Business Analyst - Risk Management

About the role

Nomura Services India’s Risk Management Division seeks a Business Analyst to support global risk frameworks and regulatory compliance initiatives. Based in Mumbai, the role involves gathering requirements, managing UAT, and analyzing complex risk data flows for Counterparty Credit Risk projects. The position operates on-site within the firm's disciplined entrepreneurship culture.

What you’ll do

• Gather business and functional requirements for risk management initiatives
• Analyze complex risk data flows and calculation engines to identify gaps
• Manage User Acceptance Testing processes including test plans and scenarios
• Translate business requirements into technical specifications for risk platforms
• Prepare business analysis documents such as BRDs and workflow diagrams
• Coordinate system integrations with cross-functional stakeholders
• Maintain regulatory knowledge and drive continuous improvement
• Monitor project delivery milestones and report status updates

What you’ll bring

• 5-8 years experience in Risk domain, specifically Counterparty Credit Risk
• Strong understanding of capital market products and derivatives
• Knowledge of Basel norms and CVA/Credit risk capital requirements
• Proficiency in SQL, Python, PowerBI, Alteryx, or Tableau
• Experience with User Acceptance Testing (UAT) and SDLC

Nice to have

• MBA, FRM, CFA, or CQF certification
• Experience in Agile and Waterfall project methodologies
• Ability to manage medium to large scale projects independently
• Excellent documentation and communication skills

Skills

Benefits

• Comprehensive wellbeing services
• Bespoke benefits supporting holistic family wellbeing
• Recognition as Top 10 Employer by IWEI

Education

MBA, FRM, CFA, CQF etc