Demo

Senior IT Business Analyst

Algobrain
New York, NY Full Time
POSTED ON 2/9/2025
AVAILABLE BEFORE 5/9/2025

Job Description

Job Description

My client is seeking a highly skilled and experienced IT Business Analyst to join our dynamic Credit Risk technology team. As a Senior IT Business Analyst, candidate will play a crucial role in building and enhancing Credit Risk Regulatory Capital Calculations / applications.

Responsibilities :

  • Requirements Gathering : Collaborate with stakeholders, customers, and product owners to gather and document business requirements for financial products and applications.
  • Business Analysis : Analyze data, customer needs to inform / assist product development.
  • Solution Design : Develop and propose solutions, creating detailed business requirements documents (BRDs), use cases, and user stories.
  • Stakeholder Management : Communicate and manage expectations with stakeholders, including project managers, developers, QA engineers, and business leaders.
  • Requirements Validation : Validate requirements through prototyping, user acceptance testing (UAT), and feedback sessions.
  • Project Coordination : Assist project managers in planning, tracking, and delivering projects.
  • Testing and Quality Assurance : Participate in testing, identify defects, and collaborate on resolution.
  • Documentation : Maintain accurate records of requirements, design documents, and project artifacts.
  • Compliance : Ensure adherence to regulatory requirements, industry standards, and organizational policies.
  • Process Improvement : Identify opportunities for process enhancements and implement changes.

Requirements :

  • Education : Bachelor's / master’s degree in business administration, Finance, Computer Science, or related fields.
  • Experience : 10-15 years of experience in business analysis, financial products, or application development.
  • Domain Knowledge : Strong understanding of Credit Risk, Counterparty Credit Risk, Regulatory Capital calculations (CEM and SA-CCR), Basel 3 and Basel 3.1 regulations, FR Y-15 and FR Y-9C reporting, CCAR.
  • Analytical Skills : Excellent analytical, problem-solving, and critical thinking skills.
  • Communication : Effective communication, presentation, and interpersonal skills.
  • Technical Skills : Efficient in writing SQL queries. Familiarity with Agile methodologies, Jira, Visio, and requirements management tools.
  • Experience working in global delivery model (onshore / offshore / nearshore)
  • Certifications : Good to have Business Analysis certifications (CCBA, CBAP) or financial certifications (CFA, FRM).
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