Business Analyst – Market Risk

Job Description

  • Contractor
  • Anywhere

Are you an experienced Business Analyst with a strong understanding of Market Risk data flows? Apply Now!

Working with one of our top financial clients, this role calls for a Business Analyst – Market Risk. This position involves supporting a strategic Market Risk Data Quality and Controls initiative focused on identifying, documenting, evaluating, and remediating filtering logic and manual adjustments used within Market Risk calculations and processes. The goal is to improve risk capture, reduce manual interventions, enhance data quality, and address issues at their source.

Responsibilities

Partner with stakeholders across Risk Management, Middle Office, Finance, and Technology to identify and prioritize data quality and control issues.
Analyze current business processes, data flows, filtering logic, and manual adjustments to find root causes and opportunities for improvement.
Facilitate workshops to define, evaluate, and align on remediation strategies and future state solutions.
Elicit, document, and manage business requirements, process maps, and solution options.
Collaborate with technology teams to translate requirements into implementable solutions, supporting testing and deployment.
Help establish governance frameworks, ownership models, and ongoing review processes to sustain data quality and control improvements.
Investigate upstream data sources and processes, identifying opportunities for automation and remediation.
Produce detailed business documentation to support process improvements and control frameworks.
Desired Skill-Set

5+ years of Business Analysis experience within Capital Markets Risk Management, Market Risk, Finance, Middle Office, or Risk Technology.
Strong analytical, problem-solving, and root cause analysis skills.
Intermediate SQL skills, including querying relational databases, understanding data lineage, and validating datasets.
Proven experience in requirements gathering, process mapping, stakeholder engagement, and workshop facilitation.
Knowledge of Market Risk concepts, data remediation, controls frameworks, and process improvement initiatives.
Excellent communication and stakeholder management skills, with the ability to influence multiple business groups.
Self-starter capable of managing ambiguity and multiple priorities independently.
Nice to Have

Experience with upstream data quality issues and regulatory initiatives.
Familiarity with trading and risk systems, data lineage, and data flow analysis.
Working knowledge of stored procedures.
Previous exposure to governance frameworks and ownership models within risk environments.