Product Analyst - Interest Rate Derivatives - Banking & Finance
- Location London
- Job type Contract
- Salary Market related
- Discipline Financial Services
- Reference J90196
About the Company
We are partnering with a leading banking client to strengthen their Interest Rate Derivatives team within the Front Office function. The team is focused on delivering innovative financial solutions while ensuring operational excellence across trading activities.
This is an exciting opportunity to join a high-performing team in a fast-paced and dynamic environment.
About the Role
We are seeking an experienced Product Analyst with deep knowledge of financial products, Front Office business functions, and operational processes.
The successful candidate will act as a bridge between business and technology, translating complex requirements into actionable solutions, supporting trading teams, and driving efficient delivery across the function.
Key Responsibilities
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Collaborate with Product Owners and stakeholders to gather, analyze, and document business requirements, including both functional and non-functional needs.
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Translate complex Front Office business requirements into actionable deliverables, ensuring clarity for technology and operations teams.
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Participate in Scrum ceremonies including sprint planning, stand-ups, backlog grooming, and retrospectives.
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Manage and maintain Jira boards, dashboards, and Management Information (MI) reporting to track project progress and team performance.
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Engage with cross-regional stakeholders, ensuring alignment and effective communication across multiple geographies.
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Support and drive User Acceptance Testing (UAT) across Front Office functions, ensuring new processes and system changes meet business needs.
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Analyze large datasets to provide insights and support decision-making.
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Maintain a deep understanding of Interest Rate Derivatives products and trading workflows to provide accurate and practical solutions.
Qualifications
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Minimum of 5 years’ experience supporting trading teams or working within a Front Office function at a large banking institution.
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Previous experience in a product-focused role within financial services, preferably in Interest Rate Derivatives.
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Strong understanding of Front Office operational processes and trading lifecycle.
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Proven track record of working with cross-functional and cross-regional teams.
Required Skills
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Strong experience with reporting and data analysis tools such as Power BI, Python, or SQL.
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Proficiency in handling and analyzing large datasets.
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Excellent communication skills, both written and verbal, with the ability to simplify complex concepts for diverse audiences.
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Strong problem-solving skills with a proactive and detail-oriented approach.
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Experience managing Jira boards, dashboards, and reporting metrics.
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Comfortable working in an Agile environment and participating in Scrum ceremonies.
Desirable Attributes
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Prior experience working with Front Office trading systems or financial platforms.
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Knowledge of risk management processes related to Interest Rate Derivatives.
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Ability to work independently and manage multiple priorities in a fast-paced environment.