Maarut

Business Analyst, Derivatives Onboarding (Capital Markets)

Maarut Montreal, Quebec, Canada

Software Development · 11-50 employees

4 d ago
business-analyst Senior (5-10 yrs) Contractor Canada
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About the role

The business analyst will lead the derivatives onboarding pillar within a transformation program, managing the end-to-end client journey from qualification to activation. They are responsible for documenting requirements, facilitating cross-functional workshops, and ensuring alignment across multiple program pillars.

What they look for

Business Analysis Derivatives Capital Markets Client Onboarding Requirements Engineering Agile Jira Confluence ISDA Credit Support Annexes Process Modelling Regulatory Compliance Stakeholder Management Traceability Matrices Use Cases

Requirements

Candidates must have extensive experience in capital markets derivatives, including client onboarding and lifecycle management. Proficiency in requirements engineering, Agile methodologies, and regulatory documentation such as ISDA is essential for this role.

Full description

Mandate Overview:

  • The client is looking for two senior business analysts for

the Derivatives Onboarding pillar of a transformation program that also covers client master data and client lifecycle and compliance management. The target journey runs from counterparty qualification through activation on trading platforms and is currently fragmented across multiple systems and manual interventions. The value of the profile lies in combining three areas of expertise rarely found together: business knowledge of derivatives and their contractual and regulatory framework, end-to-end analysis of a client journey with six functions (Front, Middle and Back Office, Credit, Compliance, Legal), and rigorous requirements engineering in an Agile context. The role also requires alignment with analysts on the other two pillars and ease with executive stakeholders. Advanced English is required in addition to French.

  • Candidate sought: a senior business analyst who has

delivered at least one project on onboarding or client lifecycle for derivatives clients (rates, FX or equity) in Capital Markets, with ISDA, credit support annexes and reporting requirements on record. They produce requirements registers, use cases and traceability matrices themselves, and facilitate cross-functional workshops through to decision.

Requirements

Required:

  • Experience on derivatives topics (rates, FX or equity),

including client onboarding and account opening or client lifecycle

  • Knowledge of derivatives, related contractual documentation

and governing regulations

  • Documenting an end-to-end client lifecycle with Front

Office, Middle Office, Back Office, Credit, Compliance and Legal

  • Writing requirements, use cases and traceability matrices,

process modelling

  • Understanding of IT and Agile, proficiency with Jira and

Confluence

  • Command of French, spoken and written
  • Advanced English

Preferred:

  • Communicating with executive stakeholders and steering

discussions toward decisions

  • Managing ambiguity and dependencies across multiple program

pillars

Asset:

  • Capital Markets platforms (Murex, ION/Fidessa, Bloomberg or

similar)

  • Transformation of a client onboarding journey in a financial

institution, including journey orchestration and document automation

  • KYC/KYB requirements for institutional and corporate clients
  • Banking or highly regulated environment
  • Business analysis certification (CBAP, PMI-PBA)

Profiles to Exclude:

  • Banking business analyst whose projects cover retail clients

(accounts, loans, cards), with no Capital Markets project.

  • Capital Markets profile with no demonstrated project on

interest rate, FX or equity derivatives.

  • KYC or compliance operations analyst with no business

analyst role in project delivery.

  • Configuration or support profile on a trading platform (e.g.

Murex) with no end-to-end client journey analysis.

  • PO or Scrum Master profile with no requirements register,

use cases or traceability matrix on the resume.

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