Ascendion

Technical Business Analyst

Posted: 2 minutes ago

Job Description

We are seeking an experienced Technical Business Analyst to join our FX Options Technology team. The successful candidate will have extensive experience in front-office FX Options systems, with a focus on pricing engine development, trader contribution tools, and electronic and voice trading workflows. The role involves close collaboration with trading, quantitative, and technology teams to deliver robust, scalable, and regulatory-compliant solutions for a tier-one sell-side institution.Key ResponsibilitiesPartner with FX Options traders, quants, and developers to define and deliver system enhancements across pricing, risk, and trade execution platforms.Lead business analysis for the construction and enhancement of pricing engines, including volatility surfaces, pricing models, and calibration frameworks.Design and document requirements for trader contribution and distribution tools to support both electronic and voice trading workflows.Collaborate with quant and dev teams on pricing distribution architecture across downstream systems (market-making, auto-hedging, RFQ, eTrading).Manage regulatory and control-driven projects, ensuring compliance with MiFID II, EMIR, and internal risk frameworks.Support system integration and implementation efforts across front, middle, and back-office functions.Coordinate UAT and assist in production rollout, ensuring alignment with business priorities and operational readiness.Drive continuous improvement in system performance, data quality, and workflow automation.Required Skills & Experience5+ years of experience as a Technical Business Analyst in FX Options or other derivatives within a major sell-side institution.Proven track record of involvement in implementation or greenfield build-outs of FX Options pricing or risk systems.Solid understanding of FX Options products, including vanilla and exotics, pricing concepts (e.g. Black-Scholes, volatility surfaces, Greeks), and market conventions.* Experience with electronic trading workflows, RFQ, and voice trading tools for price contribution and execution.Knowledge of regulatory frameworks impacting FX Options (MiFID II, EMIR, Volcker, etc.).Strong technical literacy—familiarity with Python, C++/Java, SQL, and API integrations.Excellent analytical, documentation, and stakeholder management skills.Ability to translate complex business requirements into clear functional specifications and work closely with developers and quants.Desirable SkillsExperience with Murex, Calypso, or other front-office trading systems.Exposure to quantitative model integration and market data management.Understanding of microservices architectures, real-time data distribution, and cloud-based solutions.Background in Agile delivery methodologies and DevOps practices.

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