Senior Business Analyst – ION / Commodity Trading Systems

Perfict; United States; Remote; USD 110,000 - 140,000; Full time

Job summary

Perfict is seeking a Senior Business Analyst specialized in ION trading systems for the commodity trading domain. You will lead end-to-end analysis, translate requirements into specs, and collaborate with stakeholders, architects, and developers to drive solution design and enhancements.

Responsibilities include SIT/UAT coordination, defect management, and post-go-live support across market data, settlements, and reporting.

Qualifications

• 7+ years of experience as a Business Analyst or Senior Business Analyst supporting IT applications, preferably in commodity trading and hedging.
• Hands-on experience with ION XTP or similar ION trading platforms.
• Experience with ION Openlink, Openlink Endur, or related ETRM/CTRM platforms in a functional or techno-functional capacity.
• Strong understanding of commodity trading, hedging, and trade lifecycle processes.
• Experience with soft commodities, particularly grains and seeds.
• Proven experience in requirements gathering, process mapping, functional documentation, and stakeholder management.
• Experience coordinating SIT/UAT, managing defects, and supporting deployment and post-production stabilization.
• Experience with production application support, incident management, root‑cause analysis, and vendor coordination.
• Understanding of system integrations, market data, pricing, settlements, and trading-related reporting.
• Excellent communication, analytical, problem‑solving, and collaboration skills.

Responsibilities

• Lead end-to-end business analysis for commodity trading and hedging initiatives from requirements gathering through implementation and post-production stabilization.
• Analyze and document business processes, workflows, controls, exceptions, and front-to-back trade lifecycle activities.
• Translate business requirements into functional specifications, user stories, acceptance criteria, and process documentation.
• Partner with business stakeholders, solution architects, developers, and vendors to support solution design and application enhancements.
• Support trading, risk management, position management, exposure analysis, P&L, settlements, confirmations, and reporting processes.
• Coordinate System Integration Testing (SIT) and User Acceptance Testing (UAT), including test planning, test case reviews, execution, and defect resolution.
• Manage defect triage, investigate application issues, assess business impacts, and coordinate corrective actions.
• Support integrations across market data, trade processing, settlements, accounting, and downstream reporting systems.
• Perform incident analysis and root-cause investigations while coordinating with vendors and internal IT support teams.
• Support deployment readiness, cutover planning, release management, and post-go-live hypercare.
• Maintain functional specifications, operational procedures, support documentation, and troubleshooting guides.
• Identify opportunities to improve system reliability, operational efficiency, controls, and business processes.
• Facilitate stakeholder discussions, manage dependencies, and ensure alignment between business requirements and technical delivery.

Skills

Requirements gathering

Stakeholder management

Business analysis

Communication

Analytical thinking

Problem solving

Process mapping

Attention to detail

Testing coordination

Vendor coordination

Trading domain knowledge

Tools

ION XTP

ION Openlink/Endur

ETRM/CTRM platforms

Test management tools

Job description

Job Title : Senior Business Analyst – ION / Commodity Trading Systems

Location: Grove Heights, MN (100% Remote)

Duration: 12+ Months

Key Responsibilities

• Lead end-to-end business analysis for commodity trading and hedging initiatives, from requirements gathering through implementation and post-production stabilization.
• Analyze and document business processes, workflows, controls, exceptions, and front-to-back trade lifecycle activities.
• Translate business requirements into functional specifications, user stories, acceptance criteria, and process documentation.
• Partner with business stakeholders, solution architects, developers, and vendors to support solution design and application enhancements.
• Support trading, risk management, position management, exposure analysis, P&L, settlements, confirmations, and reporting processes.
• Coordinate System Integration Testing (SIT) and User Acceptance Testing (UAT), including test planning, test case reviews, execution, and defect resolution.
• Manage defect triage, investigate application issues, assess business impacts, and coordinate corrective actions.
• Support integrations across market data, trade processing, settlements, accounting, and downstream reporting systems.
• Perform incident analysis and root-cause investigations while coordinating with vendors and internal IT support teams.
• Support deployment readiness, cutover planning, release management, and post-go-live hypercare.
• Maintain functional specifications, operational procedures, support documentation, and troubleshooting guides.
• Identify opportunities to improve system reliability, operational efficiency, controls, and business processes.
• Facilitate stakeholder discussions, manage dependencies, and ensure alignment between business requirements and technical delivery.

Required Qualifications

• 7+ years of experience as a Business Analyst or Senior Business Analyst supporting IT applications, preferably in commodity trading and hedging.
• Hands-on experience with ION XTP or similar ION trading platforms.
• Experience with ION Openlink, Openlink Endur, or related ETRM/CTRM platforms in a functional or techno-functional capacity.
• Strong understanding of commodity trading, hedging, and trade lifecycle processes.
• Experience with soft commodities, particularly grains and seeds.
• Proven experience in requirements gathering, process mapping, functional documentation, and stakeholder management.
• Experience coordinating SIT/UAT, managing defects, and supporting deployment and post-production stabilization.
• Experience with production application support, incident management, root‑cause analysis, and vendor coordination.
• Understanding of system integrations, market data, pricing, settlements, and trading-related reporting.
• Excellent communication, analytical, problem‑solving, and collaboration skills.

Preferred Qualifications

• Experience working in regulated or controlled environments with a focus on auditability, operational controls, and risk management.
• Familiarity with trade confirmations, position reconciliation, exposure reporting, and P&L processes.
• Experience improving application support processes, operational documentation, and release management practices.