Front Office Business Analyst

emagine Polska; Greater London; On-site; GBP 102,000 - 138,000; Full time

Job summary

emagine is seeking an experienced Front Office Business Analyst to support a Front Office transformation for a leading investment bank. You will lead feasibility studies for FX and Money Market initiatives, gather and validate requirements, and map complex product structures to trading systems.

You will work with Front Office stakeholders, provide cost/effort estimates, review trade booking workflows, and perform pricing model analysis using Murex and Bloomberg data.

Qualifications

• Proven Business Analyst experience within a top-tier investment bank.
• Strong product knowledge across FX and Money Market asset classes.
• Ability to interpret and map products from term sheets and business specifications.
• Excellent understanding of trade booking processes and trade lifecycle management.
• Strong knowledge of P&L, Risk Management, and Market Data concepts.
• Experience with pricing models, trade pricing, simulation, and curve construction.
• Good working knowledge of the Murex platform.
• Good knowledge of Bloomberg products and data services.
• Strong stakeholder management skills with the ability to engage business and technology teams at all levels.
• Excellent written and verbal communication skills.
• Demonstrated ability to work independently, manage priorities, and deliver under pressure.
• Proven track record of owning and delivering feasibility study activities from inception through approval.
• Good understanding of RET interfaces and related workflows.

Responsibilities

• Lead feasibility studies for FX and Money Market initiatives, including solution assessment and cost estimation.
• Partner with Front Office and business stakeholders to gather, document, and validate business requirements.
• Conduct GAP analysis to identify process inefficiencies and opportunities for improvement.
• Review and enhance current and future-state trade booking and trade lifecycle workflows.
• Perform detailed analysis across FX and Money Market products, providing recommendations and driving solution delivery.
• Map financial products into trading system templates and conduct detailed pricing model analysis.
• Produce delivery estimates to support Front Office project approval and planning.
• Investigate and resolve trade booking queries.
• Provide regular project and workstream status updates to stakeholders.
• Support additional business and project requirements as needed.
• Serve as the primary Front Office contact for business analysis tasks, issues, and solution discussions.

Skills

Business Analysis

FX

Money Market

Murex

Bloomberg

Stakeholder Management

Requirements Gathering

Feasibility Studies

Tools

Murex

Bloomberg

Job description

Front Office Business Analyst

£650pd Inside IR35

Initial 6 month engagement

4 days on site

emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

We are seeking an experienced Senior Business Analyst with strong expertise across FX and Money Market (MMT) products to support a key Front Office transformation programme within a leading investment bank. This role will be instrumental in leading feasibility studies for new product functionality, defining business requirements, evaluating solutions, and providing cost and effort estimates to support project approval and delivery. The successful candidate will act as a trusted partner to Front Office stakeholders, leveraging deep product knowledge and Murex expertise to drive analysis and solution design.

Key Responsibilities

• Lead feasibility studies for new FX and Money Market product initiatives, including solution assessment and cost estimation.
• Partner with Front Office and business stakeholders to gather, document, and validate business requirements.
• Conduct GAP analysis to identify process inefficiencies and opportunities for improvement.
• Review and enhance current and future-state trade booking and trade lifecycle workflows.
• Perform detailed analysis across FX and Money Market products, providing recommendations and driving solution delivery.
• Map financial products into trading system templates and conduct detailed pricing model analysis.
• Produce delivery estimates to support Front Office project approval and planning.
• Investigate and resolve trade booking queries.
• Provide regular project and workstream status updates to stakeholders.
• Support additional business and project requirements as needed.
• Serve as the primary Front Office contact for business analysis tasks, issues, and solution discussions.

Required Skills & Experience

• Proven Business Analyst experience within a top-tier investment bank.
• Strong product knowledge across Foreign Exchange (FX) and Money Market (MMT) asset classes.
• Ability to interpret and map products from term sheets and business specifications.
• Excellent understanding of trade booking processes and trade lifecycle management.
• Strong knowledge of P&L, Risk Management, and Market Data concepts.
• Experience with pricing models, trade pricing, simulation, and curve construction.
• Good working knowledge of the Murex platform.
• Good knowledge of Bloomberg products and data services.
• Strong stakeholder management skills with the ability to engage business and technology teams at all levels.
• Excellent written and verbal communication skills.
• Demonstrated ability to work independently, manage priorities, and deliver under pressure.
• Proven track record of owning and delivering feasibility study activities from inception through approval.
• Good understanding of RET interfaces and related workflows.

Our People

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.

We pride ourselves on;

• Providing our people with a supportive culture, rooted in our values and driven by our purpose.
• Promoting a culture of inclusion, collaboration, well-being, and learning and development.
• Providing increased agility and flexibility within our hybrid working model
• Investing in employees’ growth through ongoing training and development
• Autonomy to take ownership of projects, making decisions and demonstrating individual expertise
• Providing an transparent performance and career management experience.

Our consultants are integral to delivering successful consulting engagements, addressing our clients’ most pressing business challenges, and build lasting value in disciplines such as:

• Solve sophisticated, ambiguous business, change and technology problems, bringing structure and meticulous analysis and planning, acting, and taking decisions with little strategic direction
• Build, develop and sustain trusted senior client relationships in the C-suite by remaining highly attuned to client needs
• Drive, enable and support the business, partnering with our leaders, clients, and consultants across our practices to take the best of emagine to our clients through opportunity identification/qualification, solution development/presentation

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately, our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential.

emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin.