Job Details

Business Analyst - Market Risk Value Adjustment - Front office Investment Banking

London, Greater London, United Kingdom, £600 - £800 , Contract

Posted: 18days ago


Business Analyst - Market Risk Value Adjustment - Front office Investment Banking

Business Analyst (BA) within Risk SYSTEMS, especially Market Risk for European Bank. Team is responsible for the full range of business analysis tasks across both user-driven and regulatory projects addressing both methodological and systems aspects. The BA role is pivotal to the successful delivery of change projects, the role provides risk domain expertise to assist the project managers in their planning and tracking of projects in line with the project governance of the department.

Specifically, this role will be related to the launch of a Valuation Adjustment optimization program and the contribution of the RISK Systems in such optimization/industrialisation. In terms of the day-to-day aspects of the role, these encompass:

  • Requirements gathering and functional architecture design:
    • Work with wide range of stakeholders (Quant teams, Risk Managers, Front Office) to understand and document business requirements, document changes to technology systems and contribute to functional architecture of software systems
    • Use desktop tools to extract and analyse data to understand current state and specify changes
  • Technical solution facilitation:
    • Work closely with development teams within Risk to ensure requirements are understood and technology solutions are designed and built to a high quality standard.
  • Testing Strategy and Orchestration:
    • Design and execute testing plans for solutions to validate that business requirements have been met and system performance meets expectations
  • Transition:
    • Work with RISK SYSTEMS Service Transition to manage the deployment of new solutions to production environments, including user on-boarding and training as well as supporting the development of operating models.
  • Ad-hoc Analysis:
    • Support the management in providing analysis to help the bank respond to regulatory enquires or estimate potential cost and complexity of future software deliveries
  • Presentation and Reporting
    • Generate reporting and presentations tailored to specific audiences to keep sponsors and stakeholders informed of progress

In addition to contribution to change projects you will additionally be expected to have good understanding of:

    • Regulatory frameworks for financial institutions
    • Financial derivatives and pricing
    • Software delivery life cycle methodology

Candidate Profile

  • Technical skills and qualifications
    • Excellent academic background (strong mathematical, analytical and quantitative skills are advantageous)
    • Proven BA experience
  • Sound understanding of Market Risk discipline.
    • Keen interest in and understanding of software project delivery.
  • Understanding and experience of working with IT systems, coupled with an ability and curiosity to understand key aspects of risk methodologies.
    • SQL knowledge is a must; Software development experience is a bonus, can be acquired on the job, but we are looking for quite a technical profile.
    • Experience of Agile/SAFe practices.

Adlam Consulting operates as an Employment Agency & an Employment Business Applicants must be eligible to work in the specified location

Job Details

London, Greater London, United Kingdom
£600 - £800