Job Title: Credit Risk Business Analyst
Job Type: Contract 6 months (high possibility of extension)
Location: London
Day rate: £700
Opportunity Overview: A fantastic opportunity to join my client, one of the largest investment banks and brokerage companies, as a Credit Risk Business Analyst.
Role Objective: The Risk Management team works to provide a firm wide capital management framework, which considers the availability and cost of capital, its effective utilization within and across business lines and the overall capital adequacy of the firm. Risk Management's key activities include ensuring transparency and effectively managing market, credit, liquidity, concentration and tail risk within the risk appetite of the firm and monitoring the effectiveness of capital utilization using limit structures, with an emphasis on stress testing and risk adjusted returns on capital efficiency measures.
Key responsibilities:
Reporting to Credit Risk Change, the role will comprise the following responsibilities:
- Facilitating the gathering of business requirements detailing current and best fit future state requirements for tactical and strategic solutions balancing speed to market, cost and benefit delivered.
- Work with the key stakeholders (business, quants and Risk IT) to ensure all requirements surrounding the end to end process are clearly understood and appropriate, clear solutions are designed, documented and implemented.
- Translating requirements into functional/non-functional requirements and collaborating with development teams for them to produce the technical design. Validate requirements through interrogating data sources.
- Own body of work, acting as single point of contact with development teams if/should questions arise during the build. Escalate issues to the Project Manager and follow the appropriate governance structure of the programme.
- Develop "best practice" analysis documentation standards to clearly define and communicate the business requirements and design & implementation of the most appropriate solutions to meet those requirements.
- Support data analysis needed to determine and finalise requirements.
- Understand key regulations (e.g. BCBS 239) to ensure requirements are in line with regulatory guidelines.
Requirements:
Must Have
- Experience with algorithmic trading ideal.
- Risk Management experience in a trading book environment.
- Experience working on Risk Projects (preferably Credit) as a Business Analyst.
- Knowledge of key risk metrics such as PFE, EPE, EEPE
- Knowledge of sensitivities and risk analytics and how stresses are applied
- Proven experience facilitating the elicitation of requirements from end users and translating them to user, functional and non-functional requirements for Development Teams. Work with development teams (IT) to clarify that design meets requirements.
- Functional and User Test case preparation and execution to validate requirements delivered.
- Good working knowledge of credit risk PD modelling frameworks and processes
- Some understanding of credit risk limit management processes
- Experience with Python or SQL an advantage.
- Detailed knowledge of all Microsoft Office products, i.e. Word, Excel, Power Point
- Working knowledge of multi-dimensional cubes e.g. SSAS, ActivePivot preferable.
- Experience with Jira and Confluence an advantage
Don't hesitate and miss this opportunity! Apply Now!
We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line.