Business Analyst – Market Risk

Business Analyst – Market Risk

ProViso Consulting

Story Behind the Need:

• Business group: The XVA Technology team within the Derivatives Trading and Risk group ensure Value Adjustment for OCT derivative products have been accurately priced while ensuring Risk and Valuation precisely captured for traders, trade floor management, and risk groups.
• Project: The team is completing Phase II of the XVA project and have completed 80% onboarding of multiple derivative products within the bank, leveraging GPU from cloud for calculation. The focus is to analyze the trade and market data from the source systems and normalize them into the XVA engine.
• Reason for request: Project

Candidate Value Proposition:

• The successful candidate will have the opportunity to apply Risk and Valuation knowledge on OTC derivative products while using latest technologies to manage performance for complex XVA calculations (i.e. Angular, Redis, Elastic Search, Kafka, GPU) • The successful candidate will also work with traders, trade floor risk, cparty risk, market risk, product control and other various technology groups.

Typical Day in Role:

• Analyzing and pricing XVA calculations from multiple trading platforms to evaluate the impacts to onboard additional OTC Derivative products
• Working with key stakeholders within all business functions to align technology solutions with business strategies
• Gathering requirements from business units and translates those to programmers and developers
• Preparing cost-benefit and return-on-investment analyses to aid in decisions on system implementation
• Demonstrating an informed knowledge of business functions to resolve problems and capitalize on improvement opportunities
• Supporting one or more highly complex business processes
• Working on multiple projects as a project team member
• Serves as a liaison between the business community and the IT organization in order to provide technical solutions to meet user needs

Candidate Requirements/Must Have Skills:

• 5 + years’ experience as a Business Analyst managing Derivative products (specifically Commodities, Equities and Energy)
• 5 + years’ experience managing Risk, P&L or Market Risk within the Capital Markets Industry
• Strong derivative product knowledge relating to product features, valuation, and risk calculation
• Strong communication skills to clearly articulate business requirements to technical teams – will have the opportunity work with senior stakeholders, traders, and business units

Nice-To-Have Skills:

• Previous XVA experience is a plus and will be prioritized
• Experience programming with Python or any Scripting language (Shell, Korn)
• Previous working experience on risk and valuation relating to commodity, FX, Equity, or TRS
• CFA / FRM certifications are a plus

Degrees or certifications:

• Bachelor’s degree in a technical field such as Math, Finance, Computer science, Computer engineering or related field required

Job Details



6 Months



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