Business Analyst - Risk Systems

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients' recruitment team and provide professional interim and temporary resources.

Our investment banking client has been present in the UK for more than 150 years, they're a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.
On behalf of this organisation, AMS are looking for a Business Analystfor an initial 6 month contract based in London with remote work available.

Purpose of the Role:

As a Business Analyst working within the Risk Systems function you will support all risk initiatives, actions and other risk teams as part of the MCL (Market, Counterparty, Liquidity) Cluster. RISK is an independent function whose mission is to advise the bank's top management on risk appetite, to provide fast and reliable information about the risk profile, to offer high quality risk measurement/quantification and risk management expertise to the group's stakeholders.

Responsibilities of the role:

As a Business Analyst within RISK Systems you will be responsible for driving the following activities on your portfolio of projects:

• Requirements gathering and functional architecture design:
  • Participates, in relation with a wide range of stakeholders (Quant teams, Risk Managers, Front Office) to understand and document business requirements, document changes to technology systems and contributes to functional architecture of software systems.
  • Leverage on desktop tools to extract and analyse data to understand current state and specify changes.
  • Design diagrams to communicate different aspects of functional architecture to stakeholders.
  • Participates in the Business validation of the needs throughout the entire process and to the validation of the dependencies with all stakeholders.
  • Participates in the generation of project governance documentation.
• Technical solution facilitation:
  • Contributes to the relationship with development teams within Risk Systems to ensure requirements are understood and technology solutions are designed and built to a high quality standard.
• Testing Strategy and Orchestration:
  • Design and execute testing plans for solutions to validate that business requirements have been met and system performance meets expectations.
• Transition:
  • Contributes, with the help of RISK Systems Service Transition to the deployment of new solutions to production environments, including user on-boarding and training as well as supporting the development of operating models.
• Ad-hoc Analysis:
  • Provide custom analysis to help the bank respond to regulatory enquires or estimate potential cost and complexity of future software deliveries.
• Presentation and Reporting:
  • Generate reporting and prepare and deliver presentations tailored to specific audiences to keep sponsors and stakeholders informed of progress.

What we require from the candidate:

• Understanding of Financial Risk Management disciplines.
• Risk Systems / Stress Testing.
• Market Risk or Pricing experience.
• Knowledge of software project delivery and agile/scaled agile methodologies.
• Knowledge and demonstration of business analysis best practices and industry trends.
• Understanding and experience of working with IT systems.
• Knowledge of Risk Methodologies.
• SQL knowledge, software development being a plus.

Next steps

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.
This client will only accept workers operating via an Umbrella or PAYE engagement model.
AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.