Derivatives Business Analyst
Derivatives Business Analyst

Derivatives Business Analyst

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse business requirements and collaborate with developers to deliver solutions for a trading desk.
  • Company: Join TEKsystems, part of the Allegis Group, a respected player in IT and staffing solutions.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration in London.
  • Why this job: Be part of a small, impactful team that drives revenue and innovation in the trading sector.
  • Qualifications: Proficiency in Python and SQL, with experience in agile project delivery and front-office trading environments.
  • Other info: Ideal for self-starters who thrive under pressure and are eager to make a difference.

The predicted salary is between 36000 - 60000 £ per year.

Description

This role is responsible for analysis of business requirements and working with developers to test and release solutions. You will be part of a small, respected IT team that provides analytic tooling to a derivatives trading desk.

The role requires someone to work with derivatives traders and IT to:

•Define requirements, propose solutions, broker decisions and achieve consensus.

• Work with developers to deliver those requirements and support UAT

• Assist in providing third-line support to traders.

• Work closely with front office to ensure use of IT is delivering revenue, and to manage stakeholder expectations.

• Identify improvements and recommend solutions to stakeholders.

Hard skills

• Good understanding of Python (or other language) and SQL

• Ability to work with large and complex data sets

• Comfortable with interfacing with mathematical models

• Some skills in use of an ETRM and an understanding of the trade lifecycle would be highly regarded.

Soft skills

• Self-starter/able to work with limited guidance

• Team-player with ability to achieve results through shared initiatives

• Able to understand complex business issues and specify IT solutions

• Demonstrable experience of coordinating and delivering complex projects/initiatives within agile delivery.

• Able to meet tight deadlines and negotiate in a pressurised environment

• Strong facilitation and influencing skills

• Excellent communication skills written, verbal and presentation

• Able to cope with rapid business growth and a pressurised environment

• Motivated, tenacious and pro-active in achieving results

• Diligent and dependable with strong integrity

• Demonstrable technical business analysis experience

• Experience in front-office trading environments, particularly commodities like energy or gas.

• Some exposure to derivatives products especially options is highly regarded.

• Working to Agile Delivery methodology.

Skills

  • Front Office Acumen
  • Cross-Commodity Understanding
  • option derivatives
  • sql
  • python
  • Job Title: Derivatives Business Analyst

    Location: London, UK

    Job Type: Contract

    Trading as TEKsystems. Allegis Group Limited, Maxis 2, Western Road, Bracknell, RG12 1RT, United Kingdom. No. . Allegis Group Limited operates as an Employment Business and Employment Agency as set out in the Conduct of Employment Agencies and Employment Businesses Regulations 2003. TEKsystems is a company within the Allegis Group network of companies (collectively referred to as \”Allegis Group\”). Aerotek, Aston Carter, EASi, Talentis Solutions, TEKsystems, Stamford Consultants and The Stamford Group are Allegis Group brands.

    Derivatives Business Analyst employer: TEKsystems

    At TEKsystems, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. As a Derivatives Business Analyst in London, you will be part of a dynamic IT team dedicated to delivering impactful solutions for a derivatives trading desk, with ample opportunities for professional growth and development. Our commitment to employee success is reflected in our supportive environment, competitive benefits, and the chance to work at the heart of a fast-paced financial hub.
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    Contact Detail:

    TEKsystems Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Derivatives Business Analyst

    Tip Number 1

    Familiarise yourself with the derivatives trading environment. Understanding the trade lifecycle and the specific products you'll be dealing with, such as options, will give you an edge in discussions with traders and developers.

    Tip Number 2

    Brush up on your Python and SQL skills. Since these are crucial for the role, consider working on small projects or exercises that involve data analysis to demonstrate your proficiency during interviews.

    Tip Number 3

    Network with professionals in the derivatives and trading sectors. Engaging with industry contacts can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.

    Tip Number 4

    Prepare to discuss your experience with Agile methodologies. Be ready to share examples of how you've successfully coordinated and delivered complex projects, as this will showcase your ability to thrive in a fast-paced environment.

    We think you need these skills to ace Derivatives Business Analyst

    Business Analysis
    Python Programming
    SQL Proficiency
    Data Analysis
    Understanding of Derivatives Products
    ETRM Knowledge
    Trade Lifecycle Understanding
    Agile Methodologies
    Project Coordination
    Stakeholder Management
    Facilitation Skills
    Influencing Skills
    Excellent Communication Skills
    Problem-Solving Skills
    Team Collaboration
    Ability to Work Under Pressure
    Self-Starter Attitude
    Attention to Detail
    Integrity and Dependability

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in business analysis, particularly in derivatives trading environments. Emphasise your skills in Python, SQL, and any exposure to ETRM systems or the trade lifecycle.

    Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the role by discussing how your previous experiences align with the responsibilities outlined in the job description. Mention your ability to work under pressure and your experience with agile methodologies.

    Showcase Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application that illustrate your ability to facilitate discussions and broker decisions among stakeholders. Highlight any presentations or reports you've delivered.

    Highlight Problem-Solving Abilities: Use specific examples to showcase your problem-solving skills, especially in complex business issues. Discuss how you have identified improvements and proposed solutions in past roles, particularly in fast-paced environments.

    How to prepare for a job interview at TEKsystems

    Showcase Your Technical Skills

    Make sure to highlight your proficiency in Python and SQL during the interview. Be prepared to discuss specific projects where you've used these skills, especially in relation to handling large data sets or interfacing with mathematical models.

    Understand the Derivatives Landscape

    Familiarise yourself with derivatives products, particularly options, and the trade lifecycle. This knowledge will help you engage more effectively with traders and demonstrate your understanding of their needs.

    Demonstrate Agile Experience

    Since the role involves coordinating complex projects within agile methodologies, be ready to share examples of how you've successfully worked in agile environments. Discuss your role in facilitating team collaboration and delivering results under tight deadlines.

    Communicate Effectively

    Strong communication skills are crucial for this position. Practice articulating your thoughts clearly and concisely, both verbally and in writing. Prepare to discuss how you've influenced stakeholders and brokered decisions in previous roles.

    Derivatives Business Analyst
    TEKsystems
    Location: London

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