Description
FRTB SME Business Analyst - Traded Risk Transformation
London
Contract Role
Duration: 8 Months
Rate: £475 - £520 Per Day
The role is based in London, working for a large banking and financial services organisation.
You will join the Traded Risk Transformation team which is responsible for the successful implementation of strategic applications as well as BAU project activities to ensure the highest level of data quality and integrity for Risk Management and to comply with Regulatory commitments.
The role holder will primarily act as a lead across the FRTB planning and execution agenda for TR.
About the role:
- Support the planning and implementation of FRTB agenda for TR
- Efficiency improvement of existing fragmented and manual systems
- Global consistency and improved control framework
- Delivery of transformation projects
- Liaise with global/other regional BAs and project managers to leverage knowledge and ensure successful transformation implementation
- Work effectively within the team on cross component projects.
- Changes to Risk systems are governed by external regulators, which require the project manager to ensure communication channels are open and available between the Risk Managers and the Regulatory & Risk Analytics teams
- Responsible to ensure the wider change delivery team is kept abreast of changes in the region and are being engaged in the improvement process
Experience/Qualifications:
- Knowledge of Basel 3 FRTB requirements desirable
- Detailed knowledge on trading business & products, risk methodology and regulatory framework. Specifically expertise in all Asset class product types, Counterparty risks, Market risks, Cross-Risks, trade characteristics and hedging strategies
- High degree of understanding of Traded Risk (Market or Counterparty Risk) terminology and concepts - exposure calculation approaches, Traded Risk Internal Controls framework, Basel II & III
- Capable of exposure regression analysis and explaining differences between production exposure and target system generated exposure, through breakdown of variables
- University graduate in Finance, computer science or numerated related disciplines
- Experience in documenting requirements, validating functional specifications, drafting testing approach plans and user acceptance test cases
- Able to understand and document processes using data flow diagrams
- Experience in risk system development cycles and working with Risk Technology departments.
- Strong ability to understand and use complex systems and take a logical and constructive approach to investigating and communicating system problems
- Understanding of how projects are delivered, including project life cycle
- High level of expertise in Excel & Access (VBA level), SQL, PowerPoint, Visio