Business Analyst - Settlement

Tata International has entered into a joint venture with Mercuria Energy Group, one of the world’s largest integrated energy and commodities groups, to expand its global trading businesses across multiple commodities, including energy, metals, agricultural products, oil and gas, and environmental products. This strategic partnership will combine Tata International’s trusted global footprint and operating legacy with Mercuria’s scale, advanced trading platforms, technology-led risk management, and deep commodity expertise. Together, the joint venture will deliver reliable, high-quality trading and supply chain solutions, creating greater value for customers and stakeholders worldwide, once it comes to existence.

Job Purpose:

We are seeking a Settlement Technical Business Analyst with strong experience in Indian financial markets to support our technology team on a strategic migration project in the context of a joint venture. This role acts as the key bridge between India-based settlement analysts, project management, development teams, and application support, ensuring robust requirements capture, seamless delivery, and a well-managed transition to BAU operations.

Key Responsibilities:

Requirements & Documentation

• Work closely with India-based settlement analysts and managers to elicit, analyze and document system requirements with precision and clarity. • Translate user requirements into clearly defined work items for the development team, ensuring accurate scope and maintained priority alignment. Migration Project Support

• Support a system-to-system migration project within a joint-venture context, contributing to planning, gap analysis and cutover activities. • Partner with the Project Manager to provide regular project updates, and to surface and track risks, challenges, and opportunities in a timely manner. Testing & Quality Assurance

• Support testing phases by authoring comprehensive test cases, coordinating test execution, and ensuring the availability and readiness of technical environments. • Track and manage defects, facilitate UAT sign-off, and ensure testing outcomes are clearly documented.

BAU Transition & Stakeholder Coordination

• Coordinate with application support teams to plan and execute a smooth transition from project delivery to Business-as-Usual operations. • Facilitate communication across geographically distributed teams, ensuring consistent understanding of project goals and timelines.

Backlog & Priority Management

• Manage and maintain the Jira backlog in collaboration with developers and the project manager, ensuring work items are well-defined, estimated, and appropriately prioritized. Proactively identify blockers, dependencies and delivery risks, escalating where necessary to keep the project on track.

Tech qualifications:

Bachelor’s degree in business, Finance, Information Technology, or a related field.

Proficient in Agile methodology and comfortable working at pace in a fast moving project environment.

Comfortable with change management and able to guide stakeholders through periods of transformation. • Good understanding of major Indian market payment and settlement mechanisms (e.g. RTGS, NEFT, NACH, SEBI / CCIL frameworks). • Excellent written and verbal communication skills; able to present clearly to both technical and business audiences; proficient in leveraging AI tools where relevant to improve productivity and output quality. • Proficiency in Jira and task management best practices, including backlog grooming, sprint planning, and reporting. • Strong analytical ability and structured approach to problem-solving and root cause analysis. • Understanding commodities markets (energy, metals, agricultural products) is a plus.

Preferred Experience:

• Prior experience in a settlement or post-trade operations context within financial services or commodity trading, ideally with exposure to Indian market infrastructure. • Experience in system migration or integration projects, with an understanding of data mapping, cutover strategies and parallel-run testing. • Familiarity with commodities markets (energy, metals, agricultural products) and associated settlement workflows.