Senior Business Analyst – LIBOR/Market Risk
- London, Greater London (GBR)
- £550 - £705.76 Per Day
- 5 Months
- Start date: ASAP
- Ref: HSBCJP00040115
- risk management
- market risk
- business analysis
- stress testing
- reporting
- interest rates
- front office
- foreign exchange
- written communication
- stakeholder management
Job title – Senior Business Analyst – LIBOR/Market Risk
Location – London / Remote
Rate – PAYE £550 / Umbrella £705.76 per day
Start date – ASAP
Contract – 5 months +
Our client HSBC are currently seeking an experienced Senior Business Analyst to join their team in the London office/remote working, this contract will be for 5 months with a review to be extended.
Traded Risk Transformation teams are responsible for the delivery of end-to-end projects across market risk. Senior Business Analysts are at the centre of how Global Transformation shapes, delivers and embeds change working with the business and our delivery partners.
Primarily, the Senior Business Analyst will be responsible for managing and executing the analysis activity within one or more of the priority programmes. They will support the Requirements Management, Design, Change Management and Implementation Management activities during project delivery. Business Analysts often act as experts across multiple projects and programmes simultaneously, guiding the various teams through the various phases.
Alongside project delivery responsibilities, the Business Analyst will work closely with the Project Management Office, Process Consultants and Business Consultants to ensure analyst resources are utilised effectively and resource supply meets the needs of upcoming project demand.
The assignment for this role will on a Libor Transition Program where the role holder will focus on Global requirements and delivery of the strategic infrastructure and new operating model. This will require the role holder to work on time series data and Market Risk shocks and scenarios for VaR and some Stress Testing.
The LIBOR Transition program is a front office funded project and there is global industry-wide consensus to move away from referencing LIBOR rates and to adopt a new suite of risk-free rate curves (RFRs) and associated products.
Knowledge & Experience
- Broad knowledge of asset classes and their implications in terms of market risk. Specifically looking for experience/exposure in Interest Rates (IR) and Foreign Exchange (FX).
- Understanding of market risk measures used for risk management especially focused on Timeseries and scenario methodologies.
- Strong business analysis experience in Market risk context with exposure to risk factors, timeseries and historical scenarios
- Exposure to market risk reporting platforms and to risk engines
- Previous experience working closely with software delivery (i.e. Risk IT).
- Strong communication skills.
- Strong interpersonal skill with proven ability of organisational planning, resource mobilization and problem solving.
- Previous experience working closely across multiple regions
- Focused and delivery-driven with ability to meet tight deadlines
- Ability to adapt and prioritise appropriately in a fast moving and often evolving environment.
- Pragmatic decision-making capability.
- Excellent interpersonal, verbal and written communication skills are vital for this role
- Team player with good interpersonal and stakeholder management skills.
- Willingness to dig into details; appetite, enthusiasm and desire to acquire technical and systems knowledge; initiate change and execute strategy
Educational Requirements
- Educated to at least degree level
- Additional qualifications in Risk would be useful
- Additional qualifications in business analysis would be useful
Please also see below link to our HSBC Career hub: -
https://jobs.elevatedirect.com/tapfin/index.html
If you are relevant or interested please don’t delay, contact me on 0161 503 5522 / carrisa.armstrong@jeffersonwells.co.uk
