Business Analyst

Business Analyst – Trade Processing

Location: UK (Hybrid Working)

Employment Type: Contract

A leading global financial institution is undergoing a major front‐to‐back re‐platforming of its Financial Markets technology stack. As part of this multi‐year transformation, we are seeking a highly experienced Principal Business Analyst with deep expertise in trade booking, trade processing, and the end‐to‐end lifecycle of financial products.

This is a senior, hands‐on role working across multiple asset classes and technology domains, delivering strategic platform capabilities that support global trading, operations, risk, and finance functions.

Key Responsibilities

Strategic & Delivery

  • Drive end‐to‐end delivery of features aligned to the organisation’s strategic front‐to‐back re‐platforming programme.
  • Propose and validate solution designs that support long‐term architecture and business goals.
  • Own the quality of business requirements, functional specifications, and supporting documentation.

Business Analysis & Design

  • Collaborate with Front Office, Middle Office, Operations, and Finance teams to understand business requirements across FX, Rates, Credit, and Commodities.
  • Produce high‐quality design artefacts including whitepapers, functional designs, and process models.
  • Work closely with architecture and engineering teams to translate business needs into technical specifications.
  • Participate in design workshops and drive consensus across multiple stakeholder groups.

Delivery Coordination

  • Partner with horizontal engineering squads to ensure features are understood, designed, and delivered across multiple systems.
  • Track progress across vertical and horizontal streams, ensuring dependencies, risks, and issues are clearly managed.
  • Support development and QA teams by clarifying requirements, reviewing test cases, and validating functional outcomes.
  • Assist business teams during UAT planning, preparation, and execution.

Governance & Stakeholder Management

  • Communicate effectively with senior stakeholders, delivery leads, and project managers.
  • Maintain RAID items and ensure timely escalation and mitigation of issues.
  • Contribute to programme governance forums and agile ceremonies as required.

Experience & Skills Required

  • 10+ years of end‐to‐end project delivery experience in a Business Analyst role within Financial Markets.
  • Strong product and trade lifecycle knowledge across multiple asset classes, with particular depth in trade booking and trade processing.
  • Excellent understanding of FO to BO workflows, including Pricing, Trade Capture, Middle Office, Operations, and Finance.
  • Ability to write clear, concise, and high‐quality documentation (UML/BPMN a plus).
  • Solid understanding of technology concepts including logical/physical data models, APIs, integration patterns, and event‐driven architectures.
  • Familiarity with industry standards such as ISDA FpML and CDM.
  • Experience working in agile delivery environments, partnering closely with developers and testers.
  • Strong communication, stakeholder management, and problem‐solving skills.
  • Ability to operate independently, manage ambiguity, and drive cross‐functional alignment.

Job Details

Company
Caspian One
Location
London Area, United Kingdom
Hybrid / Remote Options
Posted