Ba With Finance/Banking

Business Analyst – Market Data Service and Scenario Generation (MDSS2)

What is the opportunity?

This is an experienced business and data analyst under focused on supporting the Market Risk Technology Portfolio of Projects. The Projects support and seek to modernize several application and systems in the Market Risk/Counterparty Risk area.

These systems and applications include Market Data and Scenario Generation Services, a Risk Data Layer and cross-product Risk engines and Risk Ledgers. You will work on critical projects and support enhancements required to integrate data into existing/ongoing Internal Risk Management (IRM) implementations. You will handle business analysis aspects of the IT delivery with focus on delivering data and functional requirements documents, excel prototypes of data processing and providing walkthrough of the detailed business requirements to Dev and QA teams.

The role requires technical functional skills to support work on Analytical frameworks for efficient risk model integration and industrialization.

What will you do?

· Develop detailed understanding of current state including data feeds required for Risk Engines and Reporting

· Understand changes required in current state to support the future state including Internal Risk Management integration for Trading Book Modernization

· Mapping of newly standardized data feeds to data required for Market Risk engines reconciling and explaining variances in old and replacing risk measures

· Work closely with business users to understand business requirements and demo system functionality

· Prepare high level and detailed requirements specifications for the project in accordance with SDLC objectives

· Efficiently perform the day to day business analysis tasks including documentation of requirements, data analysis and UAT

· Work closely with development team to explain the requirements, validate the design assumptions for various business scenarios and testing

· Support QA team in creation of UAT test cases against business requirements

What do you need to succeed?

Must Have

• 10+ years previous work experience as a Business or Data Analyst, or in a technical/functional Role
• Understanding of financial Instruments including the various types - Rates Derivatives, Credit Derivatives, Equity Derivatives FX Options & FX Cash etc. and their valuation
• Experience working on projects related to pricing/risk and market data for Risk engines
• Modeling of different product types including Bonds, Equities, FX, Commodities, and Interest Rates etc. Enhancements required in IRM to onboard new product types and produce sensitivities (Delta, Vega, Gamma) and PnL vectors
• Strong knowledge of market risk management (Basel/FRTB, VaR, Greeks etc.) is essential
• Previous work with Market Data/Risk Factors sourcing and Scenario Generation, Time Series and Analytical Data bases

· Documentation skills – ability to succinctly articulate requirements, summarize data analysis and present to business users and development team

• Bachelor’s degree in Information Technology, Computer Science or Quantitative finance, Mathematics or related field
• Proficiency in the use of Python1, Linux, Hadoop, Hive, Spark and other big data technologies
• Strong data analysis skills are required including analyzing large data sets using SQL queries
• Experience building enterprise scale applications involving large data volumes and computations

Nice to Have

• Good understanding of Basel regulatory environment and its evolution and challenges

· Professional risk/finance certifications (e.g., FRM, PRM, CFA)

· Relevant FRTB SA & Internal Risk Management experience:

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• Opportunities to take on progressively greater accountabilities
• Opportunities to do challenging work
• Opportunities to build distributed systems using the latest big data frameworks for advanced analytics
• Work in a dynamic, collaborative, progressive, and high-performing team
• Ability to make a difference and lasting impact

Bharath Shaj

Next Level Business Services, Inc.

Talent Solutions | Digital Transformation | Data Analytics

Work: 904-833-3977 | WhatsApp: 904-833-3977 | Fax: (608) 646-8326

E-mail: [email protected] |WEB: www.nlbservices.com

ISO 27001 and 20000-1 Certified & Minority Business Enterprise (CMBE)