Quantitative Business Analyst — Data & XVA Analytics

HSBC; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

HSBC is seeking an experienced Quantitative Business Analyst to support the Quant team and Raven analytics library, focusing on understanding system landscape, data sources, and business processes interacting with Raven. The role offers growth through professional development opportunities and a strong benefits package.

You will partner with product owners, document requirements, and help refine the backlog to deliver measurable value in a fast-paced trading environment.

Qualifications

• Solid understanding of derivatives pricing and CCR, including familiarity with XVA metrics and exposure measurement.
• Experience working with trade data and market data in a capital markets environment, understanding booking conventions and data structures for derivative trades.
• Strong SQL skills for querying relational databases and data warehouses; write complex queries to extract and consolidate financial data.

Responsibilities

• Partner with Product Owners to elicit requirements and capture user stories in JIRA.
• Document processes, data needs and business rules; keep stories aligned to business objectives.
• Define unambiguous acceptance criteria and UAT scenarios for consistent validation.
• Support agile ceremonies to maintain momentum and align delivery with intent.
• Refine and maintain the product backlog with the Product Owner and team; break down complex needs.
• Ensure stories meet Definition of Ready before sprint, covering clarity, sizing, dependencies and non‑functional requirements.
• Coordinate and support user testing, triaging issues, and iterating requirements for measurable value.

Skills

Derivatives pricing

SQL

Python (pandas)

Documentation

Stakeholder communication

Tools

JIRA

Job description

HSBC is seeking an experienced Quantitative Business Analyst to support the Quant team and Raven analytics library, focusing on understanding system landscape, data sources, and business processes interacting with Raven. The role offers growth through professional development opportunities and a strong benefits package.

You will partner with product owners, document requirements, and help refine the backlog to deliver measurable value in a fast-paced trading environment.