Role description

Business Systems Analyst

The Role:

UST issearching for a highly technical Business Systems Analyst with experience in fintech and derivatives technology to support the design, enhancement, and integration of trading and post-trade systems.

What You'll Do
• Partner with trading, operations, risk, finance, compliance, and technology teams to gather, analyze, and document business and system requirements
• Translate derivatives business processes into Feature definition, process maps, data mappings, interface specifications, and user stories
• Analyze front-to-back trade workflows including trade capture, confirmation, valuation, settlements, collateral, margin, reconciliations, and reporting
• Create detailed feature definition, gap analyses, use cases, and workflow diagrams
• Work closely with development (in-house and vendor) and QA teams to clarify requirements, validate technical solutions, and support system implementation
• Define and document source-to-target mappings, reference data requirements, field-level transformations, and integration logic across upstream and downstream systems
• Support enhancements and production issues involving APIs, batch processing, trade feeds, market data, and reporting pipelines
• Participate in system testing, SIT, UAT, and defect triage
• Perform impact analysis for system changes across trading platforms and post-trade ecosystem
• Identify opportunities to improve Product efficiency across derivatives processes

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

What You Need
• Bachelor's degree in information systems, Computer Science, or related field.
• 4+ years of experience as a Business Systems Analyst, preferably in fintech, or financial services technology.
• Strong knowledge of derivatives products such as swaps, futures, options, forwards, or structured products.
• Solid understanding of the derivatives trade lifecycle and associated operational and system processes.
• Experience documenting system requirements, functional specifications, data mappings, and integration points.
• Strong understanding of SQL, relational databases, data analysis, and system interfaces.
• Experience working with APIs, file-based interfaces, message flows, and enterprise system integrations.
• Familiarity with SDLC, Agile, Waterfall, or hybrid delivery models.
• Experience supporting prioritization, roadmap planning, or cross-functional delivery coordination is a plus.
• Strong analytical, troubleshooting, and documentation skills.
• Excellent communication skills with the ability to work across business and technical teams.

• Preferred Qualifications
• Experience with trading platforms, risk systems, collateral platforms, or post-trade processing systems.
• Familiarity with interest rate, credit, FX, or equity derivatives.
• Working knowledge of FIX, FpML, SWIFT, XML, JSON, or other financial messaging/data standards.
• Experience with data lineage, reconciliation logic, exception handling, and control frameworks.
• Exposure to cloud-based platforms, data warehouses, or real-time event-driven architectures.
• Experience supporting regulatory, audit, or financial controls initiatives.
• Prior exposure to product backlog management, roadmap support, or feature delivery ownership in a technical environment.

Location & Compensation

Compensation can differ depending on factors including but not limited to the specific office location, role, skill set, education, and level of experience. UST provides a reasonable range of compensation for roles that may be hired in various U.S. markets as set forth below.

Role Location: Iowa

Compensation Range: $73,000-$110,000

Benefits

Full-time, regular employees accrue a minimum of 10 days of paid vacation per year, receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year), 10 paid holidays, and are eligible for paid bereavement leave and jury duty. They are eligible to participate in the Company's 401(k) Retirement Plan with employer matching. They and their dependents residing in the US are eligible for medical, dental, and vision insurance, as well as the following Company-paid Employee Only benefits: basic life insurance, accidental death and disability insurance, and short- and long-term disability benefits. Regular employees may purchase additional voluntary short-term disability benefits, and participate in a Health Savings Account (HSA) as well as a Flexible Spending Account (FSA) for healthcare, dependent child care, and/or commuting expenses as allowable under IRS guidelines. Benefits offerings vary in Puerto Rico.

Part-time employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year) and are eligible to participate in the Company's 401(k) Retirement Plan with employer matching.

Full-time temporary employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year) and are eligible to participate in the Company's 401(k) program with employer matching. They and their dependents residing in the US are eligible for medical, dental, and vision insurance.

Part-time temporary employees receive 6 days of paid sick leave each year (pro-rated for new hires throughout the year).

All US employees who work in a state or locality with more generous paid sick leave benefits than specified here will receive the benefit of those sick leave laws.