Business Systems Analyst - FX Trading Platform Modernization

Job Title: Business Systems Analyst – FX Trading Platform Modernization
Location: Salt Lake City, Utah

Work Mode : 5 Days Onsite

Duration : Contract to Hire

Responsibilities

• Lead business analysis, strategic planning, and migration initiatives supporting the transition from legacy FX trading platforms, such as Nasdaq Spectrum, to modern enterprise trading solutions including ION and Calypso while minimizing operational disruption
• Assess current and future-state trading capabilities through business process analysis, capability assessments, gap analyses, vendor evaluations, and RFP support to recommend technology solutions aligned with business objectives
• Partner with stakeholders across FX Trading, Treasury, Operations, Risk Management, Finance, Compliance, and Technology to gather, analyze, validate, and document business, functional, technical, and non-technical requirements
• Analyze and optimize the end-to-end FX trade lifecycle, including trade capture, pricing, confirmations, settlements, treasury operations, market risk, accounting, and regulatory reporting to improve automation, scalability, and operational efficiency
• Define business and integration requirements supporting connectivity between enterprise trading platforms and downstream systems using SWIFT financial messaging (MT300, MT103, MT202), REST APIs, microservices, and modern enterprise integration patterns
• Collaborate with business leaders, architects, developers, QA teams, infrastructure teams, and third-party vendors throughout platform selection, solution design, implementation, testing, migration, and production deployment
• Support business process reengineering, solution design, data mapping, migration planning, testing strategy, User Acceptance Testing (UAT), production readiness, and post-production stabilization activities
• Develop high-quality project artifacts including business requirements documents (BRDs), functional specifications, process flows, user stories, use cases, data mapping documents, test scenarios, and implementation documentation
• Facilitate stakeholder workshops, business process reviews, and solution design sessions while ensuring alignment across technical and business teams
• Mentor junior Business Analysts, promote business analysis best practices, and contribute to continuous process improvement initiatives across the project organization

Requirements

• Bachelor's degree in Business, Information Systems, Computer Science, Finance, or a related discipline
• 3+ years of Business Systems Analysis experience supporting Capital Markets, Treasury, Banking, or Financial Services technology initiatives
• Hands-on experience supporting enterprise FX trading platforms such as Nasdaq Spectrum, ION, Calypso, or comparable Capital Markets trading solutions
• Strong understanding of the complete Foreign Exchange trade lifecycle, including: Spot, Forwards, Swaps, Options, Pricing, Confirmations, Settlements, Treasury Operations, Market Risk, Regulatory Reporting
• Proven experience supporting enterprise platform modernization, migration, or digital transformation initiatives, including requirements gathering, business process analysis, gap analysis, vendor evaluations, RFP support, data migration, and business process reengineering
• Strong knowledge of SWIFT financial messaging standards, including MT300, MT103, MT202, and related treasury messaging workflows
• Experience supporting enterprise integrations using REST APIs, microservices, cloud-native architectures, and modern integration patterns within financial services environments
• Strong analytical, problem-solving, facilitation, stakeholder management, communication, and technical documentation skills
• Experience working within Agile software delivery methodologies such as Scrum, Kanban, or SAFe
• Experience supporting testing activities including System Integration Testing (SIT), User Acceptance Testing (UAT), production implementation, and post-production support
• Working knowledge of SQL, data analysis, reporting tools, or business intelligence platforms is considered an asset

Preferred Qualifications

• Experience with Capital Markets transformation or enterprise trading platform replacement programs
• Experience working with cloud-based financial services platforms and modern application architectures
• Familiarity with FIX protocol, ISO 20022 messaging, or additional financial messaging standards
• Experience supporting regulatory initiatives affecting Capital Markets or Treasury organizations
• CBAP, PMI-PBA, Agile, Scrum, or SAFe certifications are considered an asset

System One, and its subsidiaries including Joulé, ALTA IT Services, TeamPeople, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.