Job Description:

The LIBOR Transition program is a front office funded project and there is global industry-wide consensus to move away from referencing LIBOR rates by the end of 2021 and to adopt a new suite of risk free rate curves (RFRs) and associated products from 2019 to 2021

The Counterparty Credit Risk (CCR) change programme is seeking to improve accuracy, transparency and consistency in the measurement and management of CCR credit risk models The candidate may work on one or multiple projects These projects will be selected according to stakeholder priorities The project will support various program within the bank LIBOR program, Front Office, Regulatory, IMM, FRTB/Basel III and BREXIT Program and aims to deliver global, common operating model underpinned by a common, global systems infrastructure

The objective is to build a new strategic platforms that will provide more robust, scalable and maintainable applications for risk and capital calculation and aggregation, supporting key business strategies and reducing cost of system ownership The aim is to introduce wide range of initiatives to enhance Credit and Counterparty Credit Risk Management by equipping risk solutions of models and infrastructure to enable better risk practices with more accurate risk measurements and to align Credit and CCR Management with current regulatory requirements

As part of LIBOR Transition program, we are looking for senior business analyst with experience of working on traded risk projects

Counterparty Credit Risk (CCR) Senior BA with experience of working in traded risk projects

To provide business analysis skills to document the business deliverables for Traded Risk

To have knowledge of credit risk measures such as RWA, PFE, EEPE, IMM, CVA VAR etc

To work independently without too much supervision or guidance from PM / Senior BAs in the global teams

The role will involve working with a Global Risk Transformation Credit Risk Engines team, and the candidate should have knowledge of all asset classes including rates, fx, credit and equities products

To work under Agile project framework and use of ALM JIRA software for writing Epics/stories

To support End to End Test execution and demonstrate proficiency in software testing, stakeholder management

To write test cases, test defect management, good documentation standards under Agile with test evidence and audited sign offs

To support project management responsibilities from time to time in the preparation of project status reports, identifying risks and issues, helping to prepare monthly reporting packs

To investigate business queries / problems in relation to trade / static data feeds

Counterparty credit risk and collateral Management practices including understanding of simulation, pricing, aggregation and understanding of ISDA documentation
Understanding of those factors affecting credit risk management, its systems, processes and functions Including Global Markets infrastructure, including trading systems and deal flows;
End to end processes relating to trade booking, risk, Finance and Product Control;
Trade events and how they affect credit risk;
Credit Risk measures (eg PD/LGD/EEPE/EE/OEM/CEM) & methodology (eg PFE/VaR/CVA VaR)
Credit Risk business processes
Regulatory framework for Central Clearing Counterparties, BCBS Margining requirement on unclear derivatives and Risk Based Margining
Proven and demonstrable track record in risk business analysis and project delivery
Business analysis experience
Strong problem solving skills, data analysis, use of MS Office, Visio and basic knowledge of SQL
Hands on experience of software and systems testing
Attention to details and investigative skills
Good knowledge and experience of traded credit risk management gained through project implementation or systems development in an IT or change delivery function
Good understanding of the core project management activities and process, including those defined under PMI and Prince
Good knowledge of and experience of MS project and PMO tools such as Open Work Bench or similar tools for project management support, planning, risks and issues tracking
Confidence in communication internally at all levels; candidate will be dealing with Front Office, Middle office, Traded Risk management, Poduct Control, Quants and Technology teams on a daily baisis who are both business and technically sophisticated
Excellent written, verbal and presentation communication skills including extensive experience of interaction with senior management
Experience in working with senior stakeholders
Release and UAT experience

Educational Requirements

The candidate will be ideally educated to degree level in a numerate subject
Knowledge of accounting and finance
Excellent English communication skills (verbal and written) - the ability to communicate efficiently at a global level is paramount

Personal Skill Requirements

Team player with strong interpersonal and stakeholder management skills
Focused and delivery-driven with ability to meet tight deadlines, multi-task and prioritise appropriately in a fast moving and often evolving environment
Pragmatic decision making capability Structured and disciplined approach with good attention to detail
Flexible with can-do attitude
Willingness to learn

Hands on approach required and willingness to take personal accountability

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Consulting Services
Functional Area : IT Software : Software Products & Services
Role : Quality Assurance/Testing
Salary : As per Industry Standards
Deadline : 16th Mar 2020

Key Skills:

Company Profile:

Capco Technologies Pvt Ltdarfix

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