Business Analyst (Equity Broking)

From Barclays' job posting

Purpose of the role

To support the organisation, achieve its strategic objectives by the identification of business requirements and solutions that address business problems and opportunities.

Accountabilities

• Identification and analysis of business problems and client requirements that require change within the organisation.
• Development of business requirements that will address business problems and opportunities.
• Collaboration with stakeholders to ensure that proposed solutions meet their needs and expectations.
• Support the creation of business cases that justify investment in proposed solutions.
• Conduct feasibility studies to determine the viability of proposed solutions.
• Support the creation of reports on project progress to ensure proposed solutions are delivered on time and within budget.
• Creation of operational design and process design to ensure that proposed solutions are delivered within the agreed scope.
• Support to change management activities, including development of a traceability matrix to ensure proposed solutions are successfully implemented and embedded in the organisation.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as Business Analyst, where you will

• 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.

To be successful in this role, you should

• 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.

Essential Skills/Basic Qualifications

• 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.

Desirable Skills/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.

You may be assessed on the key critical skills relevant for success in role, such as:

• Capital Markets & Broking Domain Knowledge: Ability to demonstrate an end-to-end understanding of order and trade execution.
• Techno-Functional Capability: Ability to analyse a business problem at both functional and system/data levels.
• NEST/OMS Expertise: Understanding of front-office trading platforms, order workflows, exchange connectivity and RMS.
• Business Analysis: Quality of requirements, process mapping, impact analysis, functional specifications and acceptance criteria.
• SQL & Data Analysis: Ability to query and analyse transaction, order and trade data to investigate issues and validate changes.
• Problem Solving: Ability to investigate production issues, establish root causes and translate findings into sustainable remediation.
• Testing & Delivery: Effectiveness in defining scenarios, supporting SIT/UAT, managing defects and validating production releases.
• Regulatory & Control Awareness: Ability to translate regulatory/exchange requirements into system changes while maintaining appropriate controls.
• Stakeholder Management: Ability to communicate effectively with Dealers, RMS, Operations, Technology, vendors and senior stakeholders.
• Ownership: Ability to take a requirement or issue from analysis through implementation and production validation.

Text from Barclays' official job posting, formatted by HireSetu. The employer's own page is the final word on details.