Business Analyst, FCM

NinjaTraderChicago, IL
Hybrid

About The Position

We are seeking a highly motivated and detail-oriented Business Analyst to report to the Sr. Director of FCM Strategy and support NinjaTrader Clearing, LLC (NTC). This role sits at the intersection of FCM Operations, Risk & Compliance, Product, and Engineering—serving as the connective tissue that translates complex business needs into clear requirements, documented processes, and actionable insights. You will play a key role in supporting NTC's operational and analytical infrastructure as the firm expands into perpetual futures, leveraged spot, and 24/7 cleared markets. This is a high-visibility role with meaningful cross-functional exposure and strong opportunity for growth as the FCM function scales.

Requirements

  • 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

Responsibilities

  • 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—including 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 in partnership 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

Benefits

  • Annual target bonus of 15%
  • 401K plan through ADP with company match up to 3.5%
  • 18 days of annual paid time off
  • Seven paid holidays
  • Health, Vision, Dental Coverage
  • Life and Disability Insurance Covered 100% by NinjaTrader
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