We are hiring a Business Analyst specializing in Credit and Market Risk to join our financial services team in Chennai. In this role, you will be responsible for analyzing risk exposure, developing mitigation strategies, and ensuring compliance with global regulatory frameworks. You will act as a vital link between the Risk Management department and IT teams to implement robust data-driven solutions for assessing counterparty and market volatility.

Key Responsibilities:

• Risk Assessment: Conduct deep-dive analyses into creditworthiness and market risk factors (interest rates, foreign exchange, and equity volatility).

• Requirement Management: Translate complex risk management needs into functional specifications and user stories for technical teams.

• Regulatory Compliance: Monitor and implement changes related to Basel III/IV, IFRS 9, and other local RBI regulatory requirements.

• Technical Troubleshooting: Identify and resolve data quality issues within risk reporting systems using SQL.

• Stakeholder Management: Collaborate with Quants, Traders, and IT Leads to refine risk models and valuation techniques.

• UAT Support: Coordinate and execute User Acceptance Testing for new risk platform features or model updates.

Requirements:

• Experience: 3–7 years of experience as a Business Analyst within Investment Banking or Financial Services.

• Domain Knowledge: Strong understanding of Credit Risk (PD, LGD, EAD) and Market Risk (VaR, Stress Testing, Greeks).

• Education: Bachelors degree in Finance, Engineering, or Math. An MBA or certifications like FRM (Financial Risk Manager) or CFA are highly preferred.

• Analytical Skills: Proven ability to handle large datasets and perform root-cause analysis on risk metrics.

Technical Requirements:

• SQL: Proficiency in writing complex queries for data extraction and validation.

• Risk Platforms: Exposure to platforms like Murex, Calypso, or Moodys RiskCalc is a plus.

• Tools: Expert user of JIRA, Confluence, and advanced Excel (VBA/Power Query).

• Visualization: Experience creating risk dashboards in Power BI or Tableau.

Work Details:

• Location: Chennai, Tamil Nadu (OMR/Perungudi/DLF IT Park hubs).

• Mode: Hybrid (3 days on-site, 2 days remote).

• Shift: Standard Business Hours (with occasional overlap for UK/US stakeholders).

• Compensation: Competitive salary (market-aligned) + performance-linked bonuses.

• Top Employers in Chennai: Firms like NatWest Group, Shell, Societe Generale, Virtusa, and Barclays are actively hiring for this profile.