Senior Business Analyst

Growing US Broker Dealer is seeking an experienced Business Analyst to partner with Trading, Operations, Compliance, Risk, Finance, and Technology to analyze, document, and improve end-to-end broker-dealer processes across trading and operational flows (front-to-back) and new product innovation. The Senior Business Analyst will report directly to the CTO, and will require a strategic mindset with a high level of collaboration. This role translates business needs into clear requirements and data-driven solutions, supports regulatory/compliance initiatives, and drives delivery of enhancements to trading, post-trade, client servicing platforms and new product launches.

• Own requirements lifecycle: intake, discovery, process mapping, user stories/BRDs/FRDs, acceptance criteria, traceability, and sign-off.
• Document and analyze front-to-back trading flows across asset classes (e.g., equities, options, fixed income) including order capture, routing, execution, allocations, confirmations, clearing, settlement, and fails management.
• Document and analyze operational flows including client onboarding, account maintenance, cash/securities movements, corporate actions, reconciliations, margin/stock loan impacts, and exception management.
• Facilitate workshops with business and technology stakeholders; identify root causes, gaps, controls, and opportunities for automation/straight-through processing (STP).
• Partner with Product/Engineering to translate requirements into solution designs; support sprint planning, backlog refinement, and prioritization.
• Define data requirements and validate source-to-target mappings; support data quality checks and reconciliation logic.
• Support testing: create test scenarios, coordinate UAT, triage defects, validate fixes, and ensure readiness for production release.
• Develop operating procedures and training materials; support rollout, cutover planning, and production support processes.
• Collaborate with Compliance/Risk on regulatory-driven initiatives; ensure controls and auditability are embedded in process and system designs.
• Track risks, issues, and dependencies; provide clear status updates and communicate impacts to timelines and scope.
• 5+ years of Business Analyst experience within a US broker-dealer, capital markets, or clearing/prime brokerage environment.
• Demonstrated experience mapping and improving operational/trading flows (front-to back) and technological enhancements in a regulated environment.
• Strong knowledge of post-trade lifecycle (confirm/affirm, clearing, settlement, breaks/fails) and operational controls.
• Ability to translate complex business processes into clear requirements, process maps, and testable deliverables.
• Strong technical knowledge, including: data analysis with SQL; ability to work with APIs/event messages; understanding of system integrations and data models.
• Hands-on experience in Agile delivery (user stories, sprint ceremonies, UAT) and/or hybrid SDLC.
• Proficiency in Microsoft Office products, including Excel, PowerPoint, and Project.
• Excellent ability to communicate effectively and influence stakeholders across Trading, Operations, and Technology.
• Bachelor's degree or equivalent practical experience.

SQL proficiency (complex joins, aggregations) and comfort validating data across multiple sources.

• Understanding of messaging/integration patterns (e.g., FIX, REST APIs, event-driven architectures) and ability to troubleshoot across systems.
• Experience working with data warehouses/lakes and BI tools (e.g., Power BI, Tableau) is a plus.
• Familiarity with issue tracking and delivery tools (e.g., Jira/Confluence or similar).
• Ability to read technical documentation (API specs, data dictionaries) and partner effectively with engineers/QA.

Regulatory & Controls Awareness

• Working knowledge of broker-dealer control environment (segregation of duties, approvals, supervisory controls, audit trails).
• Comfort supporting regulatory/compliance initiatives and partnering with Compliance/Risk/Legal on requirements and evidence needs.
• Familiarity with common US broker-dealer concepts such as best execution, trade reporting, books and records, margin, AML/KYC workflows, and customer…