At a Glance
- Tasks: Support large-scale tech transformations in investment banking, focusing on Market Risk and Credit Risk.
- Company: Join a leading investment bank with a dynamic and innovative environment.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborate with diverse teams and gain exposure to regulatory frameworks and financial products.
- Why this job: Make a real impact in risk management while working with cutting-edge technology.
- Qualifications: 7-12 years of experience in Capital Markets, strong data analysis skills, and knowledge of Python.
The predicted salary is between 60000 - 80000 € per year.
We are looking for a Business Analyst with strong experience in Market Risk or Counterparty Credit Risk (CCR), supporting large-scale technology change and transformation programmes within investment banking. The role requires a blend of functional risk knowledge, data analysis and technical understanding (including Python).
Key Responsibilities
- Work on risk transformation programmes (Market Risk / CCR / FRTB) across technology and business teams
- Gather and document business and functional requirements for risk systems and reporting
- Translate requirements into detailed functional specifications and data mappings
- Perform data analysis and validation using SQL / Python for risk and trade datasets
- Support implementation of regulatory changes (e.g., FRTB) across systems and processes
- Collaborate with technology teams, quants and stakeholders to drive delivery
- Participate in UAT, testing and validation of risk calculations and outputs
- Ensure alignment across front office, risk and IT systems
Must-Have Skills
- Strong experience as a Business Analyst in Capital Markets / Investment Banking
- Strong exposure to: Market Risk or CCR, FRTB or regulatory risk frameworks
- Strong data analysis skills (SQL mandatory)
- Working knowledge of Python for data analysis / validation
- Experience in large-scale tech change / transformation programmes
- Strong requirement gathering, documentation and stakeholder management skills
Domain Experience (Critical)
- Hands-on experience in: Market Risk (VaR, sensitivities, stress testing) OR CCR (exposure calculation, derivatives, counterparty risk)
- Understanding of: Trade lifecycle and risk data flows
- Financial products: Derivatives (swaps, options, futures), bonds
Good-to-Have
- Experience working with risk systems / platforms
- Exposure to data lineage, reconciliation and controls
- Experience working with quants / model teams
- Familiarity with Agile delivery models
- Basic understanding of data architecture or APIs
Experience ~7–12 years (depending on depth of domain + programme exposure)
Business Analyst ( Credit Risk) in City of London employer: Ad Astra Consultants
Join a leading investment banking firm that values innovation and collaboration, offering a dynamic work environment in the heart of the financial district. As a Business Analyst focusing on Credit Risk, you will have access to extensive professional development opportunities, competitive benefits, and a culture that encourages growth and teamwork. With a commitment to supporting large-scale technology transformations, this role provides a unique chance to make a significant impact while working alongside industry experts.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst ( Credit Risk) in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking sector, especially those who work in risk management. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your data analysis projects, especially those involving SQL and Python. This will give potential employers a taste of what you can bring to the table.
✨Tip Number 3
Ace the interview by practising common questions related to Market Risk and CCR. We recommend doing mock interviews with friends or using online platforms to get comfortable with articulating your experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Business Analyst ( Credit Risk) in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in Market Risk or Counterparty Credit Risk. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects and achievements!
Showcase Your Technical Skills:Since this role requires a blend of data analysis and technical understanding, be sure to mention your proficiency in SQL and Python. We love seeing examples of how you've used these tools in past roles, especially in risk analysis.
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language to describe your experiences and avoid jargon unless it’s necessary. We appreciate a well-structured application that gets straight to the point.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly with us!
How to prepare for a job interview at Ad Astra Consultants
✨Know Your Risk Frameworks
Make sure you brush up on your knowledge of Market Risk and Counterparty Credit Risk. Be ready to discuss FRTB and other regulatory frameworks, as these are crucial for the role. Showing that you understand these concepts will demonstrate your expertise and readiness for the position.
✨Show Off Your Data Skills
Since strong data analysis skills are a must, be prepared to talk about your experience with SQL and Python. Bring examples of how you've used these tools in past projects, especially in relation to risk datasets. This will help us see your technical capabilities in action.
✨Prepare for Requirement Gathering
Think about your past experiences in gathering and documenting business requirements. Be ready to share specific examples of how you translated those requirements into functional specifications. This will highlight your stakeholder management skills and your ability to bridge the gap between technology and business.
✨Collaborate Like a Pro
Collaboration is key in this role, so be prepared to discuss how you've worked with various teams, including technology, quants, and stakeholders. Share instances where your collaborative efforts led to successful project outcomes, as this will show us that you can drive delivery effectively.
