Market Risk Business Analyst – FRTB

Join a high-impact regulatory transformation programme shaping the future of market risk.

We’re looking for a Market Risk Business Analyst to join a growing Traded & Treasury Risk Transformation team (currently 11 strong), delivering critical change across systems, controls, and regulatory compliance.

This is a unique opportunity to work at the heart of FRTB implementation, influencing how market risk is measured, controlled, and reported across a global trading environment.

PLEASE NOTE - the role requires presence in office in Krakow (once/twice per month)

Main Responsibilities

The Business Analyst will be responsible for the following:

• Create and manage JIRA tickets for project tracking.

• Review project scope to align team efforts with objectives.

• Conduct market risk analysis to assess the impact of FRTB regulations on trading practices.

• Ensure regulatory compliance in all project activities.

• Collaborate with stakeholders for controls design and implementation.

• Manage acceptance processes for new systems and controls.

• Communicate regularly with stakeholders for updates and feedback.

• Gather requirements closely with IT and business teams to ensure accuracy.

• Document all project-related requirements and decisions comprehensively.

• Support user acceptance testing (UAT) and regulatory compliance testing.

• Identify and recommend process improvements within the team.

• Utilize Python for automation and data analysis, if applicable.

Key Requirements

• Market Risk experience.

• Banking industry experience.

• Familiarity with industry regulations such as FRTB and IBOR.

• Ability to create and design controls.

• Expertise in acceptance management.

• Strong stakeholder management skills.

• Proficient in working with IT and business teams to gather accurate requirements.

Nice to Have

• Python experience.

• Testing experience.

Other Details

This position involves working within the Traded and Treasury Risk Transformation team and is expected to provide critical support during the implementation phase of FRTB regulations. Candidates from an Operations BAU background are encouraged to apply.