Risk Business Analyst Job Description
Risk business analyst
provides trading desks with daily initial margin commentary across various asset classes (credit, commodities, equities, FX, and rates).
Risk Business Analyst Duties & Responsibilities
To write an effective risk business analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included risk business analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
40% - Effectively enable Group Risk Management Business to reach their strategic and transformational objectives
40% - Continually optimize technology and operations cost
Ability to review data, working with stakeholders to ensure accuracy, completeness, and timeliness
Ability to maintain close relationship with the data platform partners
Ability to interface and influence global teams
Assistance to EMG Risk Support and EMG Risk Dev teams with investigation of Production issues
Interacting with the in-house application teams of different lines of business to formulate their business needs on the application security and control and determine how their application can consume CT&R’s security products and service effectively, with the compliance of the applications' development lifecycle
Interacting with the security product engineers to define the functional requirement of the new product features to address the new business demands or customize the existing product features to well-fit the business user expectation
Offering programming support during integration and drive towards successful deployment to the production environment
Defining the operating procedures and conducting in-house training
Risk Business Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Business Analyst
List any licenses or certifications required by the position: FRM, PRM, CAMS, CFA, CFE, CISSP, CISA, PMP, CISM, RCSA
Education for Risk Business Analyst
Typically a job would require a certain level of education.
Employers hiring for the risk business 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 Risk Business Analyst
Desired skills for risk business analyst include:
Trade lifecycle
Financial products
Financial products across various asset classes
System testing and end-user maintenance
Credit
Curves
ETradepad
FI
FX Cash and Commodities
FXD
Desired experience for risk business analyst includes:
Previous work experience in Financial Institutions preferred
Fresh Graduates are welcomed to apply and will be considered as well
Business Analysis experience, project management and testing experience would be advantageous
System implementation/ projects and testing
Proficiency in MS Excel (VBA will be a plus)
Preferably been through at least one regulatory audit
Risk Business Analyst Examples
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Risk Business Analyst Job Description
Job Description Example
Our company is hiring for a risk business analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk business analyst
- Have experience in Regulatory reporting for Credit Risk (preferably US Basel 3)
- Have experience with BOTH credit risk processes and reporting
- Have an outstanding understanding of credit risk applications
- Arranging sessions and clarifying requirements with development team
- Partner with the Business and/or Business Architecture to conduct problem analysis
- Investigate and analyze business situations and identify options for business improvement
- Perform a gap analysis between current and future states
- Assist in establishing priority and portfolio objectives leveraging business analysis expertise
- Understand the business context and the impacts of the proposed change to people, processes, organizational structure, policies, and technology
- Assess and communicate risks associated with the change and strategy to mitigate the risks
Qualifications for risk business analyst
- Familiarity with Non Profit Financial Services is highly preferred
- Heavy experience or understanding of Oracle SQL and multiple programming languages, systems, systems design and project management methodologies
- Familiarity with the Project Management or Software Development Life Cycle
- Track record of managing and developing high performing teams
- Highly motivated and independent personality – ability to motivate others
- First class problem-solving and data analysis skills (e.g., Excel, VBA, SQL)
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Risk Business Analyst Job Description
Job Description Example
Our company is looking for a risk business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk business analyst
- Works closely with Business Units including project sponsors to insure all requirements are well documented and agreed upon
- Works closely with the Application Development group to properly document functional business requirement specifications
- Major system implementations may require after hours’ support
- Develop and execute test plan (e.g., via analytics, review, detailed testing) to ensure identified risks are remediated
- Actively participate in key initiatives
- Act as the first line of contact to interface with Enterprise Risk business users and IT teams
- Develop knowledge and become subject matter expert resource, supporting development of business and application roadmap
- Provide significant contributions to the development, testing, implementation and enforcement of policies and procedures designed to minimize Card Brand, legal and/or other risk with the established guidelines of the Department and the company
- Lead in the creation and development of new fraud and risk detection models, plus continuous improvements to existing systems to increase efficiency and optimization
- Analyze and document business requirements, design solutions, business rules and data sources, and work with development and quality assurance teams throughout system implementation and delivery to ensure that the project is delivered on time and within budget
Qualifications for risk business analyst
- Familiarity with risk analytics and curve-building technologies
- Extensive experience of working with financial advisors
