Business Analyst - Financial markets

Westpac_Market Risk Business Analyst • $170k $200k plus super • Line 4 highlighted below is important, language is flexible eg, python / shell but they need experience in config of market risk calculations • This is a tech BA role sql and capital markets knowledge needed • Sydney or Melbourne Project Description: We have been engaged by a large Australian Bank to provide experienced consultants to support their Market Risk technology as part of some migration, maintenance and upgrade. The program focuses on delivering a steady and efficient risk management platform for Treasury Front Office, TMO, and Risk teams to effectively manage the bank's funding and market risk exposures. Role involves bringing deep expertise of market risk functions, drive change initiatives, and work closely with business stakeholders to ensure seamless delivery of enhancements and new functionalities with minimum / no disruptions to business functionalities.

Responsibilities

Lead Market Risk enhancements and optimizations in the bank's platform Participate in functional testing and parallel run activities to test Mark to market differences and trade completeness between front office and risk system (FIS). Validate and analyze market and reference data for all the asset classes such as Bonds and IR Future, Commodities, Cap/Floor, Swaption, etc for Market risk & FRTB regulations. Maintain and update risk database for the FIS risk engine requirement and build controls to validate the data lineage and integrity Analyze and resolve issues related to FIS system configuration, pricing, sensitivities, and market data for the current production trades.

Mandatory Skills

Description: 8years of experience as a Market Risk BA Deep expertise in Market Risk Models, FRTB and asset classes including MM, Fixed Income, FX, and IR Derivatives Excellent understanding on pricing derivatives and option products, configuring market data / curves Proven ability to develop, configure, and optimize Market Risk calculations independently Experience in configuring and running risk computations including reval runs, normalized runs Strong business stakeholder management skills, with experience in running risk measure validations Extensive hands-on experience in Market Risk functional validations (e.g., Interest Rate VaR, Stress Testing) Expertise in configuring and validating various Market Risk measures such as VaR, PV01, CR01, and PnL vectors Strong analytical skills to explain differences in VaR results between Murex and other risk systems Good understanding of Oracle and/or SQL Server RDBMS, with strong SQL skills for data analysis and validation Nice-to-Have

Skills

Description: Experience with Unix/Linux environments and scripting (Shell, Python, etc.) Experience on lading OTC trading platforms Murex, Calypso, FIS Exposure to GIT for version control Good knowledge of CI/CD methodologies and tools Understanding of regulatory risk requirements (FRTB, Basel framework, etc.)