About the job
This is an ambitious project critical to the Bank’s strategic pivot towards data-centric operations. It was initially created to satisfy regulatory requirements set out by the Basel Committee as part of their FRTB capital rules, but quickly became the central focus in the Bank’s push towards a more data-centric approach. It is based on Big Data technology, which allows horizontally-scalable management of data at and beyond the petabyte scale. Multiple functional applications leverage the data it makes available, including the FRTB SA process but also the official validated P&L process (economic and explain), Value at Risk calculations, etc.
You will liaise with IT business lines contacts for clarification and understanding of requirements. You will analyze functional impacts considering technical constraints with technical lead’s help and will prepare and present functional aspects of changes/ evolutions to developers. You will draft detailed functional specifications/ users stories for developers, in line with general specifications or list of requirements provided by project manager/ Business Analysts. You will support the technical development team in any functional aspects, and will organize and keep up to date detailed functional documentation.
You will be responsible for the functional testing of development, which includes developing tests strategy in coordination with project manager/ Business Analysts; conducting continuous testing in development environment for development monitoring; writing functional unit test cases and functional test cases for system verification; and following the user acceptance test and coordinating the prioritization with project manager. You will be involved in the support of application for functional incident by providing 2nd level support work on request escalated from level 1 and will reproduce, make first analysis and investigate verifying codification and data. You will also analyze and/or solve functional problems in coordination with developers.
- At least 6 years as a Business Analyst in an Investment Bank organization within the Market Risk department
- Technical experience to be comfortable with data models and SQL
- Hands-on experience as liaison function between the onshore IT business lines and offshore technical teams and as primary functional support for development team
- Thorough experience in functional testing and validation of development
- Market Risk knowledge (Pnl explanation, VaR and Stress VaR analysis is a must)
- General banking and finance understanding and knowledge
- Market data (Volatilities, Curves,…), Sensitivities
- Regulatory knowledge (including Basel III, Basel II, Basel I, SIMM, FRTB, CVA, …)
- Proficient in SQL, XML, HTML, UML
- Ability to convey clearly and concisely ideas in a concrete and coherent way
- Ability to easily communicate with multi-cultural team members
- Well versed in Project cycle methodology
- Strong technical skills in tests methodology
- Strong organizational skills
- Strong ability to analyze and summarize
- Self-sufficient and proactive in sourcing information
- Strong sense of confidentiality
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