Nagarro
Business Data Analyst - Capital Markets

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Location: London / Hybrid
Nagarro is looking for Business Data Analysts to join our growing Financial Services practice, supporting major banking and Capital Markets transformation programmes.
This role sits at the intersection of business, data and technology. You'll work closely with stakeholders to understand business processes, assess data requirements, identify gaps and help shape solutions that support regulatory, operational and strategic change initiatives.
While one of the programmes relates to Trade Surveillance, we're looking for well-rounded Business Analysts who can contribute across a variety of data-focused transformation projects.
What you'll be doing
- Working with business and technology stakeholders to understand current-state processes and challenges
- Facilitating workshops and gathering business requirements
- Producing high-quality documentation including BRDs, user stories and process flows
- Conducting gap analysis and impact assessments
- Analysing data flows, data dependencies and business rules
- Supporting data mapping and source-to-target analysis activities
- Helping define future-state operating models and requirements
- Working closely with architecture, data and delivery teams to support successful outcomes
- Supporting regulatory, governance and transformation initiatives across Capital Markets and Financial Services
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What we're looking for
- Proven Business Analysis experience within Financial Services, ideally Capital Markets
- Strong requirements gathering and stakeholder management skills
- Experience producing BRDs, functional requirements and process documentation
- Experience conducting gap analysis and current-state vs future-state assessments
- Understanding of data flows, data lineage, data mapping or data governance concepts
- Strong analytical and problem-solving skills
- Ability to communicate effectively with both business and technical stakeholders
Experience supporting programmes related to:
- Regulatory Reporting
- Trade Reporting
- MiFID II
- EMIR
- Basel
- BCBS239
- Risk, Finance or Compliance transformation
- Capital Markets data initiatives
- Data governance and data quality programmes


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Personal profile
We're looking for people who are naturally collaborative, curious and comfortable asking questions. Successful candidates will enjoy bringing structure to complex problems, building strong stakeholder relationships and helping teams make informed decisions.
You don't need to tick every box to be considered. If you have a strong Business Analysis background within Financial Services and enjoy working with data, we'd love to hear from you.
Why Nagarro?
- Opportunity to work on high-profile banking and Capital Markets programmes
- Exposure to a variety of data, regulatory and transformation initiatives
- Collaborative and supportive culture
- Strong career development opportunities
- Flexible and hybrid working environment
If you're a Business Analyst who enjoys combining business analysis, stakeholder engagement and data-focused problem solving, we'd love to speak with you.
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