Market Risk Business Analyst / Project Manager

Grow your career with an innovative global bank as a Business Analyst / Project Manager with strong Market Risk experience in Jersey City, NJ. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 12 Months

Required Skills & Experience

• 12 years of experience as a lead Business Analyst in the financial services industry.
• In-depth knowledge of Market Risk concepts such as Stress Testing, Value at Risk (VaR), capital calculation.
• Ability to understand risk models and statistical concepts and interact with developers as partners to drive improvements in Stress Testing, Value at Risk (VaR), and capital calculations.
• Excellent analytical, technical, and/or statistical skills with proven ability to translate large volumes of data.
• Advanced skills in Excel, SQL, and data management.
• Experience in managing risks holistically, covering areas such as systems, data, models, controls, governance, and analytics.
• Self-motivated, results-oriented, with the ability to function effectively with multiple deadlines and work within a team environment.
• Excellent people and relationship management skills with the ability to influence others and foster a sense of collaboration.
• Ability in strategic thinking and the ability to frame business problems
• Strong communication and interpersonal skills.

Desired Skills & Experience

• Master's degree preferred
• Industry qualifications such as CFA, FRM will be a plus
• Knowledge of additional programming languages a plus.

What You Will Be Doing

• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders including product enhancements; Initiative areas can include intake, requirements, design, development, testing, simulation, signoffs, production, and post-implementation activities.
• Identify business requirements arising from Risk Managers or related teams and for correct implementation in the Market Risk Technology infrastructure.
• Elicit, validate, and document systems requirements in either business requirement documents or user and feature stories depending on the systems development life cycle in use by the development teams.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Provide business analysis documents describing functionalities, risk methodologies, infrastructure aspects, business workflows, and operating models.
• Provides input into the planning and implementation of ongoing operational programs in support of the risk systems management.
• Leads/participates in the design, implementation, and management of core business/group processes.
• Cover current and target state analysis, define testcases and success criteria.
• Support the Testing Strategy and input into the coverage of Test scenarios and conditions ensuring all requirements in scope are tested.
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
• Create key management presentations for various audiences that articulates the strategic initiatives and accomplishments.
• Build strong relations with various partner groups and stakeholders, including Market Risk Managers, Risk Control, Risk Reporting, Technology, etc.
• Influence or convince stakeholders to achieve outcomes.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.