What are the responsibilities and job description for the Hedge Fund Technical Business Analyst (Middle Office) position at Insight Global?
Title: Technical Business Analyst
Openings: 1
Job Type: Perm or contract (strongly prefer perm)
Workplace/Location: NYC or Stamford 3 days a week (Must live within 90 miles of an office)
Schedule: 8 am-6 pm (10 hr work days, market hours)
Pay Rate: $150-200k/year
Must-Haves
- 3-5 years of experience at a Hedge Fund/Asset management company in a Macro related role
- Can be trading assistants, execution traders, valuations/controllers, or Fund administrators
- Business domain knowledge in the macro space
- Fixed income, credit, foreign exchange, derivatives, not equities
- Knowledge of the trade process
- i.e. Trade Execution, Trade Clearing, Trade Settlement, Straight Through Processing (STP), Risk Management, Margin Trading, Securities Lending, Collateral Management, Trade Confirmation, Trade Reconciliation, Trade Settlement
- Systems knowledge
- Must be vendor related, not in-house, for ex. Murex, Orchestrade, Calypso, FIS, Front Arena, Summit, etc.
- Attention to detail and reliability
Plusses
- Knowledge specifically with Murex or Orchestrade
- Relevant 4-year degree highly preferred but will take on a case by case basis
Day-to-day
As a Technical Business Analyst (BA) at a hedge fund, you will support the macro middle office acting as an intermediary between developers and stakeholders, you aim to adopt better processes, analyze and document business processes, and translate requirements into implementation specifications for both one-off enhancements and large-scale projects. Responsibilities include understanding trade requirements and determining optimal processes for new products. You will prepare term sheets, question existing processes, and ensure systems account for trade details, including current c-swaps, cash flow generation, and return on price. You will build consensus to define clear acceptance criteria, document data and process flows. You will manage tasks assigned in JIRA, addressing questions, production issues, and execution queries. You will also be expected to ask questions beyond what is in JIRA, overall pushing the limits of the department. Handling multiple projects, you respond to management inquiries, work on MIS tasks, and assist the team lead in organizing and tracking capacity, velocity, statuses, and deliverables.
Salary : $150,000 - $200,000