Senior IT Business Analyst

Hi,

Please go through the below requirements and let me know your interest and forward your resume along with your contact information to

Role : Senior IT Business Analyst

Location : New York City, NY or New Jersey, NJ (Hybrid)

Duration : Long Term - Contract

Job Description:

Must have Skills: Credit Risk, Counterparty Credit Risk, Regulatory Capital calculations

Banking domain experience is must

Job Role:

We are seeking a highly skilled and experienced IT Business Analyst to join our dynamic Credit Risk technology team. As a Senior IT Business Analyst, you will play a crucial role in building and enhancing Credit Risk Regulatory Capital Calculations / applications.

Responsibilities:

Requirements Gathering: Collaborate with stakeholders, customers, and product owners to gather and document business requirements for financial products and applications.

Business Analysis: Analyze data, customer needs to inform/assist product development.

Solution Design: Develop and propose solutions, creating detailed business requirements documents (BRDs), use cases, and user stories.

Stakeholder Management: Communicate and manage expectations with stakeholders, including project managers, developers, QA engineers, and business leaders.

Requirements Validation: Validate requirements through prototyping, user acceptance testing (UAT), and feedback sessions.

Project Coordination: Assist project managers in planning, tracking, and delivering projects.

Testing and Quality Assurance: Participate in testing, identify defects, and collaborate on resolution.

Documentation: Maintain accurate records of requirements, design documents, and project artifacts.

Compliance: Ensure adherence to regulatory requirements, industry standards, and organizational policies.

Process Improvement: Identify opportunities for process enhancements and implement changes.

Qualifications:

Education: Bachelor's/master’s degree in business administration, Finance, Computer Science, or related fields.

Experience: 10-15 years of experience in business analysis, financial products, or application development.

Domain Knowledge: Strong understanding of Credit Risk, Counterparty Credit Risk, Regulatory Capital calculations (CEM and SA-CCR), Basel 3 and Basel 3.1 regulations, FR Y-15 and FR Y-9C reporting, CCAR.

Analytical Skills: Excellent analytical, problem-solving, and critical thinking skills.

Communication: Effective communication, presentation, and interpersonal skills.

Technical Skills: Efficient in writing SQL queries. Familiarity with Agile methodologies, Jira, Visio, and requirements management tools.

Experience working in global delivery model (onshore/offshore/nearshore)

Certifications: Good to have Business Analysis certifications (CCBA, CBAP) or financial certifications (CFA, FRM)