FX Product Business Analyst

Northern Trust; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global financial institution in London is seeking an experienced professional in FX product business analysis to support workflow improvements and execution of product strategy. The ideal candidate has deep FX experience, strong analytical skills, and is adept in building relationships across various teams. This role offers a collaborative environment focused on innovation and community support.

Responsibilities

• Perform business analysis and identify workflow improvements.
• Support product managers in defining new workflows.
• Work with IT on project estimations.
• Collaborate with various teams regarding product changes.
• Maintain knowledge of FX regulations and market trends.
• Engage in FX business initiatives and transformation.

Skills

Deep FX experience in a front office business analysis role

Knowledge of FX processing within a custody bank

Experience in FX transformation at a custody bank

Knowledge in FX Payments and eFX

Understanding technology terminology

Familiarity with JIRA or similar tools

Excellent relationship building skills

Project management experience

Excellent communication skills

Analytics skills in Excel or Python

Job description

About Northern Trust

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role/Department

The FX Product team supports Northern Trust's FX businesses. Reporting into the Global Head of FX Product, the individual will primarily support business leads, product leads and technology partners to perform business analysis, help define and establish requirements for new and existing workflows and capabilities, support product leads to execute on product strategy and help in developing new client products and capabilities leading to the overall growth of business revenues and profitability.

The key responsibilities of the role include

The key responsibilities of the role include:

• Perform business analysis and map out existing workflows identifying challenges and areas of improvement
• Support product managers in defining requirements for new workflows and capabilities
• Work with IT on estimations and prioritization
• Participate in supplier calls with venues, exchanges and liquidity providers to understand change to Northern Trust's FX products and services
• Work with operational teams to understand downstream impact of change
• Maintain a thorough knowledge and awareness of FX legal requirements, regulatory environment, and marketing trends in the industry to determine the directional impact of change
• Collaborate with PMO; technology; risk & compliance; operations and senior management to ensure execution aligned with the product roadmap
• Participate in FX business initiatives related to FX Payments, eFX, Trading, Voice Sales, Transactional FX or FX wide initiatives related to market structure or regulatory changes

Skills/Qualifications

• Deep FX experience in a front office business analysis role within a custody bank
• Knowledge of how FX is processed within a custody bank covering securities settlement, middle office operations and front office execution required
• Experience in FX transformation in terms of people, process and technology at a custody bank is required
• Additional knowledge in FX Payments, eFX and FX Overlay is preferred
• In-depth functional / industry knowledge of the FX market required
• Ability to work closely with technology utilizing agile techniques and understanding technology terminology required
• Prior experience of using JIRA or similar tool required
• Excellent in building key relationships, influencing and negotiating with partners and leaders across multiple disciplines
• Program or project management experience is advantageous; planning, analysis, design and governance
• Excellent oral and written communication skills are required
• Highly flexible and adaptable to change
• Analytics skills e.g. excel, python are preferred

Working with Us

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail].

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.