Counterparty Credit Risk Business Analyst

JOB SCOPE

The Risk and Compliance Change team require a strong Business Analyst with background in Counterparty Credit Risk (CCR) and exposure modelling to work on several initiatives as part of the strategic Trading Book Wind Down. These critical projects focus on business and technology deliverables including system upgrades and migrations, risk data and control implementations.

In this function, the lead is responsible for high quality analytics requirements produced by the team, testing, training, and user support for various projects focused on Traded Credit Risk.

The successful candidate will be an experienced Business Analyst with a focus on CCR or CVA.

KEY ROLES AND RESPONSIBILITIES

• Work with relevant stakeholders including Traded Risk Management, Counterparty Credit Risk Modelling and FO teams to deliver a new risk management system and CCR models.
• Become a key person for the implementations of the new risk system and models (simulation, derivatives pricing, IM and VM collateral modelling and aggregation).
• Work with ITO team on the platform to deliver the relevant components for the reporting solution including all risk measures and limit management components and incremental impact of new deals using Monte Carlo simulation.
• Be an interface between Risk managers, Counterparty Credit Risk Modelling and FO teams to collate all requirements and ensuring that these are translated into tangible ITO deliveries
• Writing business requirements documents that fully and clearly cover the user requirements.
• Planning the required testing ensuring traceability between requirements and test cases
• Undertaking functional testing of the delivered functionality to ensure it meets the requirements, where required documenting issues and managing to resolution
• Providing expert support to the business during User Acceptance Testing
• Providing user training and support for system implementations including performing user verification testing where required.

SKILLS & QUALIFICATIONS

General Skills:

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across our organisation. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Business Analysis (e.g., gathering user requirements, data analysis)
• Coordinate User Acceptance Testing
• Ability to multi-task and liaise directly with Risk Managers, FM Ops and Finance
• Familiarity and demonstrates confidence working in an agile development environment.
• Self-starter who can manage timelines, drive/facilitate requirements and communicate with Developers.

Technical Knowledge

• Any experience with technologies such as PostgreSQL, Kafka or ElasticSearch is a plus.
• Oracle PL/SQL development background, SQL Tuning is a plus
• Scripting programming in Linux shell, Python is a plus.
• Development experience on functional language, such as Haskell, is a plus.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across our organisation. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Preferred Domain Knowledge
• 8+ years in delivering change in Credit Risk
• Other Preferred Skills
• Understanding of Financial Markets business