Senior Business Systems Analyst

Inherent Technologies; Naperville (IL); Hybrid; USD 110,000 - 150,000; Full time

Job summary

Inherent Technologies in Naperville, IL seeks a Senior Business Systems Analyst with deep Wealth Management and Trading domain knowledge to drive business and technology initiatives across front-, middle-, and back-office operations.

The role collaborates with traders, portfolio managers, operations and technology teams to define requirements, analyze processes, and implement solutions that enhance trading and wealth management workflows. Strong BA and data skills are essential.

Qualifications

• Strong experience as a Business Systems Analyst in large enterprise environments.
• Expertise in requirements elicitation, gap analysis, process mapping, and business process reengineering.
• Experience creating BRD, FRD, Functional Specifications, User Stories, Process Flows, Data Mapping Documents, Test Scenarios.

Responsibilities

• Partner with Wealth Management, Portfolio Management, Trading, Operations, and Technology stakeholders to understand objectives and define solutions.
• Gather, analyze, document, and validate business, functional, and system requirements.
• Lead requirements workshops, stakeholder interviews, and solution walkthrough sessions.
• Translate business requirements into detailed functional specifications, user stories, process flows, and data mappings.
• Collaborate with solution architects, developers, QA teams, and business stakeholders throughout the SDLC lifecycle.
• Support regulatory and compliance initiatives impacting wealth and trading platforms.
• Facilitate User Acceptance Testing (UAT), defect triage, and production implementation activities.
• Conduct impact analysis for system enhancements and transformation programs.
• Assist in data analysis, reconciliation, and migration activities related to trading and wealth platforms.

Skills

Business Analysis

Requirements elicitation

Gap analysis

Process mapping

Business process reengineering

Agile methodologies

SQL

Data analysis

APIs

System integrations

Interface specifications

Tools

Jira

Confluence

Visio

Job description

Position: Senior Business Systems Analyst

Location: Naperville, IL***Hybrid***

Duration: 1 Years

10+ years of Business Analysis experience with at least 5+ years in Wealth Management, Capital Markets, or Trading environments.

Job Summary

We are seeking a Senior Business Systems Analyst with extensive Wealth Management and Trading domain expertise to drive business and technology initiatives across front-office, middle-office, and trade processing functions. The candidate will work closely with business stakeholders, traders, portfolio managers, operations teams, and technology teams to define requirements, analyze business processes, support strategic transformation initiatives, and deliver technology solutions that enhance trading and wealth management operations.

Key Responsibilities

• Partner with Wealth Management, Portfolio Management, Trading, Operations, and Technology stakeholders to understand business objectives and define solutions.
• Gather, analyze, document, and validate business, functional, and system requirements.
• Lead requirements workshops, stakeholder interviews, and solution walkthrough sessions.
• Translate business requirements into detailed functional specifications, user stories, process flows, and data mappings.

Support Initiatives Involving

• Equity Trading
• Fixed Income Trading
• FX Trading
• Derivatives and Structured Products
• Portfolio Management
• Wealth Advisory Platforms
• Trade Execution and Order Management Systems
• Trade Lifecycle Processing

Analyze front-to-back trade workflows and identify process improvement opportunities.

Collaborate with solution architects, developers, QA teams, and business stakeholders throughout the SDLC lifecycle.

Support regulatory and compliance initiatives impacting wealth and trading platforms.

Facilitate User Acceptance Testing (UAT), defect triage, and production implementation activities.

Conduct impact analysis for system enhancements and transformation programs.

Assist in data analysis, reconciliation, and migration activities related to trading and wealth platforms.

Required Skills & Experience

Business Analysis

Strong experience as a Business Systems Analyst in large enterprise environments.

Expertise in requirements elicitation, gap analysis, process mapping, and business process reengineering.

Experience Creating

• BRD
• FRD
• Functional Specifications
• User Stories
• Process Flows
• Data Mapping Documents
• Test Scenarios

Wealth Management Domain

Strong Understanding Of

• Wealth Management Operations
• Portfolio Management
• Investment Advisory
• Client Onboarding
• Risk Profiling
• Investment Suitability
• Performance Reporting
• Asset Servicing

Trading Domain

Deep Understanding Of

• Trade Lifecycle
• Order Management Systems (OMS)
• Execution Management Systems (EMS)
• Trade Execution
• Trade Allocation
• Trade Settlement
• Trade Reconciliation
• Market Data
• Trading Risk and Controls

Technology & Tools

Experience with Agile and Scrum delivery methodologies.

Proficiency in SQL and data analysis.

Strong knowledge of APIs, system integrations, and interface specifications.

Experience working with Jira, Confluence, Visio, and Agile tooling.

Understanding of cloud-based and modern digital platforms is desirable.

Preferred Experience

Prior experience with major North American banks, wealth management firms, investment managers, or broker-dealers.

Experience with platforms such as Charles River, Avaloq, Broadridge, Temenos, Aladdin, Bloomberg, or similar trading/wealth platforms.

Knowledge of regulatory requirements affecting Wealth and Capital Markets operations

Exposure