Explore senior IT Business Analyst jobs specializing in Markets, Risk, and Controls Technology, a pivotal role at the intersection of finance, technology, and regulatory compliance. Professionals in this high-impact position act as the crucial liaison between business stakeholders—such as traders, risk managers, and compliance officers—and technology development teams. Their primary mission is to translate complex business needs, particularly those related to financial markets, risk measurement, and control frameworks, into detailed technical requirements and functional specifications for software solutions. A Senior IT Business Analyst in this domain typically shoulders a broad range of responsibilities. They conduct in-depth analysis of front-to-back trading processes, risk models (like market, credit, and operational risk), and regulatory reporting requirements. This involves facilitating workshops, documenting current and future state workflows, and identifying gaps in existing systems. A core part of the role is defining requirements for systems that monitor trading limits, calculate risk metrics, ensure data integrity, and automate control procedures to meet stringent regulations like MiFID II, Dodd-Frank, or Basel III. They also play a key role in user acceptance testing (UAT), ensuring delivered solutions meet business objectives and are adopted successfully. The typical skill set for these jobs is both deep and diverse. Candidates generally require strong analytical and problem-solving abilities, coupled with excellent communication and stakeholder management skills to explain technical concepts to non-technical audiences and vice-versa. A solid understanding of capital markets products (equities, fixed income, derivatives), risk management principles, and the regulatory landscape is essential. On the technical side, proficiency in SQL for data analysis, experience with Agile/Scrum methodologies, and familiarity with data visualization tools are common requirements. A bachelor’s degree in finance, computer science, information systems, or a related field is typical, with many professionals also holding advanced degrees or certifications like the CFA, FRM, or CBAP. For those seeking to advance their career, senior-level jobs in this field offer the opportunity to lead requirements gathering for large-scale technology programs, mentor junior analysts, and influence strategic technology decisions that directly affect an organization's risk exposure and regulatory standing. It is a role demanding precision, strategic thinking, and a passion for leveraging technology to solve critical business challenges in the fast-paced world of financial markets.
