Market Risk Technical Business Analyst

Description

Job Title: Market Risk Technical BA

Duration: 18 Months W2 Contract

Location: Jersey City, NJ

Required Pay Scale: $68/hour

Market Risk Technical Business Analyst - Market Risk & Investment Reporting

Position Overview We are seeking a Mid-to-Senior Technical Business Analyst with strong Market Risk and Investment Reporting experience to support strategic initiatives within a Capital Markets environment. This role serves as the liaison between business stakeholders and technology teams, gathering requirements, analyzing data, and driving enhancements to market risk reporting and analytics.

The ideal candidate will possess a solid understanding of market risk concepts, strong SQL skills, and the ability to communicate effectively with both business and technical teams. This position requires someone who is analytical, detail-oriented, and comfortable working with large financial datasets.

Key Responsibilities

• Partner with Market Risk, Technology, and Business stakeholders to gather, analyze, and document business and technical requirements.
• Support initiatives related to market risk reporting, investment reporting, and data analysis.
• Analyze market risk metrics, including Value-at-Risk (VaR), risk limits, and interest rate exposure.
• Write and troubleshoot complex SQL queries to validate data, perform reconciliations, and support reporting requirements.
• Analyze large datasets to identify data quality issues, discrepancies, and process improvement opportunities.
• Translate business requirements into functional specifications for development teams.
• Collaborate with developers, QA, and business users throughout the project lifecycle.
• Utilize advanced Excel to perform data analysis, reconciliations, reporting, and ad hoc requests.
• Facilitate meetings, document requirements, and communicate project updates to both technical and non-technical audiences.

Required Qualifications

• 5+ years of experience as a Technical Business Analyst within Financial Services or Capital Markets.

• Strong knowledge of Market Risk, including:

• Risk limits

• Interest rate risk

• Market risk terminology and concepts

• Experience supporting or analyzing Value-at-Risk (VaR) reporting and related risk metrics.

• Background in Investment Reporting (portfolio or investment reporting preferred; compliance/KYC reporting is not required).

• Strong SQL skills with the ability to write and understand:

• Complex joins

• Multi-table queries

• Aggregations

• Data validation and reconciliation

• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, INDEX/MATCH, and complex formulas.

• Excellent verbal and written communication skills with the ability to interact confidently with business users, risk managers, and technology teams.

• Strong analytical and problem-solving skills with exceptional attention to detail.

Preferred Qualifications

• Experience working in a Market Risk or Risk Technology organization.
• Knowledge of Fixed Income, Equities, Derivatives, FX, or other Capital Markets products.
• Experience working in Agile environments using Jira or similar tools.
• Familiarity with data governance, data quality, or enterprise reporting initiatives.
• Basic knowledge of Python for data analysis is a plus.

Ideal Candidate The ideal candidate is a technically strong Business Analyst who combines deep market risk knowledge with excellent SQL and data analysis skills. They are comfortable working with complex financial data, can communicate effectively across business and technology teams, and have experience supporting investment reporting and market risk initiatives in a fast-paced Capital Markets environment.

About Matlen Silver

Experience Matters. Let your experience be driven by our experience. For more than 40 years, Matlen Silver has delivered solutions for complex talent and technology needs to Fortune 500 companies and industry leaders. Led by hard work, honesty, and a trusted team of experts, we can say that Matlen Silver technology has created a solutions experience and legacy of success that is the difference in the way the world works.

Matlen Silver is an Equal Opportunity Employer and considers all applicants for all positions without regard to race, color, religion, gender, national origin, age, sexual orientation, veteran status, the presence of a non-job-related medical condition or disability, or any other legally protected status.

If you are a person with a disability needing assistance with the application or at any point in the hiring process, please contact us at email and/or phone at: [email protected] // 908-393-8600

At The Matlen Silver Group, Inc., W2 employees are eligible for the following benefits:

• Health, vision, and dental insurance (single and family coverage)
• 401(k) plan (employee contributions only)