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Business Analyst, Risk It

Company

Jefferies & Company, Inc.

Address , Jersey City, 07302, Nj
Employment type FULL_TIME
Salary $150,000 - $225,000 a year
Expires 2023-07-14
Posted at 11 months ago
Job Description

Description

Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

Position / Group description:
The Risk Management IT group provides support to global Risk Management in the areas of technology and information processing for measuring, quantifying, analyzing, controlling, and reporting Risk exposures for traded securities products.
The role is for a Senior Technology Business Analyst within Global Risk Management Technology group. The candidate will be responsible for analyzing and interpreting complex Market Risk and Credit Risk related business problems, translating them into technical solutions, and playing a key role in the development, testing and implementation of the solution. This will involve working closely with stakeholders, developers, and project managers to ensure that the business requirements are understood and incorporated into the technical design and development. This will also include acting as both the BA and Project Manager for smaller implementations that do not require a separate full time PM.

Qualifications

Primary
Responsibilities
  • Perform software development, support, and maintenance for Jefferies Financial Risk Management systems, applications, and components.
  • Function as liaison to coordinate work efforts with teams across the firm to accomplish firmwide initiatives, projects, and delivery of IT solutions (Risk Management, Front and Middle Offices in Equities and Fixed Income divisions, Corporate IT teams such as Treasury and Collateral, and IT Infrastructure teams)
  • Create technical specifications which can be used by developers to build and test the solution/application
  • Analyze and interpret complex business requirements and translate them into a technical solution approach and implementation roadmap
  • Elicit, develop, and define business requirements for systems changes related to Risk Management analytics and processes
  • Participate in all phases of IT project life-cycle including analysis, specification, design, and testing, implementation, and post implementation support
  • Identify and assess risks and limitations associated with technical solutions and recommend strategies for mitigation
  • Perform ad-hoc analysis in various aspects of analytical risk measurement such as exposures, stress tests, VaR, and risk sensitivities
  • Document current and future state business processes and flows
  • Provide analytical support of enterprise-wide Risk Management systems, including diagnosing and troubleshooting of analytics issues, as well as ongoing monitoring and management of Risk system calculations and processes.
  • Conduct enterprise database analysis, management, and integration of front-to-back office enterprise data management using SQL.

Essential Experience/ Skills:
  • Strong understanding of technical concepts and tools relevant to programming, databases, data structures, and SDLC (both Waterfall and Agile)
  • 8+ years of relevant experience as a business analyst in capital markets related large scale implementations
  • Bachelor’s degree, preferably in Computer Science, Engineering, or Mathematics
  • Strong understanding of capital markets concepts, products, and terms
  • Experience in the financial services industry with exposure to market risk or counterparty credit risk applications
  • Knowledge of market risk and credit risk domain analytics such as VaR, PnL vectors, stress testing scenarios, sensitivities, credit exposures, etc.
  • Experience and knowledge of SDLC methodologies and development processes such as requirement gathering, analysis and definition, prototyping, proof of concept, designing and implementation
  • Strong project management and team collaboration skills
  • Familiarity with programming disciples such as Python and Visual Basic
  • Experience using Jira for full development cycle (requirement to deployment).
  • Practical experience with Excel, SQL, and BI Tools for data analysis
  • Strong data analysis skills
  • Excellent communication and problem-solving skills
Personal Attributes:
  • Good time management skills
  • Strong analytical, verbal and written communication skills
  • Self-starter and entrepreneurial in approach
  • Ability to escalate / follow-up proactively
Experience Required:
  • 5+ yrs experience in an analytical systems role in a broker-dealer or financial services company, preferably in the area of Financial Risk Management and/or Risk Management Technology
  • Degrees in Computer Science and Financial Engineering, or related fields
  • Strong interpersonal and communication skills (both verbal and written).
  • Self-starter, ability to work with limited supervision, ability to multitask
  • Enthusiastic, motivated team player, cooperative and collaborative attitude and work ethic.
  • Strong interpersonal and communication skills (both verbal and written).
  • Proven Analytic and problem solving abilities.
  • Experience with large quantitative analytics projects in the Financial Sector
  • Solid understanding of the software development life-cycle process (SDLC).
  • Experience with enterprise database analysis, and proficiency of one or more data analysis tools such as Aqua Data, Oracle SQL Developer, Quest, etc
  • Experience with enterprise database analysis, and proficiency of one or more data analysis tools such as MS Access, Aqua Data, Quest, etc

The salary range for this role is $150,000-$225,000
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with qualified disabilities, as appropriate, under applicable law.
All employees must follow Jefferies’ COVID-19 protocol policy, which is subject to change.

Primary Location: US-NJ-Jersey City

Work Locations: Jersey City 101 Hudson Street Jersey City 07302

Job: Information Technology

Organization: Corporate

Schedule: Full-time

Job Posting: May 12, 2023, 12:58:51 PM

LIJW Tag: #LI-DNI