Verified today
Senior Business Analyst – Counterparty Credit Risk (CCR)
About the role
Senior Business Analyst with CCR experience to support risk transformation and regulatory initiatives in global financial services. Works in Risk Change team, collaborating with risk, technology, and front office stakeholders to deliver projects on CCR exposure calculations, risk data platforms, regulatory change, and system transformations. Responsibilities include requirements gathering, documentation (BRDs, functional specs, process flows), data mapping, test planning, UAT coordination, data validation against risk models, and exposure calculations. Requires knowledge of PFE, EE/EEPE, PD, LGD, EAD, VaR, RWA, IMM modelling, Basel III, CBBS 239, FRTB. Strong business analysis, Agile/Waterfall, SQL, Excel, PowerPoint, Visio, Python. Preferred education: Finance/Engineering/Math/CS, FRM/CFA/PMP/CQF, MBA. 4-8 years experience.
What you’ll do
- Deliver CCR change initiatives
- Capture business & functional requirements
- Produce BRDs, functional specs, process flows
- Create data mapping artefacts & workflow diagrams
- Align docs with SDLC governance
- Conduct requirements workshops with risk SMEs
- Translate discussions into user & functional requirements
- Collaborate with Risk, Tech, Front Office teams
- Plan test strategy & write test cases
- Coordinate UAT cycles & track defects
- Validate data against risk models & business rules
- Analyze risk exposure calculations & datasets
What you’ll bring
- 4-8 years experience in Counterparty Credit Risk or derivatives risk environments
- Delivered risk change or regulatory programmes
- Worked with risk exposure calculations or risk data platforms
- Experience supporting UAT and data validation in banking projects
- Bachelor's degree in Finance, Engineering, Math, or CS
Nice to have
- SQL, Advanced Excel, PowerPoint, Visio, Python (data analysis/automation)
- Agile or Waterfall SDLC experience
- IMM modelling, derivatives exposure modelling, or stress testing frameworks
- Familiarity with Basel III, CBBS 239, FRTB regulatory frameworks
- FRM, CFA, PMP, or CQF certifications; MBA in Finance or Risk