Business Analyst

Story Behind the Need:

• The team requires a backfill BAU SME.
• Business group: FX- Derivative team has a number of ongoing projects at the bank regarding process updates and implementation.
• We are seeking an experienced transformation professional to support and lead strategic change initiatives impacting Equity, Interest Rate, FX Derivatives, and Money Market products across Global Wholesale Operations. The successful candidate will leverage deep Capital Markets Operations knowledge and proven project delivery expertise to drive governance, execution, risk management, and stakeholder alignment. Working across Technology, Operations, Front Office, and support functions, the contractor will support initiatives that enhance operational efficiency, strengthen controls, and advance key priorities within the Derivatives and FX Services operating model.

Candidate Value Proposition:

• Opportunity to work on enterprise initiatives on a global scale
• Learning opportunities within a dynamic, cross-functional team
• Hybrid work from home/in office arrangement

Typical Day in Role:

• Drive the Derivatives & FX Services strategy through strong delivery governance and control execution.
• Lead complex business and operational change initiatives from scoping through implementation.
• Manage project portfolios, including plans, dependencies, risks, budgets, and stakeholder alignment.
• Deliver operational improvements that increase efficiency, effectiveness, and control outcomes.
• Ensure business and operational readiness through communications, training, process updates, and transition planning.
• Strengthen operational resilience by identifying, escalating, and remediating control gaps and risk issues.
• Apply effective risk management and regulatory compliance practices in day-to-day decision-making.

Candidate Requirements/Must Have Skills:

• 8 years of experience as a Business Systems Analyst
• Strong Capital Markets product, operational, and market infrastructure knowledge.
• Knowledge of derivatives, FX, money market, and transaction lifecycle processes.
• Ability to build effective partnerships across Front Office, Operations, Technology, and Risk.
• Strong focus on risk management, controls, regulatory compliance, and data quality.

Nice-To-Have Skills:

• Data analytics and data mining
• Hands-on experience with Copilot or similar AI tools

Soft Skills Required:

• Excellent communication and interpersonal skills, with the ability to engage effectively with technical and non-technical stakeholders.
• Strong analytical, problem-solving, and process improvement capabilities.
• Ability to use data and root cause analysis to identify and resolve operational issues.
• Ability to work independently and collaboratively in a fast-paced environment.
• Strong execution skills with a focus on accuracy, timeliness, and delivery outcomes.

Best vs. Average Candidate:

• The ideal candidate will have strong experience in derivatives, foreign exchange, or money markets. Experience in process optimization across trade confirmations, settlements, or trade reconciliations. Understands control requirements for building process optimizations in the previously mentioned products and processes.
• Ability to work independently and escalate concerns without delay.
• Note: The manager does not want to see resumes with the following experience:
• Exchange-traded derivatives or futures, cash reconciliations, or securities; no repo

Interview Process:

• 1 round -Hiring manager – Senior manager – Online – 30- 45 mins – Overview of role, product questions, including the ones flagged in the best vs average candidate section.

Please note:

• AI is not used to screen, assess, or select candidates.
• This role reflects an existing vacancy at the time of posting.