Senior Business Analyst and Project Manager, Risk Transformation.

Location - London

Rate - £550/Day PAYE or £705/Day Umbrella

Contract - 6 months

Role Purpose

• To provide business analysis skills to document the business deliverables for Traded Risk.
• To have knowledge of credit risk measures such as RWA, PFE, IMM, CVA VAR etc
• To work independently without too much supervision or guidance from PM / Senior BAs in the global teams
• The role will involve working with a Global Risk Transformation Credit Risk Engines team, and the candidate should have knowledge of all asset classes including rates, fx, credit and equities products.
• To work under Agile project framework and use of ALM JIRA software for writing Epics/stories
• To support End to End Test execution and demonstrate proficiency in software testing, stakeholder management
• To write test cases, test defect management, good documentation standards under Agile with test evidence and audited sign offs.
• To support project management responsibilities from time to time in the preparation of project status reports, identifying risks and issues, helping to prepare monthly reporting packs.
• To investigate business queries / problems in relation to trade / static data feeds. 

Essential Skill Requirements  

• 10+ years in Investment Banking, Program Management and Business analysis.
• To work independently without too much supervision or guidance from PM / Senior BAs in the global teams
• Experience with regulatory program IBOR, BASEL III, FRTB or implementation of equivalent regulations
• Confidence in communication internally at all levels; candidate will be dealing with Front Office, Middle office, Traded Risk management, Product Control, Quants and Technology teams on a daily basis who are both business and technically sophisticated.
• Domain knowledge in both Market Risk and Counterparty Risk and asset classes and their implications in terms of market risk & traded counterparty risk. Specifically looking for experience/exposure in IR /FX / EQ and/or Credit asset classes

Project Manager and Business Analyst Experience

• Good knowledge and experience of traded risk management gained through project implementation or systems development in an IT or change delivery function.
• Strong problem solving skills, data analysis, basic knowledge of database query and Hands on experience of software and systems testing
• Proven and demonstrable track record in risk business analysis and project delivery under Agile method
• Strong problem solving skills, data analysis, use of MS Office, Visio and basic knowledge of SQL.
• Hands on experience of software and systems testing.
• Attention to details and investigative skills
• Understanding of core project management activities and process, defined under PMI and Prince.
• MS project and PMO tools such as Open Work Bench or similar tools for project management support, planning, risks and issues tracking.
• Excellent written, verbal and presentation communication skills including extensive experience of interaction with senior management
• Experience in working with senior stakeholders and presenting complex scenarios using visualisation tools to support decision making.
• Release and UAT experience

Counterparty Risk Domain knowledge

• Counterparty credit risk and collateral Management practices including understanding of simulation, pricing, aggregation and understanding of ISDA documentation
• Understanding of those factors affecting credit risk management, its systems, processes and functions.
• Credit Risk measures (e.g PD/LGD/EEPE/EE/OEM/CEM). & calculation methodology (e.g. PFE/VaR/CVA VaR)
• Markets infrastructure, including trading systems and deal flows globally;
• End to end processes relating to trade booking, risk, Finance and Product Control;
• Trade events and how they affect credit risk;
• Credit Risk business processes

Market Risk Domain knowledge

• Knowledge of asset classes and their implications in terms of market risk. Specifically looking for experience/exposure in IR /FX / EQ and/or Credit asset classes.
• Asset classes and their implications in terms of market risk.
• Very strong understanding of market risk measures used for risk management.
• Strong business analysis experience in Market risk context
• Exposure to market risk reporting platforms and to risk engines
• Asset Control or equivalent Market Data tool
• Experience of querying aggregation CUBES of very large volumes of market risk measures across multiple dimension