Business Analyst - Risk Management (ibank; $60-70k) | Hong Kong, HK | In-Office

This is a leading financial institution within capital market sector, looking for a Business Analyst for their new risk reporting system.

This is a leading financial institution within capital market sector, looking for a Business Analyst for their new risk reporting system.

Responsibilities

• Act as a senior Business Analyst supporting the design, enhancement, and maintenance of risk reporting systems for derivatives trading businesses.

• Work closely with Risk Management, Front Office, Finance, and Technology teams to gather, analyze, and document business and functional requirements.

• Translate risk methodologies and regulatory requirements into clear system specifications and reporting logic.

• Support and lead User Acceptance Testing (UAT) activities, including test strategy, test case design, execution coordination, defect triage, and sign‑off.

• Validate risk calculations and reports, including VaR, sensitivities (Greeks), stress testing, P&L explain, and limit monitoring.

• Ensure accuracy, completeness, and timeliness of risk data produced by trading and risk systems.

• Assist with regulatory and management reporting related to market risk and derivatives exposure.

• Partner with technology teams to support system upgrades, model changes, data remediation, and production issues.

• Provide subject‑matter expertise on derivatives products and risk metrics throughout project delivery cycles.

Requirements

• Bachelor's degree in Finance, Risk Management, Mathematics, Computer Science, or related discipline

• 8+ years of experience as a Business Analyst, Market/Counterparty Risk professional, or similar role within financial institutions or capital markets.

• Candidates working as System Analyst for finance system / risk reporting system will also be considered.

• Strong hands‑on experience supporting risk management or risk reporting systems for derivatives trading.

• Solid understanding of market risk concepts and calculations, including Value at Risk (VaR), stress testing, sensitivities/Greeks, and exposure metrics.

• Proven experience in UAT with ownership of test cases, execution, defect management, and business sign‑off.

• Deep knowledge of derivatives products (e.g. FX, rates, equity derivatives, options, swaps).

• Ability to bridge business and technology, with strong skills in requirements documentation and stakeholder communication.

• FRM certification (completed or in progress) is highly preferred.

• Strong analytical mindset, attention to detail, and ability to work in complex, fast‑paced environments.