Business Analyst - Market Risk

Job Title: Business Analyst - Global Risk Systems - contract
Location: London, UK
Company: Investment Bank
Rate:£750
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.

Desirable:

• 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!