Business Systems Analyst

UST; West Des Moines (IA); On-site; USD 73,000 - 110,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan with company匹配

Paid time off

Job summary

UST is seeking a highly technical Business Systems Analyst to support the design, enhancement, and integration of trading and post-trade systems in Iowa.

Role focuses on gathering requirements, translating derivatives processes into features and data mappings, and collaborating with development and QA to implement solutions. Strong SQL, APIs, and data experience are essential.

Qualifications

• Bachelor's degree in information systems, Computer Science, or related field.
• 4+ years of experience as a Business Systems Analyst in fintech or financial services tech.
• Strong knowledge of derivatives products such as swaps, futures, options, forwards, or structured products.
• Understanding of derivatives trade lifecycle and related operational and system processes.
• Experience documenting system requirements, functional specs, data mappings, and integration points.
• Experience with APIs, file-based interfaces, messaging, and enterprise system integrations.
• Familiarity with SDLC, Agile, Waterfall, or hybrid delivery models.
• Experience supporting prioritization, roadmap planning, or cross-functional delivery coordination is a plus.

Responsibilities

• Partner with trading, operations, risk, finance, compliance, and technology teams to gather, analyze, and document business and system requirements.
• Translate derivatives business processes into feature definitions, process maps, data mappings, interface specs, and user stories.
• Analyze front-to-back trade workflows including trade capture, confirmation, valuation, settlements, collateral, margin, reconciliations, and reporting.
• Create detailed feature definitions, gap analyses, use cases, and workflow diagrams.
• Work with development and QA teams to clarify requirements, validate solutions, and support implementation.
• Define and document source-to-target mappings, reference data requirements, and integration logic across systems.

Skills

SQL

APIs

Data mappings

SDLC

Agile

Analytical skills

Education

Bachelor's degree in information systems, Computer Science, or related field

Tools

JSON

XML

FIX

Job description

Business Systems Analyst

Ust is searching for a highly technical Business Systems Analyst with experience in fintech and derivatives technology to support the design, enhancement, and integration of trading and post-trade systems.

What You'll Do

• Partner with trading, operations, risk, finance, compliance, and technology teams to gather, analyze, and document business and system requirements


• Translate derivatives business processes into Feature definition, process maps, data mappings, interface specifications, and user stories


• Analyze front-to-back trade workflows including trade capture, confirmation, valuation, settlements, collateral, margin, reconciliations, and reporting


• Create detailed feature definition, gap analyses, use cases, and workflow diagrams


• Work closely with development (in-house and vendor) and QA teams to clarify requirements, validate technical solutions, and support system implementation


• Define and document source-to-target mappings, reference data requirements, field-level transformations, and integration logic across upstream and downstream systems


• Support enhancements and production issues involving APIs, batch processing, trade feeds, market data, and reporting pipelines


• Participate in system testing, SIT, UAT, and defect triage


• Perform impact analysis for system changes across trading platforms and post-trade ecosystem


• Identify opportunities to improve Product efficiency across derivatives processes

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

What You Need

• Bachelor's degree in information systems, Computer Science, or related field.


• 4+ years of experience as a Business Systems Analyst, preferably in fintech, or financial services technology.


• Strong knowledge of derivatives products such as swaps, futures, options, forwards, or structured products.


• Solid understanding of the derivatives trade lifecycle and associated operational and system processes.


• Experience documenting system requirements, functional specifications, data mappings, and integration points.


• Strong understanding of SQL, relational databases, data analysis, and system interfaces.


• Experience working with APIs, file-based interfaces, message flows, and enterprise system integrations.


• Familiarity with SDLC, Agile, Waterfall, or hybrid delivery models.


• Experience supporting prioritization, roadmap planning, or cross-functional delivery coordination is a plus.


• Strong analytical, troubleshooting, and documentation skills.


• Excellent communication skills with the ability to work across business and technical teams.


• Preferred Qualifications


• Experience with trading platforms, risk systems, collateral platforms, or post-trade processing systems.


• Familiarity with interest rate, credit, FX, or equity derivatives.


• Working knowledge of FIX, FpML, SWIFT, XML, JSON, or other financial messaging/data standards.


• Experience with data lineage, reconciliation logic, exception handling, and control frameworks.


• Exposure to cloud-based platforms, data warehouses, or real-time event-driven architectures.


• Experience supporting regulatory, audit, or financial controls initiatives.


• Prior exposure to product backlog management, roadmap support, or feature delivery ownership in a technical environment.

Location & Compensation

Compensation can differ depending on factors including but not limited to the specific office location, role, skill set, education, and level of experience. UST provides a reasonable range of compensation for roles that may be hired in various U.S. markets as set forth below.

Role Location: Iowa

Compensation Range: $73,000-$110,000

Who We Are

Since 1999, UST has worked side by side with the world's best companies to make a powerful impact through transformation. Headquartered in the United States, UST is powered by technology, driven by AI, inspired by people, and led by our purpose, we partner with our clients from design to operation. Our AI-driven digital solutions, proprietary platforms, engineering, R&D, products, and innovation ecosystem turn core challenges into impactful, disruptive business outcomes. With deep industry knowledge and a future-ready mindset, we infuse expertise, innovation, and agility into our clients' organizations-delivering measurable value and positive lasting change for them, their customers, and communities around the world. Together, with 30,000+ employees in 30+ countries, we build for boundless impact-touching billions of lives in the process. Visit us at .

Benefits

Full-time, regular employees accrue a minimum of 10 days of paid vacation per year, receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year), 10 paid holidays, and are eligible for paid bereavement leave and jury duty. They are eligible to participate in the Company's 401(k) Retirement Plan with employer matching. They and their dependents residing in the US are eligible for medical, dental, and vision insurance, as well as the following Company-paid Employee Only benefits: basic life insurance, accidental death and disability insurance, and short- and long-term disability benefits. Regular employees may purchase additional voluntary short-term disability benefits, and participate in a Health Savings Account (HSA) as well as a Flexible Spending Account (FSA) for healthcare, dependent child care, and/or commuting expenses as allowable under IRS guidelines. Benefits offerings vary in Puerto Rico.

Part-time employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year) and are eligible to participate in the Company's 401(k) Retirement Plan with employer matching.

Full-time temporary employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year) and are eligible to participate in the Company's 401(k) program with employer matching. They and their dependents residing in the US are eligible for medical, dental, and vision insurance.

Part-time temporary employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year).

All US employees who work in a state or locality with more generous paid sick leave benefits than specified here will receive the benefit of those sick leave laws.

Equal Employment Opportunity Statement

UST is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other applicable characteristics protected by law. We will consider qualified applicants with arrest or conviction records in accordance with state and local laws and "fair chance" ordinances.

UST reserves the right to periodically redefine your roles and responsibilities based on the requirements of the organization and/or your performance.

#UST

#CB

#LI-DU

Business Analysis, Product Management, SQL, Collateral Management, Data Governance, Reporting and Analytics, Data Mapping, Financial Valuation, FIX Protocol, JSON

Benefits

Compensation range: $ 73,000.00 to 110,000.00 per year