Senior IT Business Analyst

Role: Senior IT Business Analyst
Location: New York, NY (Need Onsite day 1, hybrid 3 days from office)
Type: Long Term Contract

Job Description:

We are seeking a highly skilled and experienced IT Business Analyst to join our team. As a Senior IT Business Analyst, you will play a crucial role in building and enhancing Credit Risk Regulatory Capital Calculations / applications.

Responsibilities:

• Collaborate with stakeholders, customers, and product owners to gather and document business requirements for financial products and applications.

• Analyze data, customer needs to inform/assist product development.

• Develop and propose solutions, creating detailed business requirements documents (BRDs), use cases, and user stories.

• Communicate and manage expectations with stakeholders, including project managers, developers, QA engineers, and business leaders.

• Validate requirements through prototyping, user acceptance testing (UAT), and feedback sessions.

• Assist project managers in planning, tracking, and delivering projects.

• Participate in testing, identify defects, and collaborate on resolution.

• Maintain accurate records of requirements, design documents, and project artifacts.

• Ensure adherence to regulatory requirements, industry standards, and organizational policies.

• Identify opportunities for process enhancements and implement changes.

Requirements:

• 10+ years of experience in business analysis, financial products, or application development.

• Strong understanding of Credit Risk, Counterparty Credit Risk, Regulatory Capital calculations (CEM and SA-CCR), Basel 3 and Basel 3.1 regulations, FR Y-15 and FR Y-9C reporting, CCAR.

• Excellent analytical, problem-solving, and critical thinking skills.

• Efficient in writing SQL queries.

• Experience with Agile methodologies, Jira, Visio, and requirements management tools.

• Business Analysis certifications (CCBA, CBAP) or financial certifications (CFA, FRM).