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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Company - Private
Synechron - Business Analyst: Foreign Exchange & Local Markets - BELFAST
Synechron ✓ Verified Employer

Business Analyst: Foreign Exchange & Local Markets - BELFAST

Verified Base Compensation
£76,454 - £83,984 / year
£6,371 - £6,999 / mo Apply Now →
Official Specifications

Role Overview & Mandate

Executive Summary

The Operations Technology (Ops Tech) Team at a tier-1 bank is looking for a Business Analyst to work in Operations and Regulatory Technology...

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The Operations Technology (Ops Tech) Team at a tier-1 bank is looking for a Business Analyst to work in Operations and Regulatory Technology area to support existing projects and contribute to a wide array of new projects ranging from designing new functionalities on back office application, processing systems, risk management systems and interfacing with multiple business applications.


Operations and Regulatory Technology function within the banks global FXLM business is responsible for designing, developing and supporting both client facing and internal applications for Operations and Regulatory Technology. The applications ensure seamless settlements, payments, accounting and Regulatory reporting of trade events. The suite of Ops Tech applications is built on cutting edge technologies enabling seamless operations of high volume transactions across the globe.


There is a wide array of projects that are ongoing within Operations and Regulatory Technology space and the Business Analyst will get an exposure to all facets of FX / MM/ Fixed Income and Derivatives Business, Trade Processing and Risk Management, whilst working closely with different business units.


  • Work with stakeholders in Trading Business, Operations, Finance, Product Control, Technology and PMO to run meetings, coordinate and gather business requirements
  • Work with stakeholders across Business lines, for transformation projects to understand their business and process
  • Understand current business process and provide functional design inputs for the proposed technology solution
  • Create high quality documentation for Business and Functional Requirements
  • Manage traceability of requirements from BRD till Test Plan / Results
  • Analyse huge data sets, create flow diagrams, prepare high level summaries and workflows
  • Work in close co-ordination with the development leads on enhancements and defects, and assist with troubleshooting / resolution of application defects
  • Engage successfully with software developers and testers to ensure quality delivery, on time
  • Plan, estimate, manage risks and issues, project reporting, managing stakeholders, and building strong relationships with the business
  • Assist in project execution through JIRA, providing tracking to technical teams and status updates to internal and business stakeholders


Subject Matter Expertise / Technology Partnership

  • Shape the strategic architecture for the application by working closely with the development leads and by defining solutions that are robust and aligned with the technology roadmap
  • Develop best practices to be used in evaluating, selecting and implementing technologies for use within FXLM technology more broadly
  • Monitor new developments in data visualisation and analysis technology in the industry more generally, and provide recommendations about new technology adoption
  • 5-6 years’ experience as Business Analyst with any Investment/ Global Bank in Foreign Exchange, Trade Processing, Risk Management areas
  • Full understanding of front to back workflow for minimum of two asset classes (FX/FI/MM/Derivatives) viz., deal capture, deal execution, risk management, confirmations, accounting, settlements etc.
  • Familiarity with SDLC and Agile development methodologies
  • Knowledge of FX Options, Bonds, Rates is a plus
  • Excellent written and verbal communication skills; ability to transform business requirements into precise functional/technical specifications
  • Strong analysis skills; ability to create business analysis from scratch, ability to troubleshoot data quality issues
  • Ability to work as part of various teams and under pressure
  • Able to prioritise conflicting tasks, identifying what is essential and focusing on such
  • Positive attitude, hard-working and ability to take initiative
  • Innovative and Positive ‘Can Do’ attitude
  • Planning and Organizing – Ability to identify the steps to be taken to achieve objectives
  • Resilience – Used to working towards tight deadlines, under pressure and using appropriate coping methods to stay focused
  • Accountability –self start on goals and achieve targets

Belfast based role (x2 days as week in office) - Strong market rates - Flex start date - No sponsorship available


Synechron’s Diversity Statement

Synechron are proud to be an equal opportunity 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 encourage applicants from across diverse backgrounds, race, ethnicities, religion, age, marital status, gender, sexual orientations, or disabilities to apply. We offer flexible workplace arrangements, mentoring, internal mobility, learning and development programmes to support our global workforce. Empowerment and collaboration are at the core of how we operate.

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £76,454 - £83,984
Est. Income Tax Band 20% - 40% Progressive Bracket
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £4,587 - £4,549 / mo
Regional Economics

Cost of Living (Belfast, Northern Ireland)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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