Senior Risk Business Analyst Associate, London Stock Exchange
Salary not provided
SQL
Python
Excel
VBA
Junior, Mid and Senior level
London
3 days a week in office
Stock exchange in the City of London
Open for applications
Stock exchange in the City of London
1001+ employees
B2BMarketplaceTrading
Open for applications
Salary not provided
SQL
Python
Excel
VBA
Junior, Mid and Senior level
London
3 days a week in office
1001+ employees
B2BMarketplaceTrading
Company mission
To make things happen, out there in the real world, where it matters.
Role
Who you are
- Solid understanding of Risk management and interest derivatives
- Interest curve construction bootstrapping
- Good understanding of interest rate Swaps & FRA products, payoff, pricing and Risk calculations
- Good understanding of VAR calculation is desirable
- Good mathematical skills
- Data Analysis
- Acquire data from various sources to build reconciliations
- Create data reconciliation reports
- Results analysis to identify causes of errors
- Interpret trends in data sets to help identify failures
- Writing simple SQL queries to analyse Risk data
- Very good knowledge of Excel formulas & shortcuts. Knowledge of VBA code is desirable
- Knowledge of vendor systems Murex and python skills are desirable
- Awareness of programming concepts, APIs, and system integration principles
- Strong analytical and practical skills to evaluate complex business and technical problems
- Defines problems clearly, supplies to and evaluates solutions, and identifies the most effective resolution
- Applies structured thinking to break down high-level product visions into detailed, actionable requirements and acceptance criteria
- Communicates with clarity and precision, tailoring complex or technical information to suit different audiences
- Engages in discussions to influence outcomes, behaviours, or decisions of others
- Experience communicating effectively with both internal and external collaborators
- Plans, leads, and optimises team resources to maximise results and meet performance goals
- Demonstrates ownership of deliverables and timelines, ensuring alignment with project objectives
- Manual and Automated Tests
- Good exposure on financial functional testing
- Design automated solutions by using existing inhouse testing capabilities
- Investigate the testing breaks from business perspective
- Familiarity with Agile and Scrum methodologies is desirable
- Writing clear Stories that could fit within a sprint with clear detailed business requirements tests/prototype and acceptance criteria
- Good knowledge of the full project lifecycle
- Demonstrates understanding of technology development lifecycles and sound architectural principles
What the job involves
- This contract role is part of the SwapClear Risk Change team, which is responsible for delivering key risk-related change initiatives for the SwapClear service
- The position involves supplying to risk projects and providing domain expertise to support the end-to-end delivery of products and enhancements
- As a member of a dedicated scrum team, the successful candidate will support the Product Owner in delivering risk-related items and will be involved throughout the full project lifecycle — from functional and test design to validation and hands-on testing of deliverables
- A good understanding of the Interest Rate Derivatives Risk framework and familiarity with the supporting technology landscape are essential
- The role requires excellent analytical and solving skills, with the ability to dissect complex problems, identify root causes, validate assumptions with evidence, and communicate findings clearly
- The ideal candidate will demonstrate a proactive, solution-oriented attitude, with a natural inclination to identify inefficiencies and reduce manual effort through automation and process improvement
- A focus on simplification, scalability, and continuous improvement is highly valued
- This position offers the opportunity to supply to a wide range of SwapClear projects and develop deep business knowledge
- Regular engagement with collaborators across Risk Management, Technology, Operations, and other internal and external teams at all levels of seniority is expected
- Supply to the Agile ceremonies, including sprint planning, refinement sessions, reviews, and retrospectives, to support continuous delivery and iterative improvement
- Support the design and documentation of functional products by drafting user stories, test cases, and acceptance criteria in alignment with Agile methodologies
- Collaborate with the scrum team to design effective business and technology solutions that address complex challenges
- Conduct in-depth analysis of business requirements, including edge cases, risk constraints, and alignment with strategic objectives
- Work closely with the Technical Lead to ensure proposed solutions are technically feasible and align with the existing system architecture
- Engage with Risk collaborators to ensure solutions adhere to current Risk framework and standards
- Ensure that all solutions are resilient and incorporate appropriate risk controls
- Evaluate the risk impact of proposed changes through first-principles risk analysis
- Promote a culture of continuous improvement by challenging the status quo and identifying multi-functional efficiencies to accelerate delivery and reduce project costs
- Deliver timely and accurate analysis of risk analytics to support informed decision-making
- Support the Risk team to write Risk governance when it is required for a given change
- Supply to design and governance artefacts such as Business Design Authority (BDA) and Operational Readiness Assessment (ORA) documents
- Hands on validation from functional and technical perspective. Take ownership of successful functional testing and successful implementation
- Design efficient testing by providing testing scenario and Risk validation prototypes when possible
- Validate test coverage against requirements and ensure traceability
- Provide the necessary oversight and support to QA team for automated test validation and sign off
- Supply to the improvements in existing risk testing techniques and processes through the application of advanced automated processes
- Ensure cohesiveness and delivery of functional and system testing. Own issues and their resolution
- Support Risk team to provide Risk sign off during go lives
- Facilitate workshops, interviews, and walkthroughs to gather and validate requirements
- Advise and guide senior members of business silos making recommendations regarding approach, practicalities of implementation, process improvement and automation
- Communicate accurately expected Risk impacts to the Collaborators when it is observed during design and implementation
- Support change management activities including training, user confluence documentation, and transition planning
- Good communication skills to interact with various collaborators and teams (from both side technology and business)
- Call out appropriately to ensure projects and the programme are efficient and on track
Salary benchmarks
Our take
The London Stock Exchange is one of the world’s oldest stock exchanges, with a history dating back over 300 years. It operates as a part of LSEG (London Stock Exchange Group), one of the world’s leading providers of financial markets infrastructure, as a marketplace to enable stock brokers and traders to buy and sell stocks, bonds, and other securities.
The London Stock Exchange has lived through a stream of innovations; from telegraph and telephone, to the Market Price Display System, automatic trade matching, and the digitisation of issuer services. In 2019 it acquired Refinitiv, a financial information company, and in doing so became a global financial news and data business.
Most recently, the London Stock Exchange has made moves to support the evolution of private markets, and further build its presence in this space. It partnered with Floww, a platform that connects investors with private companies, with aims to launch a private primary capital raising facility, as well as explore new technologies and secondary market options for the platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
David Schwimmer
(CEO)Prior to joining LSEG in 2018, David was a Managing Director at Goldman Sachs for over 20 years.
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