Business Analyst - Interest Rate Derivatives

Company Overview :INYPEOPLE TECHNOLOGY PRIVATE LIMITED is a specialized technology services firm focused on delivering high-end software solutions for the global financial services sector. The company operates at the intersection of complex financial engineering and scalable technology, providing robust platforms for capital markets, risk management, and trading operations. With a strong presence in major financial technology hubs, the firm supports institutional clients by building mission-critical systems that handle high-volume transaction processing and intricate derivative modeling.Role Overview :As a Business Analyst specializing in Interest Rate Derivatives (IRD), you will serve as the critical bridge between complex financial requirements and technical execution. You will work closely with quantitative researchers, software engineering teams, and senior stakeholders to translate intricate derivative pricing models and risk frameworks into functional software specifications. Your daily efforts will directly influence the precision and performance of trading platforms, ensuring that the technology stack remains aligned with evolving market regulations and internal risk management strategies.Key Responsibilities :- Experience in analyzing and documenting requirements for derivatives trading platforms and risk management systems.- Client centric and analytical mindset in solution analysis and requirements definition.- Must be a team player who works well with technical and non-technical resources.- Startup mindset (comfortable with quick pace, quick change, ambiguities).- Strong organizational skills; A can do attitude, with an ability to problem-solve.- Good oral and written communication skills and the ability to clearly articulate to all project members and stakeholders.- Must be able to see tasks through to completion without significant guidance; A good understanding of innovative technologies and current technology trends.- Passion for driving toward an exceptional client experience (internal and external).Required Skillset :- You will be responsible for supporting the product development life cycle by gathering and documenting business requirements, conducting analysis, and working with the product leadership to translate business needs into detailed functional specifications.- Work collaboratively with squads/teams across engineering, operations, sales, legal, compliance, risk and strategic vendors to deliver high-quality analysis, documentation, and requirements on time to support product delivery.- Acts as a liaison between customers and technical teams, gathering and analyzing customer requirements and translating them into detailed specifications for product and workflow design.- Support interest rate derivatives and FX product development initiatives by analyzing requirements, documenting user stories, facilitating backlog refinement sessions, and ensuring requirements are clear and testable.- Support UAT and production release.- Contribute to the Go-to-Market readiness for product roll outs, such as providing training and support to teams in Operations, Client Services, Sales and other functional areas.- Evaluating processes and resources to identify potential limitations in product.- Analyzing design proposals and providing recommendations to maximize client adoption and product quality.- Performing comprehensive, in-depth research on interest rate derivatives, FX, and rates markets, including market structure, pricing models, and competitive landscape. (ref:hirist.tech)