Business Analyst - Fixed Income

External listing

Luxoft

Not specified•ONSITE•PERM•SENIOR•BA

ETRM Role Details

ETRM Packages: Murex
Minimum Experience: 5 years

Job Description

Project Description:

An opportunity is available for a Fixed Income Integration Business Analyst to join our client, a leading Australian financial institute, as a key contributor to the implementation and configuration of Bond and Repo products. This role involves integrating trade flow from upstream interfaces, security static data setup, and managing end-to-end fixed income settlements. The successful candidate will work at the intersection of business and technology, ensuring seamless trade lifecycle management from execution through to settlement.

Responsibilities:

  • Serve as the Business Analyst for Fixed Income Integration workstreams, covering Bond and Repo product setup, trade lifecycle, and settlement on the client's clearing/risk platform.
  • Configure and validate Bond static data setup sourced from external agencies like Blomberg, Refinitiv
  • Manage integration of Bloomberg TOMS and VCON trade flows into the trading platform defining trade capture requirements, message mapping, FIX/API specifications, and exception handling.
  • Define and document requirements for Bloomberg Data License (DL) feeds — security reference data, pricing, corporate actions, yield curves — and their consumption by downstream risk and settlement systems.
  • Support the full Bond and Repo trade lifecycle from trade capture, validation, enrichment, position management, through to netting and settlement instruction generation.
  • Define and validate SWIFT settlement messaging requirements covering Secuirty, Cash settlements
  • Perform gap analysis between current-state and target-state for fixed income trade processing, static data management, and settlement workflows.
  • Facilitate workshops with Front office, Operations, and Technology teams to elicit requirements and validate integration designs.
  • Support UAT and end-to-end testing of trade flows, static data loads, and settlement message generation.

Mandatory Skills Description:

  • 5+ years of experience in Capital Markets with a strong focus on Fixed Income (Bonds and Repos).
  • Understanding of various bond products like Fixed / Floating Rate, T-Bills, Zero Coupon and Asset Backed.
  • Understanding of Repo-specific processing open vs term repos, repo rate conventions, haircuts, close leg generation, substitution.
  • Excellent knowledge of the Bond and Repo trade lifecycle pricing, trade capture, confirmation and settlement.
  • Hands-on experience with Bond static/security master setup from interfaces like Blomberg / Refinitiv, reference data sourcing.
  • Good understanding of security settlement models, netting, and CSD/custodian interactions
  • Strong understanding of SWIFT MT 540–548 settlement messages, message structure, matching rules, and settlement status workflows.
  • Experience with integration design defining interface specifications, data mapping, FIX protocol, API connectivity, and file-based feeds between front-office and post-trade systems.
  • Familiarity with Bloomberg TOMS and/or Bloomberg VCON for trade order management and trade capture in fixed income.
  • Demonstrated experience in business analysis requirements elicitation, User story preparation, data flow documentation, and stakeholder facilitation.
  • Strong analytical and problem-solving skills with attention to data quality and reconciliation.
  • Strong communication and interpersonal capabilities for effective collaboration across trading desks, operations, technology, and external custodians.
  • Experience working within Agile project environments.

Nice-to-Have Skills Description:

  • Experience with Nasdaq Calypso, Eqlipse (clearing, risk, or CSD modules), Murex or other trading platforms
  • Knowledge of SWIFT ISO 20022 (MX) messaging structure, experience in MT to MX migration.
  • Experience with CCP risk engine concepts like margining (IM/VM), VaR, position keeping for fixed income instruments.
  • Basic technical knowledge in SQL, XML, JSON for data analysis, message validation, and issue investigation.
  • CFA / FRM or other BA certifications are desirable
  • Customer Centric - understanding the needs of our internal and external customers and ensuring that solutions developed meet / exceed these needs.