Technical Business Analyst – Credit Risk Solutions recruitment

Algorithmics is the world's leading provider of enterprise risk solutions. Financial organizations from around the world use Algorithmics' software, analytics and advisory services to help them make risk-aware business decisions, maximize shareholder value, and meet regulatory requirements. Supported by a global team of risk experts based in all major financial centers, Algorithmics offers proven, award-winning solutions for market, credit and operational risk, as well as collateral and capital management. Algorithmics is an IBM Company.

Function of Algo Credit Operations Solutions

The Credit Solutions business line offers three products to the market –Algo Credit Administrator (ACA), which automates the workflow for credit approvals through a risk-specific, integrated system that ensures compliance with internal policies and leaves an audit trail for enhanced transparency.

ACA is typically sold in conjunction with our Algo Credit Limits (ACL) solution, which provides a rich set of limits and exposure management for counterparties, counterparty groups, country, sector, issuer, and currency risks. The Credit Reporting (CR) solution provides a business intelligence analytics engine to perform reporting on the data generated and stored in the ACA and ACL solutions.

Our Credit Solutions LOB is a global LOB, with 36 customers in 17 countries. It is focused on Tier II banks, with some key Tier 1 banks.

Key Responsibilities

To perform analysis, communication, and prototyping that can assist in the Product Planning efforts of the business line. The key directives of this group are to determine the product roadmap, to analyze the current system to determine its sufficiency, to provide a business level design of new features, to test those new features after they are delivered by the development team, and to build models and documentation that can assist our salespeople in driving new business, our customers in making more effective use of the product and our implementation team to deploy the solution as efficiently as possible. In addition, the teams role extends to performing product demonstrations and conducting workshops with prospective clients.

There will be some light programming required (Javascript/XML/SQL) to develop test applications, and technical interaction with Unix environments as we set up test environments.

Most team efforts are of 3 months or less duration, so in a given year this team member will participate in a wide variety of activities depending upon the product and market needs at that time. The team effort is very dynamic and a flexible approach will be required as duties and responsibilities may change as projects warrant.

Duties and responsibilities

• Analysis of customer requirements, and the development of Business Requirements Documents

• Testing of new system features to determine their functional accuracy

• Periodic performance testing of the system and its components

• Assisting with the build of standard templates and models to be used by our customers

• Development of key user training and documentation

• Assistance with the configuration and implementation at prototypical customer and prospect sites

• Customer/prospect liaison on a variety of issues

• Communication of product benefits and functionality

Essential Requirements

• Proven experience as a business analyst or similar experience in a consultancy/accounting practice or banking operations environment.

• Experience of technical configuration, remotely from development team

• Valid work permit

Skills required

• Programming skills: Javascript, SQL and XML

• Moderate  knowledge of Microsoft Office tools

• Attention to detail

• Analytical and problem solving mindset

• Strong communication skills, good command of English, both verbal and written

• Keen enthusiasm to solve technical problems of any kind

• Quick to pick up new concepts and ideas

• Good sense of humour and an ability to thrive in a growing and dynamic organisation

• Self reliant, self starter, self motivated, requiring minimal supervision

• Ability to work alone and in a team environment

Desirable requirements

• Credit risk experience

• Unix system operations

Comments

• Some international travel will be required.

• While technical skills are important this is not an IT position and is not a ‘programmer’ position

Algorithmics Inc. is an equal opportunity employer.  It is Algorithmics’ policy to recruit and select applicants for employment solely on the basis of their qualifications, with emphasis on selecting the best-qualified person for the job.  Algorithmics does not discriminate against applicants based on race, color, religion, sex, sexual orientation, national origin, or disability or any other status or condition protected by applicable law.