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.