Bonhill Partners
Quant Business Analyst – Counterparty Credit Risk (PFE)
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Quant Business Analyst – Counterparty Credit Risk (PFE)
We're supporting a leading global investment bank in the search for an experienced Quant Business Analyst to join a major risk transformation programme. This is an exciting opportunity to work on the implementation of strategic counterparty credit risk initiatives within a complex front-office and risk technology environment.
Contract Details
- Day Rate: £600–£700 per day (Inside IR35)
- Contract: 6-month rolling contract
- Location: London
- Working Pattern: 4 days per week in the office
The Opportunity
You'll play a key role in delivering a strategic risk migration programme, focusing on Potential Future Exposure (PFE) implementation and the adoption of a strategic risk calculation platform. Working alongside Risk Technology, Quantitative Analytics, Front Office and Credit Risk teams, you'll bridge business and technology to deliver critical risk capabilities across the bank.
This role is ideal for a technically strong Business Analyst with deep quantitative knowledge of counterparty credit risk and experience delivering complex risk technology projects within investment banking.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Key Responsibilities
- Support the delivery of a strategic risk migration programme from a Risk Technology perspective.
- Perform business and technical analysis to support the implementation of PFE models and risk metrics.
- Gather, document and validate detailed business and functional requirements.
- Map trade and market data into the strategic risk platform.
- Work closely with Quant teams to understand and validate PFE calculation methodologies across Interest Rate, FX and Credit products.
- Partner with Credit Risk stakeholders to support end-of-day and intraday risk monitoring.
- Collaborate with technology teams, project managers and third-party vendors to deliver project milestones.
- Define and execute testing strategies, including unit, integration and end-to-end testing.
- Investigate and resolve production issues while driving long-term improvements.
- Build strong relationships across Technology, Risk Analytics, Credit Risk, Market Risk and Front Office teams.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Required Experience
- Extensive Business Analyst experience delivering Risk Technology initiatives within an investment banking environment.
- Strong understanding of Counterparty Credit Risk and Potential Future Exposure (PFE).
- Experience implementing PFE solutions across Interest Rate, FX and Credit products.
- Knowledge of pricing models, simulations and quantitative risk methodologies.
- Proven experience gathering business requirements and producing functional specifications.
- Strong experience supporting UAT, integration and end-to-end testing.
- Excellent stakeholder management across both business and technology teams.
- Strong analytical, communication and problem-solving skills.
- Minimum 5 years' experience working within Credit Risk, Quantitative Risk or Risk Technology.
Desirable
- Experience with FraimWRX (formerly QuIC).
- Experience with Murex or other strategic pricing/risk engines.
- Experience working with vendor-based risk calculation platforms.
- Degree educated in a relevant discipline.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location