At a Glance
- Tasks: Bridge the gap between traders and tech teams to enhance trading capabilities.
- Company: Dynamic commodities trading house undergoing a tech transformation.
- Benefits: £900/day, hybrid work model, and long-term engagement opportunities.
- Why this job: Be at the forefront of trading innovation and make a real impact.
- Qualifications: 5 years in IT Business Analysis with derivatives trading experience.
- Other info: Collaborative environment with exposure to end-to-end trade lifecycle.
The predicted salary is between 72000 - 108000 £ per year.
Commodities & Energy Trading House are going through a technology landscape transformation. They are looking for some key Business Analysts for long term engagements to be the link between their front office traders and development.
This Derivatives Front Office Business Analyst role will be focussed on improving and changing the Front Office Derivatives Trading capabilities. You will work with users from across the business and cover functionality across the end-to-end trade lifecycle for Physical and Derivatives trading.
As such, this Derivatives Front Office Business Analyst should have extensive experience with Derivatives trading across any asset class, prior experience working in the front office and communicating with stakeholders such as traders, as well as tech / development teams.
As a Derivatives Front Office Business Analyst, you will work with both front office and middle office users, with direct desk access on the trading floor, gaining exposure across end-to-end trade lifecycle for physical and Derivatives trading. An understanding of American and European Options, Greeks, Futures and Forwards will be crucial.
You will be focused on helping the migration of the Derivatives trading system, which underpins their physical trading systems, across to an ETRM from an in-house legacy build. You will be required to be proactive in engaging with users and working with them in a collaborative and open manner. You must take ownership of creating structured documentation (e.g. backlogs of user stories) and be able to communicate effectively with technical and non-technical individuals.
Location of work: Hybrid. 2-3 days from the office, LDN
Expertise: Derivatives Trading experience across any asset class (Energy Trading preferred but not required)
Duties of the Derivatives Front Office Business Analyst:
- Working with the users to identify their needs
- Creating worked examples, mock-ups, test cases or similar to help users understand their requirements and potential solution options
- Performing hands-on system or data analysis to identify changes (e.g. to usage, to configuration or to class-event)
- Able to work in both an Agile and Waterfall methodology
Experience needed for the Derivatives Front Office Business Analyst:
- 5 years’ experience as an IT Business Analyst in Trading
- Derivatives Trading experience – Physicals is a bonus as is prior Commodities/Energy Trading
- Understanding of; American and European Options, Greeks, Futures and Forwards
- Front / middle office knowledge; pricing and valuation (P&L, risk exposure, etc.)
If you are interested in this Derivatives Front Office Business Analyst role, please reply with your latest CV or send it direct.
Derivatives Front Office Business Analyst – Commodities Trading House | £900/Day INside IR35 | [...] in London employer: VirtueTech Recruitment Group
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Derivatives Front Office Business Analyst – Commodities Trading House | £900/Day INside IR35 | [...] in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the commodities trading space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its trading strategies, and brush up on your knowledge of derivatives and the end-to-end trade lifecycle. We want you to walk in feeling confident and ready to impress!
✨Tip Number 3
Showcase your skills! Bring along examples of your previous work, like documentation or user stories you've created. This will help demonstrate your experience and how you can add value to their team right from the get-go.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals like you to join us in transforming the trading landscape!
We think you need these skills to ace Derivatives Front Office Business Analyst – Commodities Trading House | £900/Day INside IR35 | [...] in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in derivatives trading and any relevant skills. We want to see how your background aligns with the role, so don’t be shy about showcasing your front office experience!
Showcase Your Communication Skills: Since this role involves liaising between traders and tech teams, it’s crucial to demonstrate your ability to communicate effectively. Use examples in your application that show how you’ve successfully navigated these interactions in the past.
Highlight Your Analytical Skills: As a Business Analyst, your analytical prowess is key! Include specific instances where you've performed system or data analysis, especially in a trading context. We love seeing how you’ve tackled complex problems.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at VirtueTech Recruitment Group
✨Know Your Derivatives Inside Out
Make sure you brush up on your knowledge of derivatives trading, especially American and European options, Greeks, futures, and forwards. Being able to discuss these concepts confidently will show that you understand the core of the role and can communicate effectively with traders.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've performed system or data analysis in previous roles. Highlight any hands-on experience you've had with creating mock-ups, test cases, or user stories, as this will demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Engage with Stakeholders
Be ready to talk about your experience working directly with front office and middle office users. Share examples of how you've proactively engaged with stakeholders to identify their needs and how you’ve collaborated with them to find solutions. This will illustrate your ability to take ownership and work in a team.
✨Familiarise Yourself with Agile and Waterfall Methodologies
Since the role requires working in both Agile and Waterfall environments, be prepared to discuss your experience with these methodologies. Think of specific projects where you’ve applied these approaches and how they contributed to successful outcomes.