Clearwater Analytics

Business Analyst - PMS Portfolio

Clearwater Analytics$88K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in product or technical roles within finance or tech, preferably in hedge funds or investment management firms.
  • Advanced Excel analysis skills with basic scripting knowledge.
  • Solid understanding of hedge fund strategies, portfolio construction, and trade workflows.
  • Familiarity with risk concepts such as beta and the greeks.
  • Knowledge of fixed income, including duration and interest rate risk.
  • Experience with FX and cash management processes.
  • Strong analytical skills and proficiency in Agile methodologies, particularly with Jira.

Responsibilities

  • Drive design of Portfolio Construction features from concept to release, balancing client needs and technical feasibility.
  • Author detailed functional and technical specifications for engineering teams.
  • Collaborate with engineering to clarify requirements and guide real-time product decisions.
  • Translate complex investment workflows into clear, actionable requirements.
  • Test new features prior to release, ensuring alignment with specifications and use cases.
  • Support QA in developing test plans and prioritizing scenarios.
  • Diagnose high-severity support issues and coordinate resolution across teams.

Benefits

  • Health, vision, and dental insurance
  • 401(k) plan
  • Paid time off (PTO)
  • Parental leave
  • Medical leave
  • Short and long-term disability insurance benefits
Full Job Description
As the Senior Business Analyst for our Portfolio Construction team, you will be responsible for overseeing the development and enhancement of our flagship Portfolio Construction product and related Portfolio Management System features. You will collaborate with cross-functional teams, including analysts and engineers, to ensure that our product meets the high standards expected by our clients and stakeholders. This role requires a strong blend of technical understanding, market knowledge, and analytical skills.

Responsibilities:
Product Design & Delivery
• Drive the design of new Portfolio Construction features from initial concept through release, balancing client needs, technical feasibility, and product strategy.
• Author clear, detailed functional and technical specifications that engineering can build against with minimal ambiguity.
• Partner closely with engineering throughout implementation; clarifying requirements, answering design questions, and making real-time product decisions to keep work on track.
• Translate complex investment and portfolio construction workflows into well-structured, buildable requirements.

Quality & Support
• Test new and enhanced features prior to release, validating behavior against specifications and real-world use cases.
• Guide and support QA in scoping test plans, defining coverage, and prioritizing edge cases.
• Serve as the final line of defense for the most complex, high-severity support issues, diagnosing root causes and coordinating resolution across teams.

Client & Cross-Functional Partnership
• Partner with internal Sales and Account Management teams to solution the most sophisticated workflows for the firm's most critical prospects and clients.
• Act as a subject-matter expert on portfolio construction for both internal stakeholders and client-facing conversations.
• Synthesize feedback from clients, prospects, and internal teams to inform the product roadmap and feature prioritization.

Requirements:
• 5+ years of experience in a product or technical role within finance or tech, ideally at a hedge fund or other investment management firm or related software vendor.
• Strong technical ability: advanced Excel analysis, comfort with basic scripting, and enough fluency in code to communicate effectively with and direct developers.
• Solid market and domain knowledge, including hedge fund strategies, portfolio construction, trade workflows, and trade allocations.
• Working understanding of core risk concepts such as beta and the greeks.
• Fixed income knowledge, including duration and interest rate risk.
• Familiarity with FX and cash management.
• Familiarity with core product management practices, including Agile methodologies and hands-on experience with Jira.
• Strong analytical and problem-solving skills, with the ability to break down ambiguous problems into actionable solutions.
• Excellent verbal communication skills and a proven ability to draft clear technical specifications for developers.

Salary Range
$88,800.00 - $115,200.00
This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits.

About Clearwater Analytics

Clearwater Analytics is a global SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting. Clearwater helps thousands of organizations make the most of investment portfolio data with cloud-native software and client-centric servicing. Every day, investment professionals worldwide trust Clearwater to deliver timely, validated investment data and in-depth reporting. Clearwater aggregates, reconciles, and reports on more than $5.5 trillion in assets across thousands of accounts daily for our Fortune 500 clients.
Learn more about Clearwater Analytics
Size
1,500 employees
Market Cap
$4.4 billion
Industry
NASDAQ

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