Market Risk Business Analyst

Job Title: Market Risk Business Analyst

Location: London

We are seeking a highly skilled Market & Liquidity Risk Product Analyst to lead the strategic design, delivery, and evolution of risk technology platforms supporting Market Risk, Liquidity Risk, and regulatory requirements. This senior role partners closely with leaders across Risk, Treasury, Finance, and Technology to drive transformation, ensure regulatory alignment, and deliver scalable risk capabilities across global systems.

The places that you work from day to day will vary according to your role, your needs, and those of the business; it will be a blend of Company offices, client sites, and your home; noting that you will be unable to work at home 100% of the time.

• Own end-to-end product strategy and roadmap for Market & Liquidity Risk platforms.
• Act as a senior SME, guiding AVP/Analyst teams and collaborating with Technology on solution architecture.
• Lead complex delivery work streams across analysis, design, testing, and production rollout.
• Enhance product governance, documentation quality, release management, and delivery processes.

• Lead enhancements across key Market Risk capabilities:
  • VaR, Stressed VaR, sensitivities, Greeks
  • Stress testing and scenario design
  • FRTB (SBA, DRC, IMA) translation into system requirements
• Work closely with quants, model developers, and risk managers to refine models, risk factor logic, and data sources.
• Own resolution of calculation issues, data quality challenges, and model output discrepancies.

• Own and enhance product capabilities supporting:
  • LCR, NSFR, ALMM, PRA/ECB liquidity metrics
  • Intraday liquidity monitoring
  • Funding concentration and early‑warning indicators
• Translate regulatory and Treasury requirements into scalable functional solutions.
• Strengthen scenario frameworks and internal liquidity stress tests in partnership with key stakeholders.

• Ensure platform capabilities comply with Basel III/IV, PRA, ECB/SSM, and SRB expectations.
• Lead remediation of regulatory and audit findings, driving sustainable control improvements.
• Represent Product in regulatory reviews, governance committees, and architecture forums.

• Drive enhancements in data sourcing, lineage, controls, and integration across Market & Liquidity Risk flows.
• Lead standardisation of risk data elements and alignment with enterprise architecture programs.
• Oversee reconciliation processes across Risk, Finance, and Front Office.

• Act as the primary point of contact for senior stakeholders across Risk, Treasury, Technology, and Front Office.
• Communicate complex technical and regulatory topics effectively to senior audiences, including MD‑level forums.
• Lead workshops, change management initiatives, training sessions, and communications for major releases.

• Significant Market or Liquidity Risk experience at VP level (experience across both preferred).
• Strong knowledge of Basel, PRA, and ECB/SSM regulatory requirements.
• Proven track record delivering large‑scale risk technology or data transformation programs.
• Strong analytical and documentation skills with ability to convert quantitative and regulatory requirements into technical specs.
• Familiarity with risk platforms such as Murex, Risk Metrics, QRM, or internal engines.
• Excellent stakeholder engagement, communication, and influencing skills.
• Agile delivery experience preferred.

• Declare they have a disability, and meet the minimum essential criteria for the role.
• Please opt in during the application process.

• You'd be joining an accredited Great Place to work for Wellbeing in 2024. Employee wellbeing is vitally important to us as an organisation. We see a healthy and happy workforce a critical component for us to achieve our organisational ambitions. To help support wellbeing we have trained ‘Mental Health Champions’ across each of our business areas, and we have invested in wellbeing apps such as Thrive and Peppy.
• You will be…