Business Analyst w/ Basel

job summary:

Daily Responsibilities and Priorities:

Hands-on application development to support current and target processes.

Collaborate with multiple technology teams to implement the target architecture and migrate to the strategic platform.

Elaborate requirements for data sourcing elements for calculating risk-weighted assets.

Define business logic for computing financial elements and process flows for generating Basel rules-based capital ratios.

Ensure compliance with regulatory capital reporting under Basel rules.

Regular Points of Contact:

Enterprise Capital Management technology team members.

Cross-functional teams, including data sourcing, architecture, and regulatory compliance teams.

Client Interactions:

Limited direct client interaction; focus is on internal stakeholders and regulatory compliance.

Example Projects and Expected End-Result:

Development of a stable, scalable, and sustainable capital reporting and analysis platform.Implementation of innovative tech-based solutions for regulatory capital calculations.

Performance tuning and optimization of data-intensive applications.

Project:

Building a strategic platform for regulatory capital reporting and analysis under Basel rules.

Migrating legacy systems to a modern, scalable architecture.

Selling Points:

Opportunity to work on cutting-edge big data technologies (Spark, Hadoop).

Exposure to large-scale enterprise application design and implementation.

Collaboration with a high-performing team in a fast-paced agile environment.

Opportunity to contribute to regulatory compliance for a leading financial institution.

- Hard Skills:

Strong background in Basel regulations, Basel 3 endgame, FRTB, SACCR

Ability to read Python and translate that into logical components.

Prior experience working on tools like Altryx, Trifacta

5+ years of SQL programming experience (preferably Oracle Exadata)

Strong data analytical skills.

- Soft Skills:

Excellent communication skills.

Creative problem-solving abilities.

Ability to work in a fast-paced agile environment.

location: Jersey City, New Jersey

job type: Contract

salary: $54.62 - 64.62 per hour

work hours: 9am to 5pm

education: Bachelors



responsibilities:

Job Responsibilities

• Elaborate requirements for data sourcing elements for calculating risk-weighted assets.
• Define business logic for computing financial elements and process flows for generating Basel rules-based capital ratios.
• Ensure compliance with regulatory capital reporting under Basel rules.

qualifications:

Preferred Skills/Experience

- Degree from a top-tier university.

- Background in capital calculations and regulatory compliance.

- BS/MS in Computer Science, Engineering, or a quantitative discipline.

- Experience with agile methodologies and SDLC processes.

- Familiarity with Quartz (internal bank platform).

- Strong technical expertise in Python and big data technologies.

- Proven ability to optimize and scale enterprise applications.

- Innovative mindset with a track record of implementing creative solutions.

- Excellent communication and collaboration skills.

- Strong understanding of regulatory capital reporting and Basel rules.

- Basel rules

- Risk-weighted assets (RWA)

- Regulatory capital reporting

- Big data (Spark, Hadoop)

- Oracle Exadata

- Agile development

- Trifacta

- Altryx

skills:

agile methodologies,Agile development,Hadoop,Spark,data-intensive applications,big data technologies,Big data,business logic,data analytical skills,enterprise application,enterprise applications,Computer Science,legacy systems,Oracle Exadata,Performance tuning and optimization,Python,Quartz,SQL programming,SDLC processes,Excellent communication skills,communication,Creative problem-solving,Soft Skills,client interaction,Collaboration,architecture,Basel 3,calculating,calculations,Capital Management,regulatory capital,Client Interactions,data sourcing,financial institution,innovative,Innovative mindset,financial,collaboration skills,Ensure compliance,regulatory compliance,Risk,Selling,scalable architecture,migrate,target architecture

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad Digital, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad Digital offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).

This posting is open for thirty (30) days.