Operations Business Analyst - New Product Build at G MASS

Muscat, Muscat Governorate, Oman -

Full Time

Start Date

Immediate

Expiry Date

04 Jun, 26

Salary

0.0

Posted On

06 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Analysis, Workflow Design, Trade Lifecycle Mapping, Requirements Gathering, BRD/FSD Production, UAT Leadership, Stakeholder Engagement, Operational Risk Awareness, Derivatives Onboarding, Securities Financing, OTC Products, Listed Products, Trade Capture Configuration, Collateral Management, Transaction Reporting, SME Support

Industry

IT Services and IT Consulting

Description

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. Responsibilities: 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 lifecycles (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

Responsibilities

The role involves designing, documenting, and implementing end-to-end operational workflows for launching new products like NDFs, FX & Bond Futures, and various derivatives, while mapping the full trade lifecycle from execution to reporting. Key duties include gathering requirements, partnering with IT for system configuration, leading User Acceptance Testing (UAT), establishing reconciliation frameworks, and ensuring regulatory obligations are embedded.