<p>Description</p> <p>Job Title: Market Risk Technical Business Analyst</p> <p>Duration: 18 months</p> <p>Location: Jersey City</p> <p>Required Pay Scale: $60-$73/hour</p> <p>Job Summary:</p> <ul> <li>7-10 years of exp </li><li>strong understanding of market risk data </li><li>Analyze data and make applications stronger </li><li>Data analysis and documentation </li><li>Credit risk could work but they strongly prefer market risk </li><li>SQL, Excel, VBA </li><li>read Python not develop with it will be helpful, -Alteryx </li><li>Tableau not required by will work </li><li>MS SQL (queries, joins, tables, aliasing) </li><li>Data reconciliation </li><li>Strong Excel </li><li>Strong Data Analysis skills </li><li>Strong communication skills </li></ul> <p>Role/responsibilities</p> <ul> <li>Focuses on owning and driving discussion / workstream with business and other stakeholders </li><li>Bridge the gap between business requirements and technical delivery team </li><li>Assist Product Owners with the development and documentation of Epics and Stories </li><li>Define business process and data flows </li><li>Assess the scope and impact of system, dependencies and process changes </li><li>Progress projects to completion in a complex workspace </li><li>Leverage core technical platform to deliver business functionality </li><li>Facilitate design sessions with technology teams </li><li>Design of test strategies including preparing test cases and test plans </li><li>Work closely with business and technology teams to gather testing requirements </li><li>Escalation of issues in a timely manner </li><li>Produce system and process documentation </li><li>Ensure adherence to audit and operation standards </li></ul> <p>Skills</p> <ul> <li>Strong Market Risk, Risk or Front Office experience </li><li>Strong financial products knowledge </li><li>Solid understanding of regulatory landscape </li><li>Excellent analytical and quantitative skills </li><li>Strong problem solving skills and experience in analyzing large volumes of financial data </li><li>Ability to effectively communicate within a multi-disciplined team and demanding business users </li><li>Good organization skills with efficient follow-ups & driving conclusions </li><li>Experience with SDLC and agile methodologies </li><li>Excellent technical skills in SQL, Excel, VBA. Python is a plus </li><li>Computer Science degree </li></ul> <p>Job Description:</p> <p>This role with the Market Risk Technology team, based in Jersey City, offers an exciting opportunity for the selected candidate to work closely with the senior business stakeholders in the Global Portfolio Analysis, Global Risk Analytics and Global Market Risk teams. The role involves building subject matter knowledge on Market Risk exposure management for the Global Markets business across all asset classes and delivery responsibility on significant funded initiatives that are driving the build out of next generation Market Risk technology stack. The selected candidate will bring analytical skills, ability to work in global teams, with business stakeholders as well as technical experts in order to deliver the projects and grow their career within Market Risk technology that is now a key focus area for investment from the BAC senior management team. Since the regulatory landscape continues to evolve, there is a need for Market Risk to work hand-in-hand with Front Office and this role offers the selected candidate a real potential to utilize their skills as well as learn how risk management spans across Front Office Trading desks all the way to Market Risk exposure management and eventually reported to the regulators.</p> <p>Job Responsibilities:</p> <p>Ownership of work streams with business and technology stakeholders to discuss business problems</p> <p>Partner with Global Markets Financial Risk (GMFR), Global Risk Analytics (GRA) and Model Risk Management (MRM) for business requirements</p> <p>Propose technology solutions to business problems and facilitate agreement with all stakeholders</p> <p>Cost estimation of technology solution and participate in budget approval process</p> <p>Develop prototypes (using python, SQL, excel/VBA) to demonstrate solutions to stakeholders</p> <p>Consult with management to guide and influence long term and strategic decision making within the broadest scope</p> <p>Data analysis using distributed computing and Big Data platforms such as Apache Hadoop</p> <p>Collaborate with team members to collect and analyze large data sets</p> <p>Develop data analyses, data collection systems and other strategies that optimize statistical efficiency and quality</p> <p>Use graphs, infographics and other methods to visualize data</p> <p>Identify, analyze, and interpret trends or patterns in complex data sets</p> <p>Interpret data and analyze results using statistical techniques</p> <p>Using Agile SDLC methodology, work with Product Owner/Product Manager for documentation/development of Epics and Stories</p> <p>Ownership of functional design of market risk applications</p> <p>Facilitate agreement on technical design with technology stakeholders</p> <p>Coordinate UAT activities, releases and migration events - track defects and progress on resolution</p> <p>Demonstration of new functionalities to business and technology stakeholders</p> <p>Adhere to risk mitigation plan defined by corporate audit</p> <p>Escalation of issues to senior partners in a timely manner</p> <p>Follow Enterprise Change Management (ECM) process</p> <p>Drive process improvement and policy development initiatives that impact market risk technology</p> <p>Required Skills:</p> <p>Strong Market Risk, Risk, or Front Office experience</p> <p>Strong financial markets product knowledge</p> <p>Solid understanding of regulatory landscape</p> <p>Strong problem solving skills and experience of analyzing and validating large volumes of numerical data.</p> <p>Good organizational skills with efficient follow up on open items</p> <p>Exposure to Agile methodologies.</p> <p>Experience of all aspects of project life cycle</p> <p>Excellent technical skills; SQL, Excel, VBA and Python</p> <p>Computer Engineering/Financial Degree</p> <p>Strong analytical and quantitative skills</p> <p>Stephanie Belaen | Technical Recruiter</p> <p>Office: 917-764-3231</p> <p>https://www.linkedin.com/in/stephanie-muse/</p> <p>Matlen Silver</p> <p>Have Questions? Click Here for frequently asked questions and to connect with Consultant Care</p> <p>About Matlen Silver</p> <p>Experience Matters. Let your experience be driven by our experience. For more than 40 years, Matlen Silver has delivered solutions for complex talent and technology needs to Fortune 500 companies and industry leaders. Led by hard work, honesty, and a trusted team of experts, we can say that Matlen Silver technology has created a solutions experience and legacy of success that is the difference in the way the world works.</p> <p>Matlen Silver is an Equal Opportunity Employer and considers all applicants for all positions without regard to race, color, religion, gender, national origin, age, sexual orientation, veteran status, the presence of a non-job-related medical condition or disability, or any other legally protected status.</p> <p>If you are a person with a disability needing assistance with the application or at any point in the hiring process, please contact us at email and/or phone at: [email protected] // 908-393-8600</p>