Interim Business Analyst - Capital Markets & Collateral Management

About the role

A leading global financial services institution is running a high-profile transformation programme across its Fixed Income & Currencies (FIC) division, covering regulatory change, technology modernisation and process optimisation in trading and post-trade environments. 1st Executive is recruiting an experienced Business Functional Analyst for a 6-month interim contract based in London, working at the intersection of business, technology and change.

The role sits in the Collateral Management & Valuations function, owning business analysis and functional design across a portfolio of strategic and regulatory initiatives. It is hybrid, with 3 days in the office and 2 days at home.

Key responsibilities

• Analyse complex business requirements and turn them into clear, actionable functional specifications.
• Design and optimise operating models across collateral, margin, valuations and post-trade operations.
• Support regulatory initiatives, platform transformation and business process improvement.
• Work with Trading, Operations, Technology, Project Management and Software Engineering stakeholders to turn requirements into solutions.
• Develop and execute implementation roadmaps so solutions align with wider business objectives.

Required profile

• Proven business analysis experience in investment banking, capital markets or complex financial services.
• Demonstrable experience delivering regulatory change, strategic transformation or technology-led improvement programmes.
• Ability to engage senior business stakeholders, challenge existing processes and work with technical delivery teams.

Required skills

• Bilateral and cleared OTC derivatives, repo, securities financing transactions (SFT) and listed derivatives.
• Collateral and margin management, valuations, market data and end-to-end post-trade processing.
• Requirements gathering, functional specification and process design.

What we offer

• Rate of up to £600 per day, inside IR35.
• 6-month contract starting as soon as possible, expiring 3 December 2026.
• Exposure to a major global financial institution's transformation, regulatory and technology change.