Senior IT Business Analyst - Trading Systems/FIX Protocol

Senior IT Business Analyst - Trading Systems & Derivatives | Contract

We're seeking an experienced Business Analyst with a strong background in Commodity Trading, Capital Markets, or Investment Banking to join a long-term trading systems programme.

• 6-month initial contract
• Inside IR35
• Hybrid working
• Potential for the programme to run for up to 3 years

Key Responsibilities

• Act as the bridge between business stakeholders and technical delivery teams.
• Gather, analyse, and document business and technical requirements.
• Facilitate workshops and stakeholder discussions to translate business needs into technical solutions.
• Analyse and map RFQ, order, and trade life cycles to improve trading system efficiency and quality.
• Support troubleshooting and issue resolution across development, support, and business teams.
• Serve as the subject matter expert for trading systems initiatives.
• Work closely with business users, developers, QA, infrastructure, and production support teams.
• Contribute to the delivery of scalable and compliant algorithmic trading solutions.
• Support regulatory and compliance-related initiatives across trading platforms.

Required Industry Experience

• Minimum 8 years' experience within:
• Commodity Trading & Price Risk Management
• Capital Markets
• Investment Banking
• Strong understanding of global futures exchanges.
• Deep knowledge of the exchange-traded derivatives life cycle.
• Experience with market data providers such as Bloomberg, Refinitiv, and similar platforms.
• Familiarity with financial regulations including:
• MiFID II
• EMIR
• FCA regulations

Essential Skills

• Strong experience with trading systems, OMS/EMS platforms, and third-party trading networks.
• Knowledge of platforms such as:
• TT (Trading Technologies)
• NYFIX
• Bloomberg
• TradingScreen
• Experience with FIX protocol and FIX engineering.
• Understanding of the full trading life cycle, including:
• Order capture and execution
• Allocations
• Settlement
• Compliance workflows
• Experience with market data systems and instrument static data.
• Strong application support, deployment, and vendor management experience.
• Exchange certification and trading application support expertise.
• Experience working across Windows and Linux environments.

Technical Skills

• Scripting and development experience in one or more of:
• Python
• PowerShell
• C#
• SQL
• Experience with messaging systems.
• Ability to troubleshoot and debug network protocols including TCP and multicast.
• Experience leveraging AI-assisted tools to improve requirements gathering, documentation quality, and delivery efficiency.

Ideal Candidate

• Excellent analytical and problem-solving abilities.
• Strong stakeholder management and communication skills.
• Comfortable working directly with traders, developers, and senior business stakeholders.
• Able to thrive in a fast-paced, high-pressure trading environment.
• Self-motivated, proactive, and adaptable.
• Capable of managing changing priorities and tight delivery deadlines.

If you're an experienced Business Analyst with strong trading systems expertise and a background in derivatives markets, we'd love to hear from you.