Senior Business Analyst in Counterparty Credit Risk#12859

Actus Consulting Group; New York (NY); On-site; USD 120,000 - 150,000; Full time

Job summary

Actus Consulting Group, a Japanese IT company, seeks a Senior Business Analyst to support Counterparty Credit Risk and Exposure Management initiatives in New York. The role requires on-site presence at the New York office a couple of times per week.

You will partner with Risk, Front Office, and technology teams to translate requirements into BRDs, data mappings, and test scenarios, while supporting production stability and regulatory compliance in a fast-paced, global environment.

Qualifications

• 12+ years of experience as a Technical/Systems Business Analyst in financial services tech.
• Experience supporting risk management, exposure management or front-office/risk tech apps.
• Proven ability to work with business users, developers, QA and production support in regulated environments.
• Bachelor's degree in Computer Science, Information Systems, Finance, Mathematics, or related field.

Responsibilities

• Analyze CCR/workflows; support exposure reporting, limit monitoring, intraday analysis, and regulatory deliverables.
• Gather, document, and translate business and technical requirements into BRDs, functional specs, data mappings, and test scenarios.
• Collaborate with CCR, EM, Risk Analytics, Front Office and Tech to drive platform enhancements and issue resolution.
• Lead root cause analysis for critical incidents and ensure timely post-mortem actions.

Skills

Counterparty Credit Risk

Exposure Management

SQL

BRDs / BRDs creation

JIRA

Confluence

ServiceNow

Stakeholder communication

Education

Bachelor's degree in Computer Science / Information Systems / Finance / Mathematics

Tools

SQL

JIRA

Confluence

ServiceNow

Job description

Japanese IT company seeks a Senior Business Analyst in Counterparty Credit Risk. Location: This role is based in New York and requires the successful candidate to be on-site at the New York office a couple of times per week.

Job Overview

Our client, one of the largest Japanese securities companies, is seeking a Senior Business Analyst to support Counterparty Credit Risk (CCR) and Exposure Management initiatives. The ideal candidate will work closely with business and technology stakeholders to deliver high-quality solutions, support critical risk applications, and drive operational excellence across the organization.

This position is based in New York, USA.

Job Responsibilities

• Business Analysis & Exposure Management Application Support
• Partner with Exposure Management (EM), Counterparty Credit Risk (CCR), Risk Analytics (RA), Front Office, and technology stakeholders to gather, analyze, and document business, functional, and technical requirements for EM applications, including EPE/PFE calculations, limit monitoring, pre-trade intraday analysis, and exposure reporting.
• Translate business needs into process flows, user stories, functional specifications, data mapping documents, and test scenarios to support platform enhancements and production issue resolution.
• Act as a liaison between business users and technology teams to ensure CCR priorities are accurately understood, implemented, and supported.

Incident, Problem & Change Management

• Serve as a point of contact for high-severity production incidents affecting exposure reporting, limit breaches, intraday analysis, or regulatory deliverables.
• Lead root cause analysis (RCA) for critical incidents, including calculation failures and data reconciliation issues, and drive permanent corrective actions.
• Support change and release governance processes aligned with risk, audit, compliance, and technology standards.

Production Operations & Continuous Improvement

• Analyze existing CCR workflows, operational processes, and incident trends to identify opportunities for process optimization and control improvements.
• Define and monitor key operational metrics related to application performance, data quality, incident management, and service delivery.
• Maintain documentation and standardization of business processes, support procedures, and controls.
• Platform Reliability, Automation & Resilience
• Identify opportunities for automation of monitoring, data validation, reconciliation, and recovery processes.
• Collaborate with Engineering and Infrastructure teams to improve system observability, alerting, capacity planning, and resiliency.
• Support disaster recovery (DR) and business continuity planning (BCP) activities, including testing and documentation.

Stakeholder Coordination & Global Delivery Support

• Work with onshore and offshore teams to clarify requirements, prioritize issues, and support project execution and production support activities.
• Facilitate knowledge sharing and documentation of CCR business processes, data flows, and system functionality.
• Support global operational coverage and service continuity initiatives.

Regulatory, Audit & Risk Controls

• Ensure applications comply with regulatory requirements, audit standards, security policies, and internal risk management controls.
• Support internal audits, regulatory examinations, and governance reviews.
• Maintain strong control frameworks related to access management, change management, and data integrity.

Required Qualifications

Experience

• 12+ years of experience as a Technical Business Analyst or Systems Business Analyst within financial services technology.
• Strong experience supporting risk management, exposure management, or front-office/risk technology applications.
• Proven ability to work effectively with business users, developers, QA teams, and production support teams in a regulated environment.
• Bachelor's degree in Computer Science, Information Systems, Finance, Mathematics, or a related field.

Technical & Domain Expertise

• Strong knowledge of Counterparty Credit Risk (CCR) and Exposure Management concepts, including derivatives trade lifecycle, market data, PFE, EPE, collateral and margin management, limit monitoring, stress testing, and what-if analysis.
• Experience with batch and intraday risk platforms, data flows, reconciliation processes, and reporting environments.
• Ability to work with SQL, data analysis, interface mapping, ETL workflows, and system integrations.
• Experience creating Business Requirements Documents (BRDs), functional specifications, process flows, test cases, and data mapping documentation.
• Familiarity with JIRA, Confluence, SQL, ServiceNow, and reporting/analytics tools.
• Understanding of SDLC, Agile methodologies, testing lifecycles, and change management processes.

Leadership & Soft Skills

• Strong analytical and problem-solving abilities with the capability to translate complex business and technical issues into actionable solutions.
• Excellent written and verbal communication skills.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Self-motivated, detail-oriented, and capable of working independently as well as collaboratively.
• Ability to facilitate discussions, resolve ambiguity, and build consensus across stakeholders.
• Strong sense of ownership, accountability, and teamwork.

Work Style:

• This role is based in New York, requiring the successful candidate to be on-site (NY office) a couple of times a week.

Contract

Full Time Employee

Compensation:

The expected salary ranges from $120,000 - $150,000, with the potential to exceed the maximum for exceptional candidate skills and experience. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered.