Website Luxoft

Engineering for an AI-powered world

Location: Gurugram, Haryana, India
Employment Type: Full-time | On-site
Experience: 4+ Years
Industry: Financial Markets | Regulatory Technology | FinTech

About the Opportunity

Luxoft is seeking a highly skilled Senior Business Analyst – Regulatory Reporting to support a strategic, multi-year regulatory transformation program for a major Australian financial institution. This role is based in Gurugram, Haryana, and requires strong domain expertise in MiFID II and G20 regulatory frameworks, deep financial markets knowledge, and hands-on experience translating regulatory requirements into actionable technical solutions.

As regulatory regimes evolve globally, financial institutions demand expert professionals who can confidently interpret regulations such as MiFID II, G20, Dodd-Frank, EMIR, and ASIC and drive the delivery of robust, scalable reporting systems. In this role, you will be a key subject matter expert working across business, compliance, risk, and technology teams to deliver high-quality regulatory reporting and system enhancements.

Role Overview

As a Senior Business Analyst at Luxoft, you will:

  • Lead the collection, analysis, and documentation of regulatory and business requirements from stakeholders and regulators.

  • Translate complex regulatory requirements (MiFID II, G20) into detailed functional and technical specifications for development teams.

  • Support the design, development, and implementation of regulatory reporting solutions impacting derivatives and financial instruments.

  • Conduct impact assessments for new or amended regulations and advise on required system and data changes.

  • Collaborate closely with compliance, risk, operations, and technology teams to ensure accurate, compliant, and timely reporting.

  • Perform data analysis using SQL or equivalent tools to validate trade records, reporting logic, and regulatory outputs.

  • Act as a liaison between functional business teams and technical developers to clarify requirements and resolve implementation issues.

  • Support testing activities, including test case development, execution, and defect validation.

  • Provide regular project updates and status reports to senior stakeholders and deliver clear, concise communication across distributed teams.

This role also includes mentoring and working with a growing multi-location team to deliver on key regulatory initiatives.

What You Will Do

Key Responsibilities

  • 📌 Regulatory Interpretation: Translate regulatory rules (MiFID II, G20 reporting) into actionable business requirements.

  • 📌 Documentation & Specifications: Produce detailed BRDs, FRDs, functional specifications, and user stories.

  • 📌 Data Validation: Use SQL for data analysis, reconciliation, and validation of reporting outputs.

  • 📌 Cross-Functional Collaboration: Work with compliance, risk, operations, and technology partners to support delivery.

  • 📌 Testing & Quality Assurance: Participate in test planning, execution, regression testing, and defect resolution.

  • 📌 Impact Analysis: Assess and interpret regulatory changes for system impacts.

Required Skills & Experience

The ideal candidate will have:

  • 4+ years of hands-on experience as a Business Analyst in financial markets, regulatory reporting, or regulatory technology.

  • Mandatory knowledge of MiFID II or G20 regulations, with a strong preference for experience in both.

  • 2+ years of direct experience working with MiFID regulations.

  • Strong understanding of the end-to-end trade lifecycle and financial instruments, including:
    • Interest Rate Swaps (IRS)
    • Bonds
    • FX Cash
    • FX Options

  • Demonstrated ability to work with both functional and technical teams on regulatory technology projects.

  • Proficiency in SQL for complex data queries, analysis, reconciliation, and reporting validation.

  • Excellent documentation skills—capable of writing clear, structured user stories and technical specifications.

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

Preferred Skills

Candidates with any of the following will be highly valued:

  • Exposure to additional regulatory frameworks such as EMIR, Dodd-Frank, SFTR, or MAS.

  • Experience working in Agile environments and using tools such as JIRA and Confluence.

  • Prior involvement in large-scale regulatory transformation programs or reporting platform migrations.

  • Familiarity with data models, reporting architectures, and BI tools used in regulatory reporting implementations.

Why Join Luxoft?

At Luxoft, you will be part of a collaborative global team delivering mission-critical systems for major financial institutions. You will:

  • Work on complex, high-visibility regulatory reporting initiatives.

  • Expand your expertise in global regulatory frameworks and reporting solutions.

  • Collaborate with cross-functional teams across compliance, risk, operations, and engineering.

  • Build domain leadership within regulatory technology and financial markets.

  • Grow your career in a structured, dynamic, and learning-focused environment.

Job Requirements

  • On-site presence in Gurugram, Haryana, is mandatory.

  • Immediate availability to join is preferred.

  • Ability to commute to the workplace daily.

How to Apply

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