Risk Analytics Senior BA (VaR & Stress)
Location- 100% remote (But preference is to have someone from EST or CST time zones due to work with the teams based in UK)
Duration- 24 Months+ (Open ended SoW)
20-30% - managing stakeholders
60-70% - code analysis, create models (spreadsheet, product knowledge – with VAR/ what happens with shifts), prototypes, reviewing with this information with stake holders
(derivative products – bonds sensitivities, pricing of them ), some credit risk space would be ideal
Someone with Python would be a plus but not required
If someone had– CVA ( Credit valuation adjustment ) for one of the roles that would be a plus as well
Takes the data from query perspective and then works on computation side – VAR/Stress Testing
Solid understanding of Greeks with computations –how interpret the Greeks
If someone can understand the other product such Bonds, credit – Macro, interest rate swaps, options that Greeks that could substitute for market risk
Front office Risk
7 to 8 years of experience
Analytics BA (Stress and VAR ) – Historical simulations for VAR, IRC Incremental Risk Charge, CVA (Credit Valuation Adjustments)
Remote option - EST/CST preferred or open to starting some days at 7am EST time due to UK and India calls
What We’re Looking For
Graduate or Master’s degree – preferably in Finance, Maths or Science
Certifications in Finance or Risk e.g. FRM, CQF – desirable, not essential
Business Analysis Accreditation(s) – desirable, not essential
7+ years of experience in financial services firms.
Financial Products (e.g. Bonds, CDS, Equity Options) and their Valuations
Sensitivities like Delta, Gamma & Vega
Value At Risk computation methodologies like Historical Simulation.
Stress Testing computations.
SQL & MS Excel (advanced level)
FRTB IMA regulations is desirable, not essential
Incremental Risk Charge (IRC) computations is desirable, not essential
CVA-VaR computations is desirable, not essential
Python is desirable, not essential
Preparing and issuing a range of key business analysis deliverables
Communicating with a wide array of people and some experience of stakeholder management
Exposure to the software development lifecycle, the roles and responsibilities on large projects and the motivations of the actors involved
Skills That Will Help You In The Role
Excellent analytical/mathematical skills
Excellent communication skills - including the ability to convey information to non-technical colleagues in a concise and clear way
Strong stakeholder management, able to communicate at all levels and build sustainable relationships
Strong organizational skills and ability to multi-task in a highly pressurized support environment
Able to lead/work within a high performing team and contribute to overall objectives/best practice
About Iris Software Inc.
Iris Software, Inc. is a CMMi Level 5 New Jersey based company providing information technology solutions to clients nationwide for over 30 years. Iris has been growing at over 100% annually. In a program sponsored by Price Waterhouse, PNC Bank and Marsh, Iris has been honored for being
- One of New Jersey's Finest 25 companies for the year 2001 and 2002.
- Iris is also ranked 75th among Inc 500 s list of privately held companies for year 2001.
- NJ Technology FAST 50 Company for year 2002.
In a competitive industry, we distinguish ourselves by reliability, technical expertise and a history of successfully completed projects for clients ranging from mid-sized to Fortune 1000 companies