Business Analyst

Nomura Overview:

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

Wholesale Data Services and Operations Technology support two major functions within Nomura –

• It provides foundational architectural solutions for market and reference data that powers Nomura’s business. This team is an integral part of Nomura that is responsible for developing and maintaining systems that manage acquisition and distribution of data for the entire organization including front office, middle office, back office, risk, finance and various AI based analytics systems.

• It is responsible for supporting trade settlement and transaction processing technology platform. This team provides day-to-day support for the middle office, operations and regulatory users, and manages vendor and in-house applications. WO IT also owns the applications that provide trade settlement data services to other technology teams from Operations, Finance, Risk, Regulatory and Compliance.

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.

• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.

• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Role & Responsibilities:

Requirements Analysis & Documentation - Gather, analyse, and document business requirements through stakeholder engagement, creating detailed functional specifications, user stories, use cases, and maintaining requirements traceability matrices.

Stakeholder Engagement & Communication - Act as liaison between business users, traders, and technical teams to facilitate requirement clarification, conduct stakeholder meetings, and ensure business priorities are effectively translated to development teams.

Data Analysis & Reporting - Analyse trading data and business metrics using SQL and visualization tools to identify trends, create reports and dashboards, perform data validation, and provide insights for business decision-making.

Testing & Quality Assurance - Develop test plans and test cases, coordinate user acceptance testing (UAT), document and track defects, and validate system functionality against business rules and regulatory requirements before production releases.

Process Improvement & Business Innovation - Identify process optimization opportunities, evaluate new tools for business value, participate in proof-of-concepts, recommend system enhancements, and stay current with financial technology trends and industry best practices.

Trading Domain Expertise & Regulatory Knowledge - Develop understanding of financial instruments, trading lifecycles, market operations, regulatory requirements (MiFID II, Dodd-Frank), ensure compliance, and provide business context for technical feasibility assessments.

Mandatory Skill Set :

• Solid understanding of SQL and relational databases.

• Proficiency in requirements management tools (JIRA, Confluence, Azure DevOps

• Understanding of financial markets, trading instruments, and order lifecycles

• Knowledge of regulatory frameworks (MiFID II, Dodd-Frank, Basel III)

• Familiarity with trade lifecycle (pre-trade, execution, post-trade, settlement)

• Strong analytical and problem-solving skills with attention to detail

• Ability to translate business requirements into functional specifications

• Experience creating test scenarios and conducting UAT

Desired Skill Set :

• Good to have understanding of trading systems architecture

• Good to have knowledge of Agile/Scrum methodologies and tools.

• Good to have familiarity with testing tools

• Good to have experience in specific asset classes (equities, FX, fixed income, derivatives).

• Good to have knowledge of risk management and compliance processes.

• Good to have statistical analysis skills.

• Good to have experience with process optimization methodologies.

• Good to have ability to perform gap analysis and impact assessments

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).