Business Analyst – Clearing House

4752115
  • Job type

    Contract
  • Location

    London
  • Working Pattern

    Full-time
  • Specialism

    Business Analyst
  • Industry

    Banking & Financial Services
  • Pay

    £800-£850 via Umbrella

Business Analyst – Clearing House – Interest Rate Derivatives


Location: London (Hybrid – 3 days in office)
Duration: Initial 6 months
Rate: £800-£850 via Umbrella

About the Role
Join a leading global clearing house as a Senior Risk Business Analyst and play a key role in delivering risk-related change initiatives for one of the most critical clearing platforms in the financial markets. This is an exciting opportunity to work on projects that support the resilience and scalability of a systemically important service used by major financial institutions worldwide.

What You’ll Do
  • Collaborate with Product Owners and Scrum teams to deliver risk projects in an Agile environment.
  • Gather and document business requirements, write user stories, and define acceptance criteria.
  • Perform risk analysis and validate solutions against the Interest Rate Derivatives Risk framework.
  • Support functional and technical testing, including risk validation and automation improvements.
  • Engage with stakeholders across Risk, Technology, and Operations to ensure alignment and governance.
What We’re Looking For
  • Strong understanding of interest rate derivatives (swaps, FRAs) and risk management principles.
  • Experience with risk calculations, sensitivities, and valuation techniques.
  • Hands-on skills in data analysis, SQL, and advanced Excel.
  • Excellent communication and stakeholder engagement skills.
  • Familiarity with Murex or similar systems is desirable.
  • Knowledge of other asset classes (FX, credit, commodities) and Python/VBA is a plus.


If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Apply for this job

Talk to Tom Oldroyd, the specialist consultant managing this position

Located in London-City, 5th Floor, 107 Cheapside, Telephone 0333 010 7139
Click here to access our Privacy Policy, which provides detailed information on how we use and protect your personal information, and your rights in relation to this.