Senior Business Analyst – FX Derivatives & Risk Management Expertise

Job Summary

Synechron is seeking an experienced Associate Specialist in Business Analysis to support our trading, risk, and operational teams. The ideal candidate will have in-depth knowledge of front-office risk and trade processing within FX options or other derivatives. You will serve as a key link between business stakeholders and technical teams, analyzing requirements, identifying solutions, and ensuring efficient processes. Your insights will directly contribute to managing risk exposure, optimizing trade processing workflows, and ensuring regulatory compliance in a fast-paced, high-stakes environment.

Software Requirements

Required Skills:

• Strong understanding of front-office risk management and trade processing in FX options or derivatives

• Proficiency in business analysis tools and methodologies

• Experience with Python programming (desirable) for data analysis or automation tasks

• Familiarity with financial modeling and valuation systems related to FX options and derivatives

• Use of MS Office Suite (Excel, Word, PowerPoint) at an advanced level for reporting and analysis

• Knowledge of trade capture, confirmation, and risk systems used in trading environments

Preferred Skills:

• Experience with automation scripting or data analysis in Python

• Familiarity with risk management platforms and market data systems

• Exposure to regulatory reporting tools and processes

Overall Responsibilities

• Act as a liaison between business stakeholders and technical teams to gather, analyze, and document trade-processing and risk management requirements

• Conduct detailed business analysis to identify process improvements and technical solutions for FX options and derivatives trading workflows

• Assist in designing and testing enhancements to risk systems or trade processing platforms, ensuring alignment with industry and regulatory standards

• Provide insights into system performance, risk exposure, and operational efficiencies

• Support the implementation of automation initiatives in trade processing and data analysis using Python or other tools

• Identify issues, troubleshoot root causes, and coordinate resolution efforts in live trading and risk environments

• Prepare detailed documentation, including functional specifications, process maps, and testing plans

• Collaborate with traders, risk managers, and technical teams to ensure timely project delivery and stakeholder satisfaction

• Maintain awareness of industry trends, new risk management tools, and compliance requirements impacting FX and derivatives markets

Technical Skills (By Category)

Business Analysis & Functional Knowledge:

• Required: Strong knowledge of front-office FX options and derivatives trade processing, risk management, and operational workflows

• Preferred: Experience working with market data and pricing models in FX and other derivatives

Programming & Data Analysis:

• Required: Python scripting skills for data analysis, automation, or scripting tasks (desirable but not mandatory)

• Preferred: Knowledge of SQL or other data query languages for reporting and data extraction

Tools & Processes:

• Required: Expertise in business analysis methodologies, requirements gathering, process mapping, and stakeholder communication

• Preferred: Familiarity with Agile/Scrum development processes

Systems & Platforms:

• Understanding of trade capture, confirmation, valuation, and risk systems used in financial institutions

• Exposure to market data platforms and regulatory reporting tools

Experience Requirements

• 7+ years of experience in business analysis within the financial sector, particularly in FX trading, risk, or derivatives processing

• Proven track record of supporting front-office functions for FX options or related derivatives

• Experience working in high-pressure, dynamic trading environments with strict compliance and risk controls

• Alternative experience pathways: candidates with extensive operational or risk management backgrounds combined with strong analytical and communication skills will also be considered

Day-to-Day Activities

• Engage with traders, risk managers, and technical teams to capture and refine business requirements

• Analyze existing trade processing workflows, identify bottlenecks or risks, and propose improvements

• Develop functional specifications and communicate technical solutions clearly to both technical and non-technical stakeholders

• Support testing, validation, and deployment of system enhancements

• Troubleshoot live system issues, coordinate incident resolution, and implement corrective actions

• Prepare reports on risk exposures, trade metrics, and process efficiencies

• Participate in sprint planning, review, and other Agile ceremonies

• Maintain documentation for processes, system configurations, and requirements

• Stay informed of market developments affecting FX options, derivatives, and risk management practices

Qualifications

• Bachelor’s degree in Finance, Business Administration, Computer Science, or related field

• Professionally recognized certifications such as CFA, FRM, or Business Analysis certification (preferred)

• Extensive experience in front-office FX or derivatives risk management, trading operations, or related roles

Professional Competencies

• Strong analytical and problem-solving skills, with an eye for detail

• Excellent communication, articulation, and persuasive skills

• Ability to manage priorities effectively in a fast-paced environment

• Strong team player with proactive attitude and ownership mindset

• Adaptability to changing requirements and evolving regulatory landscape

• Capacity to explain complex technical or financial concepts clearly to diverse audiences

S​YNECHRON’S DIVERSITY & INCLUSION STATEMENT
 

Diversity & Inclusion are fundamental to our culture, and Synechron is proud to be an equal opportunity workplace and is an affirmative action employer. Our Diversity, Equity, and Inclusion (DEI) initiative ‘Same Difference’ is committed to fostering an inclusive culture – promoting equality, diversity and an environment that is respectful to all. We strongly believe that a diverse workforce helps build stronger, successful businesses as a global company. We encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We empower our global workforce by offering flexible workplace arrangements, mentoring, internal mobility, learning and development programs, and more.

All employment decisions at Synechron are based on business needs, job requirements and individual qualifications, without regard to the applicant’s gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law.

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