Business Analyst Capital Markets

Job Description

Position: Business Analyst Capital Markets

Experience: 10 12 Years

Location: Chicago, IL (Hybrid)

Duration: 12 18 Months

Role Overview

seeking an experienced Business Analyst with strong Capital Markets domain expertise and hands-on SQL experience. The ideal candidate will work closely with front office, middle office, operations, and risk stakeholders to gather business requirements, analyze large datasets, and support reporting, regulatory, and investment-related initiatives. This role emphasizes business analysis and data analysis, not technical system design.

Key Responsibilities

• Act as a Business Analyst supporting Capital Markets initiatives, working with portfolio managers, traders, operations, compliance, and risk teams.
• Gather, analyze, and document business requirements, functional specifications, and data requirements.
• Perform hands-on SQL analysis on large financial datasets to support business insights, reconciliations, reporting, and issue resolution.
• Analyze trade lifecycle data, positions, P&L, exposure, cash movements, and corporate actions.
• Support investment operations and front-office reporting by validating data accuracy and identifying data gaps or inconsistencies.
• Create business-level documentation including BRDs, FRDs, data mapping documents, and process flows.
• Participate in UAT planning and execution, working closely with business users to validate outputs.
• Collaborate with data, reporting, and technology teams to ensure business requirements are clearly understood and delivered.
• Support regulatory and compliance-driven analysis (e.g., audit, risk, performance, reporting requirements).
• Work on data quality initiatives, root-cause analysis, and ongoing process improvements.
• Communicate findings and recommendations clearly to senior business stakeholders.

Required Skills & Experience

• 10+ years of experience as a Business Analyst in Capital Markets / Asset Management / Investment Banking environments.
• Strong hands-on SQL expertise:
• Writing complex queries (joins, subqueries, CTEs)
• Data validation, reconciliation, and analysis
• Solid understanding of Capital Markets concepts, including:
• Equities, Fixed Income, Derivatives
• Trade lifecycle (order, execution, settlement)
• Positions, P&L, cash, exposure, corporate actions
• Experience working closely with front office, middle office, and operations teams.
• Strong experience in business requirements gathering and stakeholder management.
• Ability to translate complex business needs into clear functional and data requirements.
• Experience supporting UAT and business sign-off.
• Strong analytical, problem-solving, and communication skills.