Market Risk Analyst

MARKET RISK BUSINESS ANALYST

On-going contract opportunity for an experienced Market Risk Analyst/Business Analyst to join a tier 1 Investment Bank based in Canary Wharf.

The Business Analyst will be responsible for coordination of and execution of Market Risk Feed Integration projects. The role involves broad interface with the banks Market Risk Platform across various business areas. The BA will manage on end-to-end basis system migrations and new system integrations for market and issuer risk feeds with a strong focus on data quality, regulatory and Basel requirements

RESPONSIBILITIES;

- Engage business and Risk Management stakeholders in priority discussions for feed integration projects for given asset class/set
- Manage the schedule for multiple data flow changes projects
- Complete, maintain and review project plans for the project implementations
- Complete Minor Development Documents (MDD) and Test/Business Requirements Documents (BRD), obtaining approval from key stakeholders
- Obtain approvals for requirements documents, test plans and test results from the business owners and stakeholders
- Complete User Acceptance Test (UAT) plans, perform and coordinate UAT tasks
- Perform reconciliations between UAT and PROD data, explaining differences and liaising with FO-IT to discuss any unexplained differences
- Moderate project status meetings and provide regular updates to Senior Management and Stakeholders
- Maintain project issues lists
- Participate in process review and enhancements
- Demonstrate strong awareness of the group's processes and procedures

EXPERIENCE;

- Current experience as a Market Risk Analyst/Business Analyst in an investment bank.
- Understanding of Market Risk measures: sensitivities, VaR, Stress Testing.
- Ability to interact at a senior management level across Risk Management, Technology and trading staff.
- A broad knowledge across financial products and asset classes and their use in the risk management arena.
- An understanding of how capital regulations impact risk.
- IT, Risk and technology knowledge.