Business Analyst - OTC Derivatives & Transaction Reporting (FTC)

Delta Capita; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services firm in London is seeking an experienced Business Analyst for a fixed-term contract focused on OTC derivatives within a regulatory change initiative. The ideal candidate will gather business requirements, analyze workflows, and engage with front office and compliance teams. This role requires strong knowledge of derivatives and excellent stakeholder management skills, with opportunities for collaboration across multiple teams.

Qualifications

• Strong understanding of OTC derivatives and securities financing transactions.
• Proven experience working on regulatory change programmes.
• Experience in Agile or hybrid delivery environments.

Responsibilities

• Gather and document business requirements related to OTC derivatives processes.
• Work with stakeholders across trading and compliance to ensure alignment.
• Analyse current vs. target state workflows, identifying gaps.

Skills

OTC derivatives knowledge

Stakeholder management

Business analysis tools

Agile environments

Communication skills

Job description

12 Month FTC
London (on-site)

Role Summary

This is an excellent opportunity for an experienced Business Analyst to join a strategic programme focused on OTC derivatives within a leading financial institution. The role sits within a regulatory change initiative and involves close collaboration with front-to-back stakeholders across trading, operations, risk, and compliance.

Key Responsibilities

• Gather and document business requirements related to OTC derivatives processes and regulatory obligations.
• Work with stakeholders across trading, middle office, and compliance to ensure alignment on deliverables.
• Analyse and map current vs. target state workflows, identifying gaps and proposing solutions.
• Support testing and implementation of changes, including UAT coordination and defect management.
• Produce high-quality documentation including BRDs, process flows, and stakeholder communications.
• Ensure traceability of requirements and support project governance and reporting.

• Strong understanding of OTC derivatives and securities financing transactions (e.g., rates, credit, FX, repos, stock lending) and associated lifecycle events.
• Proven experience working on regulatory change programmes (e.g. EMIR, MiFID II, UMR, STFR).
• Excellent stakeholder management skills, with the ability to engage front office, operations, and technology teams.
• Proficiency in business analysis tools and techniques (e.g., process modelling, gap analysis).
• Experience in Agile or hybrid delivery environments.
• Strong written and verbal communication skills.

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

This is a fixed term contract position onsite in London. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role, a valid working permit is mandatory.

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.

Our 3 offerings are:

• Managed Services
• Consulting & Solutions
• Technology

To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.