Business Analyst, FCM

What you’ll do

• Gather, document, and validate business requirements for FCM operational and technology initiatives, including user stories, process flows, and functional specifications
• Partner with FCM Operations to document end‑to‑end workflows—onboarding, order routing, clearing, settlement, and margin—and identify process improvement opportunities
• Support the FCM Risk function by maintaining policy and procedure documentation, control frameworks, and audit‑ready records in line with NFA and CFTC requirements
• Coordinate UAT, defect tracking, and go‑live validation for FCM systems and tooling with Engineering and Product teams
• Build and maintain operational dashboards and KRI reporting to support the Risk Committee, senior management, and regulatory submissions
• Conduct data analysis and research to surface operational trends, risks, and opportunities across FCM business lines
• Support readiness activities for new product launches and exchange/DCO memberships, including documentation of operating procedures and controls
• Facilitate cross‑functional working sessions and serve as a liaison between business stakeholders and technical teams

• 3+ years of relevant experience in business analysis, operations, or strategy within financial services; experience at or supporting a Futures Commission Merchant, broker‑dealer, or fintech preferred
• Working knowledge of futures clearing, settlement, margin, and order management concepts
• Ability to write clear business requirements, process documentation, and functional specifications
• Experience supporting technology projects through requirements gathering, UAT, and go‑live activities
• Strong written and verbal communication skills with the ability to work effectively across business and technical teams
• Familiarity with NFA and CFTC regulatory frameworks

The salary range for this role is $140,000 – $190,000 USD. The position includes an annual target bonus of 15% based on individual (50%) and company/team (50%) performance. Ninja Trader also offers a 401(k) plan with a 3.5% company match and an annual paid time off allowance of 18 days plus seven paid holidays.

This role is based in Chicago, IL. The position is not open to remote candidates.

• In‑office Tuesdays through Thursdays, with remote work on Mondays and Fridays
• 20 additional flexible remote days annually
• 5 company‑wide office‑optional weeks tied to major holidays

• Generous PTO
• 7 paid holidays annually + 5 conditional holidays annually
• 1 service day annually
• 401(k) with 3.5% company match
• Life and disability insurance covered 100% by Ninja Trader

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.