OTC Derivatives Business Analyst - Mumbai

Project Description

• Work with a leading global commodity trading and logistics company.
• Be part of a large-scale transformation program to replace the existing Gresham (Clareti) reconciliation platform with Xceptor.
• Support the implementation of an enterprise-wide reconciliation solution across Front Office (FO), Middle Office (MO), and Back Office (BO).
• Contribute to enhancing trading applications, operational efficiency, and business growth through modern technology.

Key Responsibilities

• Act as the primary point of contact for business stakeholders.
• Gather, analyze, and document business and functional requirements.
• Conduct workshops and collaborate with business and IT teams.
• Document As-Is reconciliation processes in Gresham and design To-Be processes in Xceptor.
• Perform process mapping, gap analysis, and recommend process improvements.
• Support reconciliation logic migration, data mapping, and workflow configuration.
• Collaborate with IT and vendor teams during implementation.
• Prepare and execute User Acceptance Testing (UAT).
• Validate reconciliation outputs and obtain business sign-offs.
• Create and maintain BRDs, FRDs, process flows, data mappings, and governance documentation.
• Ensure end-to-end traceability of requirements throughout the project lifecycle.

Mandatory Skills

• Strong knowledge of OTC Derivatives (Swaps, Options, Forwards, Lifecycle Events).
• Good understanding of trade lifecycle, reconciliation processes, and financial products.
• Proven Business Analysis experience in requirements gathering, process mapping, and gap analysis.
• Experience working on migration or transformation programs.
• Strong documentation skills (BRDs, FRDs, User Stories, Process Flows).
• Experience with reconciliation platforms such as Gresham (Clareti) or similar tools.
• Exposure to Xceptor or data automation platforms is highly preferred.
• Basic understanding of data formats such as CSV, XML, etc.
• Excellent stakeholder management, communication, and analytical skills.
• Ability to manage multiple stakeholders and priorities in a collaborative environment.

Nice-to-Have Skills

• Experience with Xceptor implementation or migration projects.
• CBAP, CCBA, or equivalent Business Analysis certification.
• Experience in commodity trading, capital markets, or financial services.