Job Description:
We are looking for a strong Market Risk Business Analyst / SME with deep expertise in VaR and hands-on market risk system implementation experience. The candidate will work closely with business users, risk teams, and technology teams to support regulatory and strategic market risk initiatives.
Key Responsibilities:
- Work on implementation and enhancement of market risk systems.
- Provide SME support on VaR and other market risk methodologies.
- Support regulatory-driven market risk programs.
- Work closely with business users, project managers, and team leads.
- Translate business and regulatory requirements into system solutions.
- Support testing, validation, and production rollout activities.
- Communicate technical topics clearly to both technical and non-technical stakeholders.
Key Requirements:
- In-depth understanding of VaR with at least 5-8 years of hands-on implementation experience.
- Good understanding of key market risk concepts such as Expected Shortfall, Stressed VaR, Stress Testing, and Scenario Analysis.
- Functional knowledge of financial products and valuation methodologies across asset classes such as vanilla IRS, CCS, FX Forwards, etc.
- Exposure to and understanding of regulatory regimes including Basel II, Basel 2.5, Basel III, and FRTB related to market risk.
- Strong technical knowledge of market risk system implementation. Exposure to platforms such as Murex, Calypso, Finastra, etc. is an advantage.
- Strong and effective communication skills in handling stakeholders such as business users, project managers, and team leads.
- Ability to clearly explain technical topics to non-technical stakeholders.
Skills:
- Murex Risk Module
- Market Risk Systems
- VaR Implementation
- Regulatory Reporting
- Stakeholder Management
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