Credit Risk Business Analyst

Job Title: Credit Risk Business Analyst

Work Location: New York City, NY(Onsite)

Duration: 6 months

Experience: 10 12 Years

Domain: Banking /Financial Services Credit Risk

Mandatory Skills: Hands on Credit Risk Business Analyst, Risk Management (Credit/Market/IT/Ops)

Job Summary

We are seeking an experienced Credit Risk Business Analyst with strong expertise in wholesale commercial or retail banking credit risk processes. The candidate will work closely with Risk Management Business Regulatory and Technology teams to gather requirements, define solutions and support the implementation of credit risk platforms regulatory initiatives and risk analytics programs

Key Responsibilities:

• Collaborate with Credit Risk Analytics Business and Technology stakeholders to gather analyze and document business requirements
• Prepare Business Requirement Documents BRDs Functional Requirement Documents FRDs user stories process flows and data mapping documents
• Analyze credit risk workflows including origination underwriting rating limit management monitoring and reporting
• Work with risk models and data teams to support implementation of Probability of Default PD Loss Given Default LGD Exposure at Default EAD and Expected Credit Loss ECL frameworks
• Support regulatory initiatives related to Basel IIIIV IFRS 9 CECL CCAR and Stress Testing
• Perform data analysis reconciliation and validation of risk data sourced from multiple banking systems
• Facilitate UAT planning test case preparation execution and defect management
• Conduct stakeholder meetings, workshops and requirement walkthrough sessions
• Ensure traceability of requirements from business needs through design testing and deployment

Required Skills:

• Strong knowledge of Credit Risk Management processes and banking products
• Experience with Wholesale Banking, Commercial Lending, Corporate Banking or Retail Credit Risk
• Strong business analysis skills including requirement gathering process modeling and stakeholder management
• Knowledge of Basel regulations IFRS 9 CECL Stress Testing or CCAR
• Experience with SQL for data analysis and validation
• Handson experience with Jira Agile and Scrum methodologies
• Strong expertise in data mapping data lineage and reconciliation activities
• Excellent communication and documentation skills

Preferred Skills

• Experience with Moodys MSCI Risk Metrics AxiomSL SAS FIS Murex or other Risk platforms
• Knowledge of Risk Data Aggregation and Reporting BCBS 239
• Exposure to Data Warehousing Data Governance and BI reporting tools
• Familiarity with cloud platforms and AI driven risk analytics solutions

Qualifications:

• Bachelors or Masters degree in Finance Business Economics Mathematics Computer Science or related discipline
• Relevant certifications such as CBAP FRM CFA PMP or Agile certifications are preferred

Key Competencies

• Credit Risk Analysis
• Regulatory Reporting
• Data Analysis SQL
• Stakeholder Management
• Requirement Elicitation
• UAT Testing
• Banking Domain Expertise
• Agile Delivery