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92,000+ live jobsSenior Business Analyst - Swaps | Banking Sector
Remote, Madrid·Full-time·Added yesterday (last checked 30 Oct)
Our summary
- Work mode
- Remote (Madrid)
- Contract
- Full-time
- English
- Required
- Experience
- 5+ years
- Benefits
- Private health insurance, life insurance





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Skills
This job advert was originally written in Spanish.
Requirements
What we're looking for
- More than 5 years of experience as a Business Analyst in financial markets (Financial Markets / Fixed Income).
- Expert knowledge in Interest Rate Swaps (IRS), including their mechanics, valuation, and pricing.
- Experience in electronic trading, Pre-Trade, and Post-Trade processes.
- Experience working directly with traders and Front Office teams.
- Knowledge of concepts such as: Interest Rate Swaps (IRS). RFQ (Request for Quote). Bid / Ask Price. Client Tiering. Trading Venues. Pricing and valuation of derivatives.
- Experience in functional analysis, requirements gathering, and development of use cases.
- Experience working with Agile methodologies.
- Ability to communicate with technical and business teams.
- C1 English is essential, both spoken and written.
Nice to have
- Experience in Fixed Income and financial derivatives projects.
- Knowledge of electronic trading platforms.
- Experience in international projects, especially in LATAM markets.
- Knowledge of Middle Office and Back Office processes.
- Experience defining functional analysis standards and methodologies.
- Ability to work autonomously and manage priorities in demanding environments.
Pay & benefits
What you'll get
Babel, the great way to achieve the success.
Do you want to be part of an expanding, committed, and innovative team that makes history every day? At Babel, we accompany you on your path to success. We believe in the talent of people and we want to empower it by offering you a great working environment based on collaboration and solidarity.
Working at Babel is much more than working at a company; it is joining a team of people with a shared mission and a company model centered on values.
And we do this by promoting diversity, equity, and inclusion, guaranteeing equal opportunities to all candidates, in an environment free of any type of discrimination.
Additionally,
We bet on work-life flexibility. (Point-based vacation system, remote work, and flexibility).
We invest in the training of our Babelievers.
We invest in your physical and emotional health. (Private Medical Insurance/ Life insurance, personal trainer, and wellbeing program).
We also invest in your free time (Nature activities, sports championships, streaming platform subscription (e.g., Netflix))
We participate in the growth of the company and recognize the participation of each person (Benefits Bonus).
We focus on working with the latest technologies and innovative projects, but above all, we accompany digital transformation and bring technology closer to society.
Do you accept the challenge? We are waiting for you!
The role
🚀 Senior Business Analyst - Swaps | Banking Sector
We are looking for a Senior Business Analyst specializing in Interest Rate Swaps (IRS) to join a strategic investment banking project within the financial markets area.
The selected person will participate in the evolution of an electronic interest rate derivatives trading platform, with international scope in Latin America, mainly Mexico, Brazil, and Chile.
We are looking for a profile with deep knowledge of financial products, especially Swaps, who has worked directly with Front Office teams and is capable of acting as a link between traders, business, and technology.
What you'll do
- Gather, analyze, and define functional requirements directly with traders and Front Office teams.
- Participate in the evolution of electronic Interest Rate Swaps trading platforms.
- Translate business needs into clear functional requirements for the development teams.
- Develop use cases, functional documentation, and acceptance criteria.
- Collaborate in the planning and prioritization of the project backlog and roadmap.
- Participate in meetings and workshops with business and technology stakeholders.
- Ensure that the developed solutions respond to user needs.
- Identify risks, dependencies, and opportunities for improvement.
- Act as a functional reference in Swap products and trading processes.
- Provide functional support to Front Office support teams when necessary.
- Coordinate with international teams, especially from the LATAM region.
About Babel
- Industry
- IT Services
In their own words
About the company & team
We are One Team. We make it happen. We are Unstoppable.
BABEL is a multinational technology consultancy specializing in applying its technological services and knowledge to the digital acceleration processes of its clients, large companies, and public organizations.
We look toward the future! Our Hyperspace 2029 strategic plan promises to be an exciting journey, full of opportunities to grow and develop professionally. Reaching 1 billion in revenue, a challenge that we are sure that with the collaboration and talent of our people, will be another success story that we will write together.
