At a Glance
- Tasks: Analyse and verify credit risk calculations for compliance with Basel 3.1 regulations.
- Company: Join a leading global financial institution focused on innovation.
- Benefits: Competitive pay, flexible working options, and opportunities for professional growth.
- Other info: Dynamic team environment with potential for career advancement.
- Why this job: Make a real impact in the finance sector while developing your analytical skills.
- Qualifications: Experience in credit risk analysis and familiarity with regulatory frameworks.
The predicted salary is between 40500 - 49500 £ per year.
The objective of the FI26 PRA Basel 3.1 Implementation project is to ensure that MUFG is compliant with PRA Basel 3.1 regulation by the date the regulation comes into force (i.e. 1st January 2027). The project will implement Full BA-CVA so that the calculation will recognize hedges to a degree. The project will review and, where necessary, implement all required components (dataset, hot fixes, batches, etc) in the vendor's regulatory solution to calculate and report BA-CVA capital for in-scope transactions and counterparties according to Bank of England rules.
The Business Analyst (BA) will play a key role in analysing, documenting and verifying as well as testing the BA-CVA calculations provided in a third-party vendor product being implemented at MUFG. The BA will work closely with Finance, Credit risk and IT teams to ensure full verification and testing ahead of implementation.
Skills:
- Basel 3
- Credit risk
- Credit Valuations Adjustment calculations
- CVA
- UAT
- BA-CVA
- Moody's Risk Authority
- Risk management
- Risk assessment
Credit Risk Business Analyst in London employer: All The Top Bananas
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