Senior Technical Business Analyst / Product Owner - FRTB & XVA in London
Senior Technical Business Analyst / Product Owner - FRTB & XVA

Senior Technical Business Analyst / Product Owner - FRTB & XVA in London

London Temporary 60000 - 80000 ÂŁ / year (est.) Home office (partial)
Ubique Systems

At a Glance

  • Tasks: Lead FRTB regulatory projects and collaborate with diverse teams to deliver compliant solutions.
  • Company: Join a Tier-1 Investment Bank in the heart of Canary Wharf.
  • Benefits: Competitive salary, hybrid work model, and potential for permanent position.
  • Other info: Opportunity for career growth in a fast-paced, regulatory-focused role.
  • Why this job: Make a significant impact in capital markets while enhancing your skills in a dynamic environment.
  • Qualifications: 8+ years IT experience with strong FRTB delivery and technical business analysis skills.

The predicted salary is between 60000 - 80000 ÂŁ per year.

Location: Canary Wharf, London (Hybrid – 2–3 days onsite per week)

Contract: Fixed Term – 12 Months (first 1 year then highly likely to conversion to permanent)

Salary: Open to market level

End Client: Tier‑1 Investment Bank

Target Background: Synechron / EPAM / similar Capital Markets consulting firms

Role Overview

We are seeking a Senior Technical Business Analyst / Product Owner with deep, hands‑on ownership of FRTB (Fundamental Review of the Trading Book) programmes, ideally within a Tier‑1 Investment Bank or regulatory transformation initiative. This role is NOT a generic Capital Markets BA position. The ideal candidate will demonstrate strong FRTB regulatory delivery experience, XVA understanding, and the ability to operate as a product owner–style BA across regulatory, risk, and technology teams.

Key Responsibilities

  • Act as a Product Owner / Lead BA for FRTB regulatory deliverables, owning scope from requirement definition to implementation sign‑off
  • Partner with Front Office, Market Risk, Finance, Quant, and Technology teams to deliver FRTB‑compliant solutions
  • Drive and document end‑to‑end FRTB workflows, including:
  • Standardised Approach (SA)
  • Internal Models Approach (IMA)
  • Risk Factor Eligibility Test (RFET)
  • P&L Attribution (PLA)
  • Lead requirements for XVA analytics and reporting, covering CVA, DVA, FVA, KVA, and MVA
  • Translate regulatory text (Basel / FRTB rules) into functional and technical requirements
  • Perform hands‑on data analysis using SQL, Python, and Excel to validate results, reconcile figures, and support UAT
  • Work closely with development teams on:
    • Data models (relational and NoSQL, including MongoDB)
    • Calculation engines and reporting layers
    • System integrations across risk, finance, and regulatory platforms
  • Own user stories, BRDs, FRDs, acceptance criteria, and process flows
  • Support regulatory audits, model validation, and internal governance reviews
  • Mandatory Skills & Experience (Non‑Negotiable)

    • 8+ years overall IT experience, with 5+ years as a Technical Business Analyst / Product Owner
    • Proven, hands‑on FRTB delivery experience (must be clearly visible on CV)
    • Candidates without explicit FRTB ownership experience will not be considered
    • Strong understanding of:
    • Basel regulations
    • Market Risk frameworks
    • Capital calculations
    • Deep XVA knowledge, including: CVA, DVA, FVA, KVA, MVA
  • Advanced SQL (complex queries, validations, reconciliations)
  • Practical Python usage for data analysis and validation
  • Strong Excel skills for financial analysis and regulatory reporting
  • Solid understanding of Capital Markets products (Rates, FX, Equities, Credit)
  • Technical & Tools Experience

    • MongoDB or other NoSQL databases, SQL
    • ETL processes and data lineage
    • Jira, Confluence
    • Exposure to microservices / API‑based architectures (nice to have)

    Delivery & Methodology

    • Strong Agile / Scrum delivery experience
    • Comfortable operating as a Product Owner–style BA
    • Proven experience working in regulatory remediation or transformation programmes
    • Ability to push back, challenge, and clarify regulatory interpretations

    Soft Skills

    • Excellent stakeholder management (Front Office to Risk to Regulators)
    • High attention to detail with strong numerical accuracy
    • Confident communicator in high‑pressure regulatory environments
    • Proactive, outcome‑driven mindset

