Market Risk- BA

Solytics Infotech; Pune District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Solytics Partners in Pune seeks a Business Analyst specialized in Market Risk to support risk transformation and reporting initiatives for banking clients. You will bridge risk, front office, and technology teams to deliver robust analytics, regulatory-ready solutions, and concise reporting.

The ideal candidate has hands-on data handling, SQL and Excel skills, and strong communication to collaborate with global stakeholders. Experience in Basel III or FRTB is a plus.

Qualifications

• 2–5 years of experience as a Business Analyst in Market Risk or related areas.
• Strong understanding of VaR, stress testing, sensitivities and PnL.
• Experience with regulatory frameworks like Basel III, FRTB is preferred.
• Proficient in requirement gathering, stakeholder management, and documentation.
• Good data analysis skills with hands-on SQL and Excel experience.

Responsibilities

• Gather, analyze, and document business requirements for Market Risk initiatives.
• Bridge business users and technology teams to translate requirements into specs.
• Support implementation and enhancement of Market Risk systems and reporting tools.
• Work on risk metrics such as VaR, sensitivities, stress testing and P&L explain.
• Analyze large datasets, perform data validation and quality checks for risk reporting.
• Assist in regulatory reporting and Basel III / FRTB initiatives.
• Create BRDs, FRDs, user stories, and test cases with clear documentation.
• Collaborate with global stakeholders to drive project delivery and alignment.
• Support UAT, defect tracking, and implementation of solutions.
• Identify opportunities for process improvements and automation (Excel, SQL, VBA).

Skills

Market Risk

Stakeholder management

SQL

Excel

Documentation

Tools

Tableau

Power BI

Excel

Job description

Solytics Partners is a Global Analytics firm, recognized with multiple industry awards for innovation and excellence. Our team comprises experts with deep domain knowledge in risk, analytics, AI/ML, AML/FCC, and fraud. By converging this expertise with cutting-edge technologies like AI, Machine Learning, Generative AI, and Large Language Models (LLMs), we deliver powerful automated platforms and incisive point solutions.

Our offerings enable clients to streamline and future-proof their risk, AML, and analytics processes, comply seamlessly with global regulations, and safeguard financial systems. Whether it’s solving complex challenges or driving operational efficiency, Solytics Partners is committed to empowering organizations with transformative tools to stay ahead in an evolving regulatory landscape.

Job Summary:

We are looking for a Business Analyst with experience in Market Risk to support risk transformation and reporting initiatives within the bank. The role will act as a bridge between business stakeholders (Risk, Front Office) and technology teams to deliver robust risk analytics, reporting, and regulatory solutions. The candidate should have a strong understanding of market risk concepts along with experience in business analysis, data handling, and stakeholder management.

Key Responsibilities:

• Gather, analyze, and document business requirements for Market Risk initiatives including reporting, analytics, and regulatory changes
• Act as a liaison between business users (Risk, Front Office) and technology teams to translate requirements into functional specifications
• Support implementation and enhancement of Market Risk systems, infrastructure, and reporting tools
• Work on risk metrics such as VaR, sensitivities, stress testing, and P&L explain across asset classes
• Analyze large datasets and perform data validation, reconciliation, and quality checks for risk reporting
• Assist in regulatory reporting and compliance initiatives (e.g., Basel III / FRTB)
• Create detailed documentation including BRDs, FRDs, user stories, and test cases
• Collaborate with global stakeholders to drive project delivery and ensure alignment with business objectives
• Support UAT testing, defect tracking, and implementation of solutions
• Identify opportunities for process improvements and automation (Excel, SQL, VBA, etc.)

Key Requirements:

• 2–5 years of experience as a Business Analyst in Market Risk / Risk Management / Capital Markets
• Strong understanding of Market Risk concepts: VaR, Stress Testing, Sensitivities, Greeks, PnL
• Exposure to regulatory frameworks such as Basel III, FRTB, BCBS 239 is preferred
• Experience in requirement gathering, stakeholder management, and documentation
• Good data analysis skills with hands‑on experience in SQL and Excel (VBA is a plus)
• Familiarity with risk systems, data warehouses, or reporting platforms
• Strong communication skills with ability to interact with global stakeholders
• Problem‑solving mindset with attention to detail

Good to have:

• Exposure to asset classes: Fixed Income, FX, Equities, Derivatives
• Experience working in global banking environments
• Knowledge of BI tools (Tableau, Power BI, etc.)
• Certifications like FRM / CFA (preferred but not mandatory)