Job Information
Motion Recruitment Partners Business Analyst in New York, New York
Business Analyst
New York, NY
Hybrid
Contract
$91/hr - $98/hr
Grow your career as a Business Analyst with an innovative global bank in New York, NY. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will join the team and contribute to the successful design and implementation of the Basel Fundamental Review of the Trading Book (FRTB) market risk capital rule requirements. Will collaborate with cross-functional teams to ensure compliance and effective integration of FRTB requirements into the company’s risk management policies, procedures and systems. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6+ Months
Required Skills & Experience
Bachelor’s/University degree.
5+ years of business analysis experience.
Deep understanding and experience with market risk, regulatory rules and ideally in delivering regulatory initiatives.
Hands-on experience with Basel and/or FRTB guidelines.
Proficiency in risk management data analysis and tools.
Knowledge of global markets trading products and services, e.g. Fixed Income, Equity, Currencies & Commodities.
Understanding of Front Office trading processes and trade lifecycle within a large bank/dealer.
Experience in designing and implementing business processes and associated business requirements documentation.
Exposure to analyzing legislative and regulatory texts and associated legal analysis.
Fluency in MS Office suite.
Desired Skills & Experience
Master’s degree.
Project management background with experience of project management techniques in a Markets Front Office environment.
Knowledge of internal company systems.
What You Will Be Doing
Design and Implementation: Lead and support the design and implementation of elements of the Basel III, End game, FRTB market risk capital rule requirements.
Regulatory Compliance: Ensure that the implementation meets all regulatory standards and requirements.
Project Management: Project manage and deliver required enhancements and/or remediation across a number of Trading Desks.
Risk Assessment: Conduct comprehensive risk assessments to identify and address data elements and processes that do not align with FRTB requirements.
Stakeholder Engagement: Collaborate with internal stakeholders, including Finance, Market Risk, Technology, Legal and others.
Documentation: Develop detailed documentation and reports outlining the implementation process, methodologies and outcomes.
Training and Support: Provide training and support to internal teams on FRTB requirements and related processes.
Continuous Improvement: Stay updated with regulatory developments and industry best practices to continuously improve the implementation process.
Technology Enhancement: Partner with Technology teams to develop sustainable solutions supporting the Program including enhanced controls and streamlining/automation initiatives.
Issue Management: Identify, prioritize and proactively manage dependencies, risks, exceptions and issues.
You will receive the following benefits:
Medical Insurance - Four medical plans to choose from for you and your family
Dental & Orthodontia Benefits
Vision Benefits
Health Savings Account (HSA)
Health and Dependent Care Flexible Spending Accounts
Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
Hospital Indemnity Insurance
401(k) including match with pre and post-tax options
Paid Sick Time Leave
Legal and Identity Protection Plans
Pre-tax Commuter Benefit
529 College Saver Plan
Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.
Posted by: Melissa Klein
Specialization: Business Analyst