Business Analyst – Equity Derivatives Exotics – Risk & PnL recruitment
Tier One Investment Bank require an IT Business Analyst to work within their Equity Derivatives Exotics business. This is a truly global business which is mostly focused on Index Exotics and Single Stock Exotics. A key strategic goal for this business is to migrate its current Risk and PnL processing to the firms strategic exotics Risk and PnL platform. This entails consolidation into a single analytics library, rollout of an underlying technology platform that supports all products and use cases, and migration of all the books to this new platform. This is one of the most complex and significant challenges undertaken by the Risk and PnL IT team. The Business Analyst will assume responsibility for understanding the financial products and working with Quantitative Business Analysts and IT teams to migrate products from the existing Risk and PnL platform to strategic platforms. This in turn means the role requires an in depth understanding of Risk and PnL systems that can deliver intraday risk calculation in addition to overnight Risk and daily PnL attribution and control. Change can be within trade capture and market data processes, risk calculation and finally Risk and PnL presentation systems. The ideal candidate will be a Business or Systems Analyst with experience of working on a major derivatives risk management system. You will ideally have exotics knowledge but other asset classes will be considered. Candidates MUST have an understanding of Front Office intraday risk and PnL. This is a fantastic opportunity to work on a high-profile front office project focussed around highly complex exotic products.