Business Analyst - algorithmic trading

Job Title: Business Analyst - algorithmic trading

Job Location: New York , New York (3 days onsite)

Job Type: Contract W-2

Must Have: Front-office, BA on in-house trade execution application (no high-frequency). Understands algorithmic trading, execution life cycle, different order types

A global bank is seeking a Business Analyst to join our team to enhance our algorithmic trading and real-time application capabilities. The Business Analyst will collaborate closely with our international colleagues to ensure alignment and effectiveness in our global initiatives

The Global Markets Pre-Trade IT team is dedicated to delivering reliable and timely IT solutions for the Global Macro (Rates, FX), Equity/Securities Lending, and Credit businesses. This team is actively involved in all phases of application development, including user needs gathering, analysis, design, implementation, delivery, support, and maintenance, all within an agile framework. Our technology stack encompasses Fidessa, Horizon Trading Solutions, Dash Financials, Bloomberg EMSX, ION, as well as various in-house solutions.

Roles and responsibilities:

• Collaborate with business stakeholders to gather and document requirements for algorithmic trading systems and real-time applications.
• Analyze business processes to identify opportunities for improvement and innovation in the context of Global Securities Financing and Equities.
• Develop and maintain detailed functional specifications and use cases to guide development teams.
• Facilitate communication between business units, development teams, and stakeholders to ensure alignment and clarity on project goals and deliverables.
• Conduct data analysis to support trading strategies and decision-making processes.
• Participate in the testing and validation of new features and enhancements, ensuring alignment with business requirements.
• Provide ongoing support to users, addressing inquiries and assisting with training as needed.

Skills:

• 5 to 9 years of experience as a Business Analyst, preferably within financial services, focusing on algorithmic trading and real-time applications.
• Strong understanding of Global Securities Financing and Equities markets.
• Proficient in data analysis and visualization tools (e.g., SQL, Excel, FIX messages).
• Excellent communication and interpersonal skills with the ability to work collaboratively across diverse teams.
• Familiarity with agile methodologies and project management practices.
• Detail-oriented, with strong analytical and problem-solving skills.
• Bachelor’s degree in Finance, Business, Information Technology, or a related field.