Business Analyst - Market Risk

London, Greater London, South East, England

Posted:18 days ago
Location:London, Greater London, South East, England
Job Ref:BH-40056
Salary:£700 - £750 per annum
Expiry date:10/4/2023
Job Title: Business Analyst - Global Risk Systems - contract
Location: London, UK
Company: Investment Bank
About the Company: Our client is a prominent financial institution with a global presence and a strong focus on securities and investment banking. They are a leader in the industry, known for their commitment to excellence and innovation.
About the Department: Information Systems Department (ISD) The Information Systems Department provides a full range of state-of-the-art technology services and associated infrastructure across multiple international locations. The ISD teams participate in global initiatives, servicing client-facing business units, Operations, Finance, and Risk departments. They employ leading delivery methodologies and techniques, including Agile, Containerization, and Continuous Integration, across a wide spectrum of underlying technologies. Teams provide comprehensive application and infrastructure delivery services, including project management, analysis, development, testing, implementation, systems integration, service management, and support.
Primary Responsibilities: This role is within our client's Global Risk Systems application development team, responsible for developing and maintaining global risk systems used across the organization. Key responsibilities include:
  • Gathering requirements from business users and assisting with consensus-building among stakeholders.
  • Providing feedback on and assisting in the production of business requirements documents.
  • Producing detailed functional and interface specifications.
  • Ensuring compliance with company and team documentation standards.
  • Facilitating the production of automated acceptance tests.
  • Undertaking manual testing during systems integration and user acceptance testing.
  • Assisting with defect triage during user acceptance testing.
  • Participating in the 3rd line production support rota.
Policies and Procedures: You will be expected to comply with the Company’s policies and procedures, including those outlined in the Company’s Staff Handbook, Compliance Manual, and Acceptable Use Policy.
Person Specification: Essential:
  • Full lifecycle experience on large, complex business and/or IT change programs in the financial services industry.
  • Experience working with users, senior management, and stakeholders across multiple disciplines and jurisdictions.
  • Ability to handle multiple workstreams and assignments simultaneously.
  • In-depth understanding of key market risk measures, e.g., Greeks/sensitivities, VaR, ES.
  • Familiarity with a wide range of asset classes (e.g., fixed income, equities, derivatives).
  • Excellent oral and written communication skills.
  • Proficiency in querying relational databases using SQL.
  • Proficiency in the use of collaboration tools such as Confluence and JIRA.
  • Strong educational background with BSc/MSc in computer science or other numerate discipline or equivalent.
  • Exposure to projects involving both vendor integration and significant in-house development.
  • Experience working on relevant implementation projects.
  • Strong understanding of relevant regulations and industry standards.
  • Understanding of key counterparty credit risk measures.
  • Exposure to relevant tools and technologies.
  • Familiarity with automated acceptance testing.
  • Ability to perform basic queries against relevant databases.
  • Proficiency in querying multi-dimensional databases using relevant tools.
  • Exposure to scripting or data science applications.
If you're an experienced Market Risk BA looking for your next contract please get in touch! 

Apply now