Business Analyst

About the Position

We are seeking a skilled Business Analyst with 5+ years of experience in Credit Valuation Adjustment and Credit Risk projects to join our team in London.

Responsibilities

• Analyse and validate the BA-CVA calculations from the third-party vendor product
• Document findings, processes, and workflows where applicable
• Gather, analyse, and document business requirements related to SA-CCR, CCR, and regulatory capital calculations
• Engage stakeholders for review, input, and where applicable, sign off
• Collaborate with the technical team to document and test the third-party vendor product BA-CVA calculations
• Support E2E (end to end) testing UAT to validate BA-CVA calculations
• Liaise with vendor where applicable

Requirements

MUST BE:

• Able to conduct Independent verification and E2E test of Basic Approach CVA calculations

MUST HAVE:

• Ideally 5+ years of experience supporting financial institution(s) working as a Business Analyst on Credit Valuation Adjustment / Credit Risk projects
• Strong understanding of SA-CCR regulations and methodologies
• Knowledge of Credit Valuation Adjustment calculations
• Ability to analyse and interpret CVA calculations
• Experience of working alongside vendors in delivering integrated solutions
• Demonstrable experience in all areas of responsibility stated above

Functional / Technical Competencies:

• Solid communication and analytical skills - both written and oral
• Business analysis experience working for a top tier bank or consultancy
• Thorough understanding of the project lifecycle and experience of compiling scope, requirements, and testing documents
• An understanding of Technology and software development lifecycles
• Knowledge of Derivatives products
• Knowledge and experience of Regulatory projects, including regulatory reporting
• Good network building and relationship forming skills with stakeholders
• Ability to work as part of a team as well as independently, including in direct relation with Senior Management
• Proficient with core Microsoft desktop software

Nice to Have

• Prior experience working with Moody’s Risk Authority (RAY) is preferred but not essential

We Offer

• Competitive salary
• Opportunity to work in a dynamic and innovative environment
• Professional development opportunities

About the Company

Luxoft is a global leader in digital transformation and technology services, dedicated to helping clients achieve their business goals through cutting-edge technology solutions.