Demo

Business Analyst

PENNYCODER
New York, NY Contractor
POSTED ON 2/7/2025
AVAILABLE BEFORE 4/5/2025
New York / New Jersy

Tampa, FL

Buffalo, NY

Experience Required 8-10 Years

Work Type: Onsite

Immediate Joiners

Key Responsibilities

  • Business Requirements Documentation:
  • Elicit, analyze, and document detailed business requirements for Market Risk technology solutions.
  • Collaborate with Market Risk stakeholders to understand their needs and objectives.
  • Translate complex business concepts into clear and concise requirements that can be understood by technology teams.
  • Subject Matter Expertise:
  • Develop a deep understanding of specific systems or processes within the Market Risk domain, such as limits management systems or stress testing.
  • Become an expert in these areas to effectively communicate and translate business requirements.
  • Risk Knowledge:
  • Possess a solid understanding of Market Risk concepts and principles.
  • Knowledge of Credit or Treasury Risk can be a valuable asset.
  • Stakeholder Management:
  • Build and maintain strong relationships with stakeholders across the organization.
  • Facilitate effective communication and collaboration between business and technology teams.
  • Requirements Analysis:
  • Analyze business requirements to identify dependencies, conflicts, and potential risks.
  • Prioritize requirements based on business value and feasibility.
  • Solution Design:
  • Collaborate with technology teams to design and develop solutions that meet business requirements.
  • Ensure that technology solutions align with the overall Market Risk strategy.
  • Testing and Validation:
  • Support the development and execution of test cases to validate that technology solutions meet business requirements.
  • Participate in user acceptance testing (UAT) to ensure the system is fit for purpose.

Required Qualifications

  • Experience: 8-10 years of experience in business analysis, preferably within the financial services industry.
  • Knowledge: Strong understanding of Market Risk concepts and principles. Knowledge of Credit or Treasury Risk is beneficial.
  • Skills: Excellent written and verbal communication skills. Ability to elicit and document requirements effectively. Strong analytical and problem-solving skills.
  • Education: Bachelor's degree in business, finance, or a related field.

Preferred Qualifications

  • Experience with market risk management systems and business analysis tools.
  • Knowledge of Agile methodologies and tools.
  • Certifications in business analysis (e.g., Certified Business Analyst Professional (CBAP), Certified Data Management Professional (CDMP) ,or Financial Risk Manager (FRM)).

Key Competencies

  • Analytical Skills: Ability to analyze complex business problems and identify solutions.
  • Communication Skills: Effective communication and collaboration skills to work with stakeholders at all levels.
  • Technical Aptitude: Understanding of technology concepts and the ability to learn new systems quickly.
  • Problem-Solving: Ability to identify and resolve issues efficiently.
  • Attention to Detail: Meticulous approach to requirements documentation and analysis.

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