Market Risk Business Analyst

My client is a Tier 1 Investment Bank who are looking for a Market Risk Business Analyst to join their team.

Duties:
Enhance and develop risk capabilities to support key initiatives as the business expands to new markets, products and structures and help resolve risk related issues as they arise during daily VaR production.
Primary focus is on specifying and testing changes to risk feeds sent to the core risk calculation engine. The team also has responsibility for writing business specification, test plans and testing of changes to the core risk calculation engine and risk applications used by the daily VaR production team.
Spec and test new system functionality and explore potential applicability outside development scope.
Assist members of the department on issues arising in project work or in daily VaR production.
Constantly investigate enhancements of risk practices, processes and controls.
Contribute to the development of risking methodologies for new structures and products.
Represent the department in various working groups and communicate timelines, progress and dependencies to other parties in the Bank.
Maintain up to date knowledge on risking practices, systems infrastructure & capabilities, and risking framework interdependencies within the Bank.
Over 4 years of experience in a top tier institution exposed to Market Risk/Risk IT
Excellent analytical and problem solving skills
Good knowledge of derivatives products and structures
Sound market risk management knowledge (VaR methodologies, scenarios/stress testing, sensitivities/Greeks)
Understanding and experience in project life cycle techniques
Excellent Excel skills
Good documentation skills, optional experience with writing business requirements and testing documentation
Attention to detail - Ability to drive projects
Team player, ambitious/focused
Market Risk systems experience

Allegis Group Limited and Aston Carter Limited operate Employment Businesses and Agencies and are companies within the Allegis Group Inc. group of companies, the fourth largest staffing company in the world, (collectively referred to as the "Allegis Group"). TEKsystems and Aerotek are divisions of Allegis Group Limited. Applicant data will be treated in accordance with the Allegis Group's Privacy Notice ). By submitting personal data to any company or division within the Allegis Group, the applicant is providing explicit consent to the use of such data by the Allegis Group and to the transfer of such data to and from the Allegis Group companies within the UK, Europe and outside the European Economic Area in connection with the fulfilment of the applicant's voluntary requests, and the fulfilment of other job opportunities that match the applicant's profile, and confirms that they may be contacted about such job opportunities.