Simplify Logo

Full-Time

Senior Business Analyst

Confirmed live in the last 24 hours

ProShares

ProShares

51-200 employees

Offers a variety of Exchange-Traded Funds

Financial Services
Real Estate

Senior, Expert

Bethesda, MD, USA

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Management
Requirements
  • A Bachelor’s degree in Finance/Economics, Math, Computer Science, or Engineering preferred.
  • A minimum of 6 years experience in full–cycle technology solutions.
  • 4+ years working for financial services industry. ETF, Mutual Fund of Brokerage a plus.
  • Five or more years project management experience with emphasis on enterprise systems development.
  • Experience working with cloud infrastructure and SaaS applications.
  • Previous experience in Business/Systems Analysis and working with Stakeholders to define requirements.
Responsibilities
  • Perform and coordinate requirements analysis, design, testing, deployment, and develop relevant documentation to facilitate knowledge transfer and change management
  • Interview stakeholders to gather and document project requirements, survey and document current business processes, and recommend business process improvements, conduct requirements gathering, impact analysis, ensuring stakeholders' alignment and testing for adherence to risk based controls
  • Develop and drive to project plans for multiple initiatives - both process and technology-related - in parallel
  • Ensure that information relevant to the team is communicated promptly, thoroughly and via the most appropriate channel
  • Perform evaluation and use analytical skills allowing to troubleshoot and resolve complex business issues relating to the infrastructure, technology and operations
  • Evaluate third party solutions by multiple vendors for adoption based on business and technical requirements
  • Implement project specific deliverables, coordinate development of solutions establishing product scope and business requirements, pilot groups discussions and user acceptance testing
  • Lead the architecture definition and technical consultation of implementation programs
  • Lead the design, planning and implementation of complex systems
  • Provide leadership and set technical direction to project team
  • Work closely with the IT leadership to establish technology strategy at an application level
  • Translate business requirements into systems design
  • Establish high, mid and micro level project plans
  • Lead risk and estimation efforts
  • Establish competencies and knowledge management
  • Drive improvements of techno-functional solutions and workflows
  • Manage performance issues / risks with software implementations
  • Verify technical feasibility and validate solution options for the requirements
  • Provide leadership for the services provided for projects using COTS products
  • Define configuration specifications and business analysis requirements
  • Define reporting and alerting requirements
  • Help design, document and maintain system processes
  • Communicate key insights and findings to product team
  • Other duties and responsibilities as assigned.

ProShares specializes in providing Exchange-Traded Funds (ETFs) that are traded on stock exchanges like stocks. Their offerings include a variety of ETFs that cater to different investment strategies, such as those focusing on dividend growth, specific sectors, and leveraged or inverse funds. For instance, the S&P 500 Dividend Aristocrats ETF targets companies with a history of increasing dividends, while the Ultra Gold ETF aims to deliver double the daily performance of gold prices. ProShares generates revenue primarily through management fees based on the assets under management, and they also engage in trading activities. What sets ProShares apart from competitors is their focus on innovative ETF solutions that allow investors to diversify their portfolios, manage risk, and achieve specific financial goals, appealing to both short-term traders and long-term investors.

Company Stage

N/A

Total Funding

N/A

Headquarters

Bethesda, Maryland

Founded

1999

Growth & Insights
Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • ProShares' innovative ETF offerings allow investors to diversify their portfolios and manage risk effectively, appealing to a broad range of investment strategies.
  • The company's strong market presence and continuous inflow of investments, as seen with the new investments in ProShares UltraPro QQQ, indicate robust growth potential.
  • ProShares' expertise in creating sector-specific and leveraged ETFs provides employees with opportunities to work on cutting-edge financial products.

What critics are saying

  • The competitive ETF market, with new entrants like T-Rex launching 2X Bitcoin ETFs, could pressure ProShares to continuously innovate to maintain market share.
  • Market volatility, especially in sectors like cryptocurrency, can impact the performance of ProShares' leveraged and inverse funds, posing risks to investors and the company's reputation.

What makes ProShares unique

  • ProShares stands out by offering a diverse range of ETFs, including leveraged and inverse funds, which cater to both aggressive and conservative investment strategies.
  • Their focus on innovative ETF solutions, such as the S&P 500 Dividend Aristocrats ETF and Ultra Gold ETF, provides unique investment opportunities not commonly found in the market.
  • ProShares' ability to attract significant investments from financial groups like Sovereign Financial Group Inc. and Cerity Partners LLC underscores their credibility and market trust.