Business Analyst - PMS Portfolio

Clearwater Analytics, LLC; New York (NY); On-site; USD 88,800 - 115,200; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Paid time off

Parental leave

Disability insurance

Job summary

Clearwater Analytics, LLC is seeking a Senior Business Analyst for the Portfolio Construction team to oversee development of our flagship Portfolio Construction product and related Portfolio Management System features. You will collaborate with analysts and engineers to ensure our product meets client and stakeholder expectations.

The role demands a strong mix of technical acumen, market knowledge, and analytical skill, plus experience in finance and hedge funds, portfolio construction, and risk

Qualifications

• 5+ years in a product or technical role within finance or tech.
• Strong technical ability with Excel, scripting, and ability to communicate with developers.
• Solid market knowledge including hedge funds, portfolio construction and risk concepts.
• Understanding of FX and cash management; familiarity with Agile and Jira.

Responsibilities

• Drive design of new Portfolio Construction features from concept through release.
• Author clear functional/technical specifications for engineering.
• Collaborate with engineering to clarify requirements and keep work on track.
• Translate investment workflows into buildable requirements.
• Test features against specifications and real‑world use cases.
• Guide QA in test scoping and edge cases.
• Support complex production issues and coordinate resolution.
• Partner with Sales/Account Management on sophisticated workflows.
• Act as SME on portfolio construction for stakeholders and clients.
• Synthesize client/prospect feedback to inform roadmap.

Skills

Advanced Excel

Scripting basics

Developer liaison

Finance market knowledge

Portfolio construction

Risk concepts

FX & cash management

Agile / Jira

Tools

Jira

Job description

Overview

As the Senior Business Analyst for our Portfolio Construction team, you will be responsible for overseeing the development and enhancement of our flagship Portfolio Construction product and related Portfolio Management System features. You will collaborate with cross‑functional teams, including analysts and engineers, to ensure that our product meets the high standards expected by our clients and stakeholders. This role requires a strong blend of technical understanding, market knowledge, and analytical skills.

Responsibilities

• Drive design of new Portfolio Construction features from initial concept through release, balancing client needs, technical feasibility, and product strategy.
• Author clear, detailed functional and technical specifications that engineering can build against with minimal ambiguity.
• Partner closely with engineering throughout implementation; clarifying requirements, answering design questions, and making real‑time product decisions to keep work on track.
• Translate complex investment and portfolio construction workflows into well‑structured, buildable requirements.
• Test new and enhanced features prior to release, validating behavior against specifications and real‑world use cases.
• Guide and support QA in scoping test plans, defining coverage, and prioritizing edge cases.
• Serve as the final line of defense for the most complex, high‑severity support issues, diagnosing root causes and coordinating resolution across teams.
• Partner with internal Sales and Account Management teams to solution the most sophisticated workflows for the firm's most critical prospects and clients.
• Act as a subject‑matter expert on portfolio construction for both internal stakeholders and client‑facing conversations.
• Synthesize feedback from clients, prospects, and internal teams to inform the product roadmap and feature prioritization.

Qualifications

• 5+ years of experience in a product or technical role within finance or tech, ideally at a hedge fund or other investment management firm or related software vendor.
• Strong technical ability: advanced Excel analysis, comfort with basic scripting, and enough fluency in code to communicate effectively with and direct developers.
• Solid market and domain knowledge, including hedge fund strategies, portfolio construction, trade workflows, and trade allocations.
• Working understanding of core risk concepts such as beta and the greeks.
• Fixed income knowledge, including duration and interest rate risk.
• Familiarity with FX and cash management.
• Familiarity with core product management practices, including Agile methodologies and hands‑on experience with Jira.
• Strong analytical and problem‑solving skills, with the ability to break down ambiguous problems into actionable solutions.
• Excellent verbal communication skills and a proven ability to draft clear technical specifications for developers.

Salary

88,800.00 – 115,200.00 USD

Benefits

Health, vision, and dental insurance; 401(k); paid time off; parental leave; medical leave; short‑term and long‑term disability insurance.

Equal Opportunity Employer

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.