Senior Business Analyst - Market Risk
Job Summary
Job Description
- 6+ years as Business Analyst in Investment Bank's Market Risk dept.
- Data models, SQL, XML, HTML, UML experience
- Knowledge of Market Risk, VaR, PNL, Greeks, SIMM
- Margin requirements for non-centrally cleared Derivatives (BCBS 261)
- Initial Margin management, Variation margin, CSA & Collateral management
- Liaison between onshore/offshore teams, functional support for development team
- Functional testing and validation of development
- Product Control knowledge
- Financial products (Treasury, FX, Credit, IRD)
- MS Office, SharePoint, Project, Visio
- UML, Business object, data warehouse, BI
7 skills required
Job Details
Project description
As a Business Analyst specializing in Market Risk, you will play a key role in understanding and translating business requirements into technical solutions. Working closely with stakeholders, you will analyze and document business processes related to risk management, identify areas for improvement, and collaborate with cross-functional teams to implement effective solutions. The MRD (Market Risk & Delivery) Section is part of the CMI (Capital Markets IT) Department and is responsible for development and maintenance of Market Risk applications used by worldwide users as well as the implementation of regulatory and investment projects.
Responsibilities
Responsible for the functional knowledge:
Liaise with IT business lines contacts for clarification and understanding of requirements.
Analyze functional impacts considering technical constraints with technical lead’s help
Prepare and present functional aspects of changes/evolutions to developers
Draft detailed functional specifications/users stories for developers, in line with general specifications or list of requirements provided by project manager / Business Analysts
Support the technical development team in any functional aspects.
Organize and keep up to date detailed functional documentation
Responsible for the functional testing of development:
Develop tests strategy in coordination with project manager / Business Analysts
Conduct continuous testing in development environment for development monitoring
Write functional unit test cases and functional test cases for system verification
Follow the user acceptance test and coordinate the prioritization with project manager
Involved in support of application for functional incident
2nd level support work on request escalated from level 1
Reproduce, make first analysis and investigate verifying codification and data
Analyze and/or solve functional problems in coordination with developers
Skills
Must have
6+ years as a Business Analyst in Investment Bank organization within Market Risk department
Technical experience: to be comfortable with data models and SQL; XML, HTML, UML
Functional experience:
Knowledge of Market Risk, VaR, PNL, Greeks, SIMM
Margin requirements for non-centrally cleared Derivatives (BCBS 261)
Initial Margin management – calculation, attribution analysis & back testing
Knowledge of Variation margin, CSA management & Collateral management
Hands-on experience as liaison function between the onshore IT business lines and offshore technical teams and as primary functional support for development team
Thorough experience in functional testing and validation of development
Nice to have
Product Control knowledge (Pnl calculation and explanation, …)
Financial products (Treasury, FX, Credit, IRD…)
Usage of MS Office, MS Sharepoint, MS Project, MS Visio
Understanding of UML
Technical: Business object, data warehouse, BI
Other
Languages
English: C1 Advanced
Seniority
Senior
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About The Company
Luxoft, a DXC Technology Company (NYSE: DXC), is a digital strategy and software engineering firm providing bespoke technology solutions that drive business change for customers the world over. Acquired by U.S. company DXC Technology in 2019, Luxoft is a global operation in 44 cities and 21 countries with an international, agile workforce of nearly 18,000 people. It combines a unique blend of engineering excellence and deep industry expertise, helping over 425 global clients innovate in the areas of automotive, financial services, travel and hospitality, healthcare, life sciences, media and telecommunications.
DXC Technology is a leading Fortune 500 IT services company which helps global companies run their mission critical systems. Together, DXC and Luxoft offer a differentiated customer-value proposition for digital transformation by combining Luxoft’s front-end digital capabilities with DXC’s expertise in IT modernization and integration. Follow our profile for regular updates and insights into technology and business needs.
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