Junior Business Analyst

CMC Markets; City Of London; On-site; GBP 35,000 - 50,000; Full time

Job summary

CMC Markets in the City of London is seeking a hands-on Junior Business Analyst to join the technology team focused on pricing and risk applications. You will translate business needs into clear requirements, user stories and testable solutions, coordinating across product, development, quantitative, dealing and vendor teams from gap analysis through to delivery.

In an agile setting you will produce software requirements specifications, help manage the development lifecycle, and maintain

Qualifications

• Financial services background essential.
• Experience with FX Spot trading advantageous.
• Knowledge of Exchange Traded Products (Equities, Futures, Options) beneficial.
• Experienced in Agile software development methodologies.
• Good command of Jira, Confluence, Excel; SQL advantageous.

Responsibilities

• Analyse, collate and produce business requirements, including gap analysis on projects and product initiatives.
• Communicate effectively among software developers, quantitative analysts, dealing desks, stakeholders and external vendors.
• Capture business requirements, produce software requirements specifications, and scope testing in an agile framework.
• Assist lead BA with monitoring development life cycle, tracking user stories and updating iteration plans.
• Maintain high-quality documentation for system features for risk assessment and auditing.
• Convey impact of changes to business/product teams and assist with delivery timeframes.
• Support user-training activities and related documentation.
• Escalate issues promptly and mitigate project risks with the BA team.
• Collaborate with BA community to achieve CMC Groups business objectives.

Job description

We're looking for a hands‑on Junior Business Analyst to join CMC Markets' technology team, focusing on pricing and risk applications. Working in an agile environment, you'll translate business needs into clear requirements, user stories and testable solutions, connecting product, development, quantitative, dealing and vendor teams from gap analysis through to delivery.

ROLE AND RESPONSIBILITIES

• Work with the product, business analysis and development teams to analyse, collate and produce business requirements, including gap analysis on a range of project and product initiatives.
• With a strong emphasis on pricing/risk front office application development, the role will be required to communicate effectively among software developers, quantitative analysts, dealing desks, other stakeholders in the company and external vendors.
• In an agile framework, the role will need to capture business requirements, produce software requirement specifications, and scope out testing requirements, which are suitable for iterative developments.
• Once features are in development, the role will be required to help support the management of the development life cycle. This involves assisting the lead BA on the monitoring of the development team, tracking user story status and feeding into the project/iteration plans, as required.
• The role will be responsible for maintaining high-quality documentation on the developed features of a system, which will serve as a basis for risk assessment and for auditing purpose.
• The role may require the ability to convey to the business and product teams the impact of suggested changes to help determine the impact and delivery timeframes.
• Support user-training activities and related documentation.
• Keep the Lead Business Analyst aware of any escalations, issues, and ad-hoc changes as soon as they arise and seek assistance and guidance where necessary so that project risks can be mitigated as early as possible.
• Provide support to other members of the Business Analysis community and collaborate to achieve the CMC Groups business objectives.

General

• Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
• When dealing with all clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that maintains all CMC group values.
• Undertake such other duties, training and/or hours of work as may be reasonably required, and which are consistent with the general level of responsibility of this role.

KEY SKILLS AND EXPERIENCE

• Financial Services background is essential. Knowledge of FX Spot trading and Exchange Traded Products and related platforms for Equities, Futures and Options is highly advantageous. Understanding of Spread betting and/or CFD trading is beneficial.
• Strong commercial experience as a Business Analyst embedded in a technology team.
• Experience of conducting and supporting test activities advantageous.
• Proven experience of applying Agile software development methodologies is essential.
• Good working knowledge of the following software is essential: Jira, Confluence, Miro and Excel, and SQL advantageous.
• Experience using AI tools to support analysis advantageous.
• Team player with the ability to work independently as well as supporting the Lead BA.
• Strong problem-solving skills are required and the ability to take ownership of small tasks.

Hand's On:

• Ability to produce detailed business requirements, configuration management, specifications, Epics and User Stories to the highest standard is essential.
• Comfortable with contributing to technical and design discussions with product, developers and business analysis teams.
• Good problem‑solving skills and ability to work at a fast pace under challenging deadlines.

Communication Skills:

• Ability to communicate through all levels of the project line and with senior stakeholders.
• Ability to communicate with development and testers at a technical level.
• Ability to build strong professional relationships across the business, to enable cross‑functional collaboration.

Ability to present new ideas and challenge existing processes where appropriate.

CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.