Job Title: Business Analyst - Niche

Duration: 6 Months

Location: Chicago, IL, USA

Pay Range: $82.75 per hour

Intelliswift Software Inc. conceptualizes, builds, and supports the world's most amazing technology products and solutions. Our team of rich experts from diverse backgrounds contributes to making Intelliswift one of the most reliable partners in IT and Talent solutions. We specialize in delivering world-class Digital Product Engineering, Data Management and Analytics, and Staffing Solutions services to Fortune companies, SMBs, ISVs, and fast-growing startups.

Description of responsibilities:

Role Mandate:
The US regional banking crisis in 2023 has underscored the importance of ALM. In this role, you will be able to understand how the Bank manages its interest rate risk and provide effective challenge on existing modelling assumptions and strategies. You will work closely with stakeholders across Risk and Finance and observe the connections between various Treasury Risk functions (ALM, Funds Transfer Pricing, Capital, Liquidity & Funding). The group focuses on interest rate risk, oversees corporate treasury, and functions as second line oversight.

Team Structure:
Highly collaborative work, team of 10

Role Responsibilities:
Analyzes the risk metrics (Economic Value of Equity, PV01, Earnings at Risk...) from modelling, interest rate, and balance sheet changes/movements.
Monitors structural market risk limits set by the bank as a second line of defense function. Deviations and excesses from structural market risk limits require investigation and sign-off from executives.
Reviews and challenges models and non-model assumptions
Prepares presentations and materials on structural market risk position to be discussed at committee meetings comprised of senior leaders of Market Risk and Corporate Treasury
Supports audit and regulatory findings remediation efforts
Conducts research and develops tools that use data to make better decisions
Applies knowledge of risk assessment and controls along with extensive understanding of industry compliance standards and regulations.
Identifies ways of mitigating potential risks; recommends and implements solutions based on analysis of issues and implications for the business.
Documents data flow, systems and processes to improve the design, implementation and management of business/group processes.
Conducts quantitative research in risks across strategies and portfolios.
Works independently and regularly handles non-routine situations.
Review structural market risk models and assumptions
Risk committee reporting & analysis
Working with QRM to extract data and reports for analysis

Must Have Skills:
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Microsoft Office
Foundational level of proficiency:
Regulatory capital and stress testing.
Compliance and regulation.
Machine learning.
Learning Agility.
Systems Thinking.
Intermediate level of proficiency:
Asset liability management
Model risk management.
Data management.
Critical thinking.
Driving Results.
Verbal & written communication skills.
Collaboration & team skills.
Analytical and problem solving skills.
Data driven decision making.
Advanced level of proficiency:
Quantitative financial modeling.
Deep knowledge and technical proficiency gained through extensive education and business experience.

Nice to Have Skills:
QRM experience

Interviews:
2-3 rounds with technical questions related to the role to test experience. 1st round will be over teams, 45 minutes.

Intelliswift is committed to fair and equitable compensation practices. The range provided for this position is determined by various factors including, but not limited to, relevant work experience, skills, certifications, and location. Intelliswift offers medical insurance, dental insurance, vision insurance, supplemental life and AD&D insurance, and any other benefits per state law.

Equal Employment Opportunity Statement Intelliswift celebrates a diverse and inclusive workforce. We offer equal employment opportunities to all applicants and employees. All qualified applicants will be considered regardless of race, color, sex, gender identity, gender expressions, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other protected basis under the law.

Americans with Disabilities Act (ADA)

If you require a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact Intelliswift Human Resources Department

Other Employment Statements
Intelliswift participates in the E-Verify program.

Learn More For information on Intelliswift Software, Inc., visit our website at .