At a Glance
- Tasks: Manage and enhance credit risk reporting processes while collaborating with teams to drive improvements.
- Company: Join a high-end consultancy firm dedicated to delivering optimal services in financial services.
- Benefits: Competitive salary, supportive culture, ongoing training, and flexible hybrid working model.
- Why this job: Make a real impact in the financial sector while developing your career in a dynamic environment.
- Qualifications: Experience in credit risk reporting and proficiency in data manipulation tools like Murex and Bloomberg.
- Other info: Embrace diversity and inclusion while building lasting relationships and tackling complex challenges.
The predicted salary is between 42000 - 63000 Β£ per year.
emagine is a high-end professional services consultancy and solutions firm specialising in providing business and technology services to the financial services sector. We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication to delivering the optimal service for our clients.
We are seeking a Credit Risk Reporting Business Analyst to manage and enhance credit risk reporting processes in line with regulatory requirements. This role is critical for ensuring accurate, timely, and compliant reporting while driving improvements in systems and workflows.
Main Responsibilities- Deliver counterparty concentration risk, stress, and limit reporting.
- Upgrade the QuIC counterparty credit risk engine for PFE calculation to meet PRA license conditions.
- Develop credit risk reports, including Collateral, Gross Cash Limit, and Short-Term Tenor across multiple products.
- Create a pre-deal check tool for the Rates Sales Desk to estimate PFE exposure and limit utilization.
- Design UI and workflows for calculation review and validation processes.
- Analyze and manipulate data using platforms such as Murex, Apex, and Bloomberg.
- Conduct gap analysis and define future-state credit risk processes.
- Collaborate with application teams to implement system and data changes.
- Resolve data integration issues impacting counterparty and limit information.
- Review operational risks and propose electronic/procedural improvements.
- Influence project solutions through technical expertise.
- Act as a liaison between business and software development teams.
- Participate in SIT and UAT testing of data and report outputs.
- Prepare stakeholders for new solutions and provide initial application support.
- Proven experience in credit risk reporting and analysis.
- Proficiency in Murex, Apex, and Bloomberg for data manipulation.
- Strong analytical and problem-solving skills within financial contexts.
- Understanding of regulatory requirements, particularly PRA conditions.
- Ability to develop tools and workflows for credit risk management.
- Familiarity with QuIC and RiskMetrics.
- Experience with SIT and UAT testing processes.
- Strong communication skills to explain technical concepts to non-technical stakeholders.
At emagine, we are committed to building an international and diverse team by embracing our different backgrounds. If you are up to the challenge and would like to find out more, get in touch with us immediately. Our internal recruitment team is always keen to hear from dynamic individuals that are looking to further their career and explore their full potential.
emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin.
Counterparty Credit Risk BA in London employer: emagine
Contact Detail:
emagine Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Counterparty Credit Risk BA in London
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
β¨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their values and how you can contribute. Tailor your answers to show you're not just a fit for the role, but also for their culture.
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. This will help you articulate your thoughts clearly and boost your confidence when itβs time for the real deal.
β¨Tip Number 4
Donβt forget to follow up after interviews! A simple thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it keeps you on their radar!
We think you need these skills to ace Counterparty Credit Risk BA in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Counterparty Credit Risk BA role. Highlight your experience with credit risk reporting and tools like Murex and Bloomberg. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk and how you can contribute to our team. Keep it concise but impactful β we love a good story!
Showcase Your Analytical Skills: In your application, donβt forget to showcase your analytical and problem-solving skills. Give examples of how you've tackled complex issues in financial contexts. Weβre all about finding solutions here at StudySmarter!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donβt miss out on any updates. Plus, itβs super easy!
How to prepare for a job interview at emagine
β¨Know Your Numbers
As a Counterparty Credit Risk Business Analyst, you'll need to be comfortable with data. Brush up on your knowledge of key metrics like PFE and concentration risk. Be ready to discuss how you've used tools like Murex or Bloomberg in past roles to manipulate and analyse data.
β¨Understand Regulatory Requirements
Familiarise yourself with the PRA conditions and other regulatory frameworks relevant to credit risk reporting. During the interview, demonstrate your understanding of these requirements and how they impact reporting processes. This shows youβre not just technically savvy but also aware of the bigger picture.
β¨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex problems in previous roles. Whether itβs resolving data integration issues or enhancing reporting processes, be ready to explain your thought process and the outcomes. This will highlight your analytical skills and ability to drive improvements.
β¨Communicate Effectively
Since you'll be liaising between technical teams and non-technical stakeholders, practice explaining complex concepts in simple terms. Use examples from your experience where you successfully communicated technical information to diverse audiences. This will demonstrate your strong communication skills, which are crucial for the role.