Business Analyst

IHS Markit
Haryana, India
Competitive salary
25 Nov 2020
27 Nov 2020
Job role
Business analyst, CFO
Job description

Position title

Business Analyst



Business Function




Department overview:

MarkitSERV provides a single gateway for OTC derivatives trade processing. By integrating trade confirmation, reporting, routing to clearing, allocations and portfolio reconciliation, MarkitSERV provides an end-to-end solution for post-trade transaction management of credit, interest rate, equity and foreign exchange derivatives. MarkitSERV also connects dealers and buy-side institutions to central clearing counterparties, trade repositories, and electronic swap markets.

MarkitSERV is the Derivatives Trade Processing division of Markit. MarkitSERV is a global business with staff across North America, Europe and Asia. Business Analysts within the MarkitSERV Product Design team are deployed across various projects within the firm. They are expected to bring experience in the Business Analysis discipline in delivering against the project lifecycle. The department is a critical functional area as part of the technology delivery organisation, closely partnering with business orientated functions in delivering mission critical projects for the firm.

Position summary

MarkitSERV has a requirement for a Business Analyst to support the TradeServ platform within its Trade Processing business . TradeServ is a microservice based cloud application supporting FX and CDS Derivatives and connects to Clearing Houses and DTCC Infrastructure. The TradeServ program glues together multiple scrum teams delivering various aspects of the program.

MarkitSERV has an extensive roadmap of priorities critical to the success of the business. Although analysts are expected to work across asset classes, knowledge of OTC derivative trade life cycle is highly preferable. Additionally, familiarity with clearing concepts would be beneficial.

The role requires the candidate to have excellent written and verbal communication skills, strong organisational / coordination skills, and strong analysis skills. The successful candidate will be process oriented and have a good understanding of product development lifecycle. The candidate should be comfortable in a fast paced environment and be flexible to adapt to changes.

The candidate will work closely with other Business Analysts and Product Designers in the Trade Processing business to deliver project change. The candidate will be expected to work with teams in Singapore, Tokyo, New York and London.

Duties & accountabilities

  • Understanding of requirements elicitation, structured analysis, stakeholder management, user story definition and other Business Analysis techniques
  • Able to undertake structured analysis and express in the form of user stories documents
  • Able to work with Dev and QA to ensure implementation meets business r equirements
  • Experience working as a Product owner in an agile scrum team and a keen interest in new technology would be highly desirable
  • Experience of communicating UX requirements for Graphical User Interfaces through wire framing would be beneficial

  • Sanity and Component testing of new features during the development phase & review of Test
  • Able to conduct public presentation of concepts and ideas comfortably
  • Able to identify options for potential solutions, including assessment of technical and business suitability
  • Able to work collaboratively and consistently with team members at all levels, peers, senior analysts and managers and complex stakeholder group across geographical boundaries
  • Able to work creatively, propose ideas and contribute to working groups and team meetings

  • A basic understanding of financial derivatives terms and principals would be beneficial for the role and Credit Derivatives knowledge would be highly desirable
  • Understanding of XML Schemas, DTDs, XSL Transformation style sheets would be beneficial

Education and experience

Post graduate - Bachelor's or Master's Degree preferred

8 Plus years of relevant professional experience

Prior Financial Services IT experience would be essential.

Strong Analytical & Communication skills.

Good Knowledge of requirements elicitation, structured analysis, requirement documentation, stakeholder management, use case definition and other Business Analysis techniques

Exposure to SQL, DB, Object-oriented languages (general technology know-how), XML/ FpML would be desirable.

Familiarity with OTC derivatives, clearing and regulatory reporting of OTC transactions would be beneficial

Commercial awareness

Experience in the financial markets

An understanding of financial derivatives terms and principals is required for the role.

Company overview

IHS Markit harnesses deep sources of information, analytics and expertise to forge solutions for the industries and markets that drive global economies. Our company partners with clients in business, finance and government to provide the unrivalled insights and perspectives that lead to well-informed, confident decisions. We call this The New Intelligence.

IHS Markit serves more than 50,000 key customers in more than 140 countries, including 80 percent of the Fortune Global 500. We help decision makers apply higher-level thinking to daily tasks and strategic issues across a host of industries and disciplines including energy, finance, automotive, engineering, technology, maritime and trade, aerospace and defence, chemical, and economics and country risk.

Headquartered in London, IHS Markit (NASDAQ: INFO) is committed to sustainable, profitable growth.

Inclusion and diversity are critical to the success of IHS Markit, and we actively encourage applications from people of all backgrounds. We are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, status as a protected veteran, or any other protected category. For more information on the many ways in which we enthusiastically support inclusion and diversity efforts for both candidates and employees, please access our Inclusion & Diversity Statement here .

We are proud to provide reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with IHS Markit and need special assistance or an accommodation to use our website or to apply for a position, please contact or call +1 212 849 0399. Determination on requests for reasonable accommodation are considered on a case-by-case basis. This contact information (email and phone) is intended for application assistance and accommodation requests only. We are unable to accept resumes or provide information about application status through the phone number or email address above. Resumes are only accepted through the online application process, and only qualified candidates will receive consideration and follow-up.

IHS Markit maintains a substance-free workplace; employees may be asked to submit to a drug test (where permitted by law). In addition, as a federal contractor in the United States, the company participates in the E-Verify Program to confirm eligibility to work.

For information please click on the following links:

IHS Markit Business Code of Conduct
Right to Work
EEO is the Law
EEO is the Law Supplement
Pay Transparency

Current Colleagues

If you are currently employed by IHS Markit, please apply internally via the Workday internal careers site.