Lead Business Analyst Market Risk recruitment

Key Roles Responsibilities
The role will require the candidate to demonstrate a systematic and disciplined analysis and functional design approach following a standard software development life cycle. The candidate will be required to work closely with the Financial Markets Risk Engine Project Lead and a team of developers. The application interfaces with several transaction processing systems in the financial markets space and hence a good knowledge of financial markets and products along with their usage in managing risk would be necessary.

Technical Roles and Responsibilities

1) Analyze, Design, Test and Support Software components including Reports, GUI and other software components. Work with System Analyst/Tech Lead to identify and understand functionality and requirements of the applications.
2) Analyze problems rose in software development or production environments and provide timely solutions. Analyze issues raised by users during User Acceptance Testing and support in the resolution of such issues
3) Analyze and respond to complex queries and issues from risk managers and other users relating not only to current project but also to run-time system functionality and future concepts/ideas.
4) Develop and execute test plans throughout integration testing to ensure business requirements have been met. Suggest scope for Test Automation where relevant.
5) Assist the Project Manager in the identification and management of risks, issues and assumptions during the course of a project.
6) Familiar with relational databases and fluent in SQL queries, as well as working with Excel, Word and PowerPoint.
7) Should be capable of working with senior management and heads of departments (of Equities, Fixed Income, Credit Trading, Rates, and Commodities etc.) apart from Heads of Credit and Market Risk.

Qualifications Skills
Extensive experience in development of Risk models (preferably Specific Risk and General Market Risk). Alternatively the candidate may have worked developing the risk engines for a leading software vendor in this space. Good knowledge of derivatives and fixed income products, market data, and credit risk processes and methodologies.

Domain Knowledge Skills
1) Sound Market Risk Management knowledge and experience on VaR, Risk Sensitivities and Stress Testing as well as Credit and Market Risk processes and Methodologies. Good understanding of various risk measures.
2) Comprehensive understanding of financial products and their corresponding risks, familiarity with all asset types. Good knowledge of rates, equities, credit trading and fixed income products as well as market data.
3) Understanding of Portfolio data, static data requirements and system processes.
4) Understanding and familiarity with current risk modelling approaches, simulation techniques etc.
5) Experience in business modelling, requirements and functional documentation to a good standard, data requirements and testing.
6) Significant working experience in a major Investment Bank. Previous experience with Risk Management or Product Control
7) Experience / knowledge of regulatory requirements
8) Good influencing, negotiation and presentation skills. CFA, professional risk management or similar financial qualification (FRM, MFE or MiF) preferred.

Technical Knowledge Skill

1. SQL skills, Excel skills (expert user, including writing VBA), XML design skills, Use Case analysis
2. Data Modelling skills, XML analysis (xsl, xquery).
3. Experience with in-house software development
4. Customer focus - consistently meet client needs within constraints of time, resources and budget
5. Experience of Interacting with Business Analysts, Developers, DBAs, and UNIX administrators to implement enhancement requests, and to diagnose and correct bug fixes.
6. Familiarity with Project Management or Software Development Life Cycle
7. Experience in writing test scripts and executing functional tests
8. Problem solving skills - ability to break down problems into component parts and resolve them
9. Excellent communication skills in both formal and informal settings ability to interact as part of a global team (written and verbal).

If the above mentioned opportunity is of your interest then kindly mail us the word document of your CV to jasprit.manocha@empiric.comEmpiric Solutions were established in 2005 and are one of the foremost providers of niche and specialist recruitment services within IT, Finance and Industry and Commerce globally. In December 2010, we became a Virgin Fast Track 100 company for the second consecutive year (3rd Fastest Growing company 2009).