Back to all Data Engineering jobs
Industry not specified
Business Analyst - Murex
at Millennium
Mid LevelNo visa sponsorshipData Engineering
Posted 18 hours ago
No clicks
- Compensation
- Not specified GBP
- City
- Not specified
- Country
- United Kingdom
Currency: £ (GBP)
We are seeking a Business Analyst to lead the business and functional analysis for a new autocallable / structured products front-to-back platform in London. You will collaborate with Front Office, Middle Office, Back Office, Risk and Technology to define requirements and designs across booking, market data, risk/P&L and reporting systems. The role requires strong knowledge of Fixed Income and Equity-linked structured products and their lifecycle events, as well as experience with end-to-end transaction processing including booking, valuation, P&L and reporting. Principal responsibilities include leading requirements gathering, documenting end-to-end processes, producing functional specs and coordinating UAT and sign-offs.
Business Analyst - Murex
Qualifications/Skills Required:
We are looking for a Senior Business Analyst to lead the business and functional analysis for a new autocallable / structured products front‑to‑back platform in London. You will work closely with Front Office, Middle Office, Back Office, Risk and Technology to define requirements and designs across internal front office, booking, market data, risk/P&L and reporting systems. To be successful you must have a strong understanding of Fixed Income and Equity‑linked structured products and be familiar with the full lifecycle of these products (including fixings, coupons, barrier events, autocalls and maturities) as well as all aspects of transaction processing: booking, lifecycle, valuation, P&L and reporting.
Principal Responsibilities:
Principal Responsibilities:
- Lead requirements gathering and analysis for autocallable / structured product booking and lifecycle across internal front office and trade booking systems (trade capture, events, P&L, reporting).
- Define and document front‑to‑back business processes (FO → MO → BO → Risk), including trade entry, security/underlying setup, lifecycle events (fixings, coupons, barriers, autocalls, maturities), EOD valuation and reconciliations.
- Produce functional specifications and interface definitions for integrations between internal booking, security/reference data, risk/P&L and reporting systems, and associated data feeds.
- Work with architects and developers to design data models and flows for trades, cashflows, positions, P&L and reference data, ensuring consistency across internal systems.
- Coordinate and execute UAT and end‑to‑end test cycles (including lifecycle scenarios and EOD runs), define test cases, manage defects, and obtain user sign‑offs from FO, MO, BO and Risk.
- Support operational reporting design for Middle Office using data from internal risk/P&L and reporting platforms (positions, lifecycle events, exceptions).
- Act as the primary business point of contact for the autocallable programme, ensuring alignment with stakeholders and clear communication of scope, risks and timelines.
Qualifications/Skills Required:
- At least 5 years of experience as a Business Analyst in the Financial industry, preferably in Investment Banking or Asset Management.
- Strong knowledge of Fixed Income and Equity‑linked structured products, with hands‑on experience of their lifecycle events (fixings, coupons, barrier observations, autocalls, step‑downs, maturities) and their impact on positions, cashflows and P&L.
- Proven experience working with front‑to‑back architectures involving multiple internal trading, risk, P&L and reporting systems.
- Solid understanding of trade processing: trade entry, lifecycle management, valuation/pricing, settlement, clearing and reporting.
- Experience specifying and testing interfaces and data feeds (message‑based architectures, Kafka or similar), including trade, cashflow, position/P&L and reference data flows.
- Strong experience producing high‑quality BA artefacts: business requirements, functional specifications, data flow diagrams, use cases, test plans and test cases.
- Demonstrated ability to run UAT / E2E tests, including detailed lifecycle scenarios for structured products; able to write test cases, manage defects, and work closely with developers and vendors to resolve issues.
- Excellent stakeholder management and communication skills, with the ability to face off to Front Office, Middle Office, Back Office, Risk and external vendors.
- Strong analytical and problem‑solving skills, able to understand complex products and systems and translate them into clear requirements and designs.
- Ideally, experience with Murex or an equivalent front‑to‑back trading / risk / booking platform; familiarity with market data platforms, valuation engines, and enterprise reporting platforms is an advantage.
