Business Analyst - Clearing House

Location: London (Hybrid - 3 days in office)Duration: Initial 6 months Rate: £800-£850 via Umbrella About the Role Join a leading global clearing house as a Senior Risk Business Analyst and play a key role in delivering risk-related change initiatives for one of the most critical clearing platforms in the financial markets. This is an exciting opportunity to work on projects that support the resilience and scalability of a systemically important service used by major financial institutions worldwide.What You'll Do

• Collaborate with Product Owners and Scrum teams to deliver risk projects in an Agile environment.
• Gather and document business requirements, write user stories, and define acceptance criteria.
• Perform risk analysis and validate solutions against the Interest Rate Derivatives Risk framework.
• Support functional and technical testing, including risk validation and automation improvements.
• Engage with stakeholders across Risk, Technology, and Operations to ensure alignment and governance.

What We're Looking For

• Strong understanding of interest rate derivatives (swaps, FRAs) and risk management principles.
• Experience with risk calculations, sensitivities, and valuation techniques.
• Hands-on skills in data analysis, SQL, and advanced Excel.
• Excellent communication and stakeholder engagement skills.
• Familiarity with Murex or similar systems is desirable.
• Knowledge of other asset classes (FX, credit, commodities) and Python/VBA is a plus.

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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