An established IT consulting firm is seeking an experienced Bilingual Senior Business Analyst specializing in Counterparty Credit Risk to support strategic technology initiatives for a major global financial institution.
The successful candidate will collaborate with Risk Management, Risk Analytics, Technology, and other business stakeholders to deliver enhancements to credit risk systems, data management processes, and analytical capabilities.
Key Responsibilities
- Work closely with Exposure Management, Counterparty Risk Management, Risk Analytics, and Model Validation teams to gather and document business requirements.
- Lead business analysis activities throughout the project lifecycle for Counterparty Credit Risk technology initiatives.
- Develop detailed business requirements, functional specifications, and supporting documentation.
- Facilitate discussions between business stakeholders, software developers, and system architecture teams.
- Manage stakeholder expectations and coordinate resolution of complex business and technical issues.
- Design, execute, and review test cases and scripts during Unit Testing (UT), System Integration Testing (SIT), and User Acceptance Testing (UAT).
- Investigate production issues involving Present Value (PV), Expected Positive Exposure (EPE), Potential Future Exposure (PFE), and related credit risk calculations.
- Analyze exposure reports, back-testing results, and production data using SQL to identify data quality and processing issues.
- Coordinate with global technology and business teams to support system enhancements and project delivery.
- Ensure that technology solutions meet business requirements and established quality standards.
Required Qualifications
- Minimum 10 years of Business Analysis experience within the Credit Risk domain.
- Professional proficiency in both Japanese and English, including verbal and written communication.
- Strong understanding of derivatives products and their lifecycle events, including Options, Futures, Forwards, and Swaps.
- In-depth knowledge of Counterparty Credit Risk concepts, including:
- Present Value (PV)
- Expected Positive Exposure (EPE)
- Potential Future Exposure (PFE)
- Credit Support Annex (CSA)
- Collateral Management, including Initial Margin (IM) and Variation Margin (VM)
- Market Data and Basel III regulatory requirements
- Experience working in Agile development environments, including Scrum and Kanban.
- Proficiency with JIRA and Confluence.
- Strong SQL and relational database skills, with experience analyzing complex financial datasets.
- Solid understanding of SDLC processes and software testing methodologies.
- Strong analytical, problem-solving, and stakeholder management capabilities.
- Ability to manage multiple priorities and work independently in a fast-paced environment.
- Bachelor’s degree in Computer Science, Finance, or a related field.
Preferred Qualifications
- Experience with Microsoft SQL Server and Databricks.
- Familiarity with SQL Stored Procedures and Python.
- Experience supporting global credit risk technology initiatives.
- Strong understanding of risk analytics, exposure calculations, and financial data management.
Additional Information
- Hybrid work arrangement requiring onsite attendance several days per week in New York City.
- Collaboration with international business and technology teams.
