The posting
ASX: Powering Australia's financial markets
Why join the ASX?
When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all.
In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.
Want to know why we are a great place to work, click on the link to learn more.
www.asx.com.au/about/careers/a-great-place-to-work
We are more than a securities exchange!
The ASX team brings together talented people from a diverse range of disciplines.
We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.
We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive.
Key purpose of the role
The Senior Technical Business Analyst provides analysis leadership across complex, high-impact change affecting ASX 24 futures trading platforms. Embedded within the Futures Trading Technology team, the role shapes scope and outcomes, translates business, operational and regulatory needs into clear and testable technology requirements, and leads analysis across product owners, trading operations, engineering, architecture, testing, vendors and control functions. The role is accountable for requirements quality, end-to-end traceability, stakeholder alignment and ensuring solutions are operationally ready, resilient and well controlled.
Your Team
The Futures Trading Technology team is part of the Markets Technology division within ASX Technology. We are a trusted partner to the ASX Futures business, providing technology solutions and services that support stable, efficient and resilient trade execution for ASX’s derivatives trading business.
Your responsibilities
- Lead engagement with senior business, operations, technology and vendor stakeholders to define objectives, scope, constraints, risks, success measures and target outcomes for complex futures trading change initiatives.
- Own the analysis approach and requirements baseline for assigned initiatives, leading the elicitation, decomposition, prioritisation, validation and governance of functional, non-functional, data, integration, operational and control requirements.
- Map current-state and target-state business processes, system interactions, trading workflows, data flows, interfaces, controls, exception paths and operational procedures.
- Translate complex trading and operational concepts into high-quality artefacts including business requirements, functional specifications, user stories, acceptance criteria, process models, data mappings, interface requirements and decision records.
- Plan and facilitate senior stakeholder workshops, design forums and decision sessions, constructively challenging assumptions, resolving ambiguity and driving timely, evidence-based decisions.
- Act as the principal analysis partner to solution architects, engineering leads and vendors, shaping feasible, supportable and resilient solutions and ensuring alignment with enterprise architecture, security and operational standards.
- Analyse impacts across order entry, trade lifecycle, market data, reference data, gateways, connectivity, downstream consumers, reconciliation, reporting and end-of-day processes.
- Influence delivery planning, sequencing and prioritisation; lead backlog refinement, dependency analysis, scope control and estimation support across agile, hybrid or project delivery models.
- Define test scenarios and expected outcomes, support system and integration testing, coordinate business validation and user acceptance testing, and ensure defects are clearly triaged and resolved.
- Assess operational readiness including monitoring, alerting, support models, runbooks, access, training, cutover, rollback, reconciliation, resilience and disaster recovery considerations.
- Support implementation and production transition activities, including change documentation, release readiness, cutover coordination, post-implementation validation and early-life support.
- Provide analysis leadership across multiple workstreams, coordinating inputs from business analysts, subject-matter experts, architects, engineers, testers and vendors to maintain a coherent end-to-end solution.
- Mentor and coach other analysts, establish fit-for-purpose analysis practices and perform quality reviews of requirements, process models, data mappings, acceptance criteria and delivery artefacts.
- Present analysis, options, trade-offs, dependencies and recommendations to senior governance and design forums, ensuring decisions and residual risks are clearly recorded.
- Set and uphold analysis standards for requirements governance, documentation quality, auditability and traceability; provide peer review, coaching and guidance to analysts and delivery teams while proactively escalating material risks and gaps.
Your experience and qualifications
Must have
Business analysis and delivery
- Demonstrated senior-level experience leading business and systems analysis for complex, multi-team technology change in electronic trading, financial markets, banking or another mission-critical real-time environment.
- Strong capability in requirements elicitation, analysis, decomposition, prioritisation, validation and lifecycle management, with clear traceability to design, build and test outcomes.
- Experience producing precise user stories, acceptance criteria, functional specifications, process models, use cases, data mappings, interface requirements and operational requirements.
- Proven ability to influence senior stakeholders, facilitate contentious workshops and resolve ambiguity, conflicting priorities and cross-functional dependencies without relying on formal authority.
Trading domain and systems analysis
- Good understanding of electronic trading concepts such as order entry, validation, matching, trade flow, market data, sessions, gateways, connectivity, reference data, reconciliation and end-of-day processing.
- Ability to analyse end-to-end behaviour across distributed applications, vendor platforms, APIs, messaging, databases, files, networks and downstream consumers.
- Advanced analytical and systems-thinking capability, with the ability to investigate complex issues using logs, SQL queries, data extracts, message samples, diagrams and technical documentation and translate findings into decisions and delivery actions.
Data, integration and non-functional requirements
- Experience defining data requirements, source-to-target mappings, validation rules, sequencing, timing, exception handling, reconciliation and data-quality controls.
- Experience analysing APIs, message-based integrations, file interfaces, database interactions or gateway connectivity between critical enterprise systems.
- Practical understanding of non-functional requirements including availability, performance, capacity, latency, resilience, recoverability, security, observability, auditability and supportability.
Testing, implementation and operational readiness
- Experience defining test scenarios and supporting system, integration, regression, operational acceptance and user acceptance testing.
- Ability to support defect triage, implementation planning, cutover, rollback, production verification and post-implementation review activities.
- Understanding of incident, problem, change, release, disaster recovery and business continuity practices in regulated or highly operational environments.
Analysis leadership and influence
- Experience defining analysis strategies, planning analysis activities and coordinating requirements across multiple workstreams, systems and stakeholder groups.
- Demonstrated capability in mentoring analysts, reviewing analysis deliverables and improving team standards, methods and reusable practices.
- Confidence presenting options, recommendations, trade-offs and risks to senior governance, architecture and delivery forums.
Communication and professional experience
- Excellent written and verbal communication skills, with the ability to communicate effectively with business stakeholders, engineers, architects, testers, operations teams and vendors.
- Strong attention to detail, structured thinking, ownership, risk awareness and the ability to work across multiple concurrent priorities.
- Typically 10+ years of experience in business analysis, systems analysis, product delivery or technology change roles, including substantial experience leading analysis on complex or business-critical initiatives.
- Tertiary qualification in Information Technology, Computer Science, Engineering, Finance, Business or a related discipline, or equivalent practical experience.
Nice to have
- Experience working with futures, derivatives, exchange-traded products, clearing, market surveillance or other financial market infrastructure.
- Familiarity with FIX protocol, exchange gateways, order routing, drop copy, market data feeds, post-trade interfaces or trading session lifecycle concepts.
- Experience with SQL, data analysis tools, API specifications, XML/JSON, messaging technologies or log analytics platforms.
- Experience with Jira, Azure DevOps, Confluence, process-modelling tools or requirements management and traceability tooling.
- Exposure to cloud or hybrid technology environments, container platforms, CI/CD, DevOps practices and modern observability tooling.
- Knowledge of operational resilience, cyber controls, audit requirements, disaster recovery, business continuity and regulatory expectations for critical financial market infrastructure.
- Experience working with vendor delivery teams and commercial statements of work, including clarifying scope, deliverables, assumptions, dependencies and acceptance criteria.
- Relevant professional certification such as IIBA, BCS Business Analysis, Scrum Product Owner, Agile Business Analysis or equivalent.
We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role.
If you need any adjustments during the application or interview process to help you present your best self, please let us know at [email protected].
At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.
We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on-boarding process.
To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.
