Associate Business Analyst, Market Risk.
This mandate is run by SYMPHONI HR, a Mumbai-based executive search firm, est. 2003. Applications are email-verified and reach the search team running the role — confidentially, always.
About the organisation.
Our client is a leading global financial services group with an integrated global network. They connect markets East & West, servicing the needs of individuals, institutions, corporates, and governments through diverse business divisions. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. They are committed to creating an inclusive workplace and have received recognition for their efforts in this area.
About the role.
This role is for a Business Analyst within the Risk Management Division, focusing on Market Risk. You will be responsible for requirements gathering, testing, and documentation for regulatory compliance and transformational risk management initiatives. The position involves analyzing complex risk data flows, calculation engines, and reporting processes to identify gaps and architect robust solutions. You will also drive cross-functional collaboration and translate business requirements into technical specifications for risk platforms.
What you will do.
- Gather, test, and document requirements for regulatory compliance and transformational risk management initiatives.
- Analyze complex risk data flows, calculation engines, and reporting processes to identify gaps and architect robust solutions.
- Execute projects in adherence with governance standards, delivering well-defined business outcomes.
- Collaborate cross-functionally with Risk, Technology, Operations, and Compliance teams for requirement gathering.
- Translate business requirements into technical specifications for risk platforms and coordinate system integrations.
- Maintain cutting-edge regulatory knowledge, conduct industry benchmarking, and drive continuous improvement.
- Manage medium to large projects through the lifecycle, preparing comprehensive business analysis documents.
- Run test management processes, including Test Strategy/Approach documentation and User Acceptance Testing.
- Plan project delivery milestones and prepare project reports, highlighting risks, issues, and mitigation steps.
- Assist stakeholder businesses with tactical/strategic solution requirements, services, and programs.
What you bring.
- 5–8 years of relevant experience in the Risk domain, particularly Market Risk.
- Strong understanding of capital market products and derivatives across asset classes.
- Good knowledge of Market Risk domain with project experience in risk measures (VaR, IRC, ES) and risk reporting.
- Skilled in performing data analysis and understanding data models for risk measure computation.
- Good understanding of Basel norms, especially FRTB and Basel 2.5 standards.
- Ability to operate in both Agile and Waterfall project methodologies.
- Experience in the full E2E systems delivery lifecycle (SDLC).
- Proficiency in database, virtualization, and BI solutions such as SQL, Python, Dremio, PowerBI, Alteryx, and Tableau.
- Excellent communication, organization, prioritization, and documentation skills.
- Detailed knowledge of Microsoft Office products (Word, Excel, PowerPoint, Project, Visio).
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