Senior Business Analyst - Credit Risk Senior Associate

As an experienced Techno-Functional Business Analyst at a major Australian bank, your role will involve supporting the Risk Technology function in migration, maintenance, upgrade, and optimization initiatives. You will work closely with Treasury Front Office, TMO, and Risk teams to deliver a stable and efficient risk management platform for market and funding risk management. Your expertise in Python, SQL, and front-end technologies will be crucial for this role. Key Responsibilities: - Act as a bridge between business, risk, and technology teams by translating market risk requirements into scalable solutions. - Perform detailed functional analysis, validate risk outputs, and contribute to automation, user interface enhancements, and data-driven controls across the risk platform. - Support enhancements and optimization initiatives for Market and Credit Risk across the bank's risk technology platform, encompassing functional analysis and technical solution support. - Collaborate with business stakeholders, Risk, Front Office, quantitative analysts, and IT teams to gather requirements. - Participate in functional testing and parallel run activities to validate mark-to-market differences and risk measure accuracy between front-office and risk systems. - Validate and analyze market and reference data across asset classes for Market Risk and FRTB. - Maintain, query, and optimize risk data structures and databases for the risk engine and associated systems. - Develop and utilize Python and SQL-based tools for data analysis, validation, reconciliation, control reporting, test automation, and issue investigation. - Support front-end enhancements for internal tools, dashboards, and business workflows using AI technologies. - Analyze and resolve issues related to system configuration, pricing, sensitivities, market data, and trade processing. - Own and lead implementation of Market Risk configurations, including stress testing, back-testing, scenario analysis, and reporting frameworks. - Conduct impact analysis and validation of risk measures such as VaR, PV01, CR01, sensitivities, and PnL vectors. - Troubleshoot and debug complex issues in risk calculations, data flows, interfaces, and reporting outputs. - Prepare and review business requirement documents, functional specifications, and user documentation across risk streams. Qualifications Required: - 8+ years of experience as a Business Analyst in Risk domains, with a strong techno-functional delivery background. - Deep knowledge in Risk models, FRTB, and asset classes including Money Markets, Fixed Income, FX, IR Derivatives, and option products. - Good understanding of pricing, valuations, sensitivities, market data configuration, yield curves, and risk calculations across capital markets products. - Strong hands-on SQL skills for querying, validating, reconciling, and analyzing large datasets in Oracle and/or SQL Server environments. - Hands-on Python experience for data analysis, automation, reconciliation, reporting, and issue investigation in capital markets or risk platforms. - Experience working with technologies such as Java, .net, JavaScript to support business-facing dashboards or workflow tools. - Experience in Market / Credit Risk functional validations, including Interest Rate VaR, Stress Testing, LGD, PFE, EE, and related risk measures. - Analytical skills to investigate and explain differences in valuations and VaR/ES results between Front office and other risk systems. - Strong stakeholder management and communication skills. - Experience with OTC trading and risk platforms such as Murex, Calypso, and FIS. - Experience with Unix/Linux environments and scripting for operational support and automation. - FRM, CQF, CFA, or similar relevant certification. As an experienced Techno-Functional Business Analyst at a major Australian bank, your role will involve supporting the Risk Technology function in migration, maintenance, upgrade, and optimization initiatives. You will work closely with Treasury Front Office, TMO, and Risk teams to deliver a stable and efficient risk management platform for market and funding risk management. Your expertise in Python, SQL, and front-end technologies will be crucial for this role. Key Responsibilities: - Act as a bridge between business, risk, and technology teams by translating market risk requirements into scalable solutions. - Perform detailed functional analysis, validate risk outputs, and contribute to automation, user interface enhancements, and data-driven controls across the risk platform. - Support enhancements and optimization initiatives for Market and Credit Risk across the bank's risk technology platform, encompassing functional analysis and technical solution support. - Collaborate with business stakeholders, Risk, Front Office, quantitative analysts, and IT teams to gather requirements. - Participate in functional testing and parallel run activities to validate mark-to-market differences