Credit Risk Business Analyst Job Description
Credit risk business analyst
provides direct support within the Credit Risk Review group in the evaluation and analysis of all consumer credit risk.
Credit Risk Business Analyst Duties & Responsibilities
To write an effective credit risk business analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included credit risk business analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Control Data Management, 70%
WCAS Data Strategy
On-going oversight of Control Data
Serve as SME and the source of information for various stakeholder groups on Control Data meaning, structure and usage
Serve as Business Owner of Control Data business dictionary (Risk Information Guide)
Define and drive operational improvements around Control Data Management
Maintain stakeholder list and be the main point of contact for numerous stakeholder groups
Create and maintain communication plan
Closely partner with Technology, Operations and Reporting on various aspects of Control Data management processes
Contribute into definition and implementation WCAS data strategy
Credit Risk Business Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Risk Business Analyst
List any licenses or certifications required by the position: FRM, PRM, PMP, CFA, SAS, PRINCE2
Education for Credit Risk Business Analyst
Typically a job would require a certain level of education.
Employers hiring for the credit risk business analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Engineering, Business, Computer Science, Mathematics, Statistics, Education, Management, Graduate
Skills for Credit Risk Business Analyst
Desired skills for credit risk business analyst include:
System testing and end-user maintenance
Credit risk within Corporate Credit Analysis
Global Risk Review
Loan
Monitoring of Credits
Policies & Reporting
Workouts
Banking products
Basel II/III would be an added advantage
Financial products across various asset classes
Desired experience for credit risk business analyst includes:
Good Credit Risk experience
Proven track record in assisting the delivery of complex IT development projects in financial institutions with a globally distributed team
Working with clients to elicit business requirements and specify functional requirements
High degree of flexibility and “can do” attitude
Working with development teams to define effective solutions
Defining test scenarios for testing teams
Credit Risk Business Analyst Examples
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Credit Risk Business Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a credit risk business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk business analyst
- Maintain an open dialogue with users and stakeholders and regular reporting of project costs and progress to management and project stakeholders at all levels of the organisation
- Build and enhance existing capabilities through research into new methodologies
- Qualifications in actuarial studies, finance, engineering, and/or related discipline
- Experience in a quantitative analyst position within financial services and/or within an analytical position focusing on credit risk will be an advantage
- Availability to work flexible hours to cater for different time zones
- Business and data analysis in support of various application and projects requirements
- Assist developers with implementation of data and business rules
- Project Life Cycle activities including requirements definition, design, testing and documentation
- Strong experience within counterparty credit risk
- Excellent communication and interpersonal skills, as projects will require interaction and synchronisation with other teams
Qualifications for credit risk business analyst
- UML knowledge / experience
- Ability to analytically and logically define a problem and steps to find solutions
- Intellectual curiosity to drill into mathematical details and understand factors driving different valuations of products
- Product knowledge in Rates or FX derivatives will also be considered
- Knowledge on database queries
- Experience of using in-house quant analytic libraries
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Credit Risk Business Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of credit risk business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk business analyst
- Providing training material and/or presentations on the change to end-users
- Be a self starter who can manage challenging workloads across multiple work streams and work autonomously
- Have previous experience managing system and business process changes
- Demonstrate at least 5 years experience as a Business Analyst within a financial services environment, preferably in an Investment Bank
- Strong written and verbal communication with ability to tailor to audience (Business and Technology) and purpose (Updates / Testing Evidence / Training) is essential
- Regulatory Delivery - implementation of a range of regulatory reporting capabilites, processes and applications for Basel 3 US regs
- Have strong experience in data related projects
- Have full project life cycle experience
- It would be advantageous to have experience with U.S. Basel III, or similar regulatory experience
- Communicate clearly with all stakeholders and demonstrate an understanding of business processes and related issues
Qualifications for credit risk business analyst
- Good development background
- Knowledge on Python
- Isolating and identifying problems
- Interpreting and executing plans, covering the full range of testing and implementation
- Documenting all work carried out to a high standard
- Supporting and influencing the project team in achieving its goals
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Credit Risk Business Analyst Job Description
Job Description Example
Our growing company is looking for a credit risk business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk business analyst
- Define Business Requirement Document and business rules to on-board and develop transformation rules in strategic platform
- Perform extensive data analysis to get insights of data and liaise with technology partners to design data model, staging areas, ETL and transformation implementation
- Define centralized control reference data to be applied consistently across all credit risk models
- Define rules and requirement for developing a time-series and panel view of data to build statistical models for credit risk
- Define requirement and analysis for creating analytics dashboard and data visualization
- Build wireframes and mock screens to develop user interface tool for data manipulations and workflow management
- Perform UAT and post production testing
- Writing Business Requirements Documents, detailing the credit IFRS9 specifications, including data and systems requirements
- Providing analysis to support the development of the policy aimed at allocating exposures to the correct impairment treatment
- Providing analysis to support the development of the process to apply forward-looking macroeconomic adjustments to the provision models
Qualifications for credit risk business analyst
- Understand business processes, review & suggest improvements
- Suggest ways to automate business processes
- Excellent knowledge of Credit Risk Data and knowledge of database INSIGHT and STARR
- Excellent people skills and stakeholder management skills
- Good knowledge of Capital Markets and financial instruments (P)
- Qualified candidate should be able to work in a very dynamic environment and prioritize task efficiently
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Credit Risk Business Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of credit risk business analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit risk business analyst
- Assess impact of the IFRS9 parameters to overall impairment – carrying out 'what if' analysis to contrast and compare different sets of assumptions
- Define detailed reporting requirements to be implemented in the automated IFRS9 solution
- Updating the Group Project team on status of key deliverables
- Support the IFRS9 systems solution implementation and testing
- Support business areas stakeholders during the transition to IFRS9, providing transparency around the drivers behind the movement of impairment numbers
- Support the Risk Management Group is identifying and addressing interdependencies between IFRS9 and other strategic initiatives
- Engage UI/UX Designers, Users on Product design, testing for continuous feedback, by conducting user interviews, synthesizing findings and learning with the team, and using feedback to groom and prioritize product backlog
- Work with the team to prioritize, and implement pipeline(s) for continuous release and deployment
- Lead engagement of external parties (business, tech) where there are product dependencies
- Engage Users to define user story acceptance criteria, and validate user stories for acceptance
Qualifications for credit risk business analyst
- ANSI SQL experience (Oracle/MS SQL/DB2)
- Exposure to version control and software build tools
- ITIL Framework Knowledge/Understanding
- At least 2 years Market Risk/Credit Risk IT or Business Change experience
- Understanding of VaR calculations, sensitivities and market data
- Basic knowledge of the trade lifecycle
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Credit Risk Business Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of credit risk business analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk business analyst
- Coordination of a project within many other teams
- Gathering workload estimates, maintaining the planning
- Getting Commitment from teams
- Status report
- Anticipating tasks to be able to meet project milestones
- Raise risk to management
- Plan project activities using a standardized tool (Clarity)
- Write project documentation (BR, Studies, Project initiation documents, User sign off)
- Perform extensive data analysis
- Assess and perform data quality checks and data analysis
Qualifications for credit risk business analyst
- Java Development exposure
- Familiar with data extraction and simple SQL
- Displays good interviewing and facilitation skills Solid understanding and use of tools associated with the role
- Business Analyst experience in projects involving IR products, credit risk, collateral or pricing
- Experience in a role which involves working with IR products in detail (ie
- Experience in collateral management, or a strong understanding of collateral/the front to back impact of collateral structures