Business Analyst - Credit Risk

APPTAD, Inc.; New York (NY); On-site; USD 95,000 - 135,000; Full time

Job summary

APPTAD, Inc. is seeking a focused Business Analyst to join our credit risk practice in New York. You will gather and document requirements, map data flows, and support risk model implementation across Basel III/IV, IFRS 9, CECL, and CCAR contexts.

You will collaborate with risk, analytics, regulatory, and technology teams, produce BRDs/FRDs and user stories, and ensure end-to-end traceability from business needs to deployment while coordinating UAT and defect management.

Qualifications

• Strong knowledge of credit risk management processes and banking products.
• Experience in wholesale banking, commercial lending, corporate banking, or retail credit risk.
• Proven business analysis skills, including requirement gathering, process modeling, documentation, and stakeholder management.
• Knowledge of Basel III/IV, IFRS 9, CECL, CCAR, or stress testing frameworks.
• Hands-on experience with SQL for data analysis, reconciliation, and validation.
• Experience with BRDs, FRDs, user stories, process flows, and functional specifications.
• Strong understanding of data mapping, data lineage, and data reconciliation.
• Experience with UAT, test case preparation, defect tracking, Jira, Agile, and Scrum.
• Excellent communication, analytical, problem-solving, and documentation skills.

Responsibilities

• Collaborate with business, credit risk, analytics, regulatory, and technology stakeholders to gather, analyze, and document business requirements.
• Prepare BRDs, FRDs, user stories, process flows, and data mapping documents.
• Analyze credit risk workflows, including loan origination, underwriting, credit rating, limit management, risk monitoring, and reporting.
• Support the implementation of credit risk models and frameworks, including PD, LGD, EAD, and ECL.
• Support regulatory initiatives related to Basel III/IV, IFRS 9, CECL, CCAR, and stress testing.
• Perform SQL-based data analysis, reconciliation, and validation of risk data sourced from multiple banking systems.
• Support data mapping, data lineage, data quality, and traceability activities.
• Coordinate User Acceptance Testing (UAT), including test planning, test case preparation, execution, and defect management.
• Facilitate stakeholder meetings, requirement workshops, and solution walkthroughs.
• Work with Agile teams using Jira and Scrum methodologies.
• Maintain end-to-end traceability of requirements from business needs through solution design, testing, and deployment.

Skills

Credit risk management

Business analysis

Stakeholder management

Requirement gathering

Documentation

Agile/Scrum

Communication

Problem solving

UAT coordination

Tools

SQL

Jira

Job description

• Collaborate with business, credit risk, analytics, regulatory, and technology stakeholders to gather, analyze, and document business requirements.
• Prepare Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), user stories, process flows, and data mapping documents.
• Analyze credit risk workflows, including loan origination, underwriting, credit rating, limit management, risk monitoring, and reporting.
• Support the implementation of credit risk models and frameworks, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), and Expected Credit Loss (ECL).
• Support regulatory initiatives related to Basel III/IV, IFRS 9, CECL, CCAR, and stress testing.
• Perform SQL-based data analysis, reconciliation, and validation of risk data sourced from multiple banking systems.
• Support data mapping, data lineage, data quality, and traceability activities.
• Coordinate User Acceptance Testing (UAT), including test planning, test case preparation, execution, and defect management.
• Facilitate stakeholder meetings, requirement workshops, and solution walkthroughs.
• Work with Agile teams using Jira and Scrum methodologies.
• Maintain end-to-end traceability of requirements from business needs through solution design, testing, and deployment.

Required Skills and Qualifications

• Strong knowledge of credit risk management processes and banking products.
• Experience in wholesale banking, commercial lending, corporate banking, or retail credit risk.
• Proven business analysis skills, including requirement gathering, process modeling, documentation, and stakeholder management.
• Knowledge of Basel III/IV, IFRS 9, CECL, CCAR, or stress testing frameworks.
• Hands-on experience with SQL for data analysis, reconciliation, and validation.
• Experience with BRDs, FRDs, user stories, process flows, and functional specifications.
• Strong understanding of data mapping, data lineage, and data reconciliation.
• Experience with UAT, test case preparation, defect tracking, Jira, Agile, and Scrum.
• Excellent communication, analytical, problem-solving, and documentation skills.

Preferred Skills

• Experience with credit risk or financial risk platforms such as Moody's, MSCI RiskMetrics, AxiomSL, SAS, FIS, or Murex.
• Knowledge of BCBS 239 and risk data aggregation and reporting.
• Exposure to data warehousing, data governance, and business intelligence reporting tools.
• Familiarity with cloud platforms and AI-driven risk analytics solutions.
• Relevant certifications such as CBAP, FRM, CFA, PMP, or Agile certifications.