Quantitative Risk Business Analyst

Visa; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

Visa seeks a Quantitative Risk Business Analyst to support its financial risk management. The role involves analyzing counterparty, market, and liquidity risks, with a strong emphasis on analytical capabilities and teamwork in a hybrid work environment. Successful candidates will possess skills in data analytics and financial risk techniques, enhancing Visa's innovative payment solutions.

Qualifications

• Several years of experience in forex counterparty, market or liquidity risk.
• Knowledge of Financial Risk Management techniques.
• Familiarity with regulated environments.

Responsibilities

• Analyze counterparty risk to minimize losses.
• Support market and liquidity risk assessments.
• Assist in producing risk metrics and reports.

Skills

Analytical ability

Data analytics skills

Problem-solving mindset

Interpersonal skills

Communication skills

Education

Bachelor’s Degree in STEM or finance

CQF qualification (preferred)

Tools

SQL

Tableau

Excel

MS Word

PowerPoint

Job description

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

The Quantitative Risk Business Analyst will assist the Director, Financial Risk Lead at Visa Direct for counterparty, market and liquidity risks. Reporting to the Director, the role with provide timely and high-quality output to internal stakeholders relating to assessing such risk, undertaking risk analysis and making recommendations for risk treatment activities consistent with applicable frameworks, policies and Visa’s Risk Appetite.

This role would benefit from some understanding of the payments and financial services industry, business environment and implementing risk treatment activities within that setting, but it is not mandatory for the right candidate with potential. Must work collaboratively with cross functional & geographically diverse teams both externally and internally to execute against a common goal of protecting the Visa Enterprise.

Candidate will be responsible for:

• Ongoing analyses of counterparty risk, seeking to minimize losses that results from exposures to Network Partners and Clients FX trading, including:
  • Provide analyses for potential future exposures (PFE).
  • Working with 1st line teams to prepare such output.
• Ongoing support of market risk, seeking to identify and quantify market risk as they arise using value-at risk (VAR).
• Ongoing support of liquidity risk, seeking to identify and quantify liquidity risk as they arise, developing and maintaining Tableau dashboards for monitoring.
• General support of the oversight of financial risks, working closely with colleagues across various businesses to assess exposure and periodically deploy appropriate risk mitigation measures, including stress testing, scenario and market risk analyses.
• Assisting ad hoc implementation of a suite of risk metrics & reporting to help identify of risks, the ongoing monitoring of risks, the measuring financial risk exposures & investigating limit breaches for timely action.
• Ad hoc production of timely and effective management information and analysis to help inform key business and risk decisions, including preparing Committee quarterly reports to be used in the discussion with senior management, to respond to credit risk related questions during the meetings to support the discussion.
• Support periodic updates to senior leadership, regulators and other external parties on Visa’s financial risk management activities for the Visa Direct business unit.

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Qualifications

Requirements:

• A strong analytical ability, a quantitative problem-solving mindset and data analytics skills (SQL+Tableau with at least one of R or Python)
• A grasp of stochastic calculus as it is applied to the foreign exchange markets.
• Familiarity of Financial Risk Management techniques and approaches, including Value-at-Risk, hedging and controls, stress testing, and scenario analysis for both day-to-day and theoretical analysis.
• Strong interpersonal and collaboration skills, excellent verbal and written communication skills, methodical and meticulous with high attention to detail.
• Self-starter, confident dealing with senior executives, and to think on their feet in a time critical environment.
• A curious attitude and a want and drive to challenge the status quo to deliver innovative risk management solutions within a business growth mindset.
• Several years of relevant experience in at least one of: forex counterparty risk, market risk and/or liquidity risk experience within financial services or payments organisations.
• Knowledge, skill and understanding in applying margin models.
• Commercial, front end, client facing experience, & understanding of the Payments industry and Visa Products and Services.
• Knowledge of Visa’s Global Risk programs.
• Familiarity of regulated environments, including direct engagement with supervisors.

Additional Requirements:

• Bachelor’s Degree in STEM or finance, a CQF qualification is preferred.
• Excellent interpersonal, presentation, communication and facilitation skills, plus ability to work independently and effectively in a continually changing environment.
• Ability to develop strong relationships and work with all organizational levels.
• Highly competent with Excel.
• Proficiency in MS Word, Access, PowerPoint.

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.