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For Companies At a Glance
- Tasks: Analyse risk and P&L data, create functional specs, and support trading desks.
- Company: Leading investment bank with a global presence and innovative tech solutions.
- Benefits: Competitive pay, flexible working, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous improvement and compliance.
- Why this job: Join a dynamic team at the forefront of finance technology and make an impact.
- Qualifications: Strong analytical skills and experience in software development or business analysis.
The predicted salary is between 50000 - 70000 £ per year.
6 month contract - Inside IR35 - Investment Banking 50% London office travel required. Global Markets (GM) IT Risk and P&L consists of approximately 400 people spread between London, Paris, New York, India and Asia, developing software to support systems for Risk, P&L and Financial Resources data for Global Markets. Within GM IT Risk and P&L development, the Presto Services team are responsible for business-focused services that use risk and P&L data to deliver functionality for Flow Rates and Credit traders. The role sits at the intersection of risk analytics, trading desk requirements and software delivery, requiring strong quantitative insight, data driven problem solving and the ability to translate those insights into clear functional specifications for development teams. Primo3 is a fat client that provides FX Exposure, Risk-based Explain and Stepped Explain for Flow Macro traders. It is being replaced by Picto/Presto with the functionality in a set of service owned by the team.
Responsibilities
- Understand the detail of the risk and P&L implementation within Primo3 by working with dev, APS and analytics teams.
- Produce and maintain artefacts such as functional specifications, user stories and test plans.
- Help to investigate numerical breaks and understand the functional changes needed to resolve these.
- Work across the full set of systems to understand how static data, batch configuration and functional implementation result in correct risk and P&L for trading.
- Contribute to validation and sign-off for deliveries ahead of a production release.
Technical BA & Analytics
- Perform deep dive numerical investigations on risk sensitive metrics.
- Create reproducible analytical notebooks (Python/Jupyter) or spreadsheets that demonstrate how key risk and P&L numbers are derived.
- Validate model generated results against source data and production system outputs, flagging any discrepancies.
- Provide occasional BAU assistance for the Credit, Flow‑Rates and Repo‑Financing desks, including minor enhancements and defect resolution.
- Collaborate with the GMITRisk development teams to prioritise and schedule BAU tickets accordingly.
- Participate in the RiskBASupport rota (≈1 week every 2 months).
- Respond to user queries about the GMITRisk platform or pass onto relevant APS/IT teams.
- Capture new functional requirements and flag upcoming project opportunities.
Cross‑Functional & Governance
- Ensure compliance with internal risk‑management policies and external regulatory standards.
- Contribute to continuous‑improvement initiatives (process optimisation, documentation standards).
Risk and P&L Technical Business Analyst employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk and P&L Technical Business Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the investment banking sector, especially those working in risk and P&L. Use LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves deep dives into risk metrics and data analysis, make sure you're comfortable discussing Python, Jupyter notebooks, and any relevant analytical tools. Practice explaining complex concepts in simple terms!
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss past experiences where you've tackled numerical discrepancies or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your impact.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that dream job!
We think you need these skills to ace Risk and P&L Technical Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk and P&L Technical Business Analyst role. Highlight relevant experience, especially in risk analytics and software delivery, so we can see how you fit into our team.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role and how your skills align with our needs. Be specific about your experience with quantitative insights and problem-solving, as these are key for us.
Showcase Your Technical Skills: Don’t forget to mention your technical skills, especially in Python and data analysis. We love seeing examples of how you've used these skills in past roles, so feel free to include any projects or achievements.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Lorien
✨Know Your Risk and P&L Inside Out
Before the interview, make sure you have a solid understanding of risk and P&L concepts, especially as they relate to trading. Brush up on how these metrics are calculated and their significance in investment banking. This will help you answer technical questions confidently and show your passion for the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and problem-solving. Bring examples of past projects where you've used Python or Jupyter notebooks to derive key metrics. Being able to explain your thought process and how you validated results will impress the interviewers.
✨Understand the Business Context
Familiarise yourself with the specific needs of Flow Rates and Credit traders. Knowing how your role as a Technical Business Analyst fits into the bigger picture will demonstrate your ability to bridge the gap between technical teams and business requirements.
✨Prepare for Cross-Functional Collaboration
Since this role involves working with various teams, be ready to discuss your experience in cross-functional environments. Highlight any instances where you've successfully collaborated with development teams or contributed to process improvements, as this will show your adaptability and teamwork skills.