Risk IT Business Analyst (Counterparty Credit Risk)

Risk IT Business Analyst (Counterparty Credit Risk)

Req ID: 384307 

NTT DATA strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now.

We are currently seeking a Risk IT Business Analyst (Counterparty Credit Risk) to join our team in Noida, Uttar Pradesh (IN-UP), India (IN).

Job Description – Risk IT Business Analyst (Counterparty Credit Risk)

Experience: 8+ Years | Employment Type: Full-Time

Position Summary

We are seeking an experienced Risk IT Business Analyst with strong expertise in Counterparty Credit Risk (CCR) and Business Analysis to support enterprise risk management and technology transformation initiatives within the Banking and Financial Services domain. The ideal candidate will possess in-depth knowledge of CCR methodologies, regulatory frameworks, and risk management processes, along with proven experience in translating complex business requirements into scalable technology solutions.

Key Responsibilities

• Collaborate with business stakeholders, risk teams, technology teams, and project managers to gather, analyze, and document business and functional requirements.
• Support the design, implementation, and enhancement of Counterparty Credit Risk (CCR) solutions across enterprise risk platforms.
• Analyze and document business processes, functional specifications, data flows, process maps, user stories, and acceptance criteria.
• Support implementation and validation of CCR methodologies including SA-CCR, Expected Exposure (EE), Expected Positive Exposure (EPE), Potential Future Exposure (PFE), and Credit Valuation Adjustment (CVA).
• Work closely with Risk, Trading, Finance, Operations, and Technology teams to ensure regulatory compliance and successful project delivery.
• Support margining, collateral management, exposure calculations, and counterparty risk management processes.
• Participate in initiatives involving Counterparty Credit Risk agreements, legal documentation, novation, and lifecycle management.
• Facilitate stakeholder workshops, requirement walkthroughs, UAT support, defect triage, and solution validation.
• Ensure end-to-end traceability of requirements while supporting Agile, Waterfall, or Hybrid delivery methodologies.

Required Skills & Experience

• 8+ years of experience as a Business Analyst within Banking or Financial Services.
• Strong domain expertise in Counterparty Credit Risk (CCR) and associated regulatory frameworks.
• Sound understanding of SA-CCR, EE, EPE, PFE, CVA, exposure measurement, and counterparty risk management concepts.
• Experience with margining, collateral management, counterparty agreements, and novation processes.
• Strong experience in business analysis, requirement elicitation, process modeling, data analysis, and functional documentation.
• Excellent stakeholder management, analytical, communication, and problem-solving skills.
• Experience working in Agile/Scrum and Waterfall project environments.

Preferred Skills

Knowledge of Capital Markets, Derivatives, Market Risk, Credit Risk, Trade Lifecycle, Regulatory Reporting, SQL, Jira, Confluence, Visio, and enterprise risk management platforms will be an added advantage.

Education

Bachelor's or Master's degree in Computer Science, Information Technology, Finance, Engineering, Business Administration, or a related discipline.

Key Competencies

Counterparty Credit Risk • Business Analysis • Risk Management • Functional Requirements • Regulatory Compliance • Margin & Collateral Management • Stakeholder Management • Data Analysis • Process Modelling • Agile Delivery • Communication • Problem Solving

 

About NTT DATA

NTT DATA is a $30 billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world's leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. our consulting and Industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 50 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is a part of NTT Group, which invests over $3 billion each year in R&D.

Whenever possible, we hire locally to NTT DATA offices or client sites. This ensures we can provide timely and effective support tailored to each client’s needs. While many positions offer remote or hybrid work options, these arrangements are subject to change based on client requirements. For employees near an NTT DATA office or client site, in-office attendance may be required for meetings or events, depending on business needs. At NTT DATA, we are committed to staying flexible and meeting the evolving needs of both our clients and employees. NTT DATA recruiters will never ask for payment or banking information and will only use @nttdata.com, @nttdatafed.com and @talent.nttdataservices.com email addresses. If you are requested to provide payment or disclose banking information, please submit a contact us form, https://us.nttdata.com/en/contact-us.

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Experience Level

Senior Level