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Commodities Business Analyst

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Commodities Business Analyst

  • Location:


  • Sector:

    Agile, Scrum & DevOps

  • Job type:


  • Salary:

    £600 - £700 per day + (Inside IR35)

  • Contact:

    Sanjee Santhakumar

  • Contact email:

  • Job ref:


  • Published:

    about 1 month ago

  • Duration:

    6 Months

  • Expiry date:


  • Startdate:


My leading financial services client are looking to bring on an Commodities Business Analyst with experience supporting regulatory change projects.

Essential skills:

  • First hand Commodities experience covering Energy lines of business.
  • Comprehensive understanding of OTC Derivative Products and their life cycle
  • Knowledge of Initial Margin (IM) rules, concepts and processes/workflows also including Variation Margin (VM).
  • Knowledge of OTC bilateral derivatives collateral.
  • Demonstrable experience working as a Business Analyst within change projects in Commodities and/or Financial Service organisations.
  • Ability to "own" and drive Business Requirements elicitation, Functional Specification documentation and explanation - working closely with business stakeholders and IT Developers.
  • An understanding of the IT project lifecycle: Waterfall methodology and processes along with an appreciation of Agile methods.
  • Comfortable working in hybrid local/global resourced projects along with globally located colleagues/stakeholders and in house/external project participants.

Desirable skills

  • Demonstrable experience of UMR (Phase 1 - Phase 5).
  • Experience of Tri-Party/3rd Party Custodian frameworks and models.
  • Experience working with key IM 3rd Party Vendors e.g. TriOptima, Acadia Soft etc.
  • Knowledge/experience of LME (London Metal Exchange) products/processes.
  • Exposure to bespoke Commodities Trading and Risk Management Systems across the industry as well as vendor platforms such as Openlink Endur.
  • Significant exposure to the Front-to-Back trade lifecycle, with demonstrable deep knowledge of Commodity trading across Metals, Energy and Emissions derivative products
  • Working knowledge and hands-on experience of using SQL (data and object model concepts) to interact with complex data sets held in relational databases.
  • FX Product knowledge.
  • MS PowerPoint / Visio skills

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.