Business Analyst - Credit Risk

LUXOFT; United Kingdom; On-site; GBP 55,000 - GBP 80,000; Full time

Job summary

A prominent financial services firm in the United Kingdom is seeking an experienced Business Analyst to support the Credit Risk team. The role entails documenting business and data requirements, coordinating testing, and ensuring compliance with regulatory guidelines. Ideal candidates will have functional experience in Credit Risk, strong analytical skills, and familiarity with SQL and Oracle tools. This is a unique opportunity to work in a dynamic environment with significant responsibilities.

Qualifications

• 6-12 years of experience in Credit Risk and regulatory reporting.
• Functional experience with Moody's Fermat/Risk Authority.
• Good understanding of financial and capital markets.

Responsibilities

• Act as a business solution owner for projects' target state.
• Document detailed requirements in BRDs and obtain sign off.
• Support analysis of new data sourcing for ETL design.

Skills

Credit Risk experience

Functional experience with Moody's Fermat

Understanding of financial markets

Knowledge of Basel Capital regulations

Expertise in SQL

Experience with both waterfall & agile methodologies

Data analysis skills

Strong communication skills

Tools

SQL

Oracle tools

Job description

Project description

The Business Analyst will work with Moody's Credit Risk team of UK Based Investement Bank and work collaboratively with Country Finance, Treasury, Group Liquidity Regulatory reporting and BAU teams to understand requirements and articulate them within the Business and data requirements document

Responsibilities

• To act as a business solution owner of the projects' target state and support analysis included in relevant concept and methodology papers required for preparation of BRDs
• To be accountable for ensuring that detailed requirements are documented in BRDs, and are duly signed off by relevant stakeholders
• To ensure that the new solutions comply with internal procedures / external regulatory guidelines and project deliverables are properly understood by business stakeholders, project team, and end-users.
• Analysis of new data sourcing to support ETL design and development
• Elicitation of data requirements and documentation of data mapping specifications for Funds Transfer Pricing (FTP) computation
• Analysis and fixing of data quality issues
• Validate all downstream data extracts
• To validate that the strategic system architecture proposed by Technology is fit for its business purpose and is in line with the agreed business target state
• To drive prioritization taking into consideration business benefits, delivery timelines, system performance etc.
• To centrally coordinate system interfaces/dependencies/change releases for the Treasury and Liquidity Reporting work streams and ensure alignment across all centres
• Test planning, coordinate testing, validate test results and obtain sign off from stakeholders
• To support the development of testing packs with predefined results sets
• To review test cases ensuring completeness of UAT coverage
• To monitor any gaps / defects identified, and work with Technology counterparts to track progress and ensure resolution

SKILLS

• 6-12 years of functional experience in Credit Risk, Capital risk, regulatory reporting change Management roles
• Functional experience with Moody's Fermat/Risk Authority risk calculation and reporting engine
• Good understanding of financial & capital markets domain with sound knowledge of products like equities, fixed income, derivatives, forex etc.
• Knowledge of Basel Capital regulations and good understanding of financial risk
• Expertise in SQL and Oracle tools.
• Experience with both waterfall & agile methodologies
• Experience in analysing data to draw business-relevant conclusions and in data visualization techniques and tools
• Strong communication and stakeholder management skills

Nice to have