Business Analyst
Department Overview
Risk function is responsible for evaluating, monitoring and controlling Market, Credit, Contingent, Operational and Settlement Risk to ensure comprehensive and effective control and independent challenge to support the Firm in its commercial objectives. Risk works with business units to independently quantify the appropriate level of risk for the Risk
Main Function
The primary focus of the role is to act as a business analyst within the Market Risk Projects team, focusing on Equities Risk Infrastructure and global Risk Limits system. Other duties include:
• Investigate, analyze and document new business requirements from risk managers and other stakeholders.
• Coordinate and execute market risk infrastructure projects in cooperation with other functional groups throughout the organization.
• Verify IT functional specifications, perform quantitative impact analysis and assist in, or carry out UAT.
• Provide regular communication to project sponsor/stakeholders and your manager articulating current status, issues, risks, and mitigating actions or alternative solutions.
• Work as a member of an effective team, multi-tasking and contributing to ad hoc requests without losing focus on primary objectives.
• Understand and be comfortable with market risk concepts, including risk characteristics of different asset classes, risk sensitivities, historical VaR and other VaR methodologies.
Basic Qualifications:
• A degree in a quantitative discipline from a top institution, or equivalent.
• 2 plus years of Institution with exposure to market risk infrastructure, delivery of projects, and / or product analysis. Relevant business analysis and project management experience in financial industry.
• 1 year knowledge of derivatives products in Equities or other asset classes; exposure to Equity risk systems; Market risk management knowledge (VaR methodologies, scenarios/stress testing, sensitivities/Greeks)
Preferred Qualifications:
• Quantitative post graduate, or professional qualification such FRM, PMP, or CFA is a plus.
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