Senior Business Analyst – Market Risk Management – London recruitment
The new platform will provide more robust, scalable and maintainable applications for market risk VaR calculations, supporting key business strategies and reducing cost of system ownership.You will be required to provide business analysis expertise for the implementation and/or enhancement of one or more components in the new Market Risk Strategic Systems infrastructure. The role will also include test planning and support to facilitate user acceptance testing. Some project management experience will be required as you may be required to lead one or more of the strategic components if necessary.
The main functions of the role will include:
- Analysis, gathering and documentation of functional and non-functional requirements.
- Business process analysis and documentation including providing process improvement recommendations. Workflow design, including process modelling, and documentation
- Collection of project level information to feed into project level reporting.
- Act as interface between business and technology in communicating requirements and validating of technical specifications produced in response to requirements.
- Design of test strategy including preparing test cases for unit, component and User Acceptance Testing. Involvement in and execution of unit and component tests in conjunction with Risk IT. Coordination of User Acceptance test cycles, documentation of results, issue tracking and other activities required to successfully exit UAT.
- Control and manage work-groups and project documentation related to functional and technical workgroups.
- Prepare use cases and test cases and help define User Acceptance test plans.
- Ensure that business and IT resources are co-ordinated during project life cycles
- Review, report, resolve, mitigate and escalate project risks and issues as appropriate
- Co-ordinate regular working group meetings and contribute to Project Steering Committee meetings, providing minutes and actions where appropriate
- Maintain strong communications among and between team members and programme stakeholders
Candidate requirements:
- Good knowledge of VaR with significant exposure to VaR calculations and processes at a Tier 1 investment bank.
- Will have considerable experience of market risk management project implementations.
- Have an in depth understanding of market risk management systems, processes and functions. Knowledge of risk management techniques including VAR/Stress Testing and the Greeks.
- Hands on experience of vendor risk software such as Algorithmics or QuIC (now owned by MarkIT).
- Experience of pricing including yield curves and vanilla options.
- Hands on experience of software and systems testing.
- Ability to develop simple Excel macros.
- Team player with the
- Strong inter personal skills, good communication skills (we work on a global project and the ability to communicate efficiently is paramount.)
- Pragmatic decision making capability.
- Hands on approach required with ability to multi-task.
- Focused and delivery-driven with ability to prioritise appropriately in a fast moving and often evolving environment.
August 13, 2012
• Tags: Capital Markets careers in the UK, London recruitment, Market Risk Management, Senior Business Analyst • Posted in: Financial