At a Glance
- Tasks: Analyse and validate credit risk calculations while collaborating with finance and IT teams.
- Company: Join a dynamic tech-driven company focused on regulatory change in financial services.
- Benefits: Gain valuable experience in a high-impact role with potential for career growth.
- Other info: Work in a collaborative environment with global teams and exciting challenges.
- Why this job: Make a real difference in regulatory compliance and enhance your analytical skills.
- Qualifications: 5+ years as a Business Analyst with strong CVA and credit risk knowledge.
The predicted salary is between 50000 - 70000 £ per year.
We’re looking for an experienced Business Analyst to join a high-impact regulatory programme focused on Basel implementation. This role sits within a dynamic Technology and Innovation function and plays a critical part in delivering BA-CVA (Basic Approach Credit Valuation Adjustment) capabilities ahead of the January 2027 regulatory deadline. You will work closely with Finance, Credit Risk, and IT teams, as well as third-party vendors, to ensure robust validation, documentation, and end-to-end testing of CVA calculations within a regulatory solution.
Key Responsibilities
- Analyse and validate BA-CVA calculations from a third-party vendor solution
- Document processes, workflows, and findings clearly and accurately
- Collaborate with stakeholders to review, refine, and sign off requirements
- Support end-to-end testing and UAT to ensure calculation accuracy
- Develop business and functional requirements documentation
- Create test plans, test cases, and present test results
- Partner with technical teams to support system integration and implementation
- Track progress, report status, and escalate project risks/issues where needed
- Liaise with vendors to support solution delivery and issue resolution
What We’re Looking For
Experience
- 5+ years’ Experience as a Business Analyst within financial services
- Strong exposure to CVA / Credit Risk / derivatives
- Experience working on regulatory change programmes
- Proven track record working with third-party vendor solutions
- Experience across the full project lifecycle (requirements to testing)
- Experience with Moody’s Risk Authority (RAY) or similar platforms
Technical & Functional Skills
- Strong analytical and numerical capabilities
- Solid understanding of BA-CVA or Credit Valuation Adjustment calculations
- Knowledge of derivatives products and regulatory reporting
- Familiarity with testing frameworks and methodologies (UAT, SIT)
- Experience with tools such as JIRA and Microsoft Office
Soft Skills
- Excellent communication and stakeholder management skills
- Ability to work independently and collaboratively across global teams
- Highly organised with strong attention to detail
- Proactive, adaptable, and able to perform under pressure
Credit Risk Business Analyst in London employer: Teksystems
At TEKsystems, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to thrive. Located in the vibrant city of London, we offer competitive benefits, a strong focus on professional development, and the opportunity to work on high-impact projects within the financial services sector. Join us to be part of a dynamic team dedicated to delivering cutting-edge solutions while supporting your career growth in a supportive culture.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Business Analyst in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Teksystems.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Teksystems might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Credit Risk Business Analyst in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Teksystems will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Teksystems. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Teksystems confidence in your short-term commitment to the role.
How to prepare for a job interview at Teksystems
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Teksystems.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Teksystems that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
