Business Analyst

We are looking for a Business Analyst with strong experience in Market Risk or Counterparty

Credit Risk (CCR), supporting large-scale technology change and transformation programs

within investment banking. The role requires a blend of functional risk knowledge, data analysis and technical understanding (including Python).

Key Responsibilities

• Work on risk transformation programs (Market Risk / CCR / FRTB) across technology and

business teams

• Gather and document business and functional requirements for risk systems and

reporting

• Translate requirements into detailed functional specifications and data mappings

• Perform data analysis and validation using SQL / Python for risk and trade datasets

• Support implementation of regulatory changes (e.g., FRTB) across systems and

processes

• Collaborate with technology teams, quants and stakeholders to drive delivery

• Participate in UAT, testing and validation of risk calculations and outputs

• Ensure alignment across front office, risk and IT systems

Must-Have Skills

• Strong experience as a Business Analyst in Capital Markets / Investment Banking

• Strong exposure to:

o Market Risk or CCR

o FRTB or regulatory risk frameworks

• Strong data analysis skills (SQL mandatory)

• Working knowledge of Python for data analysis / validation

• Experience in large-scale tech change / transformation programs

• Strong requirement gathering, documentation and stakeholder management skills

Domain Experience (Critical)

• Hands-on experience in:

o Market Risk (VaR, sensitivities, stress testing) OR

o CCR (exposure calculation, derivatives, counterparty risk)

• Understanding of:

o Trade lifecycle and risk data flows

o Financial products:

▪ Derivatives (swaps, options, futures), bonds