Screening questions will verify hands-on experience with CCR exposure metrics, derivatives risk environments, and data validation in risk change programmes.

? Mumbai (Hybrid)
? Banking / Financial Services – Risk Change Programme
? Experience: 4–8 years
We are hiring a Business Analyst with hands-on Counterparty Credit Risk (CCR) experience to support risk transformation and regulatory initiatives within a global financial services workplace.
This role sits within the Risk Change team, working across Risk Management, Technology, and Front Office stakeholders to deliver change across CCR exposure calculation platforms, risk data frameworks, and regulatory programmes.
Candidates with experience in derivatives exposure, CCR risk metrics, or Basel regulatory initiatives will be particularly relevant.

Role Overview
As a Business Analyst in the Risk Change team, you will support delivery of projects related to:
• Counterparty Credit Risk exposure calculations
• Risk data platforms and analytics frameworks
• Regulatory change initiatives
• Strategic risk system transformations




You will work closely with Lead Business Analysts, programme managers, risk SMEs, and technology teams to translate business requirements into system and process improvements.

Key Responsibilities
Risk Change Programme Delivery
- Support delivery of Counterparty Credit Risk change initiatives
- Work with risk stakeholders to capture business and functional requirements
- Contribute to risk platform and data architecture enhancements

Business Analysis
- Produce documentation including BRDs, functional specifications, and process flows
- Create data mapping artefacts and workflow diagrams
- Ensure documentation aligns with SDLC governance standards

Requirements & Stakeholder Management
- Participate in requirements workshops with risk SMEs
- Translate discussions into user and functional requirements
- Collaborate with Risk, Technology, and Front Office teams

Testing & Implementation
- Support

📌 Senior Business Analyst – Counterparty Credit Risk (Mumbai)
🏢 NextWave Consulting
📍 Mumbai