Credit Risk Business Analyst
- Recruiter
- Confidential
- Location
-
London
South East EnglandUnited Kingdom
- Salary
- 500.00 - 55017.30 GBP Daily + 17.3% PAYE Uplift p/d
- Posted
- 15 Sep 2021
- Closes
- 13 Oct 2021
- Job Title
- IT Director
- Category
- Information Technology
- Contract Type
- Contract
- Hours
- Full Time
Credit Risk Business Analyst
International Banking Group – initial 6 Month Contract
PAYE Umbrella: to GBP550 + 17.3% PAYE Uplift*
Currently Home Working, Later Central London
As a preferred and trusted recruitment partner to this international banking group for over eight years, we are assisting in the hire of a contract Credit Risk BA to lead the risk stream for onboarding an affiliate onto the securities platform for Interest Rate products. In this role, you will help the securities business prepare its risk systems for credit risk and market risk to onboard a new entity. The role sits within technology and has a responsibility for implementing PFE and intraday/EOD credit risk monitoring.
Key tasks will be to ensure the product mapping on QuIC/IHS Markit FRA for Market Risk and Credit Risk is correct for PV and RISK, new product testing with RAG for BRCP, understanding the new vendor package product maps and how to implement these with the development team, and heavy involvement in Unit testing and e2e testing.
Key Skills / Requirements
*Excellent core BA skills and project lifecycle knowledge with good quantitative abilities
*PFE (Potential Financial Exposure) Experience (implementing a PFE solution for Interest Rate / FX Products)
*IHS Markit Financial Risk Analysts or FRA (formerly known as QuIC) or similar hands–on experience with other vendor or proprietary pricing and risk engines.
*Ability to define and structure test plans, experience of guiding users through UAT phases
*Several years of experience working within and a solid understanding of Credit Risk and Market Risk
*Experience working with Murex beneficial
*Background of investment banking / securities sectors
*Inside IR35 (PAYE Umbrella): This contract is Inside IR35, and you will need to contract via an Umbrella company on PAYE. The day rate on offer is GBP550 + 17.3% Uplift (GBP78.05). The uplift covers Employer's NI (13.8%), Pension (3%) and the Apprenticeship Levy (0.5%) so that these are not deducted from your day rate. The total pay to your umbrella is GBP645.15pd.
We have worked with this client for over eight years and have assisted over 100 individuals secure both contract and permanent IT opportunities here. Feedback from those individuals has always been positive, and almost all contract positions extend beyond their initial term, so renewals are highly likely.
This role would be suitable for those who have worked on assignments as a Credit Risk Business Analyst, Market Risk Business Analyst, Credit Risk BA, Market Risk BA, Technical Risk Business Analyst.
Deerfoot IT Resources Ltd is one of the UK's leading IT Recruitment Agencies. Established in 1997, we have over twenty years of experience as IT Recruitment Specialists and practice a meticulous recruitment service for our clients. We will never send your CV anywhere without your full email authorisation and only after you have seen the full and complete details on this opportunity. Deerfoot is acting as an employment agency in relation to this vacancy.
Each time Deerfoot sends a CV to a recruiting client we donate GBP1 to The Born Free Foundation ((phone number removed))
International Banking Group – initial 6 Month Contract
PAYE Umbrella: to GBP550 + 17.3% PAYE Uplift*
Currently Home Working, Later Central London
As a preferred and trusted recruitment partner to this international banking group for over eight years, we are assisting in the hire of a contract Credit Risk BA to lead the risk stream for onboarding an affiliate onto the securities platform for Interest Rate products. In this role, you will help the securities business prepare its risk systems for credit risk and market risk to onboard a new entity. The role sits within technology and has a responsibility for implementing PFE and intraday/EOD credit risk monitoring.
Key tasks will be to ensure the product mapping on QuIC/IHS Markit FRA for Market Risk and Credit Risk is correct for PV and RISK, new product testing with RAG for BRCP, understanding the new vendor package product maps and how to implement these with the development team, and heavy involvement in Unit testing and e2e testing.
Key Skills / Requirements
*Excellent core BA skills and project lifecycle knowledge with good quantitative abilities
*PFE (Potential Financial Exposure) Experience (implementing a PFE solution for Interest Rate / FX Products)
*IHS Markit Financial Risk Analysts or FRA (formerly known as QuIC) or similar hands–on experience with other vendor or proprietary pricing and risk engines.
*Ability to define and structure test plans, experience of guiding users through UAT phases
*Several years of experience working within and a solid understanding of Credit Risk and Market Risk
*Experience working with Murex beneficial
*Background of investment banking / securities sectors
*Inside IR35 (PAYE Umbrella): This contract is Inside IR35, and you will need to contract via an Umbrella company on PAYE. The day rate on offer is GBP550 + 17.3% Uplift (GBP78.05). The uplift covers Employer's NI (13.8%), Pension (3%) and the Apprenticeship Levy (0.5%) so that these are not deducted from your day rate. The total pay to your umbrella is GBP645.15pd.
We have worked with this client for over eight years and have assisted over 100 individuals secure both contract and permanent IT opportunities here. Feedback from those individuals has always been positive, and almost all contract positions extend beyond their initial term, so renewals are highly likely.
This role would be suitable for those who have worked on assignments as a Credit Risk Business Analyst, Market Risk Business Analyst, Credit Risk BA, Market Risk BA, Technical Risk Business Analyst.
Deerfoot IT Resources Ltd is one of the UK's leading IT Recruitment Agencies. Established in 1997, we have over twenty years of experience as IT Recruitment Specialists and practice a meticulous recruitment service for our clients. We will never send your CV anywhere without your full email authorisation and only after you have seen the full and complete details on this opportunity. Deerfoot is acting as an employment agency in relation to this vacancy.
Each time Deerfoot sends a CV to a recruiting client we donate GBP1 to The Born Free Foundation ((phone number removed))