Senior FO Business Analyst

luxoft singapore pte. ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

The Group is seeking an experienced Business Analyst for front office project work and maintenance to support the RFQ workflow and pre-trade pricing integration. You will collaborate with Sales, Traders and IT to implement real-time pricing, deal validation, and downstream booking interfaces.

We require 8+ years in market finance, deep IFR derivatives knowledge, and strong data, system integration, and communication skills. Singapore-based role with a view to run-the-bank activities.

Qualifications

• 8+ years of experience as a Business Analyst in market finance, with front office Fixed Income experience.
• Deep expertise in Interest Rate Derivatives (Swaps, Swaptions, Caps/Floors, FRAs).
• Strong knowledge of pre-trade workflows and RFQ systems.
• Understanding of pricing models, yield curves, DV01, duration, convexity.
• Knowledge of rates market conventions and day-count conventions.
• Experience with Front Office/Risk platforms (Orchestrade) and MarkitWire.
• Familiarity with Bloomberg and Reuters/Refinitiv data sources.
• FPML and static market data knowledge (reference data, price data).
• Python for analytics; SQL and Excel; DevOps: GitOps, Docker, Kubernetes.
• Experience with Elasticsearch and Kibana for monitoring.
• Excellent written and verbal communication; stakeholder management; Jira experience.
• Ability to leverage AI tools (GitHub Copilot) and understand AI basics.

Responsibilities

• Business Requirement Analysis & Workshop Facilitation: organize and facilitate workshops; collaborate with Product Owner to decompose requirements; draft Functional Specifications; maintain traceability.
• Process Analysis & Change Management: analyze processes; define optimized target processes; identify gaps; support adoption; ensure alignment with objectives.
• Data Analysis & System Integration: identify data sources; map data transformations; document lineage; support migration and reconciliation.
• Application Mapping & Impact Analysis: map app flows; assess project impacts on integrations; coordinate with tech teams; document interfaces.
• Stakeholder Collaboration & Communication: liaise between business users and technical teams; provide L3 functional support; foster cross-team collaboration.
• Testing Strategy & QA: define testing strategy; contribute to BDD scenarios; participate in integration testing and UAT; assess production SLAs/OLAs.
• Production Deployment & Support: participate in go-live prep; define prerequisites; deliver training; monitor production and gather feedback.
• Knowledge Management & Enablement: build team knowledge; train new members; maintain documentation; promote reuse.

Skills

Business Analysis

Stakeholder Management

Communication Skills

Jira

Python

Excel

SQL

GitHub Copilot

AI/ML basics

Education

Master or Bachelor’s degree in CS/IT/Systems Analysis

Tools

Orchestrade

MarkitWire

Bloomberg

Reuters/Refinitiv

Elasticsearch

Kibana

Docker

Kubernetes

GitOps

Jira

Job description

Project details

Our client is the corporate and investment banking arm of The Group, world's 10th largest bank by total assets.

Their Singapore center is the 2nd largest IT setup (after Paris head office) for their worldwide business. They work daily with international branches located in 30 markets by:

• Envisioning and preparing the Bank's futures information systems.
• Partnering and supporting core banking flagships and transverse areas in their large-scale development projects.
• Providing premium In-house Banking applications,
• This unique positioning empowers us to bring our core banking business a sustainable competitive advantage on the market.

We seek innovative and agile people sharing our mindset to support ambitious and forthcoming technological challenges.

We are seeking a talented Business Analyst in front office, project mode as well as maintenance, and to support the "run the bank" function. It requires a deep understanding of the nature of business operations, timing of activities & data flowing through internal and external systems. The build and support team continuously works with business users, infrastructure engineers and system managers.

The Business analyst will work on pre-trade application used to pre-book and book Rates deals. Key activities include developing features that facilitate RFQ workflows between Sales and Traders, enabling efficient communication and deal negotiation. The role involves implementing real‑time pricing, deal validation logic, and ensuring seamless integration with downstream booking systems. Close collaboration with Sales and Trading stakeholders is essential to enhance the RFQ experience and support the complete deal lifecycle.

