Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support large-scale tech transformations in investment banking, focusing on Market Risk and CCR.
- Company: Join a leading investment bank driving innovative risk solutions.
- Benefits: Competitive pay, professional growth, and the chance to work with top-tier technology.
- Other info: Dynamic role with opportunities for career advancement in a fast-paced environment.
- Why this job: Make a real impact in finance while developing your analytical and technical skills.
- Qualifications: Experience in Capital Markets, strong SQL skills, and familiarity with Python required.
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).
Business Analyst employer: Falcon Smart IT (FalconSmartIT)
Contact Detail:
Falcon Smart IT (FalconSmartIT) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking sector, especially those who work with Market Risk or CCR. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you're comfortable discussing Python and SQL, as well as your experience with risk transformation programs. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights 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!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Business Analyst position. Share specific examples of your work in risk transformation programs and how you’ve collaborated with tech teams.
Show Off Your Technical Skills: Since we’re looking for someone with data analysis skills, make sure to mention your proficiency in SQL and Python. If you’ve used these tools in past roles, give us the details – we love seeing practical applications!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Falcon Smart IT (FalconSmartIT)
✨Know Your Risk Frameworks
Make sure you brush up on your knowledge of Market Risk and Counterparty Credit Risk (CCR). Be ready to discuss how these frameworks apply to the role and share any relevant experiences you've had with regulatory changes like FRTB.
✨Show Off Your Data Skills
Since strong data analysis skills are a must, prepare to demonstrate your proficiency in SQL and Python. Bring examples of past projects where you used these tools for data validation or analysis, and be ready to explain your thought process.
✨Master Requirement Gathering
The ability to gather and document business and functional requirements is crucial. Think of specific instances where you successfully translated complex requirements into functional specifications, and be prepared to discuss your approach to stakeholder management.
✨Collaborate Like a Pro
Collaboration is key in this role, so think about how you've worked with technology teams, quants, and other stakeholders in the past. Be ready to share examples of how you drove delivery and ensured alignment across different teams.