Key Responsibilities

Risk Analysis & Requirements

• Elicit and document detailed business requirements for risk measurement systems (VaR, PFE, EPE, SIMM, SA-CCR)

• Analyze data flows for risk aggregation, stress testing (CCAR/DFAST), and regulatory reporting (Basel III/IV, FRB 2052a)

• Define specifications for limit monitoring, collateral management, and risk attribution

Stakeholder Management

• Serve as liaison between Front Office, Risk Managers, Quants, and IT teams

• Conduct gap analysis of current systems vs. business needs for trading book/banking book risks

• Present solution recommendations to senior stakeholders

Project Delivery

• Lead UAT for risk system implementations

• Create data dictionaries and mapping documents for risk factor transformations

• Support remediation of audit findings and regulatory requirements

Required Qualifications

Domain Expertise:

• 9+ years as a Risk Business Analyst in capital markets

• Hands-on experience with:

  • Credit Risk: Exposure methodologies (PFE, EAD), ratings, RWA calculations

  • Market Risk: VaR (Historical/Parametric), stress testing, product coverage

  • Counterparty Risk: CVA/DVA, margin frameworks (SIMM, ISDA SIMM)

Technical Skills:

• Proficient in SQL for data analysis

• Experience with risk systems: Moodys RiskFrontier, Algorithmics, Bloomberg MARS, RiskMetrics

• Understanding of risk data models and regulatory timelines

Soft Skills:

• Exceptional communication for technical and non-technical audiences

• Proven ability to manage conflicting priorities