Market Risk Business Analyst

1 month ago


Whippany, New Jersey, United States Barclays Full time
Job Title: Market Risk Business Analyst

About the Role:

We are seeking a highly skilled Market Risk Business Analyst to join our team at Barclays Services Corp. in Whippany, New Jersey. As a Market Risk Business Analyst, you will play a critical role in identifying business requirements and developing solutions that address business problems and opportunities.

Key Responsibilities:

* Identify business requirements arising from Risk Managers, Trading, RIS or other related teams and ensure correct specification is implemented in the Market Risk domain.
* Cover current and target state business analysis, providing business analysis documents describing functionalities, risk methodologies, infrastructure aspects, business workflows, operating models, defining test cases and success criteria.
* Utilize understanding of regulatory or internal drivers such as FRTB, internal data governance, upstream changes, etc.
* Provide support to the Lead Business Analyst, defining analytical approach in line with the strategic vision, and business objectives methodology.
* Liaise with Risk Managers, Senior BA, Project Managers and Tech Leads to articulate complex problems.
* Ensure developers understand the precise requirements and review and validate test results, and understand Greeks, VaR and Stress Testing metrics to implement them in market risk application.
* Participate and perform analysis tasks in the design process coordinated by the Program Management team, from Design approval to functional design completion.
* Support the Testing Strategy and input into the coverage of Test scenarios and conditions ensuring all requirements in scope are tested.

Requirements:

* Strong understanding of market risk and regulatory requirements.
* Excellent analytical and problem-solving skills.
* Ability to communicate complex information effectively.
* Strong collaboration and influencing skills.
* Experience with business analysis methodologies and tools.

What We Offer:

* Competitive salary and benefits package.
* Opportunity to work with a leading financial institution.
* Collaborative and dynamic work environment.

How to Apply:

Apply now to join our team and take the first step towards a rewarding career in market risk business analysis.
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