Risk IT Business Analyst Counterparty Credit Risk

NTT DATA, Inc.; Dadri; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

NTT DATA is seeking a Risk IT Business Analyst (Counterparty Credit Risk) in Noida, Uttar Pradesh, India. The candidate will support enterprise risk management initiatives, translate complex CCR requirements into technical solutions, and collaborate with Risk, Trading and Technology teams.

The role requires 8+ years in Banking/Financial Services, strong CCR knowledge, and experience with SA-CCR, EE, EPE, PFE, and CVA. Knowledge of margining and collateral management is advantageous.

Qualifications

• 8+ years of experience as a Business Analyst in Banking or Financial Services.
• Strong CCR domain knowledge and regulatory frameworks.
• Understanding of SA-CCR, EE, EPE, PFE, CVA and exposure concepts.
• Experience with margining, collateral management, and novation processes.
• Proven ability to translate business requirements into technical solutions.
• Experience with Agile/Scrum and Waterfall project environments.

Responsibilities

• Collaborate with stakeholders, risk teams, technology teams to gather and document requirements.
• Support design, implementation, and enhancement of CCR solutions across risk platforms.
• Analyze processes, data flows, user stories, and acceptance criteria.
• Support CCR methodologies like SA-CCR, EE, EPE, PFE, CVA.
• Work with Risk, Trading, Finance, Operations, and Tech teams for regulatory compliance.
• Assist with margining, collateral, and counterparty risk processes.
• Participate in CCR agreements, novation and lifecycle management.
• Facilitate workshops, walkthroughs, UAT support, defect triage and validation.
• Ensure end-to-end traceability of requirements across delivery methodologies.

Skills

Counterparty Credit Risk

Business Analysis

Stakeholder Management

Agile/Scrum

Regulatory Compliance

Data Analysis

Requirements Elicitation

Process Modeling

Communication

Problem Solving

Education

Bachelor's or Master's degree in a related field

Tools

SQL

Jira

Confluence

Visio

Job description

Job Description:

We are currently seeking a Risk IT Business Analyst (Counterparty Credit Risk) to join our team in Noida, Uttar Pradesh (IN-UP), India (IN).

Job Description – Risk IT Business Analyst (Counterparty Credit Risk)

Experience: 8+ Years | Employment Type: Full-Time

Position Summary

We are seeking an experienced Risk IT Business Analyst with strong expertise in Counterparty Credit Risk (CCR) and Business Analysis to support enterprise risk management and technology transformation initiatives within the Banking and Financial Services domain. The ideal candidate will possess in-depth knowledge of CCR methodologies, regulatory frameworks, and risk management processes, along with proven experience in translating complex business requirements into scalable technology solutions.

Key Responsibilities

• Collaborate with business stakeholders, risk teams, technology teams, and project managers to gather, analyze, and document business and functional requirements.
• Support the design, implementation, and enhancement of Counterparty Credit Risk (CCR) solutions across enterprise risk platforms.
• Analyze and document business processes, functional specifications, data flows, process maps, user stories, and acceptance criteria.
• Support implementation and validation of CCR methodologies including SA-CCR, Expected Exposure (EE), Expected Positive Exposure (EPE), Potential Future Exposure (PFE), and Credit Valuation Adjustment (CVA).
• Work closely with Risk, Trading, Finance, Operations, and Technology teams to ensure regulatory compliance and successful project delivery.
• Support margining, collateral management, exposure calculations, and counterparty risk management processes.
• Participate in initiatives involving Counterparty Credit Risk agreements, legal documentation, novation, and lifecycle management.
• Facilitate stakeholder workshops, requirement walkthroughs, UAT support, defect triage, and solution validation.
• Ensure end-to-end traceability of requirements while supporting Agile, Waterfall, or Hybrid delivery methodologies.

Required Skills & Experience

• 8+ years of experience as a Business Analyst within Banking or Financial Services.
• Strong domain expertise in Counterparty Credit Risk (CCR) and associated regulatory frameworks.
• Sound understanding of SA-CCR, EE, EPE, PFE, CVA, exposure measurement, and counterparty risk management concepts.
• Experience with margining, collateral management, counterparty agreements, and novation processes.
• Strong experience in business analysis, requirement elicitation, process modeling, data analysis, and functional documentation.
• Excellent stakeholder management, analytical, communication, and problem-solving skills.
• Experience working in Agile/Scrum and Waterfall project environments.

Preferred Skills

Knowledge of Capital Markets, Derivatives, Market Risk, Credit Risk, Trade Lifecycle, Regulatory Reporting, SQL, Jira, Confluence, Visio, and enterprise risk management platforms will be an added advantage.

Education

Bachelors or Masters degree in Computer Science, Information Technology, Finance, Engineering, Business Administration, or a related discipline.

Key Competencies

• Counterparty Credit Risk
• Business Analysis
• Risk Management
• Functional Requirements
• Regulatory Compliance
• Margin & Collateral Management
• Stakeholder Management
• Data Analysis
• Process Modelling
• Agile Delivery
• Communication
• Problem Solving

About NTT DATA

NTT DATA is a $30 billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the worlds leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. our consulting and Industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 50 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners.NTT DATA is a part of NTT Group, which invests over $3 billion each year in R&D.

Whenever possible, we hire locally to NTT DATA offices or client sites. This ensures we can provide timely and effective support tailored to each client’s needs. While many positions offer remote or hybrid work options, these arrangements are subject to change based on client requirements. For employees near an NTT DATA office or client site, in-office attendance may be required for meetings or events, depending on business needs. At NTT DATA, we are committed to staying flexible and meeting the evolving needs of both our clients and employees.

NTT DATA endeavors to make https://us.nttdata.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact us at https://us.nttdata.com/en/contact-us.

NTT DATA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If youd like more information on your EEO rights under the law, please click here. For Pay Transparency information, please click here.