Rates eTrading Front Office Business Analyst PM - Investment Banking

Adlam Consulting Ltd
London, United Kingdom
£700 - £900 per day
22 Jan 2023
01 Feb 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Rates eTrading Front Office Business Analyst PM - Investment Banking

This is a business analyst and project manager role to work on the rates products electronic trading platform. This platform underpins the electronic rates activity including pricing, hedging and execution. The Business Analyst is responsible for managing the delivery of key functionalities of our Rates electronic trading applications. Rates business knowledge is essential.

Skills and Qualifications
  • Strong knowledge of Fixed Income instruments, and associated trading workflows: Government Bonds, Interest Swaps, Repos, Futures and options
  • Extensive understanding of electronic trading venues, APIs and associated dataflows: market, static and trade data.
  • Significant experience of working with the ION Trading platform is a plus
  • Top academic background in economics and/or engineering
  • At least one substantial prior experience (3y+) as a business analyst/project manager in a large organisation
  • Significant prior professional experience in support, business analysis, project and/or product management, either at a financial institution or a software house
  • Any prior experience with Scripting, debugging or software development is a welcome plus.

Key Responsibilities
  • Closely interacting with business and other quantitative research and IT teams in developing new features in the electronic trading platform and also in assisting them in the investigation of issues (eg post-event analysis, performance and scalability, latency reduction)
  • Writing actionable specs for their project, and assisting and coordinating application development and implementation among development teams;
  • Writing test plans and organising UAT phases and functional and non-regression testing
  • Gathering continuous intelligence on the product's performance, customers, problems and opportunities; and initiating functional improvements to meet changing customer needs;
  • Stimulating and advocating Digital transformation throughout the entire Fixed Income organisation.
  • Pragmatic approach to ensuring delivery on a timely basis. Get it done mentality.

Team Overview

eRates IT is a dynamic team of 30+ software developers, business analysts and testers, in charge of developing the global electronic trading platform for Fixed Income interest rates products. In-scope instruments are all electronically-traded government, inflation and more structured bonds, swaps, futures and repos in all currencies worldwide, with a specific focus on EUR and USD. In-scope electronic venues include exchanges (eg Eurex, CME), dealer-to-dealer markets (eg MTS, BrokerTec, MOT, iSwap, TradX, GLMX) and dealer-to-customer markets (eg Bloomberg, Tradeweb, BondVision). Additionally, the platform handles all trading workflows associated with customer voice enquiries, interpreted and priced via in-house analytical libraries developed in partner teams.

Team Ethos and Working Practices

The culture in the team promotes small, incremental releases with frequent addition of business value. Every business day, we release multiple components to Production - often in one region of the world first, but never delaying the same release to other regions by more than a few days. We always release from tagged trunk (no branching), thus keeping tech debt as low as possible.

We strongly encourage use of open-source industry-standard libraries such as Spring, Stateless4J, Vaadin.

We continually focus on automating our test, build, deployment and rollback operations. Our DevOps toolkit includes BitBucket, Gradle, Jenkins, Team City, SonarQube, BladeLogic or Ansible. We document pre- and post-release checks for support teams worldwide, and where needed, may conduct these with them.

All team members are accountable: everyone is expected to take individual ownership of their allocated projects. Commitment is highly valued.

We fully leverage the geographical diversity of the team, with Mumbai, London and NY team members working on shared projects, as standard.

Most projects are brownfield as opposed to greenfield. We continually introduce new components, but seldom write anything from scratch.

Our management structure is intentionally flat, to keep our operation as fluid as possible. Project teams are shaped and reshaped over time, as required by business priorities.

Inside IR35; Approximately 3 days/week in the office.

Adlam Consulting operates as an Employment Agency & an Employment Business Applicants must be eligible to work in the specified location
  • You need to sign in to save