At a Glance
- Tasks: Analyze FX trade processes and optimize workflows for a new platform.
- Company: Join a dynamic team focused on transforming FX trading systems.
- Benefits: Collaborate with diverse teams and gain hands-on experience in finance technology.
- Why this job: Be at the forefront of FX platform migration, impacting efficiency and business success.
- Qualifications: Strong knowledge of FX trade lifecycle and experience in trading platform migrations required.
- Other info: Ideal for those passionate about finance and technology integration.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking a Business Analyst (BA) with expertise in the FX trade lifecycle to support the migration of our legacy FX platform . The BA will play a key role in analyzing existing system functionalities, evaluating their business relevance and efficiency, and defining optimal processes for the new platform. This position requires close collaboration with Trading, Sales, Operations, Technology, and other stakeholders to ensure a seamless transition.
Key Responsibilities:
• End-to-End Trade Lifecycle Analysis: Assess how FX trades are currently processed, including trade capture, pricing, risk management, settlement, fees, sales credit and reporting in the legacy platform.
• Workflow Evaluation & Optimization: Identify core functionalities in the legacy system, determine whether they are still required, and assess whether they can be replicated or improved in target platform .
• Business & Functional Requirement Gathering: Work closely with Trading, Sales, Operations, , and Tech teams to document requirements and define optimal solutions.
• Broker Fees & Prime Brokerage Handling: Analyze how broker fees and prime brokerage transactions are processed in the current system and define target-state solutions.
• EOD Processes & Reporting: Evaluate current end-of-day processing, reconciliations, and reporting workflows to ensure efficiency in new platfrom .
• Sales Credit & Revenue Attribution: Work with Sales and Finance teams to understand how sales credits are allocated and ensure the new platform supports accurate revenue recognition.
• Stakeholder Collaboration & Change Management: Act as a bridge between business and technology teams, ensuring alignment and smooth communication during the migration.
• Data Mapping & Integration: Work with technology teams to define data transformation and integration between legacy and new platforms.
Key Skills & Experience:
• Strong understanding of the FX trade lifecycle across front-office, middle-office, and back-office functions.
• Experience in trading platform migrations. Hands-on experience with FX products, pricing, risk, settlements, reconciliations, and
• Excellent communication and stakeholder management skills, with experience working across Trading, Sales, Operations, and Technology.
• Experience with broker fees, prime brokerage workflows, EOD processes, and P&L reporting.
• Familiarity with data mappings, trade enrichment, and system integrations in FX environments.
Business Analyst - FX employer: Crisil
Contact Detail:
Crisil Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - FX
✨Tip Number 1
Familiarize yourself with the FX trade lifecycle in detail. Understanding each phase, from trade capture to settlement, will help you demonstrate your expertise during discussions with our team.
✨Tip Number 2
Highlight any previous experience you have with trading platform migrations. Be prepared to discuss specific challenges you faced and how you overcame them, as this will show your problem-solving skills.
✨Tip Number 3
Prepare examples of how you've collaborated with different stakeholders in past roles. Effective communication is key in this position, so showcasing your ability to bridge gaps between business and technology will be beneficial.
✨Tip Number 4
Stay updated on current trends and technologies in the FX market. Being knowledgeable about recent developments can give you an edge in discussions and demonstrate your commitment to the field.
We think you need these skills to ace Business Analyst - FX
Some tips for your application 🫡
Understand the FX Trade Lifecycle: Before applying, make sure you have a solid understanding of the FX trade lifecycle. Highlight your expertise in trade capture, pricing, risk management, and settlement processes in your application.
Tailor Your CV: Customize your CV to emphasize relevant experience in trading platform migrations and your familiarity with broker fees and prime brokerage workflows. Use specific examples that demonstrate your skills in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication and stakeholder management skills. Explain how your background aligns with the responsibilities outlined in the job description, particularly your experience working with Trading, Sales, and Operations teams.
Highlight Collaboration Experience: In your application, emphasize any previous roles where you acted as a bridge between business and technology teams. Provide examples of how you facilitated communication and ensured alignment during projects.
How to prepare for a job interview at Crisil
✨Understand the FX Trade Lifecycle
Make sure you have a solid grasp of the FX trade lifecycle, including trade capture, pricing, risk management, and settlement. Be prepared to discuss how these elements interact and how they can be optimized in a new platform.
✨Showcase Your Migration Experience
Highlight any previous experience you have with trading platform migrations. Discuss specific challenges you faced and how you overcame them, as this will demonstrate your ability to handle the complexities of the role.
✨Prepare for Stakeholder Collaboration Questions
Expect questions about how you would manage communication between different teams such as Trading, Sales, and Technology. Think of examples from your past experiences where you successfully facilitated collaboration and alignment.
✨Discuss Data Mapping and Integration
Be ready to talk about your familiarity with data mappings and system integrations in FX environments. Provide examples of how you've worked with technology teams to ensure seamless data transformation during migrations.