My client is seeking a highly skilled and experienced IT Business Analyst to join our dynamic Credit Risk technology team. As a Senior IT Business Analyst, candidate will play a crucial role in building and enhancing Credit Risk Regulatory Capital Calculations / applications.

Responsibilities:

• Requirements Gathering: Collaborate with stakeholders, customers, and product owners to gather and document business requirements for financial products and applications. 
• Business Analysis: Analyze data, customer needs to inform/assist product development. 
• Solution Design: Develop and propose solutions, creating detailed business requirements documents (BRDs), use cases, and user stories. 
• Stakeholder Management: Communicate and manage expectations with stakeholders, including project managers, developers, QA engineers, and business leaders. 
• Requirements Validation: Validate requirements through prototyping, user acceptance testing (UAT), and feedback sessions. 
• Project Coordination: Assist project managers in planning, tracking, and delivering projects. 
• Testing and Quality Assurance: Participate in testing, identify defects, and collaborate on resolution. 
• Documentation: Maintain accurate records of requirements, design documents, and project artifacts. 
• Compliance: Ensure adherence to regulatory requirements, industry standards, and organizational policies. 
• Process Improvement: Identify opportunities for process enhancements and implement changes.

Requirements:

• Education: Bachelor's/master’s degree in business administration, Finance, Computer Science, or related fields.  
• Experience: 10-15 years of experience in business analysis, financial products, or application development. 
• Domain Knowledge: Strong understanding of Credit Risk, Counterparty Credit Risk, Regulatory Capital calculations (CEM and SA-CCR), Basel 3 and Basel 3.1 regulations, FR Y-15 and FR Y-9C reporting, CCAR.  
• Analytical Skills: Excellent analytical, problem-solving, and critical thinking skills. 
• Communication: Effective communication, presentation, and interpersonal skills. 
• Technical Skills: Efficient in writing SQL queries. Familiarity with Agile methodologies, Jira, Visio, and requirements management tools.
• Experience working in global delivery model (onshore/offshore/nearshore)
• Certifications: Good to have Business Analysis certifications (CCBA, CBAP) or financial certifications (CFA, FRM).