Business Analyst - Market & Counterpart Risk - London

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Business Analyst - Market & Counterpart Risk - London

My client, a Top Tier Investment Bank, is recruiting for a Business Analyst, who has expertise in Interest Rats Products, Credit Risk, trade characteristics and hedging strategies, initially on a six month contract based in London.

Role Purpose

Part of the Traded Risk Management and Control function, the Traded Credit Risk Engineering team is responsible for the successful implementation of strategic applications as well as BAU project activities to ensure the highest level of data quality and integrity for Risk Management and to comply with Regulatory commitments.

Essential Requirements

Detailed knowledge on trading business & products, risk methodology and regulatory framework. Specifically expertise in Interest Rate products, Credit risks, trade characteristics and hedging strategies

High degree of understanding of Traded Credit Risk terminology and concepts - exposure calculation approaches, Traded Risk Internal Controls framework, Basel II & III

Capable of exposure regression analysis and explaining differences between production exposure and target system generated exposure, through breakdown of variables

University graduate in Finance or numerated related disciplines

Experience in documenting requirements, validating functional specifications, drafting testing approach plans and user acceptance test cases

Able to understand and document processes using data flow diagrams

Strong ability to understand and use complex systems and take a logical and constructive approach to investigating and communicating system problems

High level of expertise in Excel & Access (VBA level), SQL, PowerPoint, Visio