Description
Our client, a leading investment bank, currently seeks a Market Risk Business Analyst, to be based in their The Docklands.
The Market Risk Business Analyst will work on The Market Risk Change Programme. This is a major programme and aims to introduce a global, common operating model underpinned by a common, global systems infrastructure.
The Market Risk Business Analyst will be responsible for:
-Analysis, gathering and documentation of functional and non-functional requirements.
-Business process analysis and documentation including providing process improvement recommendations. Workflow design, including process modelling, and documentation
-Collection of project level information to feed into project level reporting
-Act as interface between business and Global Risk Technology in communicating requirements and validating of External Design Reports (Technical specifications) produced in response to requirements
-Design of test strategy including preparing test cases for unit, component and User Acceptance Testing. Involvement in and execution of unit and component tests in conjunction with Risk IT. Coordination of User Acceptance test cycles, documentation of results, issue tracking and other activities required to successfully exit UAT
-Control and manage work-groups and project documentation related to functional and technical workgroups
-Prepare use cases and test cases and help define User Acceptance test plans
-Ensure that business and IT resources are co-ordinated during project life cycles
-Review, report, resolve, mitigate and escalate project risks and issues as appropriate
-Co-ordinate regular working group meetings and contribute to Project Steering Committee meetings, providing minutes and actions where appropriate
-Maintain strong communications among and between team members and programme stakeholders
-Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy
-Maintain HSBC Internal Control Standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators
-Be aware of the Operational Risk scenario associated with your role and act in a manner that takes account of operational risk considerations.
As such, the successful Market Risk Business Analyst will have the following skills and experience:
-Good knowledge of VaR with at least 3 - 5 years exposure to VaR calculations and processes at a Tier 1 investment bank
-Will have considerable experience of market risk management project implementations
-Have an in depth understanding of market risk management systems, processes and functions
-Knowledge of risk management techniques including VAR/Stress Testing and the Greeks
-Hands on experience of vendor risk software such as Algorithmics or QuIC
-Experience of pricing including yield curves and vanilla options
-Hands on experience of software and systems testing
-Ability to develop simple Excel macros
-Team player with Strong inter personal skills, good communication skills (we work on a global project and the ability to communicate efficiently is paramount)
-Pragmatic decision making capability
-Hands on approach required with ability to multi-task
-Focused and delivery-driven with ability to prioritise appropriately in a fast moving and often evolving environment
This is a great opportunity for an experienced Market Risk Business Analyst to work for one of the most respected investment banks in the world.
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.