Business Analyst Derivatives

Company: Brains Workgroup, Inc.
Location: New York
Posted on: May 22, 2025

Job Description:

Our client, a major bank in New York City, is looking for Business Analyst with Equity Derivatives / Commodities lines of business.

Is this the role you are looking for If so read on for more details, and make sure to apply today.
This role is hybrid commute (3 days in NYC Office per week).

This is 6-12 months contract with possible extensions or option to hire.

Rate: $80-88/h on W2 DOE, possible C2C as well.

Business Analyst with Equities Derivatives / Commodities

Job Summary:

This is a mid-level engineer position supporting an Equity Derivatives & Commodities Futures Trading desk. The candidate must have experience in Equity Derivatives and/or Commodities and is willing to provide support to traders.
It would be a plus if the candidate has experience with the Murex/Calypso or equivalent trading system.

Major Responsibilities:

- Day-to-Day trade support for the Equities Derivatives/Commodities trading desk, closely interacting with traders executing and risk managing complex derivative products.
- Troubleshooting support issues and provide highly active support in the resolution of problems for the trading desk, manage communications to the desk regarding platform issues and resolutions.
- Ensuring accurate trade capture, event processing, representation of positions, PL & risk exposures in risk management systems.
- Liaising with global Tech and Ops counterparts on a variety of strategic initiatives - representing the business interests by providing expertise across products & systems, testing new technology rollouts, and driving enhancements to existing systems and processes
- Performing reconciliation processes across systems to help system upgrades and maintain various systems connectivity to ensure smooth trading desk activities.
- Learn and adapt quickly to the fast-changing desk operations. E.g., New products implementation
- Technical documentation of system requirements/solutions and maintaining support run book for Production issues.

Required Qualifications:

- Academic background in a STEM discipline such as Computer Science, Engineering, Physics, Mathematics or Financial Engineering
- Analytical background including an understanding of applied Math, Probability and Statistics.
- At least 2-4 years of experience with developing solutions for Equity Derivatives/Commodities lines of business (i.e., Futures, Total return swaps, Vanilla options, Exotic options, Equity swaps, etc.). Prior experience must include experience with: Utilizing risk management systems to identify and resolve booking errors and technology issues pertaining to trade bookings and subsequent front-to-back flows.
- A thorough understanding of market data conventions and ability to understand the interpret market data provider specifications.
- Ability to multitask several ongoing issues. This involves the ability to assess priority and make appropriate decisions quickly and effectively.
- Experience working on a trading floor supporting mission critical applications.
- Experience working with Job scheduling applications.
- Ability to communicate effectively both verbally and in writing to technical and non-technical audiences.
- Fundamental understanding of database modeling and ETL type applications
- Effective interpersonal skills and relationship-building skills.
- Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.
- Strong analytical skills to understand a broad set of sophisticated cross-asset products and complex end-to-end workflows.
- Geared towards process improvement, system enhancement and automation.

- Unix/Linux knowledge
- Advanced Excel skills is preferred but not required.
- Knowledge of JIRA for issue and project tracking


Nice to have Qualifications:

- College degree required.
- Murex/Calypso or equivalent experience
- Database & SQL experience

Targeted systems:

- Murex/Calypso
- Bloomberg


Please email your resume orUse this link to apply directly:
https://brainsworkgroup.catsone.com/careers/index.php?m=portal&a=details&jobOrderID=16544127
Or email: igork@brainsworkgroup.com
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Keywords: business analyst equities derivatives commodities trading desk math probability financial statistics swaps futures options jira linux murex calypso sql

Keywords: Brains Workgroup, Inc., West New York , Business Analyst Derivatives, Professions , New York, New Jersey