Business Analyst – Corporate Actions

Job Description

Role Overview
We are seeking an experienced Business Analyst – Corporate Actions to join our growing team in Chennai. The ideal candidate will have strong expertise in corporate actions, securities operations, reference data management, and financial messaging standards. This role involves working closely with Product, Technology, Operations, and Business stakeholders to analyze corporate action events, define business requirements, improve data quality, and support the implementation of efficient processing solutions.
Key Responsibilities
•Analyze corporate actions and other securities lifecycle events, including cash and equity events, mandatory and voluntary actions.
•Interpret and process financial messages based on ISO 15022, ISO 20022, and proprietary formats.
•Translate business, operational, and regulatory requirements into detailed functional and non-functional specifications.
•Gather, document, and validate business requirements and define clear acceptance criteria.
•Design and maintain data mapping rules for corporate action processing and reference data management.
•Develop and enhance validation, reconciliation, and exception-handling processes to ensure data accuracy and completeness.
•Maintain interface specifications, version control documentation, and support system enhancements.
•Perform impact analysis for system changes and support data backfill activities when required.
•Participate in Functional Testing, System Integration Testing (SIT), Regression Testing, and User Acceptance Testing (UAT).

•Execute SQL-based data validation and support audit and compliance requirements.
•Collaborate with Product Management, Technology, Architecture, and Operations teams to deliver business solutions.
•Contribute to Agile/SAFe ceremonies, sprint planning, backlog refinement, and stakeholder reviews.
•Monitor and improve key data quality metrics, including timeliness, completeness, accuracy, and defect rates.
Required Skills & Qualifications
•Bachelor’s degree in Finance, Commerce, Business Administration, Information Technology, or a related field.
•Minimum 6+ years of experience as a Business Analyst, Securities Operations Analyst, or Corporate Actions Specialist.
•Strong understanding of corporate actions and securities lifecycle events, including:
oDividends
oStock Splits
oMergers & Acquisitions
oRights Issues
oTender Offers
oBonus Issues
oElections and Entitlements
•Hands-on experience with ISO 15022 and ISO 20022 messaging standards.
•Knowledge of securities identifiers such as ISIN, CUSIP, LEI, and MIC.
•Experience in requirements gathering, business process analysis, and documentation.
•Strong knowledge of data mapping, validation, reconciliation, and exception management processes.
•Proficiency in SQL for data analysis and validation.
•Experience working in Agile or SAFe delivery environments.
•Familiarity with GitLab, version control, and change management processes is preferred.
•Strong analytical, problem-solving, and stakeholder management skills.
•Excellent verbal and written communication skills.
•Ability to work effectively in a global and cross-functional environment.

Preferred Qualifications
•Experience in financial market data, securities processing, or capital markets operations.
•Exposure to AI-assisted business analysis or automation initiatives.
•Knowledge of reference data management and regulatory reporting processes.
•Understanding of financial services industry standards and best practices.