Job Title: Business Analyst – Foreign Exchange
Contract : W2
Duration : Longterm
Location : Chicago, IL – Hybrid
Job Description:
Project Overview:
We are seeking a highly motivated and experienced Business Analyst to join our Product Development group for foreign exchange (FX) trading. The ideal candidate will play a crucial role in building out a target operating model for our front office trading platforms, including Execution Management Systems (EMS), Order Management Systems (OMN) and Portfolio Management Systems (PMS). This role requires a deep understanding of front office trading systems, FX markets and technical acumen to effectively bridge the gap between business needs and technology solutions.
Qualifications:
- Bachelor’s degree in Finance, Business Admin, IT or a related fields
- Minimum of 5 years’ experience as a Business Analyst in the capital markets sector, with a focus on front office trading systems and FX trading.
- Strong knowledge of EMS, OMS and PMS platforms and their role in trading operations
- Demonstrated experience in developing target operating models and implementing process improvements
- Proficiency in business analysis techniques, including requirements gathering, process mapping and documentation
- Technically savvy with the ability to understand system architectures, data flows and integration points
- Excellent communication, presentation and stakeholder management skills
- Strong analytical and problem solving skills
- Ability to work independently and as part of a team in a fast-paced, dynamic environment
Key Responsibilities:
- Target Operating Model Development
- Collaborate with stakeholders to define and document the target operating model for front office trading
- Analyze current state processes, systems, and workflows to identify gaps and improvement opportunities
- Develop and implement best practices for EMS, OMS and PMS integration & usage
- Business Analysis
- Gather and document detailed business requirements from front office trading teams and other relevant stakeholders.
- Translate business requirements into functional specifications for technology teams
- Conduct impact analysis and feasibility studies for proposed changes and enhancements
- System Implementation & Support
- Support the implementation of new trading platforms and system upgrades
- Participate in system testing, including developing test cases, performing user acceptance testing and coordinating with users for feedback
- Provide ongoing support and troubleshooting for front office trading systems
- Stakeholder Management
- Serve as a liaison between front office trading teams, IT, vendors and other stakeholders to ensure effective communication & collaboration
- Conduct regular meetings with stakeholders to review project progress, address issues and gather feedback
- Technical Expertise
- Leverage technical knowledge to understand system architectures, data flows and integration points
- Work closely with developers to ensure technical solutions align with business requirements and industry standard