Market Risk Business Analyst - Stress Testing - Jersey ...

Job Title: Market Risk Senior Business Analyst - Stress TestingExpected Duration: 6+ MonthsLocation: Jersey City, NJNote: Only on W2Job Description:This role will be part of the Market Risk Technology Team. This team is responsible for delivering market risk technology and software solutions for Client's First and Second Line of Defense. Software solutions from this group include high-throughput feed processing engines to process factor sensitivities and market data, high-performance pricing calculation engines to calculate Value at Risk (VaR), Stress Testing and limit utilization calculations, and high-availability big data lakes for sharing risk metrics and stress results with Front Office, Risk, and Finance organizations.Responsibilities:• Identify business requirements arising from Risk Managers or related teams and for correct implementation in the Market Risk Technology infrastructure.• Build strong relations with various partner groups and stakeholders, including Market Risk Managers, Risk Control, Risk Reporting, Technology, etc.Qualifications and Skills• 12+ years of experience as a lead business analyst in the financial services industry.• In-depth knowledge of Market Risk concepts such as Stress Testing, Value at Risk (VaR), capital calculation.• Ability to understand risk models and statistical concepts and interact with developers as partners to drive improvements in Stress Testing, Value at Risk (VaR), and capital calculations.• Excellent analytical, technical, andor statistical skills with proven ability to translate large volumes of data.• Advanced skills in Excel, SQL, and data management. Knowledge of additional programming languages a plus.

Created: 2025-03-09