Description
Currently looking for an experienced Credit Risk Business Analyst to join a tier one investment bank you will be joining the bank's core projects of and talented team based in the City.
The successful Credit Risk BA will be a part of the multi-million pound Greenfield project to implement the brand new risk platform (across the entire business including Fixed Income, Equity, FX, Commodity, Credit, Rates and Exotics. The QuIC engine will be calculating both Credit Risk (including PFE) and Market Risk (including VaR and sensitivities).
The Risk Business Analyst with be responsible for gathering and documenting the reporting requirements from all the risk teams, initially focussing on credit risk. They will also be required to work with the developers on the technical specifications and participate in UAT once development has been completed.
Essential
-Strong credit risk analytic skills, with an understanding of PFE, EPE, back testing & collateral modelling
-Experience of working on large risk projects. They will task-orientated, be familiar to working to tight deadlines and be self-motivated.
-Experience of writing comprehensive tests cases and documenting via Quality Centre
-Regulatory Reporting - including Basel II & III, RWA calculation, allocation of capital.
-Limit Management- including Limit Reporting, Tiered Limit management, systems for Excess management.
-Specification Writing - production of functional specifications
Desirable
-Experience of market risk across asset classes is also desirable with an understanding of VAR and Greeks
-Experience of Murex 2.11 & Microsoft SQL Server
7 Fifty Two Solutions is acting as an Employment Business in relation to this vacancy.