Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Senior Business Analyst, Equity Index Options

$125k - $175k
Full-time

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’re seeking a Senior Business Analyst to partner with the Equities Options Front Office, risk, and technology teams to translate trader needs into clear, actionable requirements. You’ll own the end-to-end business analysis for equity options initiatives, from initial discovery through implementation and post-launch review, ensuring solutions align with business goals, regulatory requirements, and risk controls.

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 Equities 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 scope
  • 3-5 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 []( . California residents, please review the California Privacy Notice for information about certain legal rights at []( . #LI-DW1
Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Senior Business Analyst, Equity Index Options in Chicago, IL vacancy
  • DRW, a leading trading firm based in Chicago, seeks a Senior Business Analyst to partner with Equities Options Front Office, risk, and tech teams. You will own end-to-end business analysis for equity options initiatives, from discovery to implementation and post-launch... 
    Employment Equity
    Senior

    Trading Interview

    Chicago, IL
    5 days ago
  • DRW, a Chicago-based trading firm, seeks a Senior Business Analyst to partner with the Equities Options Front Office, risk, and technology teams. You will own end-to-end business analysis for equity options initiatives from discovery to post-launch review, ensuring alignment... 
    Employment Equity
    Senior

    P2P Inc.

    Chicago, IL
    6 days ago
  • Optiver’s Index Options Market Making team in Chicago is looking for an Equity Index Macro Analyst. In this role, you will provide research and trade recommendations based on macro events and their impact on equity indices. You will work directly on the trading desk, influencing... 
    Employment Equity
    Senior

    Optiver

    Chicago, IL
    4 days ago
  • $112k - $140k

    Job Description:The Senior Business Analyst, Commercial Operations, leads integrated commercial analytics...  ...needs. Employees are eligible for equity or long-term incentive awards, where...  ...health, vision, and dental insurance options, 401(k) retirement benefits and more for... 
    Employment Equity
    Senior
    Full time
    Temporary work
    Work at office
    Night shift
    Weekend work
    Afternoon shift
    3 days per week

    Xeris Pharmaceuticals

    Chicago, IL
    2 days ago
  • $90k - $122k

    Job DescriptionSenior Analyst, Financial Planning &...  ...millions of ambitious businesses and individuals with the...  .... Job Summary The Senior Financial Analyst, Financial...  ..., and internal equity.Candidates should be comfortable...  ...Account (FSA) options; commuter benefits; and... 
    Employment Equity
    Senior
    Full time
    Work at office
    Immediate start
    Flexible hours

    Acrisure

    Chicago, IL
    1 day ago
  •  ...experienced Performance & Attribution Analyst to support portfolio...  ...data to portfolio managers and senior leadership. Key...  ...level performance attribution (equity, fixed income, multi‑asset) using...  ...Excel, VBA, Power BI, Python—optional based on preference). Support... 
    Employment Equity
    Senior
    Full time

    Coda Search│Staffing

    Chicago, IL
    6 days ago
  • $105.6k

     ...values of a family-owned business and the innovative...  ...The Demand Planning Analyst is responsible for developing...  .... Reporting to the Senior S&OP Manager, NAM, this...  ...skills, education, internal equity, and market data. Well-...  ...suite of flexible work options because we’re strong... 
    Employment Equity
    Senior
    Flexible hours

    Coates Group

    Chicago, IL
    7 days ago
  • $250k - $300k

     ...variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets...  ...to challenge consensusWe are seeking a US Equity Index Trader to join our US Options Trading team.How you will make an impactActively trade US... 
    Employment Equity
    Temporary work
    Flexible hours

    DRW

    Chicago, IL
    4 days ago
  • $120k - $180k

     ...quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams....  ...to reach their greatest potential.Tower seeks an experienced Index Options Trader.Responsibilities:Managing a portfolio of listed... 
    Senior
    Temporary work
    Casual work
    Work at office

