Counterparty Credit Risk Business Analyst
Posted 1 week ago by Square One Resources
£460 Per day
Inside
Undetermined
City of London, UK
Summary: The Credit Risk Business Analyst role involves developing and enhancing a counterparty risk stress testing system, ensuring regulatory compliance, and collaborating with various teams to provide risk insights. The position is based in London and is offered as an initial 4-month contract with potential for extension. The ideal candidate will possess strong financial product knowledge and advanced IT skills, particularly in SQL Server. This role is classified as inside IR35, with a competitive daily rate.
Key Responsibilities:
- Develop, maintain, and enhance a large-scale counterparty risk stress testing system.
- Integrate complex financial data to ensure regulatory compliance.
- Collaborate with cross-functional teams to deliver accurate and timely risk insights.
- Communicate effectively across business areas to gather and document requirements.
- Execute test cases and share progress with business users.
- Handle and analyze large datasets using Hypercube and Microsoft Excel.
Key Skills:
- Strong knowledge of financial products, including fixed income securities and derivatives.
- Understanding of securitised products and end-of-day "Greeks" risk measures.
- Knowledge of counterparty credit risk metrics and risk mitigants.
- Proficient in MS SQL Server and advanced database tasks.
- Ability to perform code reviews and make changes using version control systems.
- Skilled in handling and analyzing large datasets.
Salary (Rate): £460 per day
City: London
Country: UK
Working Arrangements: undetermined
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Job Title: Credit Risk Business Analyst
Location: London
Salary/Rate: £415 - 460 Per Day Inside IR35
Start Date: 18/09/2025
Job Type: Initial 4 Month Contract (Possibility to be extended)
Company Introduction
We have an exciting opportunity now available with one of our sector-leading consultancy clients! They are currently looking for a skilled Credit Risk Business Analyst to join their team in London.
Job Responsibilities/Objectives
You will be responsible for developing, maintaining, and enhancing a large-scale counterparty risk stress testing system by integrating complex financial data, ensuring regulatory compliance, and collaborating with cross-functional teams to deliver accurate and timely risk insights.
Required Skills/Experience
The ideal candidate will have the following:
Business Skill Set
- Strong knowledge of financial products, including fixed income securities, OTC and exchange-traded derivatives, and their life cycles.
- Understanding of securitised products and end-of-day "Greeks" risk measures (preferred).
- Knowledge of counterparty credit risk metrics and risk mitigants.
- Ability to communicate effectively across business areas to gather and document requirements.
- Capability to execute test cases and share progress with business users.
- Skilled in handling and analysing large datasets using Hypercube and Microsoft Excel.
Essential IT Skills:
- Proficient in MS SQL Server.
- Ability to perform advanced database tasks, including writing queries and creating functions/procedures.
- Understanding of code review processes and making changes when necessary, ideally using Git or similar version control systems.
If you are interested in this opportunity, please apply now with your updated CV in Microsoft Word/PDF format.
Disclaimer
Notwithstanding any guidelines given to level of experience sought, we will consider candidates from outside this range if they can demonstrate the necessary competencies.
Square One is acting as both an employment agency and an employment business, and is an equal opportunities recruitment business. Square One embraces diversity and will treat everyone equally. Please see our website for our full diversity statement.