Senior Business Analyst - Front Arena

Overall Purpose of the Role

We are seeking a Senior Business Analyst to join our Trading Technology Business Management team, with a focus on the Front Arena platform. This is a strategic role that combines deep product and system knowledge with strong project leadership capabilities. The successful candidate will act as the key liaison between Front Office stakeholders and our development teams, owning the process of turning business needs into actionable technology outcomes. The role is instrumental in driving platform enhancement, supporting front-to-back trading operations, and delivering strategic value through structured planning and stakeholder engagement.

Key Responsibilities

Business Analysis & Stakeholder Engagement

• Act as the primary business analyst for Front Arena, translating trading and operational requirements into well-defined technical specifications.
• Work directly with traders and other stakeholders to understand pain points, define desired outcomes, and validate proposed solutions.
• Lead requirement-gathering sessions and produce detailed, structured documentation for development and QA teams.
• Collaborate with middle and back-office teams to ensure system solutions address the full trade lifecycle and support cross-functional needs.

Project & Stakeholder Management

• Lead the end-to-end delivery of technology initiatives across the Front Arena platform.
• Own the stakeholder engagement process: organising meetings, managing expectations, and communicating progress or challenges transparently.
• Define and manage project milestones, risks, dependencies, and deliverables in alignment with strategic business goals.
• Track progress using project management tools and ensure initiatives are executed on time and within scope.

Planning & Sprint Ownership

• Own the planning of development cycles (every two weeks), balancing strategic priorities with short-term deliverables.
• Collect and prioritise input from key business stakeholders and make well-informed, strategic decisions about what work to undertake.
• Serve as the point of contact for development planning, ensuring each sprint is structured to deliver maximum impact and aligned with the firm’s goals.

System Enhancement & Continuous Improvement

• Support the development, configuration, and enhancement of Front Arena for front, middle, and back office users.
• Design and deliver solutions for P&L reporting, position management, and real-time risk.
• Drive continuous improvement by analysing system performance, proposing modifications, and implementing new capabilities.
• Recommend controls and process improvements, identifying issues early and managing change effectively.

Requirements

Education and Qualifications

• Degree in a quantitative discipline such as Engineering, Physics, Mathematics, or Computer Science.

Experience

• Extensive experience as a Business Analyst or similar role in a trading technology or front office support function.
• Prior experience with Front Arena is strongly preferred; experience with comparable platforms such as Athena (J.P. Morgan) or Quartz (BAML) is also valuable.
• Background in financial services, ideally within a hedge fund or investment bank environment.
• Familiarity with Agile delivery methodologies and sprint planning is a plus.
• Proven ability to interact with and influence senior stakeholders and technical teams alike.

Skills

• Strong command of Python or a similar programming language.
• Excellent understanding of financial products and how they are traded, booked, and risk-managed.
• Strong interpersonal and communication skills—able to speak the language of both traders and developers.
• Strategic thinker with the confidence to make and defend prioritisation decisions.
• Highly organised with attention to detail, able to manage multiple workstreams in parallel.
• Strong problem-solving and analytical mindset.
• Experience with project management tools and methodologies.
• Working knowledge of Microsoft Office suite.

Benefits

• Competitive salary
• Private medical insurance
• Life assurance
• Pension
• Corporate gym membership (and a complimentary wellness space in our London office)
• Employee restaurant with free breakfast, lunch and dinner

Capula is committed to fostering a collaborative and inclusive environment, providing employees with the opportunity to develop their skills and advance their careers in the financial sector.