Business Analyst / Risk Analyst Job Description
Business analyst / risk analyst
provides support to Director Financial Risk Management in the area of FX and Commodity Price Risk Management.
Business Analyst / Risk Analyst Duties & Responsibilities
To write an effective business analyst / risk analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included business analyst / risk analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Thorough data analysis of new / enhanced credit data sources
Managing the clients for regular communication and periodic product update
Writing detailed application level and multi-application E2E test cases for the stress initiatives and executing them
Holding weekly meetings with the project stakeholders to track the status and provide updates
Works collaboratively with business partners in Risk Management for new initiatives (small to large of varying complexity)
Participates in requirements gathering in conjunction with business team
Leads detailed analysis and design phases identifying, tracking, escalating and/or resolving business systems issues
Assess, research, analyze and document sponsor/stakeholder needs in accordance with Project Life Cycle and SDLC deliverables by incorporating reporting tools and requirements
Responsible for driving the completion of the Application Risk Classifications (ARC) and Application Control Assessments (ACA) annually
Ensure SSAP Scanning (Static, Dynamic, Black Duck, PenTest) for security vulnerabilities is performed early in the lifecycle
Business Analyst / Risk Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Business Analyst / Risk Analyst
List any licenses or certifications required by the position: FRM, PRM, CAMS, CFA, CFE, CISSP, CISA, PMP, CISM, RCSA
Education for Business Analyst / Risk Analyst
Typically a job would require a certain level of education.
Employers hiring for the business analyst / risk analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Economics, Finance, Business, Statistics, Engineering, Computer Science, Mathematics, Management, Education, MBA
Skills for Business Analyst / Risk Analyst
Desired skills for business analyst / risk analyst include:
Trade lifecycle
Financial products across various asset classes
SQL
Options
Financial products
System testing and end-user maintenance
Excel
Risk management principles and risk measurement methodologies
ETL tools and databases
FXD
Desired experience for business analyst / risk analyst includes:
Participate in the design and execution of strategic projects
Maintenance and ongoing monitoring of committee adherence to firm-wide and AM-specific guidelines covering charters, membership, agendas
The individual will need to be proactive and action oriented with strong analytical skills and a proven ability for problem solving
Broad understanding of Asset Management support functions
Excellent desktop application skills
A solid understanding of regulatory/self-regulatory agencies (e.g., FINRA, NYSE, FSA, CFTC) and the requirements of the Investment Advisers Act of 1940, the Investment Company Act of 1940, and the Securities Act of 1933
Business Analyst / Risk Analyst Examples
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Business Analyst / Risk Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a business analyst / risk analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for business analyst / risk analyst
- Develop and support the global MRM-MI Reporting tool and config new reports out of a new reporting environment using Excel add-in accessing Active Pivot cubes and Oracle database
- It would be advantageous to have experience with SAS based programming language
- Contribute to Wholesale Credit Risk Data Dictionary build-out
- Ensure requirements quality and consistency across projects, through program requirements governance
- Conduct coverage analysis and impact analysis between program and projects requirements to enable effective change management
- Support and manage the realization of business benefits of the solution
- Support the product teams in the locations in Asia in Singapore in increasing the automation of tasks in order to enhance efficiency control
- Engaging stakeholders to formulate and document business requirements
- Working with technology to deliver functional requirements
- Managing testing cycles including development of UAT test cases, ensuring successful delivery of change
Qualifications for business analyst / risk analyst
- GRC experience
- Proficiency in using risk management tools and frameworks an added advantage
- Following review of end to end process to document Producer Consumer Agreements in line with BCBS 239 requirements outlining key factors including data quality, data transfer, reconciliations and timeliness of various hand-off processes
- Must have strong technical skills relating to Finance and Financial Risk
- Knowledge of Liquidity Risk, Market Risk and/or Capital Risk
- 6+ years Business analysis experience with an investment bank, consultancy or trading operation
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Business Analyst / Risk Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of business analyst / risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for business analyst / risk analyst
- Become subject matter expert resource and ensure that new solutions address business needs, while ensuring system alignment with application roadmaps
- Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to create a clear understanding, and distinguish user requests from underlying true needs
- Employ Interative and Agile methodologies Continuous Integration and Continuous Deployment to improve overall execution speed and product quality
- Collaborate across application development and other technology teams within IT to ensure that business requirements are fully understood
- Conduct data analysis in support of applications and projects, participate and assist with testing, configuration/release management, deployment, and post implementation verification
- Help identify risks, assumptions and constraints for deliverables, and communicate to appropriate parties
- Monitor performance of key initiatives and provide regular updates to senior management
- Perform competitive analyses and benchmarking to improve our understanding of key competitor strategies
- Develop deep-dive portfolio diagnostics analysis to identify new yield management improvement opportunities and actively drive the new strategy to implementation
- Support lending growth initiatives across multiple dimensions spanning pricing, line and cash management
