Technical Risk/Quant Business Analyst

Luxoft; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global digital strategy firm is seeking a Business Analyst with strong quantitative and risk technology expertise to support a high-profile Potential Future Exposure implementation project. This role involves leading technical analysis, validating models, and working closely with risk teams to ensure compliance with regulatory requirements. Ideal candidates have a background in credit risk and proven abilities in stakeholder communication. The position is based in the City of London.

Qualifications

• Experience in credit risk and investment banking domains.
• Solid understanding of LCR, NSFR, LE, and liquidity stress testing.
• Proven ability to gather and document business requirements and functional specs.

Responsibilities

• Lead technical analysis and design of infrastructure updates.
• Document detailed user requirements and validate pricing/simulation models.
• Collaborate with risk quants to align product mappings with PFE methodologies.

Skills

Credit risk experience

PFE solutions background

Quantitative mindset

Communication skills

Stakeholder engagement

Ability to work under pressure

Tools

FraimWRX

S&P Global

SQL

.NET

Job description

As a Risk Technology Business Analyst, you'll be part of a dynamic team driving the delivery of PFE capabilities. You'll work closely with risk quants, technology teams, and business stakeholders to design, implement, and test infrastructure updates and methodologies for credit risk monitoring and reporting.

Responsibilities

• Lead technical analysis and design of infrastructure updates for PFE implementation
• Document detailed user requirements and validate pricing/simulation models using Markit FRA
• Map trade and market data from source systems to FraimWRX format
• Collaborate with risk quants to align product mappings with PFE methodologies
• Define solutions for end‑of‑day/intraday credit risk monitoring
• Coordinate with project managers and vendors to validate delivery schedules and updates
• Develop and execute testing strategies for new product development
• Ensure smooth handover of new processes to production teams
• Act as a Risk Technology SME within the One Platform Initiative
• Build strong relationships across risk analytics, market/credit risk management, and front office teams

Qualifications

• Experience in credit risk and investment banking domains
• Strong background in PFE solutions for IR, FX, and loan products
• Quantitative mindset with experience in advanced credit risk models
• Hands‑on experience with FraimWRX, S&P Global, or similar pricing/risk engines
• Solid understanding of LCR, NSFR, LE, and liquidity stress testing
• Proven ability to gather and document business requirements and functional specs
• Experience in UAT planning and execution
• Strong communication skills and stakeholder engagement
• Ability to work independently and collaboratively under pressure

Nice to Have

• Experience with FraimWRX and/or Murex
• Technical familiarity with SQL or .NET
• Exposure to regulatory‑driven transformation projects

About Luxoft

Luxoft is seeking a Business Analyst with strong quantitative and risk technology expertise to support a high‑profile Potential Future Exposure (PFE) implementation project for a leading financial institution. This initiative is critical to meeting PRA/ECB regulatory requirements and aligning methodology across Bank and Securities entities.

About Luxoft: Luxoft, a DXC Technology Company, is a global digital strategy and software engineering firm delivering transformative solutions across financial services. With a presence in 44 cities across 21 countries, we combine engineering excellence with deep industry knowledge to help clients navigate complex challenges.