Bonhill Partners are currently supporting an investment bank in their search for an experienced Market Risk Business Analyst to support the delivery of strategic risk and technology initiatives. This role sits at the intersection of Market Risk, Technology, and the wider business, playing a key part in shaping, implementing, and embedding robust risk solutions into the production environment.
You will act as a subject matter expert for Market Risk within technology-led change, ensuring that new processes, controls, and systems are delivered efficiently and operate effectively once live.
Key Responsibilities *Contribute to the execution of high-profile strategic Market Risk initiatives
*Lead business analysis activities, including stakeholder engagement, solution definition, and documentation of detailed functional requirements
*Design, manage, and execute testing strategies, partnering closely with development and production teams throughout delivery
*Coordinate handover of new systems, processes, and controls into the live environment, ensuring operational readiness
*Identify, investigate, and drive remediation of production issues
*Build strong working relationships across the firm, with particular focus on Market Risk, Technology, and Change teams
*Partner with business and technology stakeholders to ensure timely and effective project delivery
*Act as the primary Market Risk subject matter expert for technology-driven initiatives
Skills & ExperienceTechnical & Functional Expertise *Strong background in business analysis with a solid understanding of the full project lifecycle
*Proven experience gathering and documenting business requirements and functional specifications
*Hands-on experience defining test strategies and supporting User Acceptance Testing (UAT)
*Ability to work effectively under pressure, both independently and as part of a team
*Strong understanding of investment banking environments
*Deep knowledge of Market Risk concepts, with extensive hands-on experience (ideally 10+ years)
*Strong expertise in FRTB, across both Standardised Approach (SA) and Internal Models Approach (IMA)
*Broad product knowledge across Interest Rates, FX, Credit, Equities, and Fixed Income
*Experience with risk platforms such as QuIC, Fraimwrx, and/or Murex is advantageous
*Confident engaging with both business and technology stakeholders
*Clear and effective communication skills, written and verbal
6 Months Rolling Contract £650 - 750/day inside IR35