    Senior Technical Business Analyst / Product Owner - FRTB & XVA in London employer: Ubique Systems

    Join a leading Tier-1 Investment Bank in the heart of Canary Wharf, where you will thrive in a dynamic and collaborative work culture that values innovation and excellence. With a strong focus on employee growth, we offer extensive training opportunities and the chance to work on cutting-edge regulatory projects like FRTB and XVA, ensuring your skills remain at the forefront of the industry. Enjoy the flexibility of a hybrid working model, competitive salary, and the unique advantage of being part of a prestigious institution that prioritises both professional development and employee well-being.
    Ubique Systems

    Contact Detail:

    Ubique Systems Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Technical Business Analyst / Product Owner - FRTB & XVA in London

    ✨Network Like a Pro

    Get out there and connect with folks in the industry! Attend meetups, webinars, or even just grab a coffee with someone who works at a Tier-1 Investment Bank. Building relationships can open doors that a CV just can't.

    ✨Show Off Your Skills

    When you get the chance to chat with potential employers, make sure to highlight your hands-on FRTB experience and technical skills. Use real examples from your past roles to demonstrate how you've tackled similar challenges.

    ✨Be Ready for Technical Questions

    Brush up on your SQL and Python skills because you might be asked to solve a problem on the spot. Practising common data analysis scenarios can help you feel more confident during those tricky interviews.

    ✨Apply Through Our Website

    Don't forget to check out our website for job openings! Applying directly through us not only shows your interest but also gives you a better chance of landing that interview. We’re rooting for you!

    We think you need these skills to ace Senior Technical Business Analyst / Product Owner - FRTB & XVA in London

    FRTB Regulatory Delivery Experience
    XVA Knowledge (CVA, DVA, FVA, KVA, MVA)
    SQL (Advanced)
    Python (Practical Usage for Data Analysis)
    Excel (Strong Skills for Financial Analysis)
    Capital Markets Knowledge (Rates, FX, Equities, Credit)
    Stakeholder Management
    Agile / Scrum Methodology
    Requirement Definition and Documentation
    Data Modelling (Relational and NoSQL, including MongoDB)
    User Story Ownership
    Regulatory Interpretation
    Attention to Detail
    Communication Skills in High-Pressure Environments

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to highlight your FRTB and XVA experience. We want to see how your background aligns with the specific requirements of the role, so don’t hold back on showcasing your relevant skills!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this Senior Technical Business Analyst / Product Owner role. Be sure to mention your hands-on experience and how you’ve successfully delivered FRTB solutions in the past.

    Showcase Your Technical Skills: We’re looking for someone with strong SQL, Python, and Excel skills. Make sure to include specific examples of how you’ve used these tools in your previous roles, especially in relation to data analysis and regulatory reporting.

    Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

    How to prepare for a job interview at Ubique Systems

    ✨Know Your FRTB Inside Out

    Make sure you have a solid grasp of FRTB regulations and how they apply to the role. Brush up on your knowledge of Basel regulations and be ready to discuss specific examples of your hands-on experience with FRTB delivery. This will show that you’re not just familiar with the terms, but that you can actually apply them.

    ✨Showcase Your Technical Skills

    Be prepared to demonstrate your technical prowess, especially in SQL and Python. Bring examples of complex queries you've written or data analyses you've performed. If you’ve worked with NoSQL databases like MongoDB, make sure to highlight that experience too. Practical demonstrations can really set you apart!

    ✨Communicate Like a Pro

    Since this role involves liaising with various teams, practice articulating your thoughts clearly and confidently. Prepare to discuss how you’ve managed stakeholder relationships in high-pressure environments. Use specific scenarios where you successfully navigated challenges or pushed back on regulatory interpretations.

    ✨Prepare for Agile Discussions

    Given the emphasis on Agile methodologies, be ready to talk about your experience working in Agile/Scrum environments. Share examples of how you’ve operated as a Product Owner-style BA and how you’ve contributed to successful project deliveries. This will demonstrate your adaptability and understanding of modern delivery practices.

    Senior Technical Business Analyst / Product Owner - FRTB & XVA in London
    Ubique Systems
    Location: London

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