IT Systems Analyst: IV (Lead)

BCforward; Inver Grove Heights (MN); Hybrid; USD 110,000 - 112,000; Full time

Benefits offered by this job

Competitive compensation

Hybrid work arrangement

Global client exposure

Job summary

BCforward is seeking a Senior Business Systems Analyst to support and enhance commodity trade operations, with strong experience in ETRM/CTRM environments and front-to-back trade flows.

You will partner with Trading, Risk, Middle Office, Back Office, and IT to translate business needs into clear, testable requirements, supporting application and integration stability.

This is a 12-month contract with hybrid work, offering opportunities to influence end-to-end delivery across the trading stack.

Qualifications

• Experience in hedging and trade processes across front-to-back.
• Translate business needs into testable requirements and acceptance criteria.
• Collaborate with Trading, Risk, IT teams to ensure stability.
• Experience with production operations and incident analysis.
• Ability to manage traceability through testing and release.

Responsibilities

• Lead end-to-end business analysis for hedging and trade initiatives.
• Document current and future-state processes with maps and controls.
• Translate needs into requirements, user stories, and acceptance criteria.
• Define data and reporting needs for positions, P&L, settlements.
• Support SIT/UAT planning, test strategy input, and defect triage.
• Coordinate with vendors and internal teams on production issues.

Skills

7+ yrs BA exp

Requirements & testing

Stakeholder mgmt

SIT/UAT coordination

Vendor coordination

Tools

ION XTP

ION Openlink

Job description

Job Title: Business Systems Analyst Senior - Trading

Duration: Contract - 12 months

Pay Range: $80/hr $81/hr (W2)

Job ID: 408090

About BCforward

BCforward is a leading global IT consulting and workforce solutions firm providing services and support to Fortune 500 and government clients. Founded in 1998, BCforward has grown with our customers needs into a full-service business solutions provider. With delivery centers and offices across North America and India, we take pride in building long-term relationships and delivering excellence through innovation, collaboration, and integrity.

Job Description

BCforward is seeking a Senior Business Systems Analyst to support and enhance commodity trade operations. The role requires strong experience in ETRM/CTRM environments, business analysis across front-to-back trade flows, and the ability to drive high-quality delivery across the full project lifecycle. The analyst will partner with Trading, Risk, Middle Office, Back Office, and IT teams to translate business needs into clear, testable requirements and support application and integration stability.

Responsibilities:

• Lead end-to-end business analysis for hedging and trade initiatives from discovery through stabilization and hypercare.


• Document current and future-state processes, including process maps, controls, handoffs, and exception handling across front-to-back trade flows.


• Translate business needs into requirements, user stories, acceptance criteria, and supporting documentation.


• Partner with solution architects, product owners, and delivery teams on solution design, configuration approach, and integration touchpoints.


• Define data and reporting needs for positions, exposures, P&L, settlements, and confirmations, including sources and reconciliation expectations.


• Support SIT and UAT planning and execution, including test strategy input, test case review, and execution coordination.


• Drive defect triage and resolution by reproducing issues, documenting impacts, prioritizing with stakeholders, and coordinating fixes with vendors and internal teams.


• Support deployment readiness, including cutover planning inputs, operational checks, and stakeholder communications.


• Provide functional and techno-functional support for hedging and trade applications, including intake, analysis, and resolution coordination.


• Monitor and troubleshoot integrations with upstream and downstream systems such as market data, confirmations, settlements, accounting interfaces, and reporting.


• Coordinate with vendors and internal teams to manage escalations, track SLAs, and ensure timely resolution of production issues.


• Maintain and improve support models, including intake processes, triage playbooks, escalation paths, and operational runbooks.


• Analyze incidents and service requests, perform root-cause investigation, and document findings, workarounds, and corrective actions.


• Drive production stabilization by identifying recurring defects, process gaps, and control weaknesses and executing remediation plans.


• Participate in change management and release readiness to ensure supportability and smooth transitions to operations.


• Serve as a trusted partner and communicate across business and technical audiences to facilitate decision-making on options, impacts, and trade-offs.


• Promote disciplined delivery practices, including scope control, requirements quality, traceability, and test evidence.


• Mentor junior analysts and contribute to continuous improvement of analysis standards and delivery practices.

Required Skills & Qualifications:

• 7+ years as a Business Analyst supporting commodity trading and hedging in a functional or techno-functional capacity.


• Proven delivery across requirements, process mapping, solution design support, SIT/UAT coordination, defect triage, deployment readiness, and hypercare.


• Experience supporting production applications, including incident analysis, root-cause investigation, vendor coordination, and operational documentation.


• Ability to translate complex business needs into clear, testable requirements and manage traceability through testing and release.


• Strong facilitation and stakeholder management skills with the ability to align multiple teams and priorities.


• Excellent written and verbal communication focused on clarity, accuracy, and professionalism.

Preferred Skills:

• Experience with ION XTP or similar ION platforms supporting trade processing, integrations, and operational workflows.


• Experience with ION Openlink (Endur/Openlink) in a functional or techno-functional role for trading and risk operations.


• Background in regulated or controlled environments with attention to auditability, controls, and operational risk management.


• Familiarity with market data, pricing, and reference data concepts for trading and risk reporting.

Why BCforward?

At BCforward, we believe in advancing lives and careers. When you join our team, you gain access to:

• Competitive compensation and benefits.


• Opportunities for growth with global clients.


• A supportive, inclusive culture that values innovation and people.


• Exposure to cutting-edge technologies and projects.


• Work Arrangement: Hybrid.


• Contract Type: Contract.

About Our Commitment

BCforward is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, or veteran status.