Counterparty Credit Risk BA / Tech Lead

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

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.