Job Overview We are seeking a detail-oriented and experienced Business Analyst with a strong understanding of Internal Ratings-Based (IRB) regulatory requirements.
The successful candidate will play a critical role in supporting IRB-related projects, ensuring compliance with Basel III/IV standards, and delivering strategic insights for regulatory risk management.
Key Responsibilities Requirements Gathering & Documentation Work with stakeholders across risk, compliance, and IT teams to gather and document business requirements related to IRB regulations.
Translate regulatory standards into actionable deliverables for technical and business teams.
Regulatory Compliance Ensure alignment with Basel III/IV IRB requirements for credit risk modeling, data governance, and reporting.
Provide expertise on Pillar 1 (Capital Requirements) and Pillar 3 (Market Discipline) regulations.
Data Analysis Analyze large datasets related to credit portfolios and risk weightings.
Collaborate with data teams to validate data integrity and model inputs.
Project Support Support end-to-end project lifecycles, including planning, execution, and implementation of IRB frameworks.
Liaise with external regulators and auditors during reviews and inspections.
Process Optimization Identify opportunities to streamline processes around IRB model implementation and reporting.
Recommend system enhancements to improve efficiency and compliance.
Stakeholder Management Engage with cross-functional teams, including Risk, Finance, Compliance, and Technology.
Act as a trusted advisor for internal stakeholders on IRB-related matters.
Key Skills & Competencies Regulatory Knowledge : In-depth understanding of IRB regulations, Basel III/IV standards, and credit risk management.
Technical Expertise : Familiarity with risk management systems (e.g., SAS, Moody's RiskAuthority, RiskCalc) and data visualization tools (e.g., Tableau, Power BI).
Business Analysis Skills : Strong experience in documenting functional/non-functional requirements, gap analysis, and stakeholder communication.
Data Proficiency : Experience with SQL, Python, or R for risk data analysis is a plus.
Project Management : Knowledge of Agile and Waterfall methodologies, with the ability to manage timelines and deliverables effectively.