Senior Business Analyst, Equity Index Options

drweng· FICC Options Business Analysis
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📍 Chicago💰 USD 125K–175K

About this role

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We’re seeking a Senior Business Analyst to partner with the Equities Options Front Office, risk, and technology teams to translate trader needs into clear, actionable requirements. You’ll own the end-to-end business analysis for equity options initiatives, from initial discovery through implementation and post-launch review, ensuring solutions align with business goals, regulatory requirements, and risk controls.

Responsibilities:

  • Initiate and organize discussions with traders to identify new requirements, appraise expected impacts of proposed projects, and recommend priorities
  • Develop technology requirements and plans with clearly specified tickets/stories/epics in Jira, in collaboration with font office and technology organizations
  • Provide guidance on dependencies and development timelines. Identifying potential impacts on project delivery to improve planning, budgeting, and predictability of estimated timelines
  • Collaborate with technology leadership on project plans
  • Provide executive-level project updates to the business on a weekly basis
  • Host retrospectives on completed projects, supporting continuous process improvement as well as recognizing successes.

Requirements:

  • Strong knowledge of electronic options trading in Equities markets
  • Knowledge of options risk, pricing, and operational processes
  • Previous experience developing detailed technology requirements
  • Experience using software documentation tools to capture user stories and diagram processes
  • Previous software collaboration tools experience (Jira, Miro, Confluence)
  • Ability to effectively organize and support prioritization of trading technology scope
  • 3-5 years of experience in front office, middle office, back office or risk management roles working with exchange-traded and over-the-counter options and futures
  • Excellent verbal and written communication skills
    Bachelor's degree in finance, economics, or quantitative field or material equivalent exposure
    Demonstrated ability to work independently

The annual base salary range for this position is $125,000 to $175,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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Frequently Asked Questions

What is the salary for the Senior Business Analyst, Equity Index Options role at drweng?
The listed salary for this Senior Business Analyst, Equity Index Options position at drweng is USD 125K–175K. This is an full-time role.
Where is the Senior Business Analyst, Equity Index Options position at drweng located?
This Senior Business Analyst, Equity Index Options role at drweng is based in Chicago. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Which team or department does the Senior Business Analyst, Equity Index Options at drweng belong to?
This Senior Business Analyst, Equity Index Options position is part of the FICC Options Business Analysis department at drweng. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Senior Business Analyst, Equity Index Options position at drweng?
Click the "Apply Now" button on this page. You will be redirected to drweng's official application portal hosted on greenhouse where you can submit your application directly.
When was the Senior Business Analyst, Equity Index Options job at drweng posted?
This Senior Business Analyst, Equity Index Options position at drweng was posted on Jul 24, 2026. Apply as soon as possible — early applications are often reviewed first.
Senior Business Analyst, Equity Index Options
drweng · 💰 USD 125K–175K
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You'll be redirected to drweng's official application page on Greenhouse.