Product Business Analyst - India
CME Group · Bengaluru, Karnataka, India
- On site
- Full-time
- $100,000 / year
- Bengaluru, Karnataka, India
Job highlights
- Analyze and manage new product launches end-to-end.
- Collaborate with diverse cross-functional teams.
- Build products within Clearing and Globex systems.
- Develop and execute test scenarios with autonomy.
- Ensure operational and technical readiness for launches.
About the role
Product Business Analyst
The Product Launch team within CME Group leverages in-depth market knowledge along with product testing experience to help manage end-to-end execution of all new product ideas. Our mission is to develop, enhance, and operationalize a streamlined capability to deliver on product strategy, while implementing business needs across BLM, R&PD, Fees, CD&S, and Technology. We are seeking a Product Business Analyst who will contribute to the continued success of ensuring operational and technical readiness, proactively respond to unexpected business challenges, and continually seek out opportunities to further streamline and operationalize product execution in one cohesive team framework.
In addition, the Analyst will assist in the continuous improvement of quality assurance processes and related key performance measures, driving results by refining overall value while enhancing product launch capacity and reducing time to market. Incumbent will demonstrate excellent analytical and technical skills with a drive for success.
Principal Accountabilities
- Communicate and collaborate with stakeholders spanning across multiple divisions, including but not limited to, Clearing, Global Operations, Products & Services, Transformation & Execution, and Technology.
- Identify risks to new product ideas and propose technical solutions to create efficiencies.
- Build new products within our Clearing and Globex systems.
- Develop and execute test scenarios with little supervision.
- Create and maintain test artifacts and facilitate artifact reviews across BLM and Technology.
- Assist in the deployment of new products into customer facing environments.
- Participate in the UAT of new products in Production ensuring a defect free production launch.
- Participate in the support of all Products after going live.
- Demonstrate flexibility to adapt to business needs including managing multiple projects.
- Maintain clear and up-to-date documentation related to data systems, configurations, and standard operating procedures.
- Provide leadership and subject matter expertise during crunch time and provide support when there is a significant demand on the team.
Skills & Software Requirements
- 2+ years of experience in the Financial Industry is preferred
- Must have experience with SQL and Linux/UNIX – able to write and execute basic or complex queries
- Knowledge and familiarity with Python and scripting is preferred
- Experience with FIX messaging protocol(s).
- Strong collaboration skills and experience in influencing cross-functional teams
- Strong business analysis skills including the ability to articulate customer requirements in a clear and concise manner
- Strong understanding of and ability to articulate technical/non-functional product requirements
- Experience with Test Automation as well as manual testing
- Able to solve QA environment troubleshooting problems with logical thinking
- Knowledge of Agile frameworks and POD model
- Knowledge of AI/Gemini workspace tools is preferred
Education
Bachelor’s or Master’s degree in computer science, Information Systems or other related discipline is required; or equivalent combination of education and relevant proven work experience that is required for the specific job level.
About CME Group
CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.
At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
Key skills/competency
- Product Business Analyst
- SQL
- Linux/UNIX
- Python
- FIX messaging protocol
- Business Analysis
- Agile frameworks
- Quality Assurance
- Product Launch
- Financial Industry
Skills & topics
- Product Business Analyst
- SQL
- Linux
- UNIX
- Python
- FIX Protocol
- Business Analysis
- Agile
- Quality Assurance
- Financial Industry
- Product Launch
- CME Group
- India
How to get hired
- Tailor your resume: Highlight your financial industry experience, SQL, Linux/UNIX, and Python skills. Emphasize your business analysis and product launch accomplishments.
- Craft a targeted cover letter: Showcase your understanding of CME Group's mission and how your skills align with the Product Business Analyst role.
- Prepare for technical questions: Be ready to discuss your experience with SQL queries, Linux/UNIX environments, FIX protocols, and test automation.
- Demonstrate collaboration skills: Prepare examples of how you've influenced cross-functional teams and managed multiple projects effectively.
- Understand Agile: Familiarize yourself with Agile frameworks and the POD model, as this knowledge is preferred.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key technical skills required for the Product Business Analyst role at CME Group?
- The Product Business Analyst role at CME Group requires strong proficiency in SQL and Linux/UNIX for querying and execution. Experience with Python and scripting is preferred. Familiarity with FIX messaging protocols and test automation is also highly valued. The ability to troubleshoot QA environments using logical thinking is essential.
- How important is financial industry experience for this Product Business Analyst position?
- While not strictly mandatory, 2+ years of experience in the Financial Industry is preferred for the Product Business Analyst position at CME Group. This experience is valuable for understanding the nuances of new product ideas and execution within the derivatives marketplace.
- What kind of collaboration is expected for the Product Business Analyst at CME Group?
- The Product Business Analyst is expected to communicate and collaborate with a wide range of stakeholders across multiple divisions, including Clearing, Global Operations, Products & Services, Transformation & Execution, and Technology. Strong collaboration and influencing skills are key to this role.
- What educational background is preferred for the Product Business Analyst role?
- A Bachelor's or Master's degree in computer science, Information Systems, or a related discipline is required. However, an equivalent combination of education and relevant proven work experience will also be considered for the Product Business Analyst position.
- How does CME Group handle recruitment fraud for the Product Business Analyst position?
- CME Group takes recruitment fraud seriously and adheres to established procedures to ensure trust, confidence, and security throughout the recruitment process for all positions, including the Product Business Analyst role. They provide resources to learn more about their verified recruitment practices.
- What is the role of a Product Business Analyst in new product launches at CME Group?
- The Product Business Analyst plays a crucial role in the end-to-end execution of new product ideas, ensuring operational and technical readiness. They identify risks, propose solutions, build products within systems, develop test scenarios, and assist in deployments and user acceptance testing (UAT).
- Are AI/Gemini workspace tools relevant for the Product Business Analyst role?
- Knowledge of AI/Gemini workspace tools is preferred for the Product Business Analyst role at CME Group. While not a strict requirement, familiarity with these tools can be advantageous in streamlining operations and enhancing product launch capabilities.