Market Risk Specialist
3 weeks ago
We are hiring for a Big4 consulting firm in the Market Risk department.
Job Description:As a Business Analyst - Market Risk, you will be responsible for managing medium to large-scale projects through their lifecycle. This includes using business analysis tools proficiently, creating business requirement documents, functional specification documents, data matrices, and workflow diagrams.
You will also run test management processes for medium to large-scale projects, including test strategy and approach documentation, user acceptance testing, building test plans and scenarios, and implementation plans.
Your role will involve assisting stakeholder businesses with their tactical and strategic solution requirements, services, and programs. You must be able to work with Technology, Risk Management, Risk Middle Office, and Front Office teams to identify and maximize opportunities that help deliver projects and improve product, service, and program business processes.
You will prepare project reports, highlighting risks, resource utilization, trends, and recommending adjustments to address or capitalize on these changes.
Required Skills and Qualifications:- Strong understanding of capital market products and derivatives across asset classes
- Good knowledge of the Market Risk domain with project experience in areas like computation of risk measures (VaR, IRC, ES etc.), management of risk limits, and risk reporting
- Good understanding of the Basel norms, particularly FRTB and Basel 2.5 standards
- Ability to operate in both agile and waterfall style project methodologies
- Attention to detail and high quality standards of documentation, processes, and control environment
- Experience in the full E2E systems delivery lifecycle (SDLC)
- Detailed knowledge of all Microsoft Office products
- Proficiency in data analysis, virtualization, and BI solutions
This position offers a competitive salary of $100,000 per year, commensurate with experience, plus benefits and opportunities for career growth and development.
Location:The position is based in our offices in New York City, USA.
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