Associate Vice President - Business Analyst - Market Risk/Risk Management Division

We are hiring for a Risk Management - Business Analyst (Market Risk) - (AVP) role

Location: Powai, Mumbai

Experience: 8-11 years

Role Overview :

This role sits within the Risk Management division and focuses on driving Market Risk change initiatives. The position requires strong expertise in risk analytics combined with business analysis and project management capabilities to support regulatory and strategic transformation programs.

Key Responsibilities :

- Lead requirements gathering, documentation (BRD/FRD), and functional specifications for Market Risk projects

- Manage end-to-end project lifecycle including planning, execution, and stakeholder communication

- Drive User Acceptance Testing (UAT), test strategy, and implementation planning

- Collaborate with Risk, Technology, Front Office, and Operations teams

- Analyze risk data flows, calculation engines, and reporting frameworks

- Translate business requirements into technical solutions for risk platforms

Mandatory Skills:

- Strong Market Risk domain knowledge (VaR, Expected Shortfall, Risk Limits, Risk Reporting)

- Experience with Basel regulations (Basel II.5 / Basel III, FRTB)

- Proven experience as a Business Analyst within Risk or Risk Change projects

- Expertise in requirements gathering, BRD/FRD, data mapping, and workflow documentation

- Strong experience in UAT, test planning, and test execution

- Solid understanding of SDLC and project delivery (Agile/Waterfall)

- Strong stakeholder management across Risk and Technology teams

- Data analysis capabilities with exposure to SQL and/or Python

Educational Qualifications:

- MBA / FRM / CFA / CQF or equivalent

Ideal Candidate Profile :

- Experience in Market Risk transformation or regulatory change initiatives

- Exposure to risk systems, reporting platforms, and data architecture

- Ability to manage medium to large-scale projects independently

To apply, please reach out