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Raymond James · 4 hours ago

Senior Business Analyst, Financial Risk Technology

St. Petersburg, FL

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Raymond James is a financial services company seeking a Senior Business Analyst focused on financial risk systems. This role acts as a bridge between business stakeholders and technology teams, supporting the design and enhancement of financial risk systems while ensuring accurate risk reporting and controls.

BankingFinancial ServicesInformation TechnologyInsuranceWealth Management

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Analyze financial risk metrics such as Market Risk, Credit Risk, Counterparty Risk, and Liquidity Risk. Exposure to XVA concepts (e.g., CVA, DVA, FVA) is a plus

Work closely with Risk Managers, Traders, Financial Advisors, and IT teams to understand risk methodologies and business processes

Translate regulatory and internal risk requirements into functional and technical specifications

Support development and enhancement of risk calculation engines, exposure systems, and reporting tools

Validate risk results and perform data reconciliations between front-office, risk, and finance systems

Ensure risk data accuracy, completeness, and audit readiness

Support regulatory and internal risk frameworks (e.g., Basel, stress testing, capital and accounting regulations)

Analyze large datasets related to trades, exposures, market data, and counterparty information

Define data requirements and support data lineage, controls, and governance initiatives

Several years of experience partnering with IT teams on system integrations, data feeds, ETL processes, and automation

Support UAT (User Acceptance Testing) and production releases of risk applications

Act as a liaison between business users and technology teams

Create Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), process flows, and data mappings

Support Agile or Waterfall project delivery, including sprint planning, testing, and issue resolution

Strong understanding of financial products (Derivatives, FX, Rates, Credit, Equities)

Knowledge of risk concepts such as VaR, stress testing, and exposure metrics

Strong SQL skills for data analysis and reconciliation

Experience with Excel (advanced formulas, pivots)

Experience working with risk systems or data warehouses

Working knowledge with Jira or Team Foundation Server (TFS)

Exposure to GenAI/ChatGPT/CoPilot tools knowledge will be a plus

Familiarity with Python or VBA will be a plus

Strong analytical and problem-solving skills

Ability to translate complex financial concepts into clear business requirements

Excellent communication and stakeholder management skills

Attention to detail and strong documentation skills

Qualification

Financial Risk AnalysisSQLRisk ConceptsData AnalysisAgile MethodologiesExcelStakeholder ManagementProblem SolvingDocumentation SkillsCommunication SkillsProject Management

Required

Analyze financial risk metrics such as Market Risk, Credit Risk, Counterparty Risk, and Liquidity Risk