Business Analyst - OEMS

Clearwater Analytics; Chicago (IL); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health insurance

401(k)

Paid time off

Parental leave

Medical leave

Job summary

Clearwater Analytics is hiring an OEMS Business Analyst to shape the future of our OEMS platform. You will be the go-to authority on trading concepts, FIX protocol, broker connectivity, and trader workflows, translating that expertise into well-designed product features.

Working with engineers, product teams, and clients, you will make a meaningful impact internally and in the market. You will explore trading workflows, validate feature behavior, and contribute to thought leadership through

Qualifications

• Degree in finance, economics, or related field, or equivalent experience.
• Strong foundation in trading and execution concepts.
• Experience with FIX protocol and broker/venue integration.
• Ability to work independently on complex problems.
• Excellent written and verbal communication; client-facing leadership.
• Collaborative, cross-functional teamwork.

Responsibilities

• Research complex trading workflows and FIX behavior to design solutions.
• Collaborate with engineering and product on feature design.
• Review requirements and provide feedback across development lifecycle.
• Mentor junior team members and expand domain knowledge.

Skills

FIX protocol

Broker connectivity

Venue connectivity

Trader workflows

Transaction cost analysis

Trading concepts

Education

Finance or Economics degree

Tools

FIX engines

OMS/EMS platforms

Job description

Clearwater is hiring an OEMS Business Analyst to help shape the future of our order execution (OEMS) platform. You will be a go-to authority on trading concepts, including the FIX protocol, electronic execution, broker and venue connectivity, trader workflows, and transaction cost analysis — translating that expertise into well-designed, thoroughly tested product features. Working closely with engineers, product teams, and clients, you will make a meaningful impact both internally and in the market.

What You Will Do

Product & domain expertise

• Research complex trading workflows, FIX protocol behavior, and broker/venue integration requirements to propose and implement effective product solutions.
• Partner with engineering and product teams on feature design, ensuring domain considerations are built in from the start.
• Review requirements, design documents, and scope materials, providing substantive feedback across the development lifecycle.

Quality & validation

• Develop, maintain, and execute test plans — defining edge cases, analyzing data inputs, and validating feature behavior.
• Log defects, retest, and verify fixes through resolution.

External voice & thought leadership

• Contribute to client conversations as a domain authority.
• Produce white papers and internal communications on methodology.
• Collaborate with software engineers to implement new broker and venue staging connections, FIX protocol enhancements, and execution workflow changes.

Strategy & mentorship

• Monitor shifts in your domain, anticipate downstream impacts of product changes, and identify opportunities for product expansion.
• Mentor junior team members and help build the team's collective depth of knowledge.

Required Qualifications

• Degree in finance, economics, or a related field — or equivalent professional experience on a buy-side or sell-side trading desk.
• Strong foundation in trading and execution concepts with demonstrated experience working with the FIX protocol, broker and venue connectivity, and buy-side trader workflows.
• Proven ability to work independently on complex, ambiguous problems.
• Excellent written and verbal communication; comfortable leading client-facing conversations.
• Collaborative working style across cross-functional teams.
• Systems-level thinking — you understand how decisions in one area ripple across a platform, and you take ownership of getting ahead of those risks.

Nice To Have

• Experience writing white papers, methodology documentation, or other thought leadership content.
• Familiarity with OMS/EMS platforms, FIX engines, or buy/sell-side trading desk operations.
• Experience mentoring colleagues or leading cross-functional initiatives.

Salary Range

$85,000.00 - $120,000.00

This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.