Demo

Business Analyst - FICC Options

DRW
Chicago, IL Full Time
POSTED ON 11/21/2025 CLOSED ON 4/7/2026

What are the responsibilities and job description for the Business Analyst - FICC Options position at DRW?

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 operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

As a Business Analyst, you help discover, specify, and accelerate prioritization across Fixed Income, Currency and Commodity Options (FICCO) opportunities. The initial focus will be on DRW's proprietary electronic options execution platform. The role requires well-rounded options, technology, and general trading familiarity as you will work closely with traders, developers, and senior management.

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

  • Strong knowledge of electronic options trading in FICC (and crypto) 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 scopea
  • 2-3 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, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

Salary : $125,000 - $175,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets
This job has expired.
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at DRW

  • DRW Greenwich, CT
  • DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets... more
  • 1 Day Ago

  • DRW Greenwich, CT
  • DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets... more
  • 1 Day Ago

  • DRW Chicago, IL
  • DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets... more
  • 1 Day Ago

  • DRW Chicago, IL
  • DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets... more
  • 1 Day Ago


Not the job you're looking for? Here are some other Business Analyst - FICC Options jobs in the Chicago, IL area that may be a better fit.

  • Wolverine Trading Chicago, IL
  • Department: Trading Location: Chicago, IL Compensation: $100,000 - $125,000 / year Description Wolverine has an opportunity for an early career quantitativ... more
  • 9 Days Ago

  • myGwork - LGBTQ+ Business Community Schaumburg, IL
  • This job is with MARSH , an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ business community. Please do not contac... more
  • 25 Days Ago

AI Assistant is available now!

Feel free to start your new journey!