Technical Business Analyst - Credit Risk

We're currently supporting an Investment Bank in their seach for a Senior Business Analyst for their Technology Innovation within Risk, focusing on driving strategic business analysis initiatives that enable technology transformation within the credit risk domain. The position will play a key part in shaping and delivering technology solutions that align with the organization’s risk management and innovation objectives across the EMEA region.

Key Responsibilities

• Support the technology transformation across the Risk department.
• Contribute to the design of target infrastructure changes linked to Credit Risk initiatives.
• Validate pricing and simulation models..
• Translate and align trade and market data fields from source trading systems.
• Demonstrate strong expertise in credit risk reporting frameworks and processes.
• Collaborate with business stakeholders to design solutions for end-of-day and intraday credit risk monitoring across the bank entity.
• Partner with technology project managers and risk system vendors to define delivery timelines and verify vendor package updates.
• Contribute to defining testing strategies and actively participate in test execution for new product developments.
• Work closely with Technology Risk, Risk Analytics, Market Risk, Credit Risk, and Front Office Solutions teams.

Desired Skills/Experience

• Quantitative background with familiarity in counterparty credit risk and PFE modelling.
• Experience working with vendor or proprietary pricing and risk engines such as FraimWRX or Murex.
• Strong business analysis experience across the full project lifecycle, including requirements gathering and documentation.
• Understanding of credit risk concepts including PFE, VaR, Expected Shortfall and CVA.
• Technical skills in SQL and Excel/VBA; exposure to Python, SAS, or Microsoft Power BI beneficial.
• Experience supporting testing and UAT processes.
• Knowledge of investment banking products, particularly Interest Rate, FX and Loans.
• Experience delivering credit risk solutions with multiple stakeholders across business and technology teams.

The role will pay up to £650/inside IR35, and requires 5 days on site.

We look forward to hearing from you!