Operations Business Analyst - Product Build

G MASS are partnering with a leading, high-growth Investment Bank in the Middle East to appoint a Senior Business Analyst. This is an exciting opportunity to play a key role in the build-out of new markets products, working across front-to-back operations, technology, and risk to design and implement scalable operating models. The successful candidate will operate at the heart of change, driving requirements, stakeholder engagement, and delivery within a dynamic and expanding banking environment.

You will be working with the Front Office (Head of trading / Traders) to test and then implement the model.

• Design, document and implement end-to-end operational workflows for launch of NDFs, FX & Bond Futures, TRS, CDS, IRS, Equities Risk, and Repo/Reverse Repo.
• Map full trade lifecycle: execution, confirmation, settlement, margining, lifecycle events, reconciliations, and reporting.
• Gather requirements and produce BRDs/FSDs, process maps, booking models, and data specifications.
• Partner with IT to configure trade capture, clearing, settlements, collateral, accounting and reporting flows.
• Lead UAT (test cases, defect tracking, sign-off) and coordinate implementation.
• Establish reconciliation frameworks (cash, positions, P&L, collateral) and daily control reporting.
• Define margin call and collateral workflows (bilateral and cleared).
• Ensure transaction reporting and regulatory obligations are operationally embedded.
• Act as Operations SME in product approval forums and manage stakeholder engagement across FO, Risk, Finance, Treasury and external vendors.

• 7+ years in Markets Operations / Change / Business Analysis.
• Experience onboarding derivatives and/or securities financing products.
• Strong understanding of OTC and listed product life cycles (settlement, resets, credit events, margining).
• Excellent capital market product and operational knowledge not limited to:
• NDFs, FX & Bond Futures, TRS, CDS, IRS, Equities Risk, and Repo/Reverse Rep
• Prior knowledge/use of Fin Mechanics desirable but not a necessity
• Proven ability to write clear BRDs/FSDs and manage UAT.
• Knowledge of trade booking models, reconciliations, and accounting impacts.
• Strong controls mindset and operational risk awareness.
• Comfortable working with front to back stakeholders and working to tight deadlines

Length: 6 months rolling contract

Rate: competitive day rate, to be discussed