- Assist with project planning and walk through of project deliverables
- Expect to own deliverables and drive them end to end
- Prior experience with any of the Economic Capital and Regulatory Capital initiatives – Basel II, Basel III, Dodd Frank, FBO and Volcker Rules is an asset
- Ability to effectively communicate detail at the level appropriate for the audience
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Risk Business Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk business 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 risk business analyst
- Monitor intraday market performance
- Correct issues as discovered or escalate to management for direction, while observing standards for accuracy and timeliness
- Answer questions from and support clearing members, participants in OCC administered regulatory programs and the general public
- Provide detailed explanation of OCC’s risk management framework to external parties and describe interaction with supported regulatory programs
- Conduct miscellaneous studies and analysis for senior management, including trend analysis for option mark prices received from pricing vendors and various risk analytics
- Support system development from a business user perspective by coordinating with multiple departments
- Monitor equity, currency, commodity and treasury markets for excessive volatility and special situations that may impact OCC’s and/or clearing member’s financial resources
- Develop and maintain written procedures for Pricing and Margins departmental processes
- Build and maintain current, detailed knowledge of anti-money laundering, anti-terrorist financing and economic sanctions matters including risk drivers and typologies, requirements and best practices related to the risk assessment process
- Support the Senior Manager by updating methodology, questionnaires and standards for execution of enterprise wide AML and Economic Sanctions risk and control assessments
Qualifications for risk business analyst
- Understanding of regulatory landscape for Technology (SOX, FINRA, SEC reviews)
- Experience working closely with regional and off shore teams
- Significant previous experience in Operational Risk, and of Operational Risk Framework
- Experience in Risk Control Self Assessment methodologies
- Fully fledged in all aspect of Business Analysis lifecycle (including BRD writing, FRD writing)
- Effective stakeholder management at various levels
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Risk Business Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of risk business 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 risk business analyst
- Providing support to AEBC CCO for effective and comprehensive functioning of AEBC Credit Policy Committee (CPC)
- Liaising with credit signatories to resolve queries
- Driving fundamental innovation in credit bureau data
- Generate credit bureau data products for new accounts and customer risk management
- Work with multiple stakeholders, including other Risk Management partners, Operations, Technologies, , Compliance, Legal, Global Credit Administration (Operations), Customer Experience and Finance
- Dive into complex multiple stakeholder and system challenges and solve for multiple term solutions in co-ordination with the food safety risk factors agreed with the team
- Support cross-functional teams on the day-to-day execution of projects and initiatives with data
- Once evaluations are complete, necessary actions have been taken, staff will continue to monitor control compliance and prevalent risk environment to ensure that exposures are kept at acceptable levels
- Liaising with clients for the collection of their financial information
- Developing understanding of clients businesses
Qualifications for risk business analyst
- Use Case – for documenting system processes
- Business Rules – for business decisions, logic, calculations
- Data – for business information
- User Interface – such as screens and reports
- Non Functional requirements – quality of service characteristics such performance, etc
- Assist in developing Project Agreement, Business Case
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Risk Business Analyst Job Description
Job Description Example
Our growing company is hiring for a risk business analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk business analyst
- Deliver Solutions – Implement global technologies and services to meet long term HR business needs
- Implementation - Coordinate the rollout of new tools and systems including delivery of standard operating procedures, workflow diagrams, training materials and post-launch support resources
- Measurement - Develop measures to define progress and success
- Use information gleaned from reports to profile the risk in the portfolio(s) and prepare reports to identify areas of concern for the bank
- Factor market changes and trends into the analysis to identify existing risk and potential future exposure in these portfolios
- Understanding of the flow & overall business in investment banking
- Ensuring users of the system receive the agreed level of service
- The Business Risk Control Analyst will work closely in support of the MLWM COO Risk Executive
- Support the identification and implementations of a data-driven, consistent process of surveillance and supervision for branch activities, with a particular emphasis on sales practices
- Collaborate with senior leaders to develop robust actionable metrics, alerts, and reporting to monitor sales practice risk
Qualifications for risk business analyst
- Authoring business requirement documents and help manage the delivery of various projects
- Liaising with respective Offshore teams to get various projects delivered
- Experience of writing Business Requriements and managing change delivery
- A strong understanding of data quality issues, and experience in projects aimed at improving data quality
- Analytical mindset- the ablitity to take multiple priorities into account
- Experience in projects involving implementation of new-build systems/application architecture