Business Analyst – Market Risk recruitment
This position is within the Market Risk team as part of the Risk Business Change department.
The candidate will need to understand the upstream and downstream processes –sensitivity and Value-at-Risk analysis and reporting, as well as the challenges around impact analysis.
Strong knowledge in market risk methodologies, coupled with technologies used to support this function is essential.
Applicant must have previous experience of managing/implementing a Market Risk system within the financial services industry.
Experience in the data/technologies required to support sensitivity analysis will be very beneficial.
The ideal candidate will have knowledge of project lifecycle in Market Risk Change. Strong business analysis experience, comfortable working with complex problems and provide quick solutions.
Day to day, the candidate will also be responsible for:
- Managing Communication with Market Risk line functions and regional stakeholders – obtain buy in to go-live, report progress and deal with issues arising
- Ensuring set up of all parts of system change – dealing with trade data and static data plus feed configurations, all of which are sourced from different teams
- Performing impact analysis – show changes in sensitivities and VaR and limit usage, and communicate to stakeholders
- Closing down issues – post event clean up has to be managed and completed.
Qualified candidates will have the following:
- Proven experience in Market Risk system or Front Office related analysis;
- Good understanding of project processes and working knowledge of Market Risk;
- Ability to work between business and IT to scope out with work, produce specification and oversee UAT;
- Excellent analysis and documentation skills;
- Familiar with Market Risk methodologies, Value-at-Risk and sensitivity impacts;
- Broad knowledge across Trading Book and Banking Book products (e.g. interest rates, credit, FX, Loan and Revolving Credit);
- Good working knowledge of MS Excel and Access experience;
- Highly analytical, detail oriented and solution seeking:
Experience required:
- At least 1-3 year experience in financial industry / international banking / risk management / quantitative and qualitative analysis;
- Experience as a Business Analyst within a Market Risk or Front Office environment is a must;
- Good understanding of the regulatory environment;
- Bachelor’s degree preferred or equivalent work experience.
This is a 12 months contract position.
Interested candidate, please email updated CV to cho@astoncarter.com