Work mode Hybrid(4 days office per week)

Job Summary

We are seeking an experienced

Business Analyst

with solid knowledge of

Counterparty Credit Risk (CCR), credit exposure measurement, financial products, and regulatory reporting . The BA will be responsible for understanding business requirements, defining data mapping and business logic, preparing functional requirements, and working closely with technology teams to deliver solutions for counterparty credit exposure monitoring and regulatory reporting.

The role will involve working with stakeholders across Risk, Finance, Operations, Technology, and senior management to support reporting such as

Counterparty Concentration Reports, Large Exposure Framework (LEF), and Single Counterparty Credit Limit (SCCL) . The candidate will also support user testing, production issues, implementation, migration, and project governance activities.

Key Responsibilities

Analyze and understand

counterparty credit exposure measurement

across various financial products and transactions.

Understand product attributes and data structures from upstream systems, including:

Lending Products

Credit Facilities

Securities

Securities Financing Transactions (SFT)

Credit Default Swaps (CDS)

Letters of Credit (LC)

Create detailed

data mapping specifications

between upstream source systems and internal risk/monitoring reports.

Develop business and mapping logic for

counterparty credit exposure reporting .

Support regulatory reporting requirements including:

Large Exposure Framework (LEF)

Single Counterparty Credit Limit (SCCL)





Counterparty Concentration Reporting

Translate business requirements into clear

Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), user stories, process flows, and data mapping documents .

Liaise with IT developers, data engineers, QA teams, and application teams to communicate requirements and clarify business logic.

Analyze source-to-target data mappings and identify data quality, transformation, and reconciliation issues.

Understand and quickly apply new regulatory and risk concepts, including

LEF Risk Shifting

for CDS, SFTs, Derivatives, Guarantees, and LC Fronting.

Coordinate and manage

User Acceptance Testing (UAT) , including test planning, test scenarios, test data, defect tracking, and business sign-off.

Support implementation, deployment, migration, and post-production validation activities.

Investigate production issues related to counterparty exposure and regulatory reporting and coordinate resolution with relevant technology teams.Perform

root cause analysis

for data, reporting, and calculation-related issues.

Validate exposure calculations, reporting outputs, data transformations, and reconciliation results.





Coordinate with business and technology stakeholders throughout the project lifecycle.

Prepare and communicate project updates, risks, issues, dependencies, and progress to

project leadership and senior management .

Participate in requirements workshops and stakeholder meetings and document decisions and action items.

Ensure solutions comply with business requirements, internal risk policies, and applicable regulatory standards.

Required Skills & Experience

5+ years of experience as a Business Analyst

in banking, financial services, risk management, or regulatory reporting.

Strong understanding of

Counterparty Credit Risk (CCR)

and credit exposure concepts.

Experience with

regulatory reporting, risk reporting, or credit risk platforms .

Strong understanding of financial products such as:

Securities Financing Transactions (SFT)

Lending/Credit Facilities

Securities

CDS

Letters of Credit

Experience creating

data mapping, business rules, functional requirements, and process documentation .

Knowledge of

LEF (Large Exposure Framework)

and/or

SCCL (Single Counterparty Credit Limit)

is highly preferred.

Experience working with large and complex datasets and performing source-to-target analysis.

Strong experience coordinating

UAT and production implementation .

Ability to work effectively with developers, QA teams, data teams, Risk, Operations, and senior stakeholders.

Strong analytical, problem-solving, documentation, and communication skills.

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📌 Business System Analyst (Winnipeg)
🏢 Smart IT Frame
📍 Winnipeg