Consultant - Market Risk Business Analyst

Market Risk Business Analyst (VaR & Time Series) Arrayo is looking for an experienced Market Risk Business Analyst to join our consulting team and take ownership of deliverables on a strategic client project in the market risk domain. You will work directly with our client’s stakeholders across risk, front office, quants, and technology teams to deliver key outcomes on Value at Risk (VaR) and time series analytics initiatives. This is a hands-on execution role where you will perform detailed business analysis and support technical delivery — from gathering and documenting requirements, to re-engineering data feeds, to supporting the automation and analytics of VaR and other market risk measures. Your work will have a direct impact on the client’s ability to operate with improved accuracy, efficiency, and transparency in risk measurement and reporting. Key Responsibilities • Engage with stakeholders across market risk, front office, and technology to gather, document, and validate functional and technical requirements. • Lead re-engineering of data feeds for VaR and time series analytics to improve quality, timeliness, and reliability. • Support automation initiatives for risk calculations, reporting, and analytics workflows. • Collaborate with quants and IT teams to enhance VaR models and ensure alignment with regulatory expectations (e.g., FRTB, Basel). • Develop and maintain functional specifications, process flows, and documentation for new solutions. • Coordinate testing, validation, and production deployment of enhancements to risk systems and processes. • Produce project artifacts including project plans, status reports, risk/issue logs, and executive updates. • Manage dependencies across teams and ensure timely delivery to agreed milestones. Required Experience & Skills • 5+ years of experience in financial services, with a focus on Market Risk in investment banking or asset management. • Proven expertise with Value at Risk (VaR) methodologies (historical simulation, Monte Carlo, parametric) and time series data handling. • Hands-on experience with market risk data feeds, analytics platforms, and process automation. • Strong understanding of regulatory frameworks (Basel III/IV, FRTB) and related reporting requirements. • Proficiency with data analysis tools such as SQL and Python for market risk datasets. • Excellent business analysis skills — requirements gathering, process mapping, and stakeholder engagement. • Strong project coordination skills, including dependency management and cross-team communication. • Experience with risk platforms (e.g., Murex, Bloomberg, RiskMetrics) is a plus.