Responsibilities

• Business Requirement Analysis & Workshop Facilitation:
  • Organize and facilitate business workshops to collect and analyze requirements
  • Collaborate with the Product Owner to prioritize and decompose requirements into detailed user stories
  • Draft comprehensive Functional Specification documents with clear acceptance criteria
  • Maintain traceability between business needs and technical implementation
• Process Analysis & Change Management
  • Analyze existing business processes and define optimized target processes
  • Identify process gaps and transformation opportunities
  • Define change management needs and support organizational adoption
  • Ensure alignment between process redesign and business objectives
• Data Analysis & System Integration:
  • Identify golden sources of data across the enterprise landscape
  • Specify data mappings and transformations between systems
  • Document data lineage and ensure data quality requirements
  • Support data migration and reconciliation activities
• Application Mapping & Impact Analysis:
  • Map application flows and dependencies within the PRICE ecosystem
  • Assess project impacts on upstream and downstream system integrations
  • Coordinate with technical teams to ensure seamless integration
  • Maintain documentation of system interfaces and data flows
• Stakeholder Collaboration & Communication:
  • Maintain regular contact with developers to ensure requirements are well understood and correctly implemented
  • Act as liaison between business users and technical teams
  • Provide L3 functional support for complex issues
  • Foster collaboration between business stakeholders, Product Owner, and development team
• Testing Strategy & Quality Assurance:
  • Define comprehensive testing strategy aligned with project scope
  • Contribute user scenarios for BDD (Behavior-Driven Development) activities
  • Participate actively in integration testing
  • Organize and conduct User Acceptance Testing (UAT) sessions
  • Assess functional change impacts on current production SLAs and OLAs
• Production Deployment & Support:
  • Participate in production start-up activities and go-live preparation
  • Define functional prerequisites for deployment and post-deployment validation
  • Deliver user training sessions and create training materials
  • Ensure post-production follow-up and provide ongoing functional support
  • Monitor production performance and gather user feedback for continuous improvement
• Knowledge Management & Team Enablement:
  • Build and maintain functional knowledge within the team in partnership with the PO
  • Provide functional training and onboarding for new team members
  • Maintain functional documentation and knowledge base for the PRICE application
  • Research existing solutions to avoid duplication and promote reuse

Requirements

• Master or Bachelor’s degree in Computer Science/ Information Technology/ Programming & Systems Analysis/ Science (Computer Studies) faculties.
• 8+ years of experience as a Business Analyst in market finance, with specific expertise in Front Office Fixed Income Rates products
• Interest Rate Derivatives Expertise:
  • Deep expertise in Interest Rate Derivatives products (Interest Rate Swaps, Swaptions, Caps/Floors, FRAs, etc.)
  • Strong knowledge of pre-trade trading workflows and RFQ (Request For Quote) systems capture
  • Understanding of pricing models, yield curves, and risk metrics (DV01, duration, convexity)
  • Knowledge of Rates market conventions and day count conventions
• Trading Systems & Platforms:
  • Knowledge of Front Office/Risk management systems (e.g., Orchestrade)
  • Familiarity with the MarkitWire Platform
  • Understanding of trading lifecycle from pre-trade through settlement
  • Experience with external data sources like Bloomberg and Reuters/Refinitiv
• Market Data & Standards:
  • Relevant experience with FPML (Financial Products Markup Language) format
  • Expertise in static market data including reference data, price data, and market conventions
  • Knowledge of data types, sources, and uses within financial systems
• Technical Proficiency:
  • Knowledge in Python for analytics and automation
  • Proficiency in SQL and Excel for data manipulation and analysis
  • Knowledge of DevOps practices (GitOps, Docker, Kubernetes)
  • Familiarity with monitoring and alerting tools (Elasticsearch, Kibana)
  • Ability to work with complex data structures and perform data quality analysis
• Communication & Collaboration:
  • Excellent written and verbal communication skills
  • Ability to communicate effectively with multi-cultural team members
  • Strong interpersonal skills and proven team player mentality
  • Strong stakeholder management and facilitation skills
  • Experience with Jira or similar issue-tracking systems
• Demonstrated ability to effectively utilize AI-powered tools (e.g., GitHub Copilot) to enhance productivity and problem-solving capabilities
• Understanding of AI/ML fundamentals including prompt engineering, model limitations, and best practices for human-AI collaboration
• Experience in evaluating AI-generated outputs for accuracy, security, and alignment with business requirements
• Ability to identify opportunities for AI integration and automation within existing workflows and processes