Business Analyst

Business Analyst – Electronic Trading (Rates)

London / Hybrid – Long-Term Contract

We are partnering with a leading global investment bank to hire an experienced Business Analyst to support the expansion of their electronic trading platform for Rates products. This is a long‐term programme within a high-performing technology and trading environment.

The role sits within the global eTrading technology team responsible for delivering pricing, quoting, execution, and automation capabilities across Rates products, including Government Bonds, Swaps, Repos, Futures and Inflation products.

Role Overview

You will act as a Business Analyst + Delivery Lead, working closely with traders, quantitative specialists, developers, and support teams to deliver enhancements and new features across the firm’s electronic trading ecosystem.

You’ll gather requirements, write functional specifications, manage delivery, run UAT, and ensure smooth rollout of changes across global regions.

This role is ideal for someone with strong fixed income knowledge who thrives in a fast‐paced, low‐latency electronic trading environment.

Key Responsibilities

• Translate business requirements into clear, actionable specifications for development teams.
• Coordinate with developers and testers to ensure timely and accurate delivery of new features.
• Create test plans, manage UAT, and conduct functional and regression testing.
• Document new functionalities and provide training/support to front-office users.
• Collaborate with traders, sales, quants and IT teams to troubleshoot issues (latency, performance, workflow errors).
• Monitor platform usage and performance, proactively suggesting improvements.
• Support the wider transformation toward greater electronic trading and automation within Rates.
• Take end‐to‐end ownership of allocated workstreams, ensuring transparency, communication, and on‐time delivery.

Required Skills & Experience

• Strong knowledge of fixed income products and trading workflows:
• Government Bonds, Interest Rate Swaps, Repos, Futures, Options.
• Experience working in electronic trading, ideally within Rates.
• Professional experience as a Business Analyst, Product Analyst, PM, or Application Support within a financial institution or trading technology vendor.
• Excellent communication skills with the ability to work with traders, quants, and technologists.
• Highly organised with strong analytical problem‐solving skills.
• Comfortable working autonomously, managing your own deliverables.
• Proactive, delivery‐focused mindset with high attention to detail.

Desirable Skills

• Understanding of electronic markets such as Bloomberg, Tradeweb, MTS, BrokerTec, Eurex, CME, etc.
• Exposure to Java/C#/scripting — ability to understand system behaviour or logs is a plus.
• Interest in low‐latency architecture, automated market making, and eTrading strategy.