IT Business Analyst / Credit Risk Business Analyst recruitment
A Credit Risk Business Analyst is required by a growing Risk Analytics projects team at a leading investment bank. The successful applicant can expect to work on a variety of projects ranging from the on-boarding on new products (FX options, Inflation swaps, Commodity derivatives) onto risk platforms, to in-house clearing initiatives in-line with Dodd-Frank requirements. The role will be to act as the Credit Risk SME and to face-off to Front Office and downstream teams.
Experience Required:
* Recent experience at an Investment Bank/ Capital Markets Consultancy/ Software Houses
* Thorough understanding of Credit Risk parameters (LGD, EAD, PD)
* Understanding of monte carlo/ historical simulations
* Understanding of the tradeflow of cross product derivatives
* Able to gather requirements from Quants, Risk Managers and Product Control teams
* Ability to write comprehensive business requirements documents (BRD) and functional specifications
* Strong appreciation of functional testing and UAT
* Ability to liaise with development teams (solid understanding of SDLC)
* Exposure to Murex, Sungard Adaptiv and/or Summit systems would be beneficial
* Strong academics are favourable (FRM and or CFA deemed advantageous)
* Excellent communication skills are a must.