Qualifications for business analyst / risk analyst
- Ability to break problems into well-defined logical and manageable tasks
- Highly motivated, takes initiative and is enthusiastic
- Ability to effectively manage multiple pieces of work concurrently
- At least 3-5 years business and/or technology experiences, preferably with business resiliency background in a banking environment
- Experience partnering with clients to deliver benefits to the business
- Able to demonstrate leadership, practical approach and ability to influence and negotiate with others
3
Business Analyst / Risk Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of business analyst / risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for business analyst / risk analyst
- Maintain and keep the listing of Business Units to be risk assessed up to date
- Provide support with key stakeholders (Platform Anti-Money Laundering Officers, Money Laundering Reporting Officers, ) through the risk assessment process
- Communicate with key stakeholders with respect to updates to the risk assessment process and methodology
- Maintain current listing of Products per Business Units
- Liaise with local Money Laundering Reporting Officers to assist with the execution of the risk assessments
- To consult with all stakeholders to create clear, concise, implementable solutions to business problems
- To work with stakeholders and developers to ensure that requirements are captured and documented in such a way that they are easily consumable by developers
- Responsible for analyzing and documenting user requirements
- To work closely with developers to ensure any ambiguities in requirements are resolved
- To work on functional production support with the stakeholders
Qualifications for business analyst / risk analyst
- Business Analyst responsible for delivering Market and Credit Risk and Regulatory Projects (BCBS 239, CCAR, FDSF)
- Understanding and experience in calculation and application of VaR and other market risk capital methodologies
- Enthusiastic, positive “can-do” attitude
- Business Context Diagram (BCD)
- Business Process Mapping techniques (BPM) – for documenting end-to-end business processes
- Business Implementation Requirements (BIR)- for capturing training, communication, user guides/documentation, marketing, requirements
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Business Analyst / Risk Analyst Job Description
Job Description Example
Our company is hiring for a business analyst / risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for business analyst / risk analyst
- Create, run, and modify monthly, weekly, and ad hoc reports using available credit applications
- Provide Credit Risk management with all analyzed data for further review and evaluation
- Monitor various credit databases to ensure high data quality
- Participate in upgrades/modifications to credit software applications, implementation of new applications
- Contribute to reconfiguration and development of existing software to accommodate the needs of the credit area of the bank
- Identify ways to maximize technology to improve efficiencies in the credit area and maximize the bank’s return on investment
- Providing clients with feedback on their financial performance
- Analysis of qualitative & quantitative information
- Contributing to team performance and operational excellence through mentoring, promoting quality standards, innovation, knowledge sharing, content creation, best practices
- Work with various stakeholders to manage and maintain other key risk based information (e.g., risk registers, audit reports )
Qualifications for business analyst / risk analyst
- Assist in developing evaluation criteria of 3rd party vendors and support RFI/RFP processes
- Manage requirements using traceability to ensure scope coverage and completeness
- Manage requirements changes following PMF/SDLC change request process
- Related work experience – 5 or more years experience as a Business Analyst or an equivalent, delivering requirements in a project/program environment
- Minimum 4 years experience working as a Business Analyst is required
- Be comfortable presenting scope interpretation and requirementsto Business, Business Change and IT teams
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Business Analyst / Risk Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of business analyst / risk analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for business analyst / risk analyst
- Participating in other analytic work like benchmarking studies, aggregation of business line credit report and cross-product MIS reports
- Leverage advanced data analytics and machine learning techniques to identify risk patterns and trends and provide insights on the effectiveness of Supervision and Oversight programs and processes
- Leverage structured and unstructured data and “Big Data” analytics tools and platforms to provide insight into risk trends
- Partner closely with stakeholders across the bank to identify and optimize the ongoing risk reporting necessary to support first line accountability for sales practices and other key risk issues
- Produce Second Line of Defense analytics and metrics to supplement the First Line of Defense field supervision and oversight
- Support efforts in collaboration with First Line and Second Line of Defense groups to research, identify and implement workflow and real-time alerts capabilities
- Leverage data and analytics to inform and influence the line of business strategic planning team in long-term plan development around sales supervision
- Partner closely with other risk management teams to support Branch Quality Reviews, Compliance Reviews and other activities, providing data analytics as required
- Contribute to operational excellence by sharing knowledge, and adhering to quality standards and best practices
- Ongoing oversight of relationship data, including validating and auditing the accuracy of data
Qualifications for business analyst / risk analyst
- Interacting with the Credit Risk managers / Stake holders for requirement analysis and working with our global team to deliver the projects
- Experience with SAS, or similar analytics/reporting tools
- Work with multiple business lines within the IB and with Market Risk to analyse data flows and to gain and understanding of the existing technical architecture and operational workflows relating to Risk, P&L, VaR and Stress
- Database query tools SQL
- Experience with data warehouses is an advantage
- Minimum 7 years of Systems Analyst or Application Development work experience