Senior FX & Options Business Analyst (Front Office & Murex)
4 days ago
Madrid
Overview Si sus habilidades, experiencia y cualificaciones coinciden con las de esta descripción del puesto, no demore su solicitud. We are seeking a profile for the Markets area, specifically supporting the FX (Foreign Exchange) and Options (vanilla & exotic) desks. The program follows an agile delivery model, working closely with Trading and Quant teams, combining strong technical and functional expertise to ensure high-quality deliverables aligned across all geographies. As an FX Analyst, you will own the definition and analysis of business requirements, driving robust, scalable solutions within a consolidated agile team. This is an exciting opportunity to build and evolve capabilities that keep the FX and Options business competitive. The role blends technical knowledge (in-house valuation architecture, market data integration, distributed pricing) and deep functional expertise in linear and non-linear FX and Options instruments and their pricing. Core responsibilities: • Gather, structure, and prioritize business requirements from Trading, Quants and other teams (FX Cash & Options)., • Document end-to-end trade lifecycle: capture, pricing, booking, risk, lifecycle events (fixings, expiries, exercises, barrier monitoring)., • Analyze and classify errors from logs (MxML Exchange, pricing engines, market data loaders)., • Execute and document recovery procedures (reprocessing, feed replay, lifecycle event resynchronization)., • Align pricing models with internal architecture (Black-Scholes, Local Vol, Stochastic Vol: Heston/SABR; smile/skew treatment; correlation and forward points)., • Partner with Quants to integrate pricing engines and market data (FX forward curves, interest rate curves, volatility surfaces, correlation matrices)., • Produce and validate functional specifications for enhancements (risk views, Greeks, scenario analytics, P&L explain)., • Coordinate UAT including edge cases for exotics (knock-in/out, digitals, touch, quanto, multiasset)., • Murex technical knowledge: Services and other technical modules., • Murex Flexible API / MxML Exchange, • Scripting (Python / Shell (bash), Unix) for log parsing and diagnostic utilities., • Basic SQL for consistency queries (trades, market data snapshots), • Technical Skills Optional but valuable:, • Technical knowledge about parallel computing and evaluation (AWS/Azure), • Jira / Confluence (requirements & incident management)., • Log & monitoring tools (Grafana, Elastic, Kibana), • FX Products: Spot, Forward, FX Swap, NDF, NDS, multi-leg structures., • Vanilla Options: European/American, implied volatility, smile dynamics., • Exotic Options: Barrier (Up/Down In/Out), Digital, Touch/No-Touch, Asian, Cliquet, Quanto, Correlation, Structured combinations (Risk Reversals, Seagulls, Strangles, Straddles)., • Lifecycle events: fixings, premium, settlement, exercise windows, barrier observations., • Greeks: Delta, Gamma, Vega, Theta, Rho, Vanna, Volga, Charm; intraday hedging implications., • Clear communication with both technical and non-technical stakeholders., • Team Player and honest communication, • Value orientation: prioritize high impact deliverables (P&L / operational risk reduction)., • Structured analytical thinking: challenge assumptions; validate coherence across data, models, and outputs., • Critical thinking, initiative, and proactive incident handling: anticipate dependencies, surface risks early, propose improvements before they become incidents; drive resolution without constant supervision., • Proactive ownership and continuous improvement mindset., • English Fluent (minimum B2) Our expertise We provide high-impact consulting across five key domains: • Quantitative Finance — Model design, implementation and validation., • Risk & Regulatory — Risk frameworks and regulatory transformation., • Data & AI — Data optimisation and AI adoption with strong governance., • Digital & Technology — Cloud, engineering, automation and digital solutions. Built on excellence, collaboration and innovation, Quanteam partners with clients to strengthen resilience, accelerate transformation and build future-ready capabilities. Benefits & inclusion We offer a competitive UK-aligned package, including: • Competitive salary and performance bonus, • Private medical insurance, including mental health support, • Pension, • 25 days annual leave, • Schemes: Cycle to work, Perks at work, Home and tech