Business Analyst - Capital Markets

Risk Span is a leading source of analytics, modeling, data and risk management solutions for the Consumer and Institutional Finance industries. We solve business problems for clients such as banks, mortgage-backed and asset-backed securities issuers, equity and fixed-income portfolio managers, servicers, and regulators that require our expertise in the market risk, credit risk, operational risk, and information technology domains.

• wTitle
  :
  Financial Business Analyst (Functional / Non-Technical
• )Division
  :
  Corporate Finance / Asset & Liability Management (ALM) & Capital Forecast in

• es1. Requirement Gathering & Cross-Functional Coordinati
• on Bridge Tech Team
  s:
  Act as the primary liaison between quantitative financial engineering teams and business stakeholders (ALM desk
• ).Coordinate Specification
  s:
  Document and coordinate updated model specifications and code fixes across multiple internal development group
• s.Document Methodologie
  s:
  Draft comprehensive methodology documents outlining the business logic behind loan selection, parameter updates, and model change
• is Investigate Discrepancie
  s:
  Analyze counter intuitive forecasting outputs by tracking data through the execution lifecycl
• e.Analyze Financial Driver
  s:
  Identify variance drivers across mortgage-specific behaviors including prepayment, default behavior, buy-up/buy-down fees, and Loan Loss Reserves (LL
  R
• ).Benchmark Forecast
  s:
  Compare and align disparate forecasting models to ensure consistency in critical risk metrics like cohort prices, duration dollars, and convexity valu
  e

• ce Define Test Case
  s:
  Design functional test cases to validate the quality of sampled model outputs against massive full-population runs (13+ million loans
• ).Manage Testing Artifact
  s:
  Author and organize testing documentation, UAT signs-offs, and compliance artifacts required for management approva
• l.Validate Under Stres
  s:
  Review model execution outputs following simulated rate shocks and volatility shocks to ensure ALM hedging stabilit

• on Simplify Complex Dat
  a:
  Translate dense financial engineering data into clear, high-level presentations for senior leadershi
• p.Provide Status Update
  s:
  Deliver weekly status presentations to the ALM trading desk and upper management regarding hedging initiatives and model alignmen

• ons Educati
  on:
  Bachelor’s degree in Finance, Accounting, Economics, or a related business fie
• ld.
  
  Experien
  ce: 3-5+ years acting as a Business Analyst within a mortgage banking, GSE (Freddie Mac/Fannie Mae), or fixed-income environme
• nt.
  
  Domain Experti
  se:
  Solid foundational understanding of Fixed Income, Asset-Liability Management (ALM), Mortgage-Backed Securities (MBS), and Capital Forecast
  i
• ng.
  
  Functional Concep
  ts:
  Familiarity with financial risk concepts such as Duration, Convexity, Multipath Stochastic runs, and Hedg
  i
• ng.
  
  Analytical Too
  ls:
  Advanced proficiency with MS Excel for functional data auditing. Comfort navigating data-heavy environments (understanding what Python/SQL scripts do, even if you are not writing the code yoursel