Senior IT Business Analyst — Trading Systems (Exchange‑Traded Derivatives, Oil & Gas)(Contract)

Senior IT Business Analyst — Trading Systems (ETD, Oil & Gas)

📍 Location: On-Site | Houston, Texas

📄 Employment Type: Contract

💰 Pay Rate: $75/hr – $105/hr (DOE)

Work Authorization & Vendor Policy:

We’re not engaging subvendors or third‑party agencies for this role. Candidates must be legally authorized to work in the U.S. and not require employer immigration sponsorship now or in the future.

About the Role

We’re seeking a Senior IT Business Analyst with deep expertise in Exchange-Traded Derivatives (ETD) and Commodity Trading (Oil & Gas). You’ll act as the bridge between business and technology—mapping complex RFQ, order, and trade lifecycles, shaping scalable algorithmic trading solutions, and partnering with traders, developers, QA, and infrastructure teams.

If you thrive in a fast-paced trading environment, bring strong industry knowledge, and can translate business needs into robust, compliant technology delivery, this role is for you.

Key Responsibilities

• Business Analysis & Delivery:
• Gather and translate business requirements into technical solutions across front/middle office workflows.
• Map RFQ, order, allocation, and settlement lifecycles; identify gaps and recommend improvements.
• Ensure end-to-end delivery and operational readiness with development, QA, and support teams.
• Subject Matter Expertise:
• Act as SME for ETD trading systems, instrument static data, market data, and connectivity (EMS/OMS).
• Guide algorithmic trading design ensuring MiFID II/RTS 6 compliance; support audits and evidence gathering.
• Platform & Connectivity:
• Contribute to FIX engineering (sessions, schemas, certification, monitoring).
• Support exchange certification, deployments, and production support.
• Collaborate with vendors (TT, NYFIX, Bloomberg, TradingScreen) for connectivity and upgrades.
• Regulatory & Controls:
• Implement regulatory initiatives (MiFID II, EMIR, MAD/MAR, FCA).
• Embed controls across order capture, execution, allocation, settlement, and compliance workflows.
• Troubleshooting & Optimization:
• Assist with production issue triage; debug messaging systems and network protocols (TCP, multicast).
• Drive improvements in resiliency, scalability, and latency across trading platforms.

Required Experience & Skills

• Industry Knowledge:
• 8 years in Commodity Trading & Price Risk Management or Capital Markets/Investment Banking.
• Strong understanding of global futures exchanges and ETD workflows.
• Familiarity with market data providers (Bloomberg, Refinitiv) and liquidity aggregation platforms.
• Technical Skills:
• Proven IT Business Analyst experience in trading environments (Front/Middle Office).
• FIX protocol engineering and connectivity troubleshooting.
• Proficiency in Windows/Linux; scripting/programming (Python, PowerShell, C#, SQL).
• Exposure to messaging systems and network debugging (TCP, multicast).
• Soft Skills:
• Exceptional analytical and problem-solving abilities.
• Strong communication; comfortable in high-pressure trading environments.
• Proactive, adaptable, and deadline-driven.

Education & Certifications (Preferred)

• Bachelor’s in Computer Science, Engineering, Finance, or related field.
• Certifications: FRM, CFA, MiFID II/RegTech programs (a plus).

nextSource is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, marital status, parental status, cultural background, organizational level, work styles, tenure, and life experiences or for any other reason.

nextSource is committed to providing reasonable accommodation for qualified individuals with disabilities in our job application procedures. If you need assistance or accommodation due to a disability, you may contact us at talent@nextSource.com.

What nextSource Provides:

• Healthcare Benefits including Medical, Prescription, Vision & Dental Coverage | United Healthcare
• Voluntary STD & LTD | New York Life
• 401(k) Retirement Planning | Fidelity
• Discount Program

*You are Eligible to participate in the benefits program if you are considered a full-time employee of nextSource, working at least 30 hours per week on a consistent basis. Your coverage will be effective on the 1st of the month following 60 days of employment.