Functional Analyst - Financial Markets FX

About the role

An experienced Functional Analyst is sought for a Financial Markets FX project team. The role bridges business stakeholders and the development team, covering requirements analysis, functional design, workstream ownership, and solution testing in the FX domain.

Requirements

• At least 2 years of experience as a Functional Analyst, Business Analyst, or similar role in a Financial Markets or Capital Markets environment

• Solid knowledge of FX products and market conventions: spot, forwards, swaps, options, NDFs, and related instruments

• Proven ability to elicit, document, and analyse business requirements from diverse stakeholders

• Experience translating business requirements into clear functional and technical specifications (user stories, process flows, data mappings, use cases)

• Ability to work closely and effectively with software development teams throughout the full project lifecycle

• Familiarity with software testing methodologies: test planning, test case design, SIT, UAT coordination, and defect management

• Strong ownership mindset, comfortable leading individual project workstreams and managing deliverables independently

• Fluent English, both written and verbal

• Experience working with treasury or trading platforms such as Murex, Calypso, or Kondor+

• Experience with electronic trading platforms or ECNs (e.g. 360T, FXall, Bloomberg FXGO)

• Familiarity with FX-related protocols and standards: FIX, SWIFT

• Knowledge of front-to-back FX trade flow: execution, confirmation, settlement, and reconciliation

• Understanding of regulatory frameworks relevant to FX trading (e.g. EMIR, MiFID II)

• Experience working in Agile/Scrum or hybrid project delivery environments

• Exposure to data analysis tools (SQL, Excel, Power BI) for requirement validation and testing support

• Practical use of AI-assisted tools for documentation, requirement analysis, or test case generation

Responsibilities

1. 1

   Gather, analyse, and document business and functional requirements in close collaboration with business stakeholders and subject matter experts

2. 2

   Design functional solutions for FX applications, covering process flows, data models, and system behaviour specifications

3. 3

   Translate business requirements into detailed functional and technical documentation consumable by the development team

4. 4

   Act as the primary point of contact between business and technology for assigned project workstreams

5. 5

   Lead and manage selected project workstreams, coordinating tasks, tracking progress, and escalating risks where needed

6. 6

   Plan and execute functional testing activities, including preparation of test cases, execution of SIT and UAT, and management of defect resolution

7. 7

   Participate in solution walkthroughs