Sr. Subject Matter Expert I - OEMS

Clearwater Analytics, Ltd; Chicago (IL); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health/vision/dental insurance

401(k)

PTO

Parental leave

Medical leave

STD/LTD insurance benefits

Job summary

Clearwater Analytics, Ltd in Chicago is seeking a Business Analyst to enhance their order execution platform. The candidate will utilize their expertise in trading concepts and the FIX protocol to develop effective product features. This role demands strong collaboration with engineers and clients to address complex trading workflows.

Required qualifications include a degree in finance or economics, experience with FIX protocol, and excellent communication skills. The role offers competitive compensation between $85,000 and $120,000 annually, along with comprehensive benefits.

Qualifications

• Strong foundation in trading and execution concepts.
• Ability to work independently on complex problems.
• Collaborative working style across cross-functional teams.

Responsibilities

• Research complex trading workflows and FIX protocol behavior.
• Partner with engineering on feature design.
• Develop, maintain, and execute test plans.
• Contribute to client conversations as a domain authority.
• Monitor shifts in domain and identify product expansion opportunities.

Skills

Trading concepts

FIX protocol

Electronic execution

Broker and venue connectivity

Trader workflows

Transaction cost analysis

Test plan development

Data analysis

Excellent communication

Education

Degree in finance, economics, or related field

Job description

## Business AnalystApplylocations: Office - Chicagotime type: Full timeposted on: Posted 4 Days Agojob requisition id: R11831About the RoleClearwater is hiring a Business Analyst to help shape the future of our order execution (OEMS) platform. You will be a go-to authority on trading concepts, including the FIX protocol, electronic execution, broker and venue connectivity, trader workflows, and transaction cost analysis — translating that expertise into well-designed, thoroughly tested product features. Working closely with engineers, product teams, and clients, you will make a meaningful impact both internally and in the market.What You Will DoProduct & domain expertise* Research complex trading workflows, FIX protocol behavior, and broker/venue integration requirements to propose and implement effective product solutions.* Partner with engineering and product teams on feature design, ensuring domain considerations are built in from the start.* Review requirements, design documents, and scope materials, providing substantive feedback across the development lifecycle.Quality & validation* Develop, maintain, and execute test plans — defining edge cases, analyzing data inputs, and validating feature behavior.* Log defects, retest, and verify fixes through resolution.\External voice & thought leadership* Contribute to client conversations as a domain authority.* Produce white papers and internal communications on methodology.* Collaborate with software engineers to implement new broker and venue staging connections, FIX protocol enhancements, and execution workflow changes.Strategy & mentorship* Monitor shifts in your domain, anticipate downstream impacts of product changes, and identify opportunities for product expansion.* Mentor junior team members and help build the team's collective depth of knowledge.What We're Looking ForWe welcome candidates from a range of backgrounds. What matters most is a strong foundation in trading and execution and the ability to translate domain knowledge into clear, actionable guidance for technical and non-technical audiences.Required qualifications* Degree in finance, economics, or a related field — or equivalent professional experience on a buy-side or sell-side trading desk.* Strong foundation in trading and execution concepts with demonstrated experience working with the FIX protocol, broker and venue connectivity, and buy-side trader workflows.* Proven ability to work independently on complex, ambiguous problems.* Excellent written and verbal communication; comfortable leading client-facing conversations.* Collaborative working style across cross-functional teams.* Systems-level thinking — you understand how decisions in one area ripple across a platform, and you take ownership of getting ahead of those risks.Nice to have* Experience writing white papers, methodology documentation, or other thought leadership content.* Familiarity with OMS/EMS platforms, FIX engines, or buy/sell-side trading desk operations.* Experience mentoring colleagues or leading cross-functional initiatives.What We OfferAt Clearwater, you'll work on meaningful, domain-rich problems at the intersection of finance and technology. You'll join a collaborative team that values expertise, continuous learning, and proactive thinking$85,000 - $120,000This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.