    Tower Research Capital

    Chicago, IL
    1 day ago
  • A biotechnology startup in Chicago is searching for a Senior Scientist to spearhead skin biology research and lab operations. This...  ...years of industry experience is preferred. The position offers equity options in a fast-growing startup, requiring excellent leadership and... 
    Employment Equity
    Senior

    Stratum Biosciences

    Chicago, IL
    6 days ago
  • $83.1k - $141.3k

     ...reflect the three cornerstones of business conduct which we strive to...  ...Trust, partnering with senior leaders to translate strategy...  ...at scale.The Senior Business Analyst plays a critical role in enterprise...  ...program that may include an equity component.Work... 
    Employment Equity
    Senior
    H1b
    Work at office
    Worldwide
    Flexible hours

    Northern Trust

    Chicago, IL
    3 days ago
  • CME Group seeks a professional to support the growth of its equity index business in prediction markets and new alternative investment products. The role involves collaborating with various CME teams to drive business initiatives and improve efficiencies. Ideal candidates... 
    Employment Equity
    Senior

    CME Group

    Chicago, IL
    6 days ago
  • $123k - $127k

    Job DescriptionAs a Senior Business Analyst at Kearney, you will be a key contributor to the growth and development of our Strategic Operations...  ...and immediate family Gym membership discounts Non-partner equity-based awards (for consulting managers and above) Structured... 
    Employment Equity
    Senior
    Temporary work
    Immediate start
    Relocation
    Home office
    Flexible hours

    Kearney

    Chicago, IL
    2 days ago
  • $150k - $200k

    A leading proprietary trading firm in Chicago is seeking an Experienced Equity Options Trader to take ownership of strategy and risk in a fast-paced environment. Ideal candidates will have 3-7 years of trading experience, strong market intuition, and proficiency in tools... 
    Employment Equity
    Senior

    Belvedere Trading

    Chicago, IL
    5 days ago
  • ittihad medical centre is looking for experienced quantitative professionals to enhance their US Equity Options trading platform in Chicago. This role focuses on developing quantitative models, analyzing trading datasets, and collaborating with teams to improve trading... 
    Employment Equity
    Senior

    ittihad medical centre

    Chicago, IL
    3 days ago
  • $140k - $150k

     ...safer schools, safer hospitals, safer businesses, and ultimately, safer nations....  ...CPQJob DescriptionWe are looking for a Senior IT Business Analyst specializing in Oracle CPQ to drive the...  ...information to promote pay transparency and equity. Pay within this range varies and... 
    Employment Equity
    Senior
    Full time
    Relocation

    Indigo Vision

    Chicago, IL
    4 days ago
  • $77.33k - $157.67k

     ...analyze, and respond to complex business opportunities and challenges....  ....KPMG is currently seeking a Senior Associate to join our State...  ...fund, fund to funds, private equity, real estate) with state and...  ...competitive benefits package, with options designed to help you make the... 
    Employment Equity
    Senior
    Local area
    Remote work

    KPMG

    Chicago, IL
    3 hours ago
  • $170k - $250k

    A global proprietary trading firm in Chicago is seeking an Equity Options Trader to design systematic trading strategies for equity options and build quantitative models. Candidates must have at least 4 years of experience in the field and proficiency in Python or C++.... 
    Employment Equity
    Senior
    Full time

    Old Mission

    Chicago, IL
    6 days ago
  • $138.23k - $300.04k

     ...analyze, and respond to complex business opportunities and challenges....  ...seeking a Tax Manager or Senior Manager to join our State and...  ...fund, fund to funds, private equity, real estate) with state and...  ...competitive benefits package, with options designed to help you make the... 
    Employment Equity
    Senior
    Local area
    Remote work

    KPMG

    Chicago, IL
    1 day ago
  • $150k - $165k

     ...critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Connect with a career that...  ...the following information to promote pay transparency and equity. Pay within this range varies and depends on job-related knowledge... 
    Employment Equity
    Senior
    Full time
    Work at office
    2 days per week
    1 day per week

