nextSource · 2 weeks ago
Senior IT Business Analyst — Trading Systems (Exchange‑Traded Derivatives, Oil & Gas)(Contract)
nextSource is seeking a Senior IT Business Analyst with expertise in Exchange-Traded Derivatives and Commodity Trading. The role involves bridging business and technology, mapping complex trading lifecycles, and ensuring compliance with regulatory initiatives while collaborating with various teams.
Responsibilities
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
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
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
Implement regulatory initiatives (MiFID II, EMIR, MAD/MAR, FCA)
Embed controls across order capture, execution, allocation, settlement, and compliance workflows
Assist with production issue triage; debug messaging systems and network protocols (TCP, multicast)
Drive improvements in resiliency, scalability, and latency across trading platforms
Qualification
Required
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
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)
Exceptional analytical and problem-solving abilities
Strong communication; comfortable in high-pressure trading environments
Proactive, adaptable, and deadline-driven
Candidates must be legally authorized to work in the U.S. and not require employer immigration sponsorship now or in the future
Preferred
Bachelor's in Computer Science, Engineering, Finance, or related field
Certifications: FRM, CFA, MiFID II/RegTech programs (a plus)
Benefits
Healthcare Benefits including Medical, Prescription, Vision & Dental Coverage | United Healthcare
Voluntary STD & LTD | New York Life
401(k) Retirement Planning | Fidelity
Discount Program
Company
nextSource
Human capital management software
Funding
Current Stage
Late StageRecent News
2025-10-02
2025-05-29
2025-05-17
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