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Business Analyst - Market Risk

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  • Banking & Finance
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Job Details

Conduct the meeting with clients and key stakeholders to gather requirements, analyze, finalize and have formal sign-off s from approversGather and conduct analysis of the business requirementsTranslate the business requirements into the Business Requirement Document [BRD], Functional Requirement Document [FRD] or Minor Development Document [MDD]Translate intricate business processes into clearly defined technology deliverablesAnalyze complexity of various deliverables, their mutual dependencies; estimate effort and contribute to deciding project timeline in collaboration with local & global technology Lead.Work as a subject matter expert, business analyst, for core market risk functions like VaR calculation, VaR/exposure reporting, PAA and Backtesting, Limit monitoring, Trading MandatesBe a subject matter expert for regulatory requirements from Market Risk, including but not limited to BASEL 2.5, Volcker, FRTB, BCBS239 etc.Develop a thorough understanding of suite of applications in market risk, functionality provided by existing applications and their limitations, future road map as driven by regulatory and internal priorities. Find gaps and limitations in the applications and opportunities for consolidation in collaboration with the local and global technology leads.Develop a thorough understanding of data coming from various sources including front office and primary risk/finance data sources, limitations and gaps in attributes required for various regulatory and internal commitments.Analyze and onboard limits and exposure reports for different limit tiers for business or regulatory deliverables, perform similar onboarding and setup tasks using application tools which require subject matter expertise in Risk and Application knowledgeProvide application demos to users, and answer user queries related to daily risk management/reporting if and when required. Qualifications Knowledge/ExperienceThorough knowledge of cash and derivative products in Fixed Income, FX, Equities and their sensitivities. Exposure to VaR methodologiesKnowledge of Risk factors and mappingLocal pricing and Full pricingVariance covariance matrices, simulation and aggregationLinkage between Market Risk and Basel II/IIIExcel prototypingSkillsAnalytical modeling of VaR MethodologiesThorough understanding of financial productsExposure to Use case methodsArticulation/ Written and verbal communication.Deep working experience of flow charting, Visio, MS-Office applications, excel macrosKnowledge of databases, SQLWillingness to learn technologies for data access/data analysis as requiredQualificationsFRM/CFA is preferred. B.Tech,B.Com, BSc (Math) grads can also applyExperience in Investment banking/capital markets is a must10-12 years of experience is a mustCompetenciesGood change management disciplineTeam workGood written and verbal communication skillsAbility to explain domain concepts to Developers Conduct functional testing of application during developmentAnalyze and explain the results and releases and get user sign offs
Degree: MBA/ PGDM

Additional Degree: B.Com. (Commerce) | BE/ B.Tech (Engineering) | B.Sc. (Science)

Experience: 10-12


Business Analyst | Market Research | Marketing Strategy | Product /Brand Management
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