Business Analyst - Porto

ABOUT THE OPPORTUNITY

We are looking for a Senior Business Analyst for a hybrid opportunity in Porto within the financial services sector. This role focuses on capturing, defining and structuring business and functional requirements for trading platforms, acting as a bridge between Front Office trading desks, Quants, Product Owners and technical teams.

WHAT YOU WILL DO

- Capture, analyse and structure business and functional requirements for trading platform initiatives.
- Translate complex financial products, structured instruments and derivatives payouts into clear technical specifications.
- Act as the link between Front Office trading desks, Quants, Product Owners and delivery teams.
- Collaborate with backend, frontend and DevOps teams to support functional alignment and implementation clarity.
- Define user stories, acceptance criteria, process flows and business rules in Agile delivery contexts.
- Support backlog refinement, sprint planning and requirement clarification throughout the delivery lifecycle.
- Analyse trade data and support data-driven validation of requirements and functional behaviours.
- Ensure requirements are clear, complete, testable and aligned with business objectives.
- Promote transparency, collaboration and continuous improvement across business and technology teams.

WHAT WE ARE LOOKING FOR

- 5 to 10 years of experience as a Business Analyst, Functional Analyst or similar role.
- Strong experience in capital markets, trading platforms or financial products environments.
- Solid understanding of structured notes, certificates and warrants.
- Strong knowledge of embedded features such as autocallables, callable features, trigger mechanisms, observation dates and coupon barriers.
- Good understanding of barrier types, including American, European, Parisian, knock-in and knock-out structures.
- Knowledge of payoff variations such as Worst-of structures, Rainbow, Cliquet and Accumulators.
- Strong foundation in debt instruments, including fixed-rate bonds, floating-rate bonds and zero-coupon bonds.
- Understanding of derivatives such as vanilla options, exotic options, equity swaps, interest rate swaps, futures and forwards.
- Ability to communicate complex financial and technical concepts clearly to different stakeholders.
- Professional working proficiency in English.

PROFESSIONAL SKILLS

- Business analysis
- Functional analysis
- Requirements elicitation
- Requirements documentation
- User stories
- Acceptance criteria
- Agile delivery
- Scrum
- Kanban
- Jira
- Confluence
- SQL
- Trade data analysis
- Data modelling
- JSON
- XML
- REST APIs
- Structured products
- Derivatives
- Capital markets
- Trading platforms
- Black-Scholes pricing concepts
- Greeks
- Delta
- Gamma
- Vega
- Theta

NICE TO HAVE

- Python
- R
- Sophis
- Quant model data analysis
- Data manipulation
- Exotic derivatives knowledge

COMPENSATION TRANSPARENCY

Base salary range: EUR 18,000 - EUR 28,000 gross/year
Total compensation: up to EUR 35,000/year
The salary range is based on objective and gender-neutral criteria, including required competencies, professional experience, level of responsibility and role requirements. Final compensation will be determined according to the candidate's profile and position requirements.

WHAT WE OFFER

- A culture where every professional is a Builder, with ownership, responsibility and impact in what we create together.
- A collaborative environment guided by Honesty, Mutual Support and Agility.
- Opportunities to contribute to meaningful technology delivery while learning and improving continuously.
- Continuous training and certification support throughout your journey.
- Access to confidential mental health support through TEAM 24 from day one.
- Private health insurance from the first day, with optional family extension.
- Flexibility whenever the role and context allow it, supporting balance across different life stages.
- Childcare vouchers and practical family support measures.
- Team moments, shared milestones and leadership presence when it matters most.
- Upskilling opportunities in quality management, information security, AI governance and cybersecurity best practices when relevant to the role.

EQUAL OPPORTUNITY

Hexa is committed to equal opportunities and to building an inclusive workplace where different backgrounds, experiences and perspectives are respected. We value fairness, transparency and responsible hiring, in line with the principles of the Portuguese Diversity Charter.

HEXA LIFE

At Hexa, life as a Builder means contributing with purpose, learning continuously and working with people who support one another. We build projects, solutions and professional relationships with trust, transparency and a shared commitment to doing meaningful work with quality and intention.