Credit Risk Business Analyst

Job Title: Credit Risk Business Analyst Location: London (Hybrid – 2–3 days onsite) Contract Type: Contract 12 months Start Date: ASAP Day Rate: £450–£550 (Inside IR35) Overview We are seeking a Credit Risk Business Analyst to support a financial services client in London. This role sits within the Risk and Technology function, focusing on enhancing credit risk processes, controls, and data capabilities across critical systems. This is a specialist BA role suited to someone with strong credit risk domain knowledge and experience working in regulated environments. Key Responsibilities • Engage with Credit Risk, Finance, and Technology stakeholders to gather and define business requirements • Analyse and document credit risk processes, including: • Credit assessment & approval workflows • Exposure and limit management • Provisioning and impairment (IFRS 9) Translate Business Requirements Into • Functional specifications • User stories (Agile) • Process maps Support delivery of risk system enhancements and transformation initiatives Work Closely With Data Teams To Define • Data sourcing and lineage • Risk reporting and dashboards Assist in UAT planning and execution Ensure alignment with regulatory and internal control frameworks Identify And Mitigate Risks Related To • Data quality • Process gaps • Control weaknesses Requirements Key Skills & Experience Essential • Proven experience as a Business Analyst within Credit Risk • Strong understanding of: • Credit risk lifecycle (origination → monitoring → recovery) • Exposure, limits, and risk metrics • Experience working in financial services / banking • Strong stakeholder management skills across business and IT • Experience with: • Requirements gathering & documentation • Agile / Waterfall delivery models • UAT coordination Desirable • Knowledge of IFRS 9 / Basel frameworks • Experience with risk or finance systems (e.g. Moody’s, SAS, internal platforms) • Data analysis skills (SQL, Excel) • Exposure to control frameworks (e.g. GRC, SoD, audit) Candidate Profile • Detail-oriented with strong analytical thinking • Comfortable working in regulated, audit-driven environments • Able to bridge business and technical teams effectively • Proactive and able to work independently in a fast-paced setting