Business Systems Analyst

Ust is searching for a highly technical Business Systems Analyst with experience in fintech and derivatives technology to support the design, enhancement, and integration of trading and post-trade systems.

• Partner with trading, operations, risk, finance, compliance, and technology teams to gather, analyze, and document business and system requirements
• Translate derivatives business processes into Feature definition, process maps, data mappings, interface specifications, and user stories
• Analyze front-to-back trade workflows including trade capture, confirmation, valuation, settlements, collateral, margin, reconciliations, and reporting
• Create detailed feature definition, gap analyses, use cases, and workflow diagrams
• Work closely with development (in-house and vendor) and QA teams to clarify requirements, validate technical solutions, and support system implementation
• Define and document source-to-target mappings, reference data requirements, field-level transformations, and integration logic across upstream and downstream systems
• Support enhancements and production issues involving APIs, batch processing, trade feeds, market data, and reporting pipelines
• Participate in system testing, SIT, UAT, and defect triage
• Perform impact analysis for system changes across trading platforms and post-trade ecosystem
• Identify opportunities to improve Product efficiency across derivatives processes

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

• Bachelor's degree in information systems, Computer Science, or related field.
• 4+ years of experience as a Business Systems Analyst, preferably in fintech, or financial services technology.
• Strong knowledge of derivatives products such as swaps, futures, options, forwards, or structured products.
• Solid understanding of the derivatives trade lifecycle and associated operational and system processes.
• Experience documenting system requirements, functional specifications, data mappings, and integration points.
• Strong understanding of SQL, relational databases, data analysis, and system interfaces.
• Experience working with APIs, file-based interfaces, message flows, and enterprise system integrations.
• Familiarity with SDLC, Agile, Waterfall, or hybrid delivery models.
• Experience supporting prioritization, roadmap planning, or cross-functional delivery coordination is a plus.
• Strong analytical, troubleshooting, and documentation skills.
• Excellent communication skills with the ability to work across business and technical teams.
• Preferred Qualifications
• Experience with trading platforms, risk systems, collateral platforms, or post-trade processing systems.
• Familiarity with interest rate, credit, FX, or equity derivatives.
• Working knowledge of FIX, FpML, SWIFT, XML, JSON, or other financial messaging/data standards.
• Experience with data lineage, reconciliation logic, exception handling, and control frameworks.
• Exposure to cloud-based platforms, data warehouses, or real-time event-driven architectures.
• Experience supporting regulatory, audit, or financial controls initiatives.
• Prior exposure to product backlog management, roadmap support, or feature delivery ownership in a technical environment.

Compensation can differ depending on factors including but not limited to the specific office location, role, skill set, education, and level of experience. UST provides a reasonable range of compensation for roles that may be hired in various U.S. markets as set forth below.

Role

Location:

Iowa

Compensation Range: $73,000-$110,000

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