Senior Business Analyst - Fixed Income Integration - Sydney/Melbourne
Summary
Senior business analyst implementing fixed income (Bond and Repo) integration at an Australian financial institution: configuring security static data from Bloomberg/Refinitiv, mapping TOMS/VCON trade flows, and defining SWIFT settlement messaging across the trade lifecycle through to settlement.
About the role
An opportunity is available for a Fixed Income Integration Business Analyst to join a leading Australian financial institute as a key contributor to the implementation and configuration of Bond and Repo products. This role involves integrating trade flow from upstream interfaces, security static data setup, and managing end-to-end fixed income settlements. The successful candidate will work at the intersection of business and technology, ensuring seamless trade lifecycle management from execution through to settlement.
Key responsibilities
Serve as the Business Analyst for Fixed Income Integration workstreams, covering Bond and Repo product setup, trade lifecycle, and settlement on the client's clearing/risk platform
Configure and validate Bond static data setup sourced from external agencies like Blomberg, Refinitiv
Manage integration of Bloomberg TOMS and VCON trade flows into the trading platform defining trade capture requirements, message mapping, FIX/API specifications, and exception handling
Define and document requirements for Bloomberg Data License (DL) feeds — security reference data, pricing, corporate actions, yield curves — and their consumption by downstream risk and settlement systems
Support the full Bond and Repo trade lifecycle from trade capture, validation, enrichment, position management, through to netting and settlement instruction generation
Work with external custodians to setup account, end to end integration of Security settlements
Define and validate SWIFT settlement messaging requirements covering Security, Cash settlements
Perform gap analysis between current-state and target-state for fixed income trade processing, static data management, and settlement workflows
Facilitate workshops with Front office, Operations, and Technology teams to elicit requirements and validate integration designs
Support UAT and end-to-end testing of trade flows, static data loads, and settlement message generation
About you
5+ years of experience in Capital Markets with a strong focus on Fixed Income (Bonds and Repos)
Understanding of various bond products like Fixed / Floating Rate, T-Bills, Zero Coupon and Asset Backed
Understanding of Repo-specific processing open vs term repos, repo rate conventions, haircuts, close leg generation, substitution
Excellent knowledge of the Bond and Repo trade lifecycle pricing, trade capture, confirmation and settlement
Hands-on experience with Bond static/security master setup from interfaces like Blomberg / Refinitiv, reference data sourcing
Hands-on experience with Trade Life Cycles, workflows, Settlements, FIX, JSON and XML messaging integration
Good understanding of security settlement models, netting, and CSD/custodian interactions
Strong understanding of SWIFT MT 540–548 settlement messages, message structure, matching rules, and settlement status workflows
Experience with integration design defining interface specifications, data mapping, FIX protocol, API connectivity, and file-based feeds between front-office and post-trade systems
Demonstrated experience in business analysis requirements elicitation, User story preparation, data flow documentation, and stakeholder facilitation