BA

Crisil; Pune District; On-site; INR 350,000 - 550,000; Full time

Job summary

Crisil is seeking a seasoned Business Analyst with strong Market Risk expertise to support large-scale technology change and transformation programs within investment banking. You will gather and document business requirements, translate them into functional specs, and collaborate with quants and technology teams to ensure accurate risk data and reporting.

The role involves data analysis using SQL and Python, supporting regulatory changes such as FRTB, and driving delivery across front office,

Qualifications

• Experience as a BA in capital markets or global investment banking.
• Exposure to market risk concepts and FRTB/regulatory risk frameworks.
• Proficiency in Python for data analysis and validation (basics).
• Experience in large-scale technology change or transformation programs.
• Strong requirements gathering, documentation and stakeholder management.

Responsibilities

• Work on risk transformation programs (Market Risk/ FRTB) across technology and business teams.
• Gather and document business and functional requirements for risk systems and reporting.
• Translate requirements into detailed functional specifications and data mappings.
• Perform data analysis and validation using SQL / Python for risk and trade datasets.
• Support implementation of regulatory changes (e.g., FRTB) across systems and processes.
• Collaborate with technology teams, quants and stakeholders to drive delivery.
• Participate in UAT, testing and validation of risk calculations and outputs.
• Ensure alignment across front office, risk and IT systems.

Skills

Capital Markets

Market Risk

FRTB

Python (data analysis)

Regulatory risk frameworks

Stakeholder management

Tools

SQL

Python

Job description

We are looking for a Business Analyst with strong experience in Market Risk supporting large-scale technology change and transformation programs within investment banking. The role requires a blend of functional risk knowledge, data analysis and technical understanding (including Python).

Key Responsibilities

• Work on risk transformation programs (Market Risk/ FRTB) across technology and business teams
• Gather and document business and functional requirements for risk systems and reporting
• Translate requirements into detailed functional specifications and data mappings
• Perform data analysis and validation using SQL / Python for risk and trade datasets
• Support implementation of regulatory changes (e.g., FRTB) across systems and processes
• Collaborate with technology teams, quants and stakeholders to drive delivery
• Participate in UAT, testing and validation of risk calculations and outputs
• Ensure alignment across front office, risk and IT systems

Must-Have Skills

• Strong experience as a Business Analyst in Capital Markets / Global investment banking
• Strong exposure to:
  • Market Risk
  • FRTB or regulatory risk frameworks
• Working knowledge of Python for data analysis / validation (basics)
• Experience in large-scale tech change / transformation programs
• Strong requirement gathering, documentation and stakeholder management skills

Domain Experience (Critical)

• Hands-on experience in:
  • Market Risk (VaR, sensitivities, stress testing) OR
• Understanding of:
  • Trade lifecycle and risk data flows
  • Financial products:
    • Derivatives (swaps, options, futures), bonds

Good-to-Have

• Experience working with risk systems / platforms
• Exposure to data lineage, reconciliation and controls
• Experience working with quants / model teams
• Familiarity with Agile delivery models
• Basic understanding of data architecture or APIs

Experience

• 10-12 years (depending on depth of domain)