Business Analyst/ Market Data Service

Business Data Analyst

Toronto, Ontario (Onsite)

12+ Months

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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.

Responsibilities:

• 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
• Develop detailed understanding of current state including data feeds required for Risk Engines and Reporting
• Support QA team in creation of UAT test cases against business requirements
• Work closely with development team to explain the requirements, validate the design assumptions for various business scenarios and testing

Must Have

• Bachelor’s degree in Information Technology, Computer Science or Quantitative finance, Mathematics or related field
• Experience building enterprise scale applications involving large data volumes and computations
• Understanding of financial Instruments including the various types - Rates Derivatives, Credit Derivatives, Equity Derivatives, FX Options & FX Cash etc. and their valuation
• Documentation skills – ability to succinctly articulate requirements, summarize data analysis and present to business users and development team
• Strong knowledge of market risk management (Basel/FRTB, VaR, Greeks etc.) is essential
• 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 working on projects related to pricing/risk and market data for Risk engines
• Previous work with Market Data/Risk Factors sourcing and Scenario Generation, Time Series and Analytical Data bases
• 6+ years previous work experience as a Business or Data Analyst, or in a technical/functional Role

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