What are the responsibilities and job description for the IT Business Analyst - Front Office IRD position at QUANTEAM - North America (RAINBOW PARTNERS Group)?
As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specialized in Banking, Finance, and Financial Services. Through our core human values – proximity, teamwork, diversity, excellence – our 850 expert consultants, hailing from 35 different nationalities, collaborate across 13 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Luxembourg, Geneva, Lisbon, Porto, Casablanca, Madrid and Singapore.
Contract Type: Long-term consulting assignment with our client, Full time W2 role with Quanteam
Context
The project involves the migration of front-office rate derivatives activities to a new real-time aggregation tool, used for intraday data analysis and reporting.
The consultant will join the New York Front Office IT team to support the migration to Active Pivot and ensure alignment with the global team while maintaining coverage of the Rates and LATAM IRD desks.
Main Responsibilities
- Act as the Business Analyst for the Rates stream in New York.
- Work closely with Front Office (Traders, Quants, and IT) teams to define and refine business requirements.
- Coordinate with the Paris and Asia teams to ensure global consistency in deliverables and processes.
- Support the migration from legacy systems to Active Pivot, including data validation, functional testing, and production readiness.
- Analyze and document Rates product workflows (Swaps, Options, IRD, LATAM products).
- Collaborate with quantitative analysts to understand and validate pricing models and P&L calculations.
- Manage project tracking and progress in JIRA, ensuring timely delivery of milestones.
- Contribute to testing, UAT coordination, and functional sign-offs.
- Support the continuous improvement of Nexus and related tools after go-live.
Required Skills & Experience
- 10 years of experience as a Business Analyst in Capital Markets.
- Strong expertise on Interest Rate Derivatives (IRD) and Rates desks.
- Deep understanding of front-office workflows, pricing, and P&L components.
- Experience working with Summit or similar trading systems.
- Excellent communication skills and ability to interact directly with traders and quants.
- Experience with JIRA and agile delivery environments.
- Knowledge of Active Pivot or Atoti (strong plus).
- Technical literacy: ability to run SQL queries and basic scripting (Python preferred).
- Strong analytical mindset, structured documentation, and coordination skills in a multi-location environment (Paris / NYC / Asia).
Nice-to-Have
- Exposure to LATAM fixed income products.
- Hands-on experience with Active Pivot / Atoti configuration.
- Knowledge of data visualization or PnL explain tools.
Salary : $120,000 - $160,000
