Calypso Risk Business Analyst

EPAM Systems; Sweden; On-site; SEK 900,000 - 1,200,000; Full time

Job summary

EPAM Systems is seeking an experienced Calypso Risk Business Analyst to support key risk and collateral initiatives in a complex financial market environment. You will gather and analyze business requirements, work with stakeholders and technical teams, and ensure successful implementation of Calypso risk solutions.

The role focuses on Calypso Risk modules, including Market Risk, Counterparty Credit Risk/XVA and Collateral, with emphasis on compliance, data configuration and reporting

Qualifications

• 5+ years of BA experience on Calypso Risk projects.
• Knowledge of Calypso risk modules: Market Risk, CCR/XVA and Collateral.
• Familiar with Compliance/Limits, static data config and market data management.
• Understanding of trade capture, scenario testing and reporting dashboards like Calypso Intelligence.
• Strong stakeholder management and requirements gathering skills.
• Excellent analytical and problem-solving abilities.
• Willingness to relocate to Sweden.
• Nice to have: Collateral Management experience and Eurex exposure.

Responsibilities

• Gather, analyze and document business and functional requirements for Calypso Risk initiatives.
• Collaborate with business stakeholders and tech teams to deliver risk solutions.
• Support design, testing and implementation of Calypso enhancements.
• Provide functional expertise across Market Risk, CCR/XVA and Collateral workflows.
• Align solutions with business objectives and regulatory requirements.
• Contribute to credit limit monitoring, exposure aggregation and breach reporting.
• Assist with clearing/novation workflows for derivatives.
• Participate in regulatory and capital reporting activities including backtesting submissions.

Skills

Calypso Risk

Stakeholder management

Requirements gathering

Analytical skills

Problem-solving

Relocation to Sweden

Tools

Calypso Platform

Calypso Intelligence

Job description

Overview

We are looking for an experienced Calypso Risk Business Analyst to join a high-performing team supporting key risk and collateral initiatives. This role offers the opportunity for a Business Analyst with strong functional expertise in Calypso Risk who enjoys working in a complex financial market environment. The successful candidate will help deliver risk-focused solutions, collaborate with stakeholders to analyze business requirements, support system enhancements, and ensure successful implementation of business and technology initiatives. This role is based in Sweden, and candidates must be willing to relocate.

Responsibilities

• Gather, analyze and document business and functional requirements for Calypso Risk initiatives
• Work closely with business stakeholders and technical teams to deliver effective risk solutions
• Support the design, testing and implementation of enhancements within the Calypso platform
• Provide functional expertise across risk-related workstreams including Market Risk, Counterparty Credit Risk/XVA and Collateral Management
• Collaborate with project teams to align solutions with business objectives and regulatory requirements
• Contribute to credit limit and compliance monitoring including exposure aggregation and breach reporting
• Assist with clearing and novation workflows for cleared OTC and listed derivatives
• Participate in regulatory and capital reporting activities including backtesting submissions

Requirements

• 5+ years of experience as a Business Analyst on Calypso Risk projects
• Knowledge of the Calypso platform within a risk management environment including Market Risk, Counterparty Credit Risk/XVA and Collateral modules
• Familiarity with the Compliance/Limits module, static data configuration and market data/curve management
• Understanding of trade capture/booking modules, scenario/stress testing tools and reporting dashboards such as Calypso Intelligence
• Skills in stakeholder management and requirements gathering
• Strong analytical and problem-solving abilities
• Flexibility to relocate to Sweden
• Nice to have: Background in Collateral Management processes
• Exposure to Eurex
• Understanding of collateral workflows and post-trade processes within capital markets