Credit Risk Business Analyst - PFE

Join Luxoft to support the delivery of the client’s Potential Future Exposure (PFE) adoption, ensuring compliance with PRA/ECB regulatory requirements and alignment with methodologies used across Bank and Securities. This role sits within the Business Analyst team, focusing on risk technology projects. Key Responsibilities: • Drive delivery of Credit Risk Enhancement initiatives from a technology perspective. • Perform detailed technical analysis and design for infrastructure updates related to Credit Risk. • Document user requirements and validate pricing/simulation models using Markit FRA. • Map trade and market data from trade systems to FraimWRX format. • Collaborate with business teams to define solutions for EOD/intraday credit risk monitoring. • Partner with technology project management and vendors to define schedules and validate updates. • Define testing methodologies and execute tests for new product development. • Ensure smooth handover of new processes to production teams and remediate issues. • Build strong relationships across technology risk, risk analytics, market and credit risk management, and front office teams. Skills: • Strong quantitative background with experience in counterparty credit risk and PFE models. • Hands-on experience with vendor risk engines (e.g., IHS Markit FRA/FraimWRX, Murex, or similar). • Proficiency in SQL, .NET, Excel VBA; exposure to Python or SAS preferred. • Familiarity with Power BI and Control-M. • Strong business analysis skills and full project lifecycle knowledge. • Experience in defining test plans and guiding UAT phases. • Strong experience within IB in credit risk domains, including PFE solutions for IR, FX, and Loan products. Nice-to-Have: • Prior experience with FraimWRX and/or Murex.