    Indigo Vision

    Chicago, IL
    4 days ago
  • $175k - $250k

    Senior Equity Options Volatility Trader - IMC Trading IMC Trading’s US Equity Options business is one of the leading liquidity providers in the market. We are expanding and continuously...  ...able to work effectively with research analysts to make decisions. Salary and... 
    Employment Equity
    Senior
    Permanent employment
    Full time
    Temporary work

    IMC Trading

    Chicago, IL
    6 days ago
  • $60k - $75k

    Sr. Business Analyst Ready to turn bold ideas into real-world impact? At Genpact, we don’t just...  ...teams. Provide recommendations and options to stakeholders based on business value...  ...abilities; geographic location; and internal equity. Genpact is an Equal Opportunity... 
    Employment Equity
    Senior
    Remote work
    Shift work

    Socket

    Chicago, IL
    5 days ago
  • $41.44 - $60.14 per hour

    Location: Chicago, Illinois Business Unit: Rush Medical Center Department: HR Strategy and...  ...experience and skills, as well as internal equity and industry specific market data. The...  ...Information System (HRIS) Business and Reporting Analyst (BP Config, Admin Reporting) bridges... 
    Employment Equity
    Senior
    Hourly pay
    Full time

    Rush University Medical Center

    Chicago, IL
    6 days ago
  • $185k

    Senior Consultant (Nationwide Position- Many Location Options) EngineeringChicago,Illinios Salary: USD 185000 Annually We are...  ...strong client relationships and business development capability. Senior...  ...sustainability, safety, diversity, equity and inclusion. Get to know us... 
    Employment Equity
    Senior
    Work at office
    Flexible hours

    GEI Consultants

    Chicago, IL
    2 days ago
  • A leading global trading firm is seeking experienced quantitative professionals to enhance automated trading decisions in Chicago. Responsibilities include developing quantitative models, analyzing trading datasets, and collaborating with teams across trading, research,...
    Employment Equity
    Senior

    IMC B.V.

    Chicago, IL
    6 days ago
  • $89.3k - $148.9k

    Sr Analyst, Equity and Alternatives BLM Location - New York or ChicagoThe...  ...the growth in CME’s equity index business in prediction markets and new...  ...products. Working with a senior business owner, the candidate...  ...Strong interest in the equity options market namely prediction... 
    Employment Equity
    Senior
    Full time
    Worldwide
    Monday to Friday
    Flexible hours

    CME- Group

    Chicago, IL
    12 hours ago
  • $150k - $200k

     ...rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began...  ...Belvedere Trading is looking for a proven Senior Data Engineer to work directly with our...  ...and reliable attendance during standard business hours with the ability to be on-site prior... 
    Employment Equity
    Senior
    Full time

    Belvedere Trading

    Chicago, IL
    3 days ago
  • $140.88k - $153.75k

     ...teams are at the heart of our business strategy, but these don’t...  ...consulting partner for the private equity industry, Bain's PEG boasts a...  ...pipeline design and index tuning at scale.Model evaluation...  ...runbook, and an SLA are not optional.Raises model quality and reliability... 
    Employment Equity
    Senior
    Full time
    Work at office
    Local area

    Bain & Company

    Chicago, IL
    3 days ago
  • $175k - $200k

     ...rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began...  ...success of the company. We’re looking for a Senior Trading Software Engineer to help push...  ...York, or Singapore offices during normal business hours. Women and underrepresented... 
    Employment Equity
    Senior
    Full time
    2 days per week

    Belvedere Trading

    Chicago, IL
    1 day ago
  • $111.1k - $130.7k

     ...do our best. Helping the customers and businesses we serve to make better and smarter financial...  ...(medical, dental, vision)Basic term and optional term life insuranceShort-term and long-...  ...incentive and recognition programs, equity stock purchase 401(k) contribution and pension... 
    Employment Equity
    Full time
    Work experience placement
    Local area

    US Bank

    Chicago, IL
    3 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Senior Business Analyst, Equity Index Options. Be the first to apply!