Business Analyst

Position - Business Analyst


Location - Naperville, IL onsite

10+ years of Business Analysis experience with at least 5+ years in Wealth Management, Capital Markets, or Trading Environments.


Job Summary


We are seeking a Senior Business Systems Analyst with extensive Wealth Management and Trading domain expertise to drive business and technology initiatives across front-office, middle-office, and trade processing functions. The candidate will work closely with business stakeholders, traders, portfolio managers, operations teams, and technology teams to define requirements, analyze business processes, support strategic transformation initiatives, and deliver technology solutions that enhance trading and wealth management operations.

Key Responsibilities


Partner with Wealth Management, Portfolio Management, Trading, Operations, and Technology stakeholders to understand business objectives and define solutions.


Gather, analyze, document, and validate business, functional, and system requirements.


Lead requirements workshops, stakeholder interviews, and solution walkthrough sessions.


Translate business requirements into detailed functional specifications, user stories, process flows, and data mappings.

Support initiatives involving:


Equity Trading


Fixed Income Trading


FX Trading


Derivatives and Structured Products


Portfolio Management


Wealth Advisory Platforms


Trade Execution and Order Management Systems


Trade Lifecycle Processing

Analyze front-to-back trade workflows and identify process improvement opportunities.


Collaborate with solution architects, developers, QA teams, and business stakeholders throughout the SDLC lifecycle.


Support regulatory and compliance initiatives impacting wealth and trading platforms.


Facilitate User Acceptance Testing (UAT), defect triage, and production implementation activities.


Conduct impact analysis for system enhancements and transformation programs.


Assist in data analysis, reconciliation, and migration activities related to trading and wealth platforms.

Required Skills & Experience


Business Analysis


Strong experience as a Business Systems Analyst in large enterprise environments.


Expertise in requirements elicitation, gap analysis, process mapping, and business process reengineering.


Experience creating:


BRD


FRD


Functional Specifications


User Stories


Process Flows


Data Mapping Documents


Test Scenarios

Wealth Management Domain


Strong understanding of:


Wealth Management Operations


Portfolio Management


Investment Advisory


Client Onboarding


Risk Profiling


Investment Suitability


Performance Reporting


Asset Servicing

Trading Domain


Deep understanding of:


Trade Lifecycle


Order Management Systems (OMS)


Execution Management Systems (EMS)


Trade Execution


Trade Allocation


Trade Settlement


Trade Reconciliation


Market Data


Trading Risk and Controls

Technology & Tools


Experience with Agile and Scrum delivery methodologies.


Proficiency in SQL and data analysis.


Strong knowledge of APIs, system integrations, and interface specifications.


Experience working with Jira, Confluence, Visio, and Agile tooling.


Understanding of cloud-based and modern digital platforms is desirable.

Preferred Experience


Prior experience with major North American banks, wealth management firms, investment managers, or broker-dealers.


Experience with platforms such as Charles River, Avaloq, Broadridge, Temenos, Aladdin, Bloomberg, or similar trading/wealth platforms.


Knowledge of regulatory requirements affecting Wealth and Capital Markets operations


Exposure to digital transformation and modernization initiatives.