Business Analyst

Business Analyst Position

We are seeking a driven and experienced Business Analyst to serve as a key escalation point and strategic planner for the Futures & Options (F&O) Margin team at a major financial institution. In this vital role, you will be the main point of contact for internal and external stakeholders, ensuring continuous adherence to collateral requirements, regulatory standards, and overall risk management. The ideal candidate possesses a strong background in financial markets, excellent stakeholder management skills, and a commitment to operational excellence.

Location : Hybrid in Chicago, IL

Pay Rate : $40.37 per hour

Shift : Mon - Fri, 8 : 00 AM - 5 : 00 PM

Responsibilities :

• Serve as the key escalation point for the F&O Margin team and the primary point of contact for all internal and external stakeholders.
• Monitor and manage the firm's collateralization requirements arising from counterparty trading activities with margin documentation.
• Execute and process collateral substitutions, bookings, and releases (Pledged & Lodged) with counterparties.
• Ensure all Client Margin Calls are covered daily; investigate and resolve all margin call discrepancies.
• Identify and timely escalate fails to Credit / Risk Management, Collateral Risk Management, and Operations Management.
• Manage and participate in strategic initiatives, including managing project timelines and providing strategic planning for the team.
• Own the onboarding of new products and manage all aspects of industry initiatives.
• Manage all risk aspects, including adherence to internal policies, procedures, external regulatory requirements, and managing internal / external audits.
• Handle client trade and settlement queries daily, including the booking of FX transactions for the client base.
• Participate in staff development and the appraisal process.

Qualifications (Required Skills) :

This position is managed by a National Recruitment Team. To be considered, please follow the application instructions provided. Interested? APPLY NOW for immediate consideration!

Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.

Equal Opportunity Employer / Veterans / Disabled Military connected talent encouraged to apply.