Risk Business Analyst

Roles and Responsibility

• Engage with business stakeholders to gather, analyze, and document detailed business requirements related to retail risk management.
• Understand current retail banking risk processes, identify gaps, and propose improvements to streamline workflows and enhance operational efficiency.
• Apply knowledge of retail risk domains, including credit risk, to drive functional requirements and support business decisions.
• Work with technical teams to translate business requirements into functional specifications, ensuring that solutions meet business needs.
• Maintain continuous communication with business stakeholders, including risk managers, business units, and IT teams, to ensure alignment on project goals and progress.
• Create and maintain detailed documentation, including business requirements, functional specifications, and process flows, and prepare reports to track project progress and highlight risks or issues.

• Minimum 5 years of experience as a Business Analyst within the retail banking sector, with a focus on risk management.
• Proven experience working in risk-related projects in retail banking, such as risk mitigation strategies, regulatory reporting, and risk assessment tools.
• Strong understanding of retail banking products, services, and processes, particularly in the context of risk management.
• Familiarity with key risk management frameworks and regulatory requirements, such as Basel III and Dodd-Frank.
• Experience with risk assessment methodologies and tools, and proficiency in business analysis tools like JIRA, Confluence, and MS Office Suite.
• Strong analytical, problem-solving, and decision-making skills, along with excellent written and verbal communication skills.
• Ability to translate complex business requirements into functional specifications and possess strong documentation and process mapping skills.
• Solid understanding of Agile and Waterfall methodologies.
• A degree in Finance, Banking, Economics, or a related field is preferred.
• Certifications such as CBAP (Certified Business Analysis Professional) or FRM (Financial Risk Manager) are a plus.