Business Analyst-OTC Derivatives

Are you experienced in capital markets and derivative workflows? Apply Now!

Working with one of our top financial clients, this role calls for a Business Analyst-OTC Derivatives. This position involves supporting technology initiatives related to OTC derivatives across various asset classes. The successful candidate will collaborate closely with business and technical teams to analyze complex processes, gather requirements, and deliver scalable solutions that enhance trading, risk, and compliance functions.

Pay rate range (CAD): $47.10/hr – $56.52/hr

Responsibilities

Gather, analyze, and document business and functional requirements for OTC derivatives platforms
Create detailed data mappings, interface specifications, and acceptance criteria
Collaborate with product owners, architects, and developers to evaluate solution options and validate technical feasibility
Contribute to API specifications (REST/JSON) and perform data analysis using SQL
Support UAT planning, execution, and issue resolution, including troubleshooting defects and production issues
Facilitate release readiness and post-implementation validation through robust testing and operational controls
Build strong partnerships with Trading, Risk, Operations, Compliance, and QA teams
Effectively communicate complex technical and business concepts to diverse stakeholders
Support ongoing process improvements and regulatory reporting initiatives
Desired Skill-Set

2-3 years of experience as a Business Systems Analyst in Capital Markets
Hands-on experience with OTC derivatives and trade lifecycle processes
Proficiency in SQL and Excel for data analysis
Experience with data mapping, transformation validation, and requirements gathering (user stories, BRDs, FRDs)
Ability to support UAT and create detailed test scenarios and acceptance criteria
Strong stakeholder communication and collaboration skills
Experience analyzing production issues and performing impact assessments
Familiarity with financial institutional environments and capital markets
Nice to Have

Knowledge of FpML, FIX, REST APIs, and JSON
Programming skills in Python for data analysis
Experience with derivatives platforms such as Murex or Calypso
Data visualization tools like Power BI or Tableau
Agile methodologies (Scrum/Kanban), Jira, and Confluence
Regulatory reporting expertise (Dodd-Frank, EMIR, MiFID II, UMR, DTCC)