Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Gather and analyse business requirements to enhance trading capabilities.
- Company: Join the London Metal Exchange, the global hub for industrial metals trading.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make a real impact in the financial services industry with innovative solutions.
- Qualifications: Degree-level education and experience as a Business Analyst in financial services.
- Other info: Collaborative culture with a focus on continuous learning and development.
The predicted salary is between 28800 - 48000 £ per year.
About The London Metal Exchange
The London Metal Exchange (LME) is the world centre for industrial metals trading. Most of the world’s global non-ferrous futures business is conducted on the LME’s three trading platforms totalling $18 trillion, 178 million lots and 4 billion tonnes with a market open interest high of 1.8 million lots in 2024.
Shift Pattern: Standard 40 Hour Week (United Kingdom)
Scheduled Weekly Hours: 40
Corporate Grade: E - Associate
Reporting Line (UK Division): Trading & COO
Location: UK-London
Worker Type: Permanent
Overall Purpose of Role: We are seeking a highly motivated Business Analyst with a genuine interest in exchange trading and a passion for delivering best in class solutions to our customers. The Business Analyst will be a part of a cross-business delivery team, helping us to enhance and optimise our trading capabilities. The ideal candidate will need experience in delivering in environments, particularly with Scrum-based practices, and will be familiar with Behaviour-Driven Development (BDD) methodologies. The role will involve working with stakeholders from across the LME group to understand needs, collaborate across teams to create a shared understanding of intent, and contribute to solutions that meet the business and user needs.
Responsibilities:
- Requirements Gathering: Work with stakeholders to elicit, analyse, and document business requirements, focusing on pricing needs.
- Delivery: Work with stakeholders to define a plan, manage it, and see the delivery through to completion.
- User Story Development: Translate business requirements into clear, concise user stories with well-defined acceptance criteria, using BDD techniques.
- Backlog Management: Work with the Product Owner to ensure there is a health backlog of ready stories that are aligned with business goals and priorities.
- Data Analysis: Analyse existing data sets, structures and processes, identifying areas for improvement.
- Stakeholder Communication: Serve as the facilitator between stakeholders, ensuring that there is close collaboration and that business needs are accurately translated into requirements.
- Solution Design: Support the design and validation of solutions, understanding operational impact and ensuring they meet business needs in alignment with the solution architecture.
- Documentation: Maintain comprehensive documentation of business processes, requirements, user guides, and other relevant project details.
- Testing & Validation: Collaborate with Engineers to define and execute test scenarios, ensuring solutions meet acceptance criteria.
- Continuous Learning: Collaborate with the wider Business Analysis capability and Community of Practices for shared knowledge, support and contribution to the ongoing development of individual and organisational capabilities.
Academic And Professional Qualifications Required: Degree Level educated or equivalent in a relevant discipline.
Required Knowledge And Level Of Experience:
- Experience: Experience as a Business Analyst, preferably within the financial services industry. Experience of working in an exchange environment or similar domain.
- Knowledge: Knowledge of trading/clearing systems, commodities trading/clearing and knowledge of the regulatory context within which the LME and LME Clear operates.
- Agile/Scrum: Strong understanding of agile methodologies, particularly Scrum. Experience in an agile environment is essential.
- BDD Knowledge: Familiarity with Behaviour-Driven Development (BDD) practices and tools such as Cucumber, Gherkin, or similar.
- Tools: Experience with Jira, Confluence, Microsoft Office suite (365). Knowledge of python, SQL and data querying languages.
Skills Set And Core Competencies Required For Role:
- Communication and leadership skills
- Strategic planning and thinking
- Outcome-driven orientation
- Assertive to help maintain the vision in challenging situations
- Stakeholder management: ability to communicate with different groups of individuals, be able to reach a consensus and have a high degree of diplomacy
- Analytical and problem-solving skills
- Proficient in writing user stories, acceptance criteria, technical documentation and user documentation.
The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression and reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.
Business Analyst (Associate) employer: London Metal Exchange
Contact Detail:
London Metal Exchange Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst (Associate)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at the LME or similar organisations. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for your interviews by brushing up on your knowledge of trading systems and agile methodologies. Be ready to discuss how your experience aligns with the role and how you can contribute to enhancing trading capabilities.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Use examples from your past experiences where you successfully gathered requirements or managed stakeholder communications. This will demonstrate your fit for the Business Analyst role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at the LME.
We think you need these skills to ace Business Analyst (Associate)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience with Scrum and BDD methodologies, as well as any relevant projects that showcase your skills in requirements gathering and user story development.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your genuine interest in exchange trading and how your background aligns with the LME's mission. Be sure to mention specific examples of how you've delivered solutions in previous roles.
Showcase Your Analytical Skills: Since data analysis is key for this role, don’t forget to include examples of how you've used data to drive decisions or improvements in past projects. This will demonstrate your analytical mindset and problem-solving abilities.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at London Metal Exchange
✨Know Your Trading Basics
Before the interview, brush up on your knowledge of trading and clearing systems, especially in the context of commodities. Understanding the LME's role in the market will show your genuine interest and help you engage more effectively with the interviewers.
✨Master User Stories
Since the role involves translating business requirements into user stories, practice writing clear and concise user stories with well-defined acceptance criteria. Familiarise yourself with BDD techniques, as this will be crucial in demonstrating your analytical skills during the interview.
✨Showcase Your Agile Experience
Be prepared to discuss your experience in agile environments, particularly with Scrum practices. Share specific examples of how you've contributed to a team’s success using these methodologies, as this will highlight your fit for the role.
✨Communicate Effectively
Strong communication skills are key for this position. Practice articulating your thoughts clearly and confidently, especially when discussing stakeholder management and collaboration. This will help you convey your ability to facilitate discussions and translate needs into actionable requirements.