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Business Analyst, FCM

NinjaTraderChicago, IL
ResearchMidHybrid

As a Business Analyst supporting NinjaTrader Clearing, LLC (NTC), you'll report to the Sr. Director of FCM Strategy and serve as the connective tissue between FCM Operations, Risk & Compliance, Product, and Engineering. You'll translate complex business needs into clear requirements, documented processes, and actionable insights 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.

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—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

What you bring

  • 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

What we offer

  • Salary of $140,000–$190,000 USD plus an annual target bonus of 15% (based on 50% individual performance and 50% company/team performance)
  • 401(k) plan with 3.5% company match
  • 18 days of annual paid time off plus 7 paid holidays
  • 20 additional flex remote days annually
  • 5 company-wide office-optional weeks tied to major holidays
  • Paid parental bonding leave
  • Health, vision, and dental coverage
  • Life and disability insurance covered 100% by NinjaTrader
  • 1 service day annually

About NinjaTrader

NinjaTrader is an industry-leading trading platform and futures broker serving over 2 million users worldwide and rated the number one futures brokerage globally. The company provides award-winning software and brokerage services for retail traders to access the world's leading financial markets. Based in Chicago, NinjaTrader is committed to innovation and redefining the futures industry.

Business Analyst, FCM | CryptoJobsHQ