Business Analyst – Capital Markets – Derivatives Trading Application

Job Description

Business Analyst – Capital Markets – Derivatives Trading Application
On behalf of our Banking client, Procom is searching for a Business Analyst – Capital Markets – Derivatives Trading Application for a 3-month role. This position is a hybrid position with 2-3 days onsite at our client’s Toronto office.

Business Analyst – Capital Markets – Derivatives Trading Application - Job Description:
The role involves working on Grand Central enhancements to build a Structured Notes Request For Quote platform and integrate it with in-house-built trading applications covering US/Canada and Europe regions. The project focuses on enhancing existing platforms to support derivatives trading applications within a large Canadian bank environment.

Business Analyst – Capital Markets – Derivatives Trading Application - Responsibilities:
• Collaborate with cross-functional stakeholders across Front Office, Middle Office, Product Control, and Financial Engineering teams.
• Work closely with stakeholders across Canada, US, and Europe mainly with Sales and Trade teams.
• Provide weekly updates to stakeholders, organize sprint planning and execution.
• Gather, analyze, and document business requirements; translate them into clear specifications for development teams.
• Develop detailed documentation, including business requirements, workflows, and process diagrams.
• Perform gap analysis between current and target states and propose scalable solutions aligned with business and regulatory needs.
• Operate within an Agile environment, participating in ceremonies such as sprint planning and stand-ups.
• Support production issue analysis and resolution.

Business Analyst – Capital Markets – Derivatives Trading Application - Mandatory Skills:
• 10+ years of experience as a Business Analyst, including experience with documentation and ability to create workflow diagrams, business requirements.
• 5+ years’ experience in capturing business requirements for building a Derivative Products Trading Application covering Trade Capture, Integration with Pricing Models.
• 5+ years’ experience with market data used to price derivative instruments.
• 5+ years’ experience with the trade life cycle for derivative products events such as Amend, Unwind, Rate Reset or Fixing Process and Realized Cashflows.
• 2+ years’ experience with risk watch pricing engine.

Business Analyst – Capital Markets – Derivatives Trading Application – Nice-to-Have Skills:
• Advanced Knowledge of derivative financial instruments related to Equity Options, interest rate swaps, Cap/Floor, Inflation asset swaps.
• Unix Scripting.
• Python Scripting.
• Pl/SQL.
• Automated testing experience.

Business Analyst – Capital Markets – Derivatives Trading Application – Assignment Length:
This is a 3-month contract position with the possibility of extension.

Business Analyst – Capital Markets – Derivatives Trading Application - Start Date:
ASAP.

Business Analyst – Capital Markets – Derivatives Trading Application - Assignment Location:
Toronto, Ontario, Canada – Hybrid, 2-3 days in office per week.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.