• Hands-on experience with trade execution, OMS or trading platforms, and with BRDs, functional specs, user stories, test scenarios and acceptance criteria.
• Experience supporting SIT/UAT, production releases and incident/problem analysis.
• Desirable: prior hands-on experience with NEST/Omnesys NEST or a comparable broker OMS, knowledge of NSE/BSE environments, NEAT/BOLT, RMS controls, trading limits and margins, and exposure to SEBI and exchange regulatory changes.

Required skills

• Working knowledge of SQL, relational databases, file/interface integrations, application logs and data reconciliation.
• Good understanding of APIs/interfaces, batch and real-time integrations, Linux/Unix environments and application architecture.
• Strong stakeholder and vendor management skills across Front Office, Operations, Technology, Risk and Control.