Business Analyst - Foreign Exchange
 Spectraforce Technologies | |
 United States, Illinois, Chicago | |
 Jan 08, 2025 | |
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Title : Business Analyst/ Scrum Master - FX Front Office Technology Location : 333 S. Wabash, Chicago, IL (Hybrid) - Wednesday and Thursday +1 flex day Duration: 6 months (Possibility of extension) 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 standards - Stay up to date with industry trends, regulatory changes and emerging technologies in FX trading | |