Senior Business Analyst - Counterparty Credit Risk

 Jersey City, United States       Permanent contract        Information Technology

Responsibilities

We are seeking to add a Senior Business Analyst to the Counterparty Credit Risk (“CCR”) team within FRM. Globally, GBSU/FRM/CCR team has about 200 members with 12 team members in the Americas region, split between New York and Montréal. Within the region our team supports the risk department (“RISQ”) with their monitoring and reporting of credit risk and counterparty credit risk exposures across all commercial financing and capital market operations. We support internal management reporting and monitoring, as well as external regulatory requirements.

 

Day-to-Day Responsibilities

  • Work as a business analyst on RISQ sponsored initiatives including the Secured Financing Stream of the global CCR Transformation Program

  • Work with internal clients (mainly RISQ, but also Finance and Data Management teams) to collect and analyze business requirements

  • Assess, review and understanding strengths and weaknesses in current business processes and recommends options, risks and cost vs. benefits

  • Works with business partners within across regions and functions to align technology solutions with business strategies

  • Demonstrates an informed knowledge of a several business areas and across assets to resolve problems on an ongoing basis

  • Responsible for the collection, analysis and documentation of a client's business requirements

  • Provides expertise and challenges the business, where necessary, on projects and requirements

  • Establishes relationship with business partners in order to provide technical solutions to meet user needs

  • Conducts data analysis and business process reviews

  • Coordinate projects or assist project/program managers with input on project plan tasks as well as identification and assessment of project risks

  • Work with the development team to ensure that they understand the specifications and the delivery correspond to business expectations

  • Work with users to define test scenarios and support testing to ensure the testing results meet requirement specifications

  • Ensure that issues are identified, tracked, reported on and addressed in a timely manner

  • Understand and apply production fundamentals and practices as a part of agile feature team

  • Provide input and insight to team members in design, development, documentation, testing and valuable expertise in building systems

  • Partner with application support/development teams in NY, Jersey City, and Montreal; as well as colleagues in Paris and Bangalore

  • Work with product owner and stakeholders to maintain priorities of tasks for the team, and organizes sprints

  • Conducts feasibility studies and drafts proposals for evaluation by stakeholders. 

  • Fosters innovation within the team

Profile Required

Experience Needed:

  • Minimum of 7 years with IT business analysis and project management experience in banking or broker dealer environment

  • 3+ years of experience directly interfacing with business clients (front office, middle office and back office, risk, finance) to comprehend and develop technical or user process solutions.

Desired / Plus:

  • Experience working with credit risk, counterparty credit risk, or market risk

  • Experience with securities financing and derivatives (listed or OTC) is preferred

  • Knowledge of client referential data is a plus

Technical Skills:         

  • Ability to write SQL for purposes of investigation, analysis, and testing; and reading stored procedures

  • Excel, Word, Power Point, and Visio or other diagramming software

  • Agile development methodology and software development lifecycle expertise

  • Experience with coordinating and integration and user acceptance testing

  • Knowledge of Change Management & Release Management practices

Desired / Plus:

  • Previous development experience (Java/C#/C++)

  • Solid understanding of systems integration concepts

  • Business Intelligence tools, particularly Power BI, is a plus

  • SQL Server Analysis Services (SSAS) is a plus

  • Source controls tools, particularly Git

  • UNIX and Windows shell scripting

Competencies:

  • Effective communication skills, both verbal and written

  • Strong analytical skills

  • Ability to solve problems with a keen eye for details; a desire to learn and contribute solutions and ideas to the team

  • Ability to understand and analyze business processes & workflows with the objective of providing recommendations for the best use of technology

  • Ability to interact with a variety of internal clients and support staff: risk managers and analysts, project managers, and global development teams

  • Ability to manage multiple tasks and use judgment to prioritize and escalate to achieve desired outcomes

  • Desired / Plus:

  • Credit Risk technology experience

Educational Requirements:

  • Bachelor’s or master’s degree in Computer Science, Finance or related concentration

  • CFA or FRM designation is a plus


Business Insight

GBSU is the service unit for Global Banking and Investor Solutions (“GBIS”). The aim of our Service Unit is to deliver day-to-day services to GBIS business units and their clients to accelerate our transformation. We are part of the Finance, Risk, and Market Data (“FRM”) division, which is one of seven service and product-oriented entities within GBSU. FRM covers the activities of the Risk and Finance departments.


We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 200007VG
Business unit: SG AMERICAS OPERATIONAL SECURITIES
Starting date: Immediate
Date of publication: 31/03/2020
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Senior Business Analyst - Counterparty Credit Risk

Permanent contract   |   Jersey City   |   Information Technology