AVP - Business Analyst - Market Risk Domain - BFS

Role: Market Risk Engines Business Analyst Incumbent: tbc

Purpose: BA of one or more major projects within Traded Risk with specific focus on Traded Market Risk.

To work with and support the key sponsors in Traded Risk and Risk Software Delivery to develop the business and system strategy to support the strategic direction of Traded Credit Risk and identify synergies with Market Risk.

The Risk Engines Programme covers the risk-owned strategic market and traded credit risk components with projects that span

- Regulatory initiatives,

- Strategic engineering/architecture initiatives

- Regional/Global traded risk driven initiatives

- scheduled PPCRs

Responsibilities: - Core responsibilities include :-

- Successful delivery of Traded Risk Engines projects covering credit risk calculations

- Ensuring that projects are delivered in line with Traded Risk expectations and global operating model. Balancing requirements, time to market and cost/benefits.

- Ensuring that business and IT resources are co-ordinated during project life cycles.

- Review, report, resolve, mitigate and escalate project risks and issues as appropriate.

- Maintain strong communications among and between team members and programme stakeholders.

- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

- Adhere to company's Internal Control Standards, the timely implementation of internal and external audit points together with any issues raised by external regulators.

- Be aware of the Operational Risk scenario associated with your role and act in a manner that takes account of operational risk considerations.

Qualifications and Experience - Strong end to end Business Analyst Experience.

- Experience delivering regulatory projects including CRD IV

- In depth knowledge of large, global system infrastructure projects within either a business change or an IT capacity and good understanding of Information Technology trends, vendors and infrastructure.

- Experience introducing and implementing Project Management processes and standards.

- Demonstrated problem solving and analytical abilities including the ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details and apply sound business and technical domain knowledge.

- Excellent interpersonal, verbal and written communication skills.

- Demonstrated ability to multi-task and work independently, as well as work collaboratively with other teams, some of which may be geographically distributed.

- Proven and demonstrable track record managing and delivering projects in financial services - preferable Investment banking and Risk. Minimum of 4 years as a project manager

- The candidate will be ideally educated to degree level in a numerate subject.

- Have an in depth understanding of those factors affecting credit risk management, its systems, processes and functions. This includes;

- Global Markets infrastructure, including trading systems and deal flows;

- End to end processes relating to trade booking, risk, Finance and Product Control;

- Trade events and how they affect credit risk;

- Credit Risk measures (e.g PD/LGD/EEPE/EE/OEM/CEM). & methodology (e.g. PFE/VaR/CVA VaR)

- Credit Risk business processes

- CRD IV Implementation experience

- A good understanding of the core project management activities and including those defined under PMI and Prince.

- Experience using Clarity and Workbench, MQC.

Style and team fit - Team player with strong interpersonal and stakeholder management skills.

- Excellent English communication skills (verbal and written) - the ability to communicate efficiently at a global level is paramount.

- Focused and delivery-driven with ability to meet tight deadlines, multi-task and prioritise appropriately in a fast moving and often evolving environment.

- Pragmatic decision making capability.

- Hands on approach required and willingness to take personal accountability.