FOR IMMEDIATE DETAILS about this position, please contact Sam Sangal at (732) 993-3001 or
[email protected].
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- - We will NOT accept 3rd Party (C2C) Contractors - -
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Position: Systems Business Analyst in Counterparty Credit Risk & Exposure Management
Duration: 12+ Months (Extendable contract)
Location: HYBRID - NYC, NY
HYBRID: Must be able to work ONSITE 2 day per week (LOCAL CANDIDATES only!!)
Education: Bachelor s degree in Computer Science, Finance, or a related discipline.
About the Opportunity:
We are a leading global technology solution and professional staffing firm partnering with one of the world s largest Japanese securities corporations to identify a high-caliber Senior Technical Business Analyst.
This is an ownership role designed for a systems professional who bridges the gap between complex risk methodologies and robust system architecture. Operating within our client's Credit Risk Technology division, you will drive platform enhancements, spearhead hands-on root cause analysis for high-severity production incidents, and lead technology operations engagements for critical regulatory and internal audits.
Key Responsibilities:
Business Analysis & Application Support:
- Requirement Engineering: Partner with Front Office, Exposure Management, Risk Analytics, and technology teams to document business, functional, and technical specifications for critical core applications.
- Platform Delivery: Translate trading and risk needs into precise process flows, user stories, data mapping matrixes, and comprehensive test scenarios to support platform upgrades.
- Technical Interface: Act as the primary liaison between risk managers and global engineering teams to ensure Counterparty Credit Risk (CCR) priorities are properly engineered and delivered.
Production Operations & Incident Management
- Incident Ownership: Serve as the technical point of contact for high-severity production incidents impacting risk analytics, exposure reporting, limit breaches, and regulatory deliverables.
- Root Cause Analysis (RCA): Drive hands-on investigative data engineering to eliminate calculation breaks and validation errors, replacing short-term workarounds with permanent system fixes.
- Reliability & Resilience: Identify opportunities for automation and "self-healing" batch processes. Partner with Infrastructure teams to improve system observability, alerting, and annual DR/BCP (Disaster Recovery) readiness.
Governance, Risk & Audit Controls
- Audit & Compliance Lead: Directly lead IT Operations engagement for internal audits, regulatory exams, and model governance reviews to demonstrate control maturity.
- Change Governance: Enforce robust change and release frameworks aligned with CAB, DevOps, CI/CD, and data integrity control standards.
Required Qualifications
- Seniority: 12+ years of experience performing as a Technical Business Analyst or System BA within Financial Services Technology.
- Domain Focus: Proven track record supporting core Risk, Exposure Management, or related front-office/risk systems in a highly regulated banking or capital markets environment.
- Education: Bachelor s degree in Computer Science, Information Systems, Finance, Mathematics, or a related technical discipline.
Technical & Domain Expertise
- Risk Methodologies: Deep functional grasp of Counterparty Credit Risk concepts, including derivative trade lifecycles, market data, PFE, EPE, collateral/margin processing, limit monitoring, stress testing, and what-if pre-trade intraday analysis.
- Data Capabilities: Strong proficiency working alongside developers on complex SQL, relational database analysis, interface mapping, ETL workflows, and upstream/downstream system dependencies.
- Tooling: Familiarity with ServiceNow, Jira, Confluence, SQL, and enterprise data visualization or logging utilities used to track system metrics and delivery.
Leadership & Soft Skills
- Advanced problem-solving mindset capable of breaking down highly complex production architecture into clear, actionable requirements.
- Exceptional interpersonal and communication skills to navigate alignment across global, distributed engineering teams and high-pressure stakeholders.
Who is Calance?
Calance is a global IT company with operations in the United States, Canada and India. Over the years, Calance has grown organically and has acquired numerous successful IT Services firms along the way. As a result, the company today is a mix of diverse cultures, talents and expertise that collaborate globally to bring our best capabilities and thinking to clients. Calance also offers benefits which includes Medical, Dental, Vision care and 401K.
