At a Glance
- Tasks: Engage with traders to capture and prioritise requirements for a new eFX platform.
- Company: Join a leading global financial services group in London.
- Benefits: Initial 6-month contract with potential for permanent role and competitive salary.
- Other info: Work in a dynamic environment with opportunities for career growth.
- Why this job: Be at the forefront of a strategic eFX platform change and make a real impact.
- Qualifications: Experience as a Front Office Business Analyst in eFX and strong project management skills.
The predicted salary is between 63000 - 77000 £ per year.
Description
G MASS Consulting are partnered with a leading global financial services group, as they seek an experienced e FX Business Analyst to join their FX business in London.
This is a front-office facing role at the centre of a strategic e FX platform change.
The client is replacing its existing third-party e FX liquidity aggregation platform with an alternative vendor system, as part of a broader rationalisation of its trading technology estate.
The consultant will act as the bridge between the trading desks, the vendor and internal Technology.
They will translate trading requirements into a clear delivery plan and coordinate the migration across multiple desks.
The successful candidate will combine genuine e FX domain knowledge with strong business analysis and project management skills.
They will be comfortable spending significant time with the vendor’s team and credible in front of traders.
The role is an initial 6-month contract with the opportunity to be made permanent, starting in December.
Responsibilities
- Engage directly with traders, sales and desk heads across the FX business to capture, document and prioritise trading requirements for the new platform.
- Map the current-state e FX workflows on the existing aggregation platform.
This covers liquidity provider connectivity, price aggregation, order routing, client price distribution, and downstream booking and STP.
- Run gap analysis between the current platform and the new vendor system, identifying functional, workflow and control gaps and agreeing remediation or workarounds with stakeholders.
- Act as the primary business liaison with the vendor’s team, working closely with them on configuration, functional specifications, issue resolution and delivery milestones.
Establish and run regular working groups with trading desks, the vendor, Technology and Operations, setting agendas, facilitating decisions, tracking actions and driving issues through to resolution.
- Plan and project manage the migration across desks, including liquidity provider and venue onboarding, client migration sequencing, parallel running, cutover and decommissioning of the legacy platform.
- Define and coordinate UAT with traders and Technology, including test scenarios for pricing, execution, order types, credit checks and downstream booking.
- Work with Technology on FIX connectivity, integration with internal pricing, risk and booking systems, and market data requirements.
- Engage Risk, Compliance and Operations on pre-trade credit controls and the regulatory and control implications of the platform change, including best execution and Mi FID II reporting where applicable.
- Maintain delivery plans, RAID logs and dependencies, providing progress reporting to the programme lead and steering committee.
- Contribute to the wider system rationalisation programme, identifying further opportunities to simplify the e FX technology estate.
Requirements
- Proven experience as a Front Office Business Analyst or BA/PM within e FX, ideally on a trading platform, aggregator or vendor system implementation or migration.
- Strong understanding of e FX market structure and workflows, including liquidity aggregation, ESP and RFQ/RFS pricing, smart order routing, liquidity provider and venue connectivity, and last look.
- Hands-on experience with third-party e FX aggregation or trading platforms (vendor or in-house).
- Solid FX product knowledge across Spot, Forwards, Swaps and NDFs.
- Working knowledge of the FIX protocol and the integration of trading platforms with pricing, risk, booking and STP infrastructure.
- Experience managing third-party vendors through requirements, specification, testing and delivery.
- Strong project management skills, with experience coordinating delivery across multiple desks and stakeholder groups.
- Confident and credible engaging with traders, able to challenge and prioritise requirements under time pressure.
- Excellent documentation skills, including business requirements, functional specifications, process maps and test plans.
- Awareness of Mi FID II requirements relevant to electronic trading (best execution, transaction reporting, algorithmic trading controls) is advantageous.
Benefits
- Length: Initial 6-month contract with the opportunity to be made permanent
- Start: December 2026
- Office: London (3-4 days a week in the office)
eFX Business Analyst (Front Office) - Liquidity Aggregation Platform Migration in London employer: G MASS
G MASS Consulting is an exceptional employer that fosters a dynamic and inclusive work culture in the heart of London. With a strong emphasis on employee growth, we offer comprehensive training and development opportunities, empowering our team to excel in their roles while contributing to impactful compliance solutions for our clients. Join us to be part of a forward-thinking organisation that values innovation and collaboration, making a meaningful difference in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land eFX Business Analyst (Front Office) - Liquidity Aggregation Platform Migration in London
✨Tap into Campus Networks
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We think you need these skills to ace eFX Business Analyst (Front Office) - Liquidity Aggregation Platform Migration in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to G MASS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on G MASS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at G MASS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with G MASS.
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✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former G MASS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
