Financial Business Analyst - capital markets

Location: Tysons Corner

Risk Span

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.

Position Overview

* Title:

Financial Business Analyst (Functional / Non-Technical)

* Division:
Corporate Finance / Asset & Liability Management (ALM) & Capital Forecasting

* Project:
Next-Gen Forecasting Optimization & Model Integration

Core Responsibilities

1. Requirement Gathering & Cross-Functional Coordination

* Bridge Tech Teams:
Act as the primary liaison between quantitative financial engineering teams and business stakeholders (ALM desk).

* Coordinate Specifications:
Document and coordinate updated model specifications and code fixes across multiple internal development groups.

* Document Methodologies:
Draft comprehensive methodology documents outlining the business logic behind loan selection, parameter updates, and model changes.

2. Model Validation & Discrepancy Analysis

* Investigate Discrepancies:
Analyze counter intuitive forecasting outputs by tracking data through the execution lifecycle.

* Analyze Financial Drivers:
Identify variance drivers across mortgage-specific behaviors including prepayment, default behavior, buy-up/buy-down fees, and Loan Loss Reserves (LLR).

* Benchmark Forecasts:
Compare and align disparate forecasting models to ensure consistency in critical risk metrics like cohort prices, duration dollars, and convexity values.

3. Testing Coordination & UAT Governance

* Define Test Cases:
Design functional test cases to validate the quality of sampled model outputs against massive full-population runs (13+ million loans).

* Manage Testing Artifacts:
Author and organize testing documentation, UAT signs-offs, and compliance artifacts required for management approval.

* Validate Under Stress:
Review model execution outputs following simulated rate shocks and volatility shocks to ensure ALM hedging stability.

4. Executive Reporting & Stakeholder Presentation

* Simplify Complex Data:
Translate dense financial engineering data into clear, high-level presentations for senior leadership.

* Provide Status Updates:
Deliver weekly status presentations to the ALM trading desk and upper management regarding hedging initiatives and model alignment.

Required Qualifications

* Education:

Bachelor's degree in Finance, Accounting, Economics, or a related business field.

* Experience:

3-5+ years acting as a Business Analyst within a mortgage banking, GSE (Freddie Mac/Fannie Mae), or fixed-income environment.

* Domain Expertise:
Solid foundational understanding of Fixed Income, Asset-Liability Management (ALM), Mortgage-Backed Securities (MBS), and Capital Forecasting.

* Functional Concepts:
Familiarity with financial risk concepts such as Duration, Convexity, Multipath Stochastic runs, and Hedging.

* Analytical Tools:
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 yourself).