Credit Risk Business Analyst - PFE
Posted 7 days ago by Luxoft
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Credit Risk Business Analyst - PFE role at Luxoft involves supporting the adoption of Potential Future Exposure (PFE) while ensuring compliance with regulatory requirements. The position focuses on risk technology projects within the Business Analyst team, emphasizing the delivery of Credit Risk Enhancement initiatives and collaboration with various teams. The role requires strong technical analysis skills and the ability to document and validate pricing models.
Key Responsibilities:
- Drive delivery of Credit Risk Enhancement initiatives from a technology perspective.
- Perform detailed technical analysis and design for infrastructure updates related to Credit Risk.
- Document user requirements and validate pricing/simulation models using Markit FRA.
- Map trade and market data from trade systems to FraimWRX format.
- Collaborate with business teams to define solutions for EOD/intraday credit risk monitoring.
- Partner with technology project management and vendors to define schedules and validate updates.
- Define testing methodologies and execute tests for new product development.
- Ensure smooth handover of new processes to production teams and remediate issues.
- Build strong relationships across technology risk, risk analytics, market and credit risk management, and front office teams.
Key Skills:
- Strong quantitative background with experience in counterparty credit risk and PFE models.
- Hands-on experience with vendor risk engines (e.g., IHS Markit FRA/FraimWRX, Murex, or similar).
- Proficiency in SQL, .NET, Excel VBA; exposure to Python or SAS preferred.
- Familiarity with Power BI and Control-M.
- Strong business analysis skills and full project lifecycle knowledge.
- Experience in defining test plans and guiding UAT phases.
- Strong experience within IB in credit risk domains, including PFE solutions for IR, FX, and Loan products.
- Prior experience with FraimWRX and/or Murex is a nice-to-have.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Join Luxoft to support the delivery of the client’s Potential Future Exposure (PFE) adoption, ensuring compliance with PRA/ECB regulatory requirements and alignment with methodologies used across Bank and Securities. This role sits within the Business Analyst team, focusing on risk technology projects.
Key Responsibilities:
- Drive delivery of Credit Risk Enhancement initiatives from a technology perspective.
- Perform detailed technical analysis and design for infrastructure updates related to Credit Risk.
- Document user requirements and validate pricing/simulation models using Markit FRA.
- Map trade and market data from trade systems to FraimWRX format.
- Collaborate with business teams to define solutions for EOD/intraday credit risk monitoring.
- Partner with technology project management and vendors to define schedules and validate updates.
- Define testing methodologies and execute tests for new product development.
- Ensure smooth handover of new processes to production teams and remediate issues.
- Build strong relationships across technology risk, risk analytics, market and credit risk management, and front office teams.
Skills:
- Strong quantitative background with experience in counterparty credit risk and PFE models.
- Hands-on experience with vendor risk engines (e.g., IHS Markit FRA/FraimWRX, Murex, or similar).
- Proficiency in SQL, .NET, Excel VBA; exposure to Python or SAS preferred.
- Familiarity with Power BI and Control-M.
- Strong business analysis skills and full project lifecycle knowledge.
- Experience in defining test plans and guiding UAT phases.
- Strong experience within IB in credit risk domains, including PFE solutions for IR, FX, and Loan products.
- Nice-to-Have: Prior experience with FraimWRX and/or Murex.