Senior Business Analyst - FX, Trade & Commodities

HCLTech; City Of London; On-site; GBP 90,000 - 120,000; Full time

Job summary

HCLTech is seeking a Lead Functional Analyst for the RMS Trade Processing platform in London. The role involves leading functional analysis across the trade lifecycle for OTC derivatives, enabling accurate representation in front, middle, and back office systems.

The candidate will produce functional specifications, collaborate with partners, and contribute to an agile team using Java, Spring, Kafka, Oracle DB, and React. Prior experience with trading, FX, and commodity products is preferred.

Qualifications

• 5+ years' experience in financial systems development.
• Strong analytical skills, Excellent communication skills (written/verbal).
• Ability to produce high-quality requirements documents.
• SQL experience, programming experience a plus.
• Knowledge of trading systems, knowledge of FX and Commodity products.

Responsibilities

• Produce functional specifications in collaboration with business partners.
• Work closely with developers and QA staff in interpreting requirements and resolving issues.
• Work in an agile development SDLC focusing on the highest priorities.
• Product release installation instructions, and run-books.

Skills

Financial systems development

Analytical skills

Communication skills

Requirements documentation

SQL

Trading systems knowledge

FX & Commodities knowledge

Job description

HCLTech is a global technology company, home to 219,000+ people across 54 countries, delivering industry-leading capabilities centered on digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of $13+ billion.

Lead Functional Analyst

RMS Trade Processing is a strategic platform acting as the primary record for financial products across the Bank, with a strong focus on complex OTC derivatives. It supports the full trade lifecycle — from initial booking and enrichment through amendments, allocations, and lifecycle events (such as roll, unwind, exercise, and expiry), to clearing, settlement, and downstream risk reporting — ensuring consistent and reliable trade representation across front, middle, and back office systems.

As the RMS platform continues to expand its coverage of supported commodity products and trading flows, we are looking for a Lead Java Engineer to strengthen our experienced and dynamic team. Our technology stack includes Java, Spring, Kafka, Oracle Database, and React, offering opportunities to work across both backend and frontend components of a business critical system.

Your key responsibilities

• Produce functional specifications in collaboration with business partners
• Work closely with developers and QA staff in interpreting requirements and resolving issues
• Work in an agile development SLDC by focusing on the highest priorities
• Product release installation instructions, and run-books

Your skills and experience

• 5+ years' experience in financial systems development
• Strong analytical skills, Excellent communication skills (written/verbal)
• Ability to produce high-quality requirements documents
• SQL experience, programming experience a plus
• Knowledge of trading systems, knowledge of FX and Commodity products