Product Analysis and Design Specialist

IHS Markit (Gurgaon, HR, India) 14 days ago

Department Overview:

MarkitSERV is the Trade Processing division of IHS Markit. MarkitSERV is a truly global business with staff across North America, Europe and Asia. Individuals with the MarkitSERV Business Analysis team are deployed across various projects in the firm, and 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 organization, closely partnering with business orientated functions in delivering mission critical projects for the firm.

MarkitSERV provides a single gateway for OTC derivatives trade processing. By integrating trade confirmation, reporting, routing to clearing, allocation delivery and trade 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 swap execution facilities.

Position Summary:

We are seeking a functional analyst to join our global business analysis team working on the Trade Manager platform. Trade Manager is a web-based application providing trade confirmation services for both electronically ineligible and eligible derivative trades to institutional buy side firms. The successful candidate will be process oriented and have a thorough understanding of product development lifecycle. Prior experience in system migration and workflow analysis will be extremely beneficial. Passion to learn new concepts/ideas will be a crucial.

The candidate will work independently or with other business analysts to deliver project changes.  He/she will be required to interact closely with product managers, developers and testers in NY, London and Gurgaon to ensure successful delivery of key changes.

Duties and accountabilities:

  • Requirement gathering and Specification writing.  Change requests are received from both internal and external sources, impact analysis and design must be factored into the process.
  • Integration of new products and processes into the Trade Manager platform
  • Utilize analytical tools to develop workflow and process flow diagrams
  • Assist testing teams with system and user acceptance testing
  • Act as a platform SME for client queries support teams.  Expedite issues and resolve bugs
  • Assist identifying options for potential solutions, including assessment of technical and business suitability
  • Facilitate implementation of new functionality through training sessions, demos, and the development of appropriate documentation (e.g. XML mapping specifications, user implementation guides, etc.)

Education and experience:

  • Bachelor’s degree in Technology, MIS, Finance
  • Have at least four years of experience as a proven business analyst in a financial service, banking or technology domain
  • Strong working knowledge of requirements elicitation, structured analysis, stakeholder management, use case definition and other Business Analysis techniques
  • Thorough understanding of the software development life cycle
  • Understanding of XML and use of XML validation tools such as XMLSpy/Oxygen

Bonus point(s):

  • FpML knowledge
  • Experience with one or more of rates, equity, credit or FX derivatives
  • Familiarity with MarkitWire or DSMatch/DeriveSERV platform
  • Experience with a buy side or sell side firm or as a vendor for one of these firms
  • Awareness of or involvement in regulatory projects (MIFID, EMIR, SFTR, etc.)

Commercial awareness

  • Experience in the financial markets
  • An understanding of financial derivatives terms and principals is required for the role

Management requirements

  • Able to work competently on his/her own or within a team, taking a project through complete lifecycle

Personal Competencies

            Personal Impact

  • Strong problem solving / analytical / critical thinking skills
  • Not averse to technically hands-on tasks (XML)
  • Attention to detail
  • Highly focused on the ‘big picture’ in terms of continuous improvement


  • Excellent written and oral communication skills
  • Good interpersonal skills and ability to manage stakeholder relationships


  • Ability to work with a complex stakeholder group across geographical boundaries
  • Ability to work creatively, propose ideas and contribute to working groups


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 .

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   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:


Current Colleagues

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

Product Analysis and Design Specialist

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