Role Type-Techno-Functional
Reporting - Director Engineering
Domain - Capital Markets Ops
Experience - 8-12 Years

Role Overview
We are looking for a Technical Business Analyst who will serve as the critical bridge between
Product team and R&D engineering. This is a techno-functional role that requires deep understanding of capital markets back-office operations — particularly reconciliation and exception management — combined with enough technical fluency to translate complex business requirements into precise, implementable specifications.
You will own the requirements lifecycle end-to-end: engaging with the Product team and clients to understand needs, decomposing them into well-defined user stories with clear acceptance criteria,
ensuring R&D has unambiguous guidance for implementation, and validating that delivered features
meet business intent. Optionally, you may also facilitate Scrum ceremonies and help optimize the
team’s agile processes.

Key Responsibilities

Requirements Analysis & Specification
• Engage with the Product team, product owners, and client-facing teams to deeply understand business requirements, pain points, and desired outcomes in the context of back-office reconciliation workflows
• Translate high-level business needs into detailed functional specifications, user stories, and acceptance criteria that R&D engineers can implement without ambiguity
• Decompose complex reconciliation into incremental, deliverable units that align with sprint capacity
• Identify edge cases, data dependencies, and cross-module impacts early in the requirements phase — particularly around the shared database model and inter-module API/MQ communication
• Maintain a well-organized requirements repository with traceability from business objectives to user stories to test scenarios

Bridge Between Product & R&D
• Serve as the primary translation layer between Product (business-focused) and R&D
(engineering-focused), ensuring both sides have shared understanding of what is being built and why
• Participate in technical design discussions with enough depth to assess feasibility, flag complexity, and negotiate scope trade-offs without compromising business value
• Proactively clarify requirements during sprints — be the person developers reach out to when they hit ambiguity, rather than blocking on Product availability
• Review and validate delivered features against acceptance criteria before they move to QA, catching misinterpretations early in the cycle
• Facilitate requirement grooming sessions, ensuring stories are refined, estimated, and ready for sprint planning with all dependencies identified

Domain Expertise & Product Knowledge
• Understand back-office reconciliation lifecycle: data ingestion, matching, break identification, exception management, resolution workflows, and regulatory reporting
• Stay current with capital markets operations trends, regulatory changes, and competitive landscape to inform product direction and prioritization
• Develop domain expertise that enables you to challenge requirements constructively —
suggesting better approaches based on your understanding of how financial institutions actually operate
• Create and maintain internal knowledge documentation: feature specifications, process flows, decision logs, and domain glossaries that help onboard new team members

Technical Understanding & Validation
• Understand the platform’s technical architecture at a functional level and how data flows between modules
• Read and interpret API specifications (Swagger/OpenAPI) to validate integration requirements and assess impact of changes on downstream consumers
• Work with JIRA (or equivalent) to manage the full backlog lifecycle: epic creation, story writing, acceptance criteria, sprint planning, and release tracking
• Collaborate with QA to define test scenarios derived from acceptance criteria, ensuring functional and regression coverage aligns with business expectations
• Optionally: support or facilitate Scrum ceremonies (standups, sprint planning, retrospectives, demos) and help the team continuously improve their agile practices

Stakeholder Communication & Reporting
• Produce clear, concise requirement documents, impact assessments, and feature briefs for both technical and non-technical audiences
• Present feature specifications and trade-off analyses to Product leadership, helping them make informed prioritization decisions
• Participate in client-facing discussions when deep product/domain expertise is needed to understand custom requirements or configuration needs
• Track and communicate requirement changes, scope adjustments, and their downstream
impact on timelines and dependencies

Required Qualifications
• 8–12 years of experience as a Business Analyst, Product Analyst, or similar techno- functional role in enterprise software products
• Mandatory: domain experience in capital markets back-office operations — specifically reconciliation, settlement, clearing, corporate actions, or trade lifecycle management
• Strong understanding of reconciliation concepts: matching algorithms (exact, fuzzy, tolerance-based), break categorization, exception workflows, and resolution processes
• Proven ability to write precise, testable acceptance criteria and functional specifications that
engineering teams can implement without repeated clarification
• Experience working as the bridge between business/product stakeholders and engineering
teams in an Agile/Scrum environment
• Proficiency with JIRA (or equivalent Agile tooling) for backlog management, story writing,
sprint tracking, and release coordination
• Excellent communication skills: ability to articulate complex reconciliation workflows to engineers and translate technical constraints into business language for product stakeholders
• Experience working on multi-module or multi-tenant enterprise platforms where cross- functional impact analysis is critical

Preferred Qualifications
• Experience with reconciliation platforms or financial operations software
• Familiarity with financial messaging standards (SWIFT, FIX) and reference data (ISIN,CUSIP, SEDOL, LEI)
• Basic SQL proficiency — ability to query databases for data validation, acceptance criteria verification, or ad-hoc analysis
• Experience with Scrum Master or Agile coaching responsibilities (facilitating ceremonies, tracking velocity, improving team processes)
• Understanding of workflow automation, rule engines, and configurable platforms where business users customize behavior without code changes
• Familiarity with data architecture concepts: database schemas, ETL processes, data lineage, and how they impact reporting and reconciliation accuracy

What Will Make You Successful in This Role
This role demands someone who is genuinely curious about the domain and the product. You are
not just a requirements scribe — you actively learn how financial institutions run their reconciliation
operations, you challenge requirements that don’t make sense, you suggest improvements based
on your understanding of both the business and the platform, and you take pride in the clarity and precision of your specifications. You are comfortable in ambiguity, capable of making reasonable assumptions documented as such, and you know when to escalate versus when to decide.