Market Risk Business Analyst at Top Tier IB, London- URGENT recruitment
This permanent hands-on-role is as a Business Analyst on the Services Framework Programme, which spans other programs such as Basel III, Ongoing Regulatory Change and Process Improvements. Including having direct interaction with partners in Group Market Risk, GBM Market Risk and Market Risk IT and stakeholders such as Counterparty Exposure Management, GBM Finance, Front Office and IT.
Responsibilities will include:
Reviewing requirements from sponsor projects (Market Risk, upstream suppliers, downstream consumers), identify common or overlapping requirements
Liase with IT to ensure that proposed solutions are appropriate, are costed, benefits defined, and assumptions stated
Communicate progress, status, issues and risks to sponsor project managers
Assist with system testing of sponsor deliveries where they make use of common services and framework.
Contribute to post- implementation reviews to identify what went well and what could be improved for the next project
Ensure consistent lines of communication, both internal to Market Risk external
Provide a single voice for external communication.
Construct the business case for building common services frameworks, rather than each sponsor project building its own
The candidate must have prior detailed business analysis experience within the Market Risk arena with strong banking knowledge and exposure to sensitivities and VaR Candidates should further have experience with limit management, regulatory capital and capital management, an understanding of processes and data flows within a market risk environment. While on a BA side candidates should show evidence of understanding the business drivers of projects, business requirements and ability to write detailed functional specifications.