Technical Risk Business Analyst

1 week ago

London Area, United Kingdom Luxoft Full time £80,000 - £120,000 per year

Project description

To support the delivery of the clients PFE and adoption. This is required to meet PRA/ECB regulatory requirements, but also ensures methodology consistency with Bank and Securities. The latter already use PFE. This will be a role within the Business Analyst team servicing Risk technology related projects.

Position implies 5 days per week in the office in London

Responsibilities

  • Assist with the delivery of the Bank PFE initiative from a risk technology perspective.
  • Perform technical analysis and design of target infrastructure updates related to PFE implementation for the Bank entity.
  • Documenting detailed user requirements, validating pricing and simulation models using Markit FRA.
  • Mapping Trade and Market data items from trade systems to FraimWRX format.
  • Work closely with risk quants to understand functionaly how all products will map to existing PFE modelled/non-modelled calculation methodologies.
  • Working closely with business to define a solution for eod/intraday credit risk monitoring for the bank entity.
  • Work closely with the technology project management and risk system vendors to define delivery schedules and validate package updates.
  • Work with the project team to define appropriate testing methodologies and be involved running tests related to new product development.
  • Ensure effective partnership with the production teams to ensure effective handover of new processes and controls into the live environment
  • Drive forward solutions to remediate production issues
  • Develop solid working relationships with many all areas of the firm but especially technology risk, risk analytics group, market risk management, credit risk management and Front office solutions.
  • Work closely with relevant business and technology stakeholders to ensure effective and efficient implementation of the project(s)
  • Act as a Risk technology SME within the one platform initative programme.

Mandatory Skills

  • Clients counterparty credit risk uses an advanced model for PFE so the BA needs to be quantitative and familiar with these advanced tools.
  • Client uses a vendor based calculation engine, S&P Global and FraimWRX (formerly known as Quic) and that although prior experience using FraimWRX is desirable similar hands on experience with other vendor or proprietary pricing and risk engines is acceptable .
  • Strong business analysis skills and project lifecycle knowledge
  • Knowledge/experience of gathering business requirements and compiling business requirements documents and functional specifications
  • Ability to define and structure test plans, experience of guiding users through UAT phases
  • Ability and experience of working under pressure - both autonomously and within a team
  • Knowledge of investment banking
  • Strong background in implementing a PFE solution for Interest rate, FX and Loan products.
  • Knowledge of key Credit risk topics. A Minimum of 5 years experience working in these domains.
  • Ability to liaise with business and IT stakeholders

Nice-to-Have Skills

  • Experience of working with FraimWRX and/or Murex would be beneficial

  • Technical Business Analyst

    2 weeks ago

    London Area, United Kingdom Albion Blake Full time £55,000 - £65,000 per year

    Role:Technical Business Analyst (Broker Systems)Location:London / Hybrid (2 days on-site)Dept:Product & AnalyticsSalary:£55,000 - £65,000 p/a + packageA modern software provider to commercial insurance brokers in the UK. Our mission is to enable brokers to record data once, eliminate re-keying, streamline insurer quote binding via APIs, improve data...

  • Technical Business Analyst

    7 days ago

    London Area, United Kingdom Squarepoint Full time £60,000 - £120,000 per year

    Position Overview:As a Technical Business Analyst or Project Manager, you will be the key driver of the entire project lifecycle; starting from using requirements elicitation techniques to gather business requirements, identify problems or discover gaps, evaluate project objectives and track progress, to ultimately ensure successful delivery of the...

  • Risk Analyst

    2 weeks ago

    London Area, United Kingdom Albion Blake Full time £31,280 - £64,000 per year

    Risk Analyst / QRA Specialist - Contract OpportunityStart Date:ASAPLocation:London (On-site)Rate:£640 per dayIR35:In ScopeScreening:BPSS (Basic Disclosure)A fantastic opportunity has arisen for an experienced Risk Analyst / QRA Specialist to join a high-performing project delivery environment. This role is ideal for someone with deep experience in...

  • Technical Business Analyst

    4 days ago

    London Area, United Kingdom Atherton Stone Full time £40,000 - £80,000 per year

    Technical Business AnalystPermanent PositionRemoteOur client are a world leading software company with an established Insurance division and products.They are looking for a Business Analyst to join them to work within the Implementation team. This person will be tasked with gathering and translating client requirements whilst working on Integration /...

  • Technical Business Analyst

    4 days ago

    London Area, United Kingdom Verse Consulting Full time £80,000 - £120,000 per year

    We are seeking an experiencedSystems Analystwith deepFinancial Services expertise, includinghands-on experience with structured products, to lead the technical discovery phase and define the technology roadmap for modernising and integrating existing systems.This role focuses on evaluating legacy architecture, mapping integrations, analysing data flows, and...

  • Technical Business Analyst

    2 days ago

    London, United Kingdom Opus Recruitment Solutions Full time

    Job DescriptionTechnical Business Analyst / Outside IR35/ Fully remote (UK) / 12 Month Contract I am seeking two Technical Business Analysts to a financial services client. These roles will focus on data analytics and regulatory change delivery within a capital markets environment.You will act as a technical SME/BA, bridging the gap between business...

  • Senior Technical Business Analyst

    2 weeks ago

    London Area, United Kingdom Harrington Starr Full time £60,000 - £100,000 per year

    Technical Business Analyst -Trading Technology / FinTechAbout the RoleHarrington Starr are partnered with a growing FinTech firm who are seeking a Technical Business Analyst. You'll work across multiple business lines, bridging the gap between technology, product, and client needs.This is a highly cross-functional position — collaborating with engineering,...

  • Business Risk Analyst

    2 weeks ago

    London Area, United Kingdom Hays Full time £60,000 - £100,000 per year

    About the roleAs a Risk Business Analyst with expertise in Industry/Domain, you will collaborate with our client's Relevant Department or Team.Our client is currently looking for a recruit in joining their current team, below are the job details for your reference:You can also ask our friendly recruitment team for any questions you may have about the role,...

  • Technical Business Analyst

    6 days ago

    London Area, United Kingdom Cornwallis Elt Full time

    Technical Business Analyst – Java, Trading, Real Time, Process Mapping, Development, Analysis, Front Office – Financial Services, Permanent – Up to £85,000 Base + BonusMy Client, a leading global investment bank is seeking an exceptional hands-on Technologist / Technical Business Analyst to join a front-office aligned team in London on a permanent...

  • Risk Business Analyst

    6 days ago

    London, United Kingdom Page Group Full time

    Risk Business Analyst role is to work with the Project Manager and Subject Matter Experts to work on risk based projects aligned to the end-to-end impact on the banking integration and document business requirements for both system and non-system aspects. **Client Details** A large international bank based in London. **Description** **Risk Business Analyst...