What are the responsibilities and job description for the Business Analyst Commodities position at Brains Workgroup, Inc.?
Our client, a major bank in New York City, is looking for Business Analyst with Equity Derivatives / Commodities lines of business.
This role is hybrid commute (2-3 days in the office per week).
This is 6 months contract with possible extensions or option to hire.
Rate: $80-88/h on W2 DOE, possible C2C as well.
Business Analyst with Equities Derivatives / Commodities
HYBRID -Onsite 2-3days a week
Job Summary:
This is a mid-level engineer position supporting an Equity Derivatives & Commodities Futures Trading desk. The candidate must have experience in Equity Derivatives and/or Commodities and is willing to provide support to traders. It would be a plus if the candidate has experience with the Murex/Calypso or equivalent trading system.
Major Responsibilities:
- Day-to-Day trade support for the Equities Derivatives/Commodities trading desk, closely interacting with traders executing and risk managing complex derivative products.
- Troubleshooting support issues and provide highly active support in the resolution of problems for the trading desk, manage communications to the desk regarding platform issues and resolutions.
- Ensuring accurate trade capture, event processing, representation of positions, PL & risk exposures in risk management systems.
- Liaising with global Tech and Ops counterparts on a variety of strategic initiatives – representing the business interests by providing expertise across products & systems, testing new technology rollouts, and driving enhancements to existing systems and processes
- Performing reconciliation processes across systems to help system upgrades and maintain various systems connectivity to ensure smooth trading desk activities.
- Learn and adapt quickly to the fast-changing desk operations. E.g., New products implementation
- Technical documentation of system requirements/solutions and maintaining support run book for Production issues.
Required Qualifications:
- Academic background in a STEM discipline such as Computer Science, Engineering, Physics, Mathematics or Financial Engineering
- Analytical background including an understanding of applied Math, Probability and Statistics.
- At least 2-4 years of experience with developing solutions for Equity Derivatives/Commodities lines of business (i.e., Futures, Total return swaps, Vanilla options, Exotic options, Equity swaps, etc.). Prior experience must include experience with: Utilizing risk management systems to identify and resolve booking errors and technology issues pertaining to trade bookings and subsequent front-to-back flows.
- A thorough understanding of market data conventions and ability to understand the interpret market data provider specifications.
- Ability to multitask several ongoing issues. This involves the ability to assess priority and make appropriate decisions quickly and effectively.
- Experience working on a trading floor supporting mission critical applications.
- Experience working with Job scheduling applications.
- Ability to communicate effectively both verbally and in writing to technical and non-technical audiences.
- Fundamental understanding of database modeling and ETL type applications
- Effective interpersonal skills and relationship-building skills.
- Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.
- Strong analytical skills to understand a broad set of sophisticated cross-asset products and complex end-to-end workflows.
- Geared towards process improvement, system enhancement and automation.
- Unix/Linux knowledge
- Advanced excel skills is preferred but not required.
- Knowledge of JIRA for issue and project tracking
Nice to have Qualifications:
- College degree required.
- Murex/Calypso or equivalent experience
- Database & SQL experience
Targeted systems:
- Murex/Calypso
- Bloomberg
Please email your resume or
This role is hybrid commute (2-3 days in the office per week).
This is 6 months contract with possible extensions or option to hire.
Rate: $80-88/h on W2 DOE, possible C2C as well.
Business Analyst with Equities Derivatives / Commodities
HYBRID -Onsite 2-3days a week
Job Summary:
This is a mid-level engineer position supporting an Equity Derivatives & Commodities Futures Trading desk. The candidate must have experience in Equity Derivatives and/or Commodities and is willing to provide support to traders. It would be a plus if the candidate has experience with the Murex/Calypso or equivalent trading system.
Major Responsibilities:
- Day-to-Day trade support for the Equities Derivatives/Commodities trading desk, closely interacting with traders executing and risk managing complex derivative products.
- Troubleshooting support issues and provide highly active support in the resolution of problems for the trading desk, manage communications to the desk regarding platform issues and resolutions.
- Ensuring accurate trade capture, event processing, representation of positions, PL & risk exposures in risk management systems.
- Liaising with global Tech and Ops counterparts on a variety of strategic initiatives – representing the business interests by providing expertise across products & systems, testing new technology rollouts, and driving enhancements to existing systems and processes
- Performing reconciliation processes across systems to help system upgrades and maintain various systems connectivity to ensure smooth trading desk activities.
- Learn and adapt quickly to the fast-changing desk operations. E.g., New products implementation
- Technical documentation of system requirements/solutions and maintaining support run book for Production issues.
Required Qualifications:
- Academic background in a STEM discipline such as Computer Science, Engineering, Physics, Mathematics or Financial Engineering
- Analytical background including an understanding of applied Math, Probability and Statistics.
- At least 2-4 years of experience with developing solutions for Equity Derivatives/Commodities lines of business (i.e., Futures, Total return swaps, Vanilla options, Exotic options, Equity swaps, etc.). Prior experience must include experience with: Utilizing risk management systems to identify and resolve booking errors and technology issues pertaining to trade bookings and subsequent front-to-back flows.
- A thorough understanding of market data conventions and ability to understand the interpret market data provider specifications.
- Ability to multitask several ongoing issues. This involves the ability to assess priority and make appropriate decisions quickly and effectively.
- Experience working on a trading floor supporting mission critical applications.
- Experience working with Job scheduling applications.
- Ability to communicate effectively both verbally and in writing to technical and non-technical audiences.
- Fundamental understanding of database modeling and ETL type applications
- Effective interpersonal skills and relationship-building skills.
- Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.
- Strong analytical skills to understand a broad set of sophisticated cross-asset products and complex end-to-end workflows.
- Geared towards process improvement, system enhancement and automation.
- Unix/Linux knowledge
- Advanced excel skills is preferred but not required.
- Knowledge of JIRA for issue and project tracking
Nice to have Qualifications:
- College degree required.
- Murex/Calypso or equivalent experience
- Database & SQL experience
Targeted systems:
- Murex/Calypso
- Bloomberg
Please email your resume or
Use this link to apply directly:
https://brainsworkgroup.catsone.com/careers/index.php?m=portal&a=details&jobOrderID=16544127
Or email: igork@brainsworkgroup.com
Check ALL our Jobs: http://brainsworkgroup.catsone.com/careers
Keywords: business analyst equities derivatives commodities trading desk math probability financial statistics swaps futures options jira linux murex calypso sql
https://brainsworkgroup.catsone.com/careers/index.php?m=portal&a=details&jobOrderID=16544127
Or email: igork@brainsworkgroup.com
Check ALL our Jobs: http://brainsworkgroup.catsone.com/careers
Keywords: business analyst equities derivatives commodities trading desk math probability financial statistics swaps futures options jira linux murex calypso sql
Salary : $80 - $88
