BA- Market Risk

Crisil; Pune District; On-site; INR 1,500,000 - 3,000,000; Full time

Job summary

Crisil is seeking a Business Analyst with strong Market Risk experience to support large-scale technology change and transformation programs within investment banking. The role requires functional risk knowledge, data analysis, and technical skills in Python.

The candidate will gather and document requirements, translate them into functional specs, perform data analysis with SQL/Python, and support regulatory changes such as FRTB across systems.

Qualifications

• 10–12 years experience as BA in Capital Markets / Global investment banking.
• Strong data analysis skills with SQL (mandatory).
• Python basics for data analysis/validation.
• Experience in large-scale tech change / transformation programs.
• FRTB or regulatory risk frameworks knowledge.
• Experience working with risk systems and cross-functional stakeholders.
• 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 BA

Market Risk

FRTB/regulatory

SQL

Python

Tech transformation

Requirements gathering

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

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

Must-Have Skills

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

Domain Experience (Critical)

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

Good-to-Have

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

Experience

10-12 years (depending on depth of domain)