Senior Business Analyst (Investment Banking) Market Risk

LUXOFT SINGAPORE PTE. LTD.; Singapore; In loco; SGD 120.000 - 180.000; Tempo pieno

Descrizione del lavoro

LUXOFT SINGAPORE PTE. LTD. seeks a seasoned Business Analyst for Market Risk within the MASAI project, part of the Corporate and Investment Banking arm.

You will liaison between business lines and offshore tech teams, draft functional specs, and drive testing across PnL explanations, VaR, and regulatory initiatives. Responsibilities include organizing functional documentation, coordinating change requests, and ensuring robust validation in a data-centric banking environment.

Competenze

• 12+ years as a Business Analyst in Investment Banking, Market Risk focus
• Solid data model and SQL experience
• Liaison between onshore IT business lines and offshore teams
• Thorough experience in functional testing and validation
• Knowledge of Market Risk (P&L, VaR, Stress VaR)
• Understanding of banking and finance concepts
• Ability to communicate clearly with multicultural teams
• Familiarity with project cycles and testing methodologies
• Strong organizational and analytical skills
• Discretion and confidentiality awareness
• Proactive in sourcing information

Mansioni

• Liaise with IT business lines to clarify requirements
• Analyze impacts considering technical constraints with lead support
• Prepare and present functional aspects of changes to developers
• Draft detailed functional specs and user stories for developers
• Support the development team in functional aspects
• Maintain up-to-date functional documentation
• Conduct functional testing of development and define tests strategy
• Coordinate user acceptance testing with project manager
• Provide second-level support for functional incidents
• Investigate and resolve functional problems with developers

Conoscenze

Data models

SQL

Functional testing

Market Risk

Regulatory knowledge

Stakeholder liaison

Documentation

Multi-cultural communication

Strumenti

MS Office

MS SharePoint

MS Project

MS Visio

Descrizione del lavoro

Our client is the corporate and investment banking arm of The Group, world's 12th largest bank by total assets.

We work daily with international branches located in 30 markets by:

• Envisioning and preparing the Bank's futures information systems
• Partnering and supporting core banking flagships and transverse areas in their large scale development projects.
• Providing premium In-house Banking applications,

This unique positioning empowers us to bring our core banking business a sustainable competitive advantage on the market.

We seek innovative and agile people sharing our mindset to support ambitious and forthcoming technological challenges.

The MRD (Market Risk & Delivery) Section is part of the CMI (Capital Markets IT) Department and is responsible for development and maintenance of Market Risk applications used by worldwide users as well as the implementation of regulatory and investment projects.

MASAI is an ambitious project critical to the Bank’s strategic pivot towards data-centric operations. MASAI was initially created to satisfy regulatory requirements set out by the Basel Committee as part of their FRTB capital rules, but quickly became the central focus in the Bank’s push towards a more data-centric approach. It is based on Big Data technology, which allows horizontally-scalable management of data at and beyond the petabyte scale. Multiple functional applications leverage the data it makes available, including the FRTB SA process but also the official validated P&L process (economic and explain), Value at Risk calculations, etc.

Responsibilities

• Responsible for the functional knowledge:
• Liaise with IT business lines contacts for clarification and understanding of requirements.
• Analyze functional impacts considering technical constraints with technical lead’s help
• Prepare and present functional aspects of changes/evolutions to developers
• Draft detailed functional specifications/users stories for developers, in line with general specifications or list of requirements provided by project manager / Business Analysts
• Support the technical development team in any functional aspects.
• Organize and keep up to date detailed functional documentation
• Responsible for the functional testing of development
• Develop tests strategy in coordination with project manager / Business Analysts
• Conduct continuous testing in development environment for development monitoring
• Write functional unit test cases and functional test cases for system verification
• Follow the user acceptance test and coordinate the prioritization with project manager
• Involved in support of application for functional incident
• 2nd level support work on request escalated from level 1
• Reproduce, make first analysis and investigate verifying codification and data
• Analyze and/or solve functional problems in coordination with developers

Mandatory Skills Description

• 12+ years as a Business Analyst in Investment Bank organization within Market Risk department
• Technical experience to be comfortable with data models and SQL
• Hands-on experience as liaison function between the onshore IT business lines and offshore technical teams and as primary functional support for development team
• Thorough experience in functional testing and validation of development
• Market Risk knowledge (Pnl explanation, VaR and Stress VaR analysis is a must)
• General banking and finance understanding and knowledge
• Market data (Volatilities, Curves,…), Sensitivities
• Ability to convey clearly and concisely ideas in a concrete and coherent way.
• Ability to easily communicate with multi-cultural team members
• Project cycle methodology
• Strong technical skills in tests methodology
• Strong organizational skills
• Strong ability to analyze and summarize
• Self-sufficient and pro-active in sourcing information
• Strong sense of confidentiality

Nice-to-Have Skills Description

• Product Control knowledge (Pnl calculation and explanation, …)
• Financial products (Treasury, FX, Credit, IRD…)
• Usage of MS Office, MS Sharepoint, MS Project, MS Visio
• Understanding of UML
• Technical: Business object, data warehouse, BI
• Regulatory knowledge (including Basel III, Basel II, Basel I, SIMM, FRTB, CVA, …)