Counterparty Credit Risk BA

emagine Polska; Greater London; On-site; GBP 90,000 - 110,000; Full time

Job summary

emagine is looking for a Business Analyst/Tech Lead in London to deliver counterparty risk reporting, risk analytics and development of risk management tools. You will work on Murex, Apex and Bloomberg data platforms, align with PRA regulatory conditions and collaborate with application teams across the project lifecycle.

Hybrid/On-site with London-based clients, you will influence technical solutions, support SIT/UAT, and help design UI/workflows for risk calculations and validation processes.

Qualifications

• Proven experience in credit risk reporting and analysis.
• Strong knowledge of credit products and derivatives.
• Experience in mid-sized banks and smaller institutions, rather than large tier-one banks.
• Proficiency in Murex, Apex, and Bloomberg for data manipulation.
• Strong analytical and problem-solving skills within financial contexts.
• Understanding of regulatory requirements, particularly PRA conditions.
• Ability to develop tools and workflows for credit risk management.
• Familiarity with QuIC and RiskMetrics.
• Experience with SIT and UAT testing processes.
• Strong communication skills to explain technical concepts to non-technical stakeholders.

Responsibilities

• Deliver counterparty concentration risk, stress, and limit reporting.
• Upgrade the QuIC counterparty credit risk engine for PFE calculation to meet PRA license conditions.
• Develop credit risk reports, including Collateral, Gross Cash Limit, and Short-Term Tenor across multiple products.
• Create a pre-deal check tool for the Rates Sales Desk to estimate PFE exposure and limit utilization.
• Design UI and workflows for calculation review and validation processes.
• Analyze and manipulate data using platforms such as Murex, Apex, and Bloomberg.
• Conduct gap analysis and define future-state credit risk processes.
• Collaborate with application teams to implement system and data changes.
• Resolve data integration issues impacting counterparty and limit information.
• Review operational risks and propose electronic/procedural improvements.
• Influence project solutions through technical expertise.
• Act as a liaison between business and software development teams.
• Participate in SIT and UAT testing of data and report outputs.
• Prepare stakeholders for new solutions and provide initial application support.

Skills

Credit risk reporting

Analytical problem solving

Regulatory understanding

Stakeholder communication

Tools

Murex

Apex

Bloomberg

Job description

Business Analyst/Tech Lead

London x5 Days on-site

£625 Inside

emagine is a high-end professional services consultancy and solutions firm Specialising in providing business and technology services to the financial services sector, we power progress, solve challenges and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication in delivering the optimal service for our clients. Our commitment is not just towards our clients but we aim to foster a positive and equitable working environment with our consultants and colleagues which stems from our core values: Confident, Dedicated, Responsible, Genuine.

Main Responsibilities

• Deliver counterparty concentration risk, stress, and limit reporting.
• Upgrade the QuIC counterparty credit risk engine for PFE calculation to meet PRA license conditions.
• Develop credit risk reports, including Collateral, Gross Cash Limit, and Short-Term Tenor across multiple products.
• Create a pre-deal check tool for the Rates Sales Desk to estimate PFE exposure and limit utilization.
• Design UI and workflows for calculation review and validation processes.
• Analyze and manipulate data using platforms such as Murex, Apex, and Bloomberg.
• Conduct gap analysis and define future-state credit risk processes.
• Collaborate with application teams to implement system and data changes.
• Resolve data integration issues impacting counterparty and limit information.
• Review operational risks and propose electronic/procedural improvements.
• Influence project solutions through technical expertise.
• Act as a liaison between business and software development teams.
• Participate in SIT and UAT testing of data and report outputs.
• Prepare stakeholders for new solutions and provide initial application support.

Key Requirements

• Proven experience in credit risk reporting and analysis.
• Require strong knowledge of credit products and derivatives. Experience in these product areas is essential.
• Experience in mid-sized banks and smaller institutions, rather than large tier-one banks.
• Proficiency in Murex, Apex, and Bloomberg for data manipulation.
• Strong analytical and problem-solving skills within financial contexts.
• Understanding of regulatory requirements, particularly PRA conditions.
• Ability to develop tools and workflows for credit risk management.
• Familiarity with QuIC and RiskMetrics.
• Experience with SIT and UAT testing processes.
• Strong communication skills to explain technical concepts to non-technical stakeholders.

Our people

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle, from strategy to implementation. This will provide you with a broad base of experience from which to build an outstanding career.

The ideal consultants will share our values and be aligned with our ways of working and as your career progresses, you can expect to work across all areas of the project lifecycle.

• Providing our people with a supportive culture, rooted in our values and driven by our purpose.
• Promoting a culture of inclusion, collaboration, well-being, and learning and development.
• Providing increased agility and flexibility within our hybrid working model
• Investing in employees’ growth through ongoing training and development
• Autonomy to take ownership of projects, making decisions and demonstrating individual expertise
• Providing an transparent performance and career management experience.

Our consultants are integral to delivering successful consulting engagements, addressing our clients’ most pressing business challenges, and build lasting value in disciplines such as:

• Solve sophisticated, ambiguous business, change and technology problems, bringing structure and meticulous analysis and planning, acting, and taking decisions with little strategic direction
• Build, develop and sustain trusted senior client relationships in the C-suite by remaining highly attuned to client needs
• Drive, enable and support the business, partnering with our leaders, clients, and consultants across our practices to take the best of emagine to our clients through opportunity identification/qualification, solution development/presentation

“emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin”