Website Luxoft

Engineering for an AI-powered world

Location: Gurugram, Haryana, India
Work Mode: On-site
Employment Type: Full-time
Experience Required: 4+ Years
Industry: Financial Services, Capital Markets, Regulatory Technology

About Luxoft

Luxoft is a global digital strategy and software engineering company, trusted by leading financial institutions worldwide to deliver complex, mission-critical technology solutions. Luxoft partners with top-tier banks and financial organisations to build scalable, compliant, and future-ready platforms across capital markets, risk, compliance, and regulatory reporting.

For this role, Luxoft has been engaged by a large Australian financial institution as part of a multi-year regulatory transformation program. The objective is to enhance and expand an existing Financial Markets Regulatory Reporting platform to support evolving global regulations such as MiFID II, G20, Dodd-Frank, ASIC, and EMIR, with a strong focus on derivatives reporting across FX, FXD, IRD, and Fixed Income products.

About the Role

Luxoft is hiring a Senior Business Analyst – Regulatory Reporting to join its on-site delivery team in Gurugram. This is a high-impact role suited for professionals with strong MiFID / G20 regulatory expertise, deep exposure to financial markets and derivative products, and hands-on experience working on regulatory technology platforms.

You will act as a Subject Matter Expert (SME), working closely with developers, testers, compliance teams, and senior stakeholders. In addition to hands-on analysis work, you will also lead a small, multi-location team, contributing to solution design, delivery, and regulatory interpretation.

This role is ideal for candidates who enjoy bridging business, regulation, and technology in a fast-paced, global financial environment.

Key Responsibilities

  • Gather, analyse, and document regulatory and business requirements from internal stakeholders, compliance teams, and regulatory guidelines.

  • Interpret complex regulations, such as MiFID II and G20, and translate them into clear, functional, and technical specifications.

  • Support the design, development, and implementation of regulatory reporting solutions for financial market transactions.

  • Conduct impact assessments for new or amended regulations and identify system, data, and reporting changes.

  • Collaborate closely with Compliance, Risk, Operations, and Technology teams to ensure accurate, complete, and timely regulatory submissions.

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

  • Participate in testing activities, including test case creation, execution, validation, and defect resolution.

  • Act as a bridge between functional and technical teams, clarifying requirements and resolving queries during development cycles.

  • Provide regular project status updates, risk assessments, and progress reports to senior stakeholders and program leadership.

Required Qualifications & Experience

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

  • Mandatory experience with MiFID II or G20 regulations (strong preference for candidates with exposure to both).

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

  • Strong understanding of financial markets and derivative products, including:

    • Interest Rate Swaps (IRS)

    • Bonds

    • FX Cash

    • FX Options

  • Proven experience working across both functional and technical teams in large-scale financial systems.

  • Solid working knowledge of SQL for data validation, reconciliation, and analysis.

  • Excellent documentation skills, including user stories, BRDs, FRDs, and functional/technical specifications.

Preferred Skills

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

  • Experience with Agile delivery methodologies and tools like JIRA and Confluence.

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

  • Understanding of regulatory data models, reporting architectures, or BI/reporting tools.

Additional Job Requirements

  • Ability to commute daily to the Gurugram office (on-site role).

  • Immediate joiners preferred.

  • Strong communication and stakeholder management skills in a global delivery environment.

Why Join Luxoft?

  • Work on global regulatory initiatives impacting major financial markets.

  • Gain exposure to complex derivatives reporting and evolving regulatory standards.

  • Be part of a long-term, multi-year transformation program with strong career growth potential.

  • Collaborate with international teams and senior stakeholders across regions.

  • Strengthen your expertise in MiFID II, G20, and regulatory technology platforms.

Apply Now

If you are a Senior Business Analyst with strong MiFID / G20 expertise looking for a challenging on-site role in Gurugram, this opportunity at Luxoft is ideal for advancing your career in financial markets regulatory reporting.

👉 Apply today and take the next step in your regulatory technology career.

To apply for this job email your details to hr@digitalsolutiontech.in