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- Tasks: Analyse business requirements and manage data tasks for OTC derivatives.
- Company: Join Synechron, a global consultancy transforming financial services with innovative solutions.
- Benefits: Enjoy a collaborative culture, flexible work options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team solving real-world challenges in finance while developing your skills.
- Qualifications: Experience in OTC derivatives and strong SQL skills are essential; familiarity with data visualisation tools is a plus.
- Other info: Work in an agile environment where your ideas and contributions truly matter.
The predicted salary is between 43200 - 72000 £ per year.
We’re Synechron, a global consultancy laser-focused on accelerating digital initiatives in financial services. With over 14,500 members of staff across 17 countries and a unique mix of end-to-end digital, business and technology services, we help clients solve complex challenges with modern and innovative solutions. We’re big enough to be taken seriously, yet small enough to operate with an agile, open, relationship-driven approach. Our clients come to us with problems that need genuine thought, intelligence and knowledge; we’re not just putting bodies on seats.
We are looking for an experienced Business Analyst with a solid background in Over-the-Counter (OTC) Derivatives and strong SQL querying skills. The successful candidate will play a critical role in analyzing business requirements, managing data-related tasks, and facilitating communication between stakeholders and technical teams to drive effective solutions.
Key Responsibilities:- Requirement Analysis: Collaborate with business stakeholders to gather, analyze, and document requirements related to OTC derivatives products and processes.
- Data Management: Utilize SQL to extract, manipulate, and analyze data from databases to support decision-making and reporting.
- Documentation: Develop and maintain comprehensive documentation, including Business Requirement Documents (BRDs), Functional Specification Documents (FSDs), and process flows.
- Stakeholder Communication: Facilitate discussions and workshops with stakeholders to ensure clarity of requirements and alignment on project goals.
- Solution Development: Work closely with IT and development teams to design and implement solutions that meet business requirements, ensuring data integrity and compliance with regulations.
- Testing & Quality Assurance: Create and execute test cases, conduct user acceptance testing (UAT), and validate that deliverables align with business expectations.
- Regulatory Awareness: Stay informed about relevant regulations impacting OTC derivatives and ensure that business processes are compliant.
- Proficiency in SQL for data querying and analysis.
- Familiarity with financial data systems and trading platforms.
- Experience with data visualisation tools (e.g., Tableau, Power BI) is a plus.
- Strong analytical and problem-solving skills, with excellent written and verbal communication abilities.
- Proven ability to work collaboratively across teams.
- In-depth understanding of OTC derivatives products (e.g., swaps, options, forwards) and relevant regulatory frameworks (e.g., Dodd-Frank, EMIR).
Business Analyst (Derivatives) employer: Synechron
Contact Detail:
Synechron Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst (Derivatives)
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in OTC derivatives. This knowledge will not only help you understand the industry better but also demonstrate your commitment and expertise during interviews.
✨Tip Number 2
Brush up on your SQL skills by working on real-world data sets or projects. Being able to showcase your ability to extract and manipulate data effectively can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the financial services sector, especially those who work with OTC derivatives. Engaging in discussions can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare for potential case studies or scenario-based questions during interviews. Being able to demonstrate your analytical thinking and problem-solving skills in a practical context will impress interviewers.
We think you need these skills to ace Business Analyst (Derivatives)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Business Analyst in the context of OTC derivatives. Familiarise yourself with the key skills required, such as SQL proficiency and knowledge of financial regulations.
Tailor Your CV: Customise your CV to highlight relevant experience in business analysis, particularly in OTC derivatives. Emphasise your SQL skills and any experience with data visualisation tools like Tableau or Power BI.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and problem-solving abilities. Mention specific examples of how you've successfully collaborated with stakeholders and managed data-related tasks in previous roles.
Highlight Regulatory Knowledge: In your application, demonstrate your understanding of relevant regulations impacting OTC derivatives, such as Dodd-Frank and EMIR. This will show that you are not only technically skilled but also aware of the compliance landscape.
How to prepare for a job interview at Synechron
✨Showcase Your SQL Skills
Since the role requires strong SQL querying skills, be prepared to discuss your experience with SQL in detail. Consider bringing examples of past projects where you used SQL to extract and analyse data, as this will demonstrate your technical proficiency.
✨Understand OTC Derivatives Thoroughly
Make sure you have a solid understanding of OTC derivatives products like swaps, options, and forwards. Be ready to discuss how these products work and their regulatory implications, as this knowledge is crucial for the role.
✨Prepare for Stakeholder Scenarios
The job involves facilitating communication between stakeholders and technical teams. Prepare for situational questions that assess your ability to gather requirements and manage stakeholder expectations effectively.
✨Demonstrate Your Analytical Skills
Highlight your analytical and problem-solving abilities during the interview. Be ready to discuss specific challenges you've faced in previous roles and how you approached them, as this will showcase your critical thinking skills.
