Senior Business Analyst, Equity Index Options

DRW; Chicago (IL); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Group medical insurance

Dental and vision insurance

401k with employer match

Disability insurance

Life and AD&D insurance

Health savings accounts

Flexible spending accounts

Job summary

DRW, a leading diversified trading firm headquartered in Chicago, seeks a Senior Business Analyst to partner with the Equities Options Front Office, risk, and technology teams. You will translate trader needs into clear requirements and own end-to-end business analysis for equity options initiatives.

Responsibilities include initiating discussions with traders, documenting technology requirements in Jira, and guiding planning with technology leadership.

Qualifications

• Bachelor’s degree in finance, economics, or quantitative field or equivalent exposure.
• Strong written and verbal communication skills.
• Ability to organize and support prioritization of trading technology scope.

Responsibilities

• Initiate and organize discussions with traders to identify new requirements and priorities.
• Develop technology requirements and plans with clearly stated tickets/stories/epics in Jira.
• Provide guidance on dependencies and development timelines and impacts on delivery.
• Collaborate with technology leadership on project plans.
• Provide executive-level project updates to the business weekly.
• Host retrospectives to support continuous process improvement.

Skills

Options trading

Communication skills

Stakeholder management

Education

Finance/Economics degree

Tools

Jira

Confluence

Miro

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk. Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets. We’re seeking a Senior Business Analyst to partner with the Equities Options Front Office, risk, and technology teams to translate trader needs into clear, actionable requirements. You’ll own the end-to-end business analysis for equity options initiatives, from initial discovery through implementation and post-launch review, ensuring solutions align with business goals, regulatory requirements, and risk controls. Responsibilities

Responsibilities

• Initiate and organize discussions with traders to identify new requirements, appraise expected impacts of proposed projects, and recommend priorities
• Develop technology requirements and plans with clearly specified tickets/stories/epics in Jira, in collaboration with font office and technology organizations
• Provide guidance on dependencies and development timelines. Identifying potential impacts on project delivery to improve planning, budgeting, and predictability of estimated timelines
• Collaborate with technology leadership on project plans
• Provide executive-level project updates to the business on a weekly basis
• Host retrospectives on completed projects, supporting continuous process improvement as well as recognizing successes.

Requirements

• Requirements
• Strong knowledge of electronic options trading in Equities markets
• Knowledge of options risk, pricing, and operational processes
• Previous experience developing detailed technology requirements
• Experience using software documentation tools to capture user stories and diagram processes
• Previous software collaboration tools experience (Jira, Miro, Confluence)
• Ability to effectively organize and support prioritization of trading technology scope
• 3-5 years of experience in front office, middle office, back office or risk management roles working with exchange-traded and over-the-counter options and futures
• Excellent verbal and written communication skills Bachelor's degree in finance, economics, or quantitative field or material equivalent exposure Demonstrated ability to work independently

The annual base salary range for this position is $125,000 to $175,000 depending on the candidate’s experience, qualifications, and relevant skill set.

The position is also eligible for an annual discretionary bonus.

In addition, DRW offers a comprehensive suite of employee benefits including:

• group medical insurance
• pharmacy insurance
• dental and vision insurance
• 401k (with discretionary employer match)
• short and long-term disability
• life and AD&D insurance
• health savings accounts
• flexible spending accounts

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