About this role
Job Description Summary
This is a Business Analyst role with a strong focus on financial risk systems, acting as a bridge between business stakeholders (Credit, Market, Treasury, Liquidity) and technology teams, and working closely with risk managers. This role supports the design, implementation, and enhancement of financial risk systems. Deep quantitative modeling experience is not required. The role focuses on analyzing market, corporate credit, counterparty, liquidity, and regulatory risks, translating business requirements into functional specifications, and ensuring accurate risk reporting and controls.The ideal candidate is a strong analytical problem solver who is comfortable working with data, understands financial concepts, and can evaluate risk implications while guiding stakeholders through change. It’s a hands-on technical BA role.
Job Description
Responsibilities
Risk & Business Analysis
Analyze financial risk metrics such as Market Risk, Credit Risk, Counterparty Risk, and Liquidity Risk. Exposure to XVA concepts (e.g., CVA, DVA, FVA) is a plus.
Work closely with Risk Managers, Traders, Financial Advisors, and IT teams to understand risk methodologies and business processes.
Translate regulatory and internal risk requirements into functional and technical specifications.
Support development and enhancement of risk calculation engines, exposure systems, and reporting tools.
Validate risk results and perform data reconciliations between front-office, risk, and finance systems.
Ensure risk data accuracy, completeness, and audit readiness.
Support regulatory and internal risk frameworks (e.g., Basel, stress testing, capital and accounting regulations).
Data & Systems
Analyze large datasets related to trades, exposures, market data, and counterparty information.
Define data requirements and support data lineage, controls, and governance initiatives.
Several years of experience partnering with IT teams on system integrations, data feeds, ETL processes, and automation.
Support UAT (User Acceptance Testing) and production releases of risk applications.
Stakeholder & Project Support
Act as a liaison between business users and technology teams.
Create Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), process flows, and data mappings.
Support Agile or Waterfall project delivery, including sprint planning, testing, and issue resolution
Technical & Analytical Skills
Strong understanding of financial products (Derivatives, FX, Rates, Credit, Equities).
Knowledge of risk concepts such as VaR, stress testing, and exposure metrics.
Strong SQL skills for data analysis and reconciliation.
Experience with Excel (advanced formulas, pivots).
Experience working with risk systems or data warehouses.
Working knowledge with Jira or Team Foundation Server (TFS)
Exposure to GenAI/ChatGPT/CoPilot tools knowledge will be a plus.
Familiarity with Python or VBA will be a plus.
Business & Soft Skills
Strong analytical and problem-solving skills.
Ability to translate complex financial concepts into clear business requirements.
Excellent communication and stakeholder management skills.
Attention to detail and strong documentation skills.
Preferred Qualifications
Experience in investment banking, asset management, or risk consulting.
Exposure to Counterparty Credit Risk (CCR), Regulatory or Capital Planning.
Experience with Agile methodologies (JIRA, Confluence).
Prior experience in UAT or model validation support.
Project Management, CBAP or Scrum Certification Preferred.
Education
Bachelor’s: Accounting, Bachelor’s: Computer and Information Science, Bachelor’s: Finance (Required)Work Experience
General Experience - 3 to 6 yearsCertifications
Travel
Less than 25%Workstyle
HybridAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
#LI-SA1Other facts
About Raymond James
Founded in 1962 and a public company since 1983, Raymond James Financial, Inc. is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management. The firm's stock is traded on the New York Stock Exchange (RJF).
Through its three broker/dealer subsidiaries, Raymond James Financial has approximately 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.26 trillion (as of 10/25/2023).
Raymond James has been recognized nationally for its community support and corporate philanthropy. The company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.
What you'll do
- The role involves analyzing financial risk metrics and translating business requirements into functional specifications. It also includes supporting the development and enhancement of risk systems and ensuring data accuracy and compliance.
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