Business Analyst - Derivatives

Business Analyst – Middle Office Operations (Derivatives)

Location: London (2–3 days onsite per week)
Start Date: ASAP
Contract: Rolling contract-to-permanent, Inside IR35

Overview:
We are seeking an experienced Business Analyst to join a dynamic Middle Office Operations team with a strong focus on derivatives. This is a contract-to-permanent opportunity, offering exposure to critical post-trade processes, operational change initiatives, and systems enhancements in a fast-paced environment.

Key Responsibilities:

• Act as a Business Analyst supporting Middle Office operations for derivative products.

• Demonstrate a strong understanding of the derivatives lifecycle, including trade capture, confirmation, settlement, collateral, and reporting.

• Gather, document, and analyse business requirements in collaboration with stakeholders.

• Translate business requirements into functional specifications for technology teams.

• Support implementation, testing, and go-live activities.

• Identify and contribute to process improvements and operational efficiency initiatives.

Required Skills & Experience:

• Proven experience as a Business Analyst within Middle Office Operations.

• Strong knowledge of derivatives, particularly Interest Rate Swaps (IRS) and Credit Default Swaps (CDS).

• Solid understanding of post-trade and lifecycle events.

• Excellent communication and stakeholder management skills.

• Immediate or short-notice availability.

Desirable Experience:

• Experience working with Aladdin and/or Murex is highly desirable.

If you are a proactive Business Analyst with a strong derivatives background and thrive in high-impact operational roles, we’d love to hear from you.