Counterparty Credit Risk Business Analyst
emagine is a high‑end professional services consultancy and solutions firm specialising in the financial services sector. We power progress, solve challenges and deliver real results through tailored consulting services and solutions.
Location: London, 5 days on‑site
Compensation: £525 Inside
Role Summary: We are seeking a Credit Risk Reporting Business Analyst to manage and enhance credit risk reporting processes in line with regulatory requirements. The role is critical for ensuring accurate, timely, and compliant reporting while driving improvements in systems and workflows.
Main Responsibilities
* Deliver counterparty concentration risk, stress, and limit reporting.
* Upgrade the QuIC counterparty credit risk engine for PFE calculation to meet PRA license conditions.
* Develop credit risk reports, including Collateral, Gross Cash Limit, and Short‑Term Tenor across multiple products.
* Create a pre‑deal check tool for the Rates Sales Desk to estimate PFE exposure and limit utilisation.
* Design UI and workflows for calculation review and validation processes.
* Analyse and manipulate data using platforms such as Murex, Apex, and Bloomberg.
* Conduct gap analysis and define future‑state credit risk processes.
* Collaborate with application teams to implement system and data changes.
* Resolve data integration issues impacting counterparty and limit information.
* Review operational risks and propose electronic/procedural improvements.
* Influence project solutions through technical expertise.
* Act as a liaison between business and software development teams.
* Participate in SIT and UAT testing of data and report outputs.
* Prepare stakeholders for new solutions and provide initial application support.
Key Requirements
* Proven experience in credit risk reporting and analysis.
* Proficiency in Murex, Apex, and Bloomberg for data manipulation.
* Strong analytical and problem‑solving skills within financial contexts.
* Understanding of regulatory requirements, particularly PRA conditions.
* Ability to develop tools and workflows for credit risk management.
* Familiarity with QuIC and RiskMetrics.
* Experience with SIT and UAT testing processes.
* Strong communication skills to explain technical concepts to non‑technical stakeholders.
Our People & Culture
We pride ourselves on providing a supportive culture rooted in our values, promoting inclusion, collaboration, well‑being, and learning and development. We invest in employees’ growth through ongoing training, give autonomy, and offer a transparent performance and career management experience.
Our consultants play a key role in delivering successful engagements, solving complex business and technology problems, building trusted client relationships, and collaborating with leaders across our practices.
Equal Opportunity Statement
emagine is an equal‑opportunity employer. Employment practices are based strictly on merit. The company gives equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion or ethnic origin.
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