Business Analyst – Market Data & Risk Analytics

Business Analyst – Market Data & Risk Analytics

Full-Time 55000 - 70000 £ / year (est.) No working from home possible
Crisil

At a Glance

  • Tasks: Analyse market data and support risk analytics initiatives in a dynamic global markets environment.
  • Company: Join a leading global banking institution focused on innovation and collaboration.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Exciting career path with exposure to cutting-edge financial technologies.
  • Why this job: Make an impact by enhancing risk models and collaborating with diverse teams.
  • Qualifications: Experience in market data analysis and strong skills in SQL, Excel, and Python.

The predicted salary is between 55000 - 70000 £ per year.

We are seeking a Business Analyst with strong expertise in Market Data and Risk Analytics to support initiatives across Global Markets. This role focuses on enabling accurate and scalable usage of risk time series data within VaR and risk modelling frameworks, working closely with trading, risk, and technology teams. The ideal candidate will have hands-on experience in market data analysis, data quality controls, and time series modelling, along with familiarity with FRTB IMA frameworks.

Key Responsibilities

  • Gather, analyze, and document business and data requirements related to market data and risk analytics.
  • Work with risk and analytics teams to support VaR models and time series data usage.
  • Analyze and validate market data inputs, including:
    • Time series construction
    • Data quality issues and gaps
    • Data sourcing and transformations
  • Implement and monitor data quality controls across market data pipelines.
  • Perform data analysis, reconciliation, and validation across systems.
  • Collaborate with technology teams to support data pipelines, enhancements, and issue resolution.
  • Engage with market data vendors and external data providers for sourcing and validation.
  • Produce functional documentation, user stories, and test cases (SIT/UAT).
  • Support governance, standardization, and documentation efforts across market data frameworks.

Must-Have Skills

  • Strong experience as a Business Analyst in Capital Markets / Market Risk.
  • Deep understanding of market data concepts and time series analysis.
  • Data quality controls and governance practices.
  • Strong working knowledge of data analysis tools (SQL, Excel, Python).
  • Ability to prototype and script in Python.
  • Experience working with market data sourcing, validation, and vendor data integration.
  • Proven experience in data analysis, validation, and reconciliation.
  • Strong communication and stakeholder management skills.

Domain Experience (Critical)

  • Good understanding of risk workflows and VaR model inputs.
  • Trade lifecycle and data dependencies.
  • Understanding of regulatory and compliance requirements in banking environments.

Technical & Data Skills (Preferred)

  • Experience with market data platforms and data pipelines.
  • Handling time series data and metadata-heavy environments.
  • Familiarity with FRTB frameworks (IMA exposure preferred).
  • Data lineage, modelling, and transformation logic.
  • Exposure to platforms such as Quartz (QZ), SecDB, Athena, or similar systems.

Good-to-Have

  • Experience working with market data governance or standardization initiatives.
  • Exposure to risk analytics or quantitative workflows.
  • Familiarity with external data vendors and procurement processes.
  • Prior experience in global banking environments.

Business Analyst – Market Data & Risk Analytics employer: Crisil

As a leading player in the Global Markets sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Business Analysts benefit from comprehensive training programmes, collaborative teamwork, and the opportunity to engage with cutting-edge market data technologies, all while working in a vibrant city known for its financial innovation. Join us to make a meaningful impact in risk analytics and enjoy a rewarding career path in a supportive environment.

Crisil

Contact Details:

Crisil Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Analyst – Market Data & Risk Analytics

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Crisil. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Analyst – Market Data & Risk Analytics

Market Data Analysis
Risk Analytics
Time Series Modelling
Data Quality Controls
SQL
Excel
Python

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Crisil.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Crisil's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Crisil

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Crisil.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Crisil will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Crisil employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.