Senior Business Analyst, Financial Risk Technology

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, counter party, 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.

• Analyze financial risk metrics such as Market Risk, Credit Risk, Counter party 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).

• Analyze large datasets related to trades, exposures, market data, and counter party 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.

• 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.

• 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.

• 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 Counter party 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.

Bachelor’s:
Accounting, Bachelor’s:
Computer and Information Science, Bachelor’s:
Finance (Required)

General Experience - 3 to 6 years

Less than 25%

Hybrid

At 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.

• 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 continued 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.