Lead Business Analyst- OTC Settlements

• We are looking for an energetic, proactive & competent candidate to shape the next-gen settlement engine that processes half-a-million OTC derivative trades every day

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• Platform is a real-time multi-asset settlement system covering FX, Equities, Credits, Rates & Commodities.
• The system guarantees that every announcement, confirmation, payment and accounting entry is posted within seconds, 24??7. As the business expands with ever-evolving settlements perimeter involving CLSNET, CLSMain and their integration with clearing houses.
• This application consists of a .NET based front end communicating with backend written in Pro*C, PL/SQL and Python. The Database is Oracle 19c. The backend consists of performance critical processes and batches which implement core of the system. A successful candidate would have a unique opportunity to be part of a global team located across multiple locations (Mumbai, London, Paris & Lisbon) to implement and manage large scale projects. Your work will directly impact the speed, accuracy and regulatory compliance of settlements for a global bank.

Responsibilities

• Lead requirement discovery

  with front-office and back-office users across geographies; capture functional specs using use cases, workflow diagrams and user stories.

• Translate business needs into test plans

  ; develop test scenarios, coordinate UAT and support user-acceptance testing.

• Collaborate with development team

  to ensure functional coverage and validate test outcomes.

• Provide Level-3 support

  for production incidents; troubleshoot, create work-arounds and drive root-cause resolutions.

• Own end-to-end delivery of settlement enhancements

  : define scope, create a realistic project plan, track milestones and manage risks.

• Prioritise and negotiate competing demands

  using a weighted-scoring model and RACI matrix

• Facilitate regular steering-committee & stakeholder-review meetings

  with business owners, product managers, technology leads.

• Identify process improvement opportunities

  and propose pragmatic solutions to enhance settlement efficiency and control.

Technical

• 12 + years of Business-Analysis experience in OTC Trade Settlements (FX, Equities, Credit, Rates, Commodities).
• Deep knowledge of the settlement lifecycle from booking to back-office entry and accounting.
• Strong analytical skills; ability to write SQL queries for data validation.
• Knowledge of SWIFT messaging framework.
• Excellent written & verbal communication can translate complex ideas into clear artefacts.
• Strong stakeholder-management influence senior business leaders, negotiate priorities, and maintain alignment across multiple regions.
• Familiarity with Agile / Scrum methodologies (Product Owner or Business-Analyst role).
• Experience with industry-wide netting/settlement platforms (e.g., CLSNET, CLSMain) is preferred.

Behavioural

• Analytical thinking & problem-solving
• Ability to influence without authority
• Strong negotiation & conflict-resolution skills
• Pro-active ownership & accountability
• Collaborative mindset in a multicultural, globally-distributed team