At a Glance
- Tasks: Drive transformation in Market Risk and CCR, using your analytical skills and tech knowledge.
- Company: Join a leading investment bank focused on innovation and technology.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on career development and regulatory challenges.
- Why this job: Make a real impact in the finance world while working with cutting-edge technologies.
- Qualifications: Experience in Market Risk or CCR, strong data analysis skills, and Python knowledge.
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 programs 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 programs (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 programs
- 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 + program exposure). Note: Candidates must have worked on regulatory or large-scale risk transformation programs (not BAU reporting roles).
Change Ba – Market Risk / Ccr employer: Crisil
As a leading investment banking firm, we pride ourselves on fostering a dynamic work environment that encourages innovation and collaboration. Our commitment to employee growth is evident through comprehensive training programs and opportunities to engage in large-scale technology transformations, particularly in the Market Risk and Counterparty Credit Risk domains. Located in a vibrant financial hub, we offer competitive benefits and a culture that values diversity and inclusion, making us an exceptional employer for those seeking meaningful and rewarding careers.
