Technical Business Analyst - Credit Risk

Technical Business Analyst – Credit Risk London, Global Investment Bank £680 per day inside IR35 6-month contract We’re supporting a leading global investment bank in hiring a Technical Business Analyst to deliver a series of Credit Risk Reporting Enhancements. This role sits at the intersection of risk, data, and technology, focused on improving and streamlining critical reporting processes. You’ll play a key role in delivering credit risk initiatives, working closely with risk, front office, and technology teams to enhance infrastructure, reporting, and analytics capabilities. Key Responsibilities: • Support delivery of Credit Risk enhancement initiatives from a technology perspective • Perform detailed technical analysis and solution design for infrastructure updates • Gather and document business and functional requirements • Map trade and market data into target risk engine formats (e.g. FraimWRX) • Validate pricing and simulation models (e.g. Markit FRA / similar) • Define solutions for EOD and intraday credit risk monitoring • Work with vendors and internal tech teams to plan and deliver system changes • Define and execute testing strategies (UAT, functional testing) • Support production handover and resolve post-release issues • Build strong relationships across Credit Risk, Market Risk, Risk Analytics, and Front Office Skills & Experience • Strong Business Analysis experience within investment banking, with a deep understanding of Credit Risk including PFE, CVA, VaR, and Expected Shortfall • Proven experience delivering credit risk reporting and/or risk technology projects • Strong data and technical skills – SQL, Excel, VBA, with exposure to Python and/or Power BI highly desirable • Experience working with vendor or in-house risk engines (e.g. FraimWRX, Murex, or similar) • Solid understanding of trade and market data flows • Experience defining test plans, supporting UAT, and working across the full project lifecycle • Exposure to Control-M or similar scheduling tools is a plus • Ability to effectively engage with both business and technology stakeholders • Technical BA profile, ideally with a development background • Strong analytical mindset with quantitative awareness • Comfortable operating in fast-paced, complex environments with a track record of delivering front-to-back risk solutions