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Your new company

Hays has partnered with a Tier 1 Bank to appoint x2 experienced Counterpart Credit Risk Business Analysts to join their Derivatives Credit Risk Technology Team. If you're an experienced Business Analyst within capital markets, bringing a strong background in CCR and an exceptional understanding of the mechanics and lifecycle of derivatives products (options, futures, forwards and swaps), then we want to hear from you.

Role: 2 x Counterparty Credit Risk Business Analyst
Length: Until 15/10/26 + extension
Location: London
Hybrid: Yes, 3 days in-office
Rate: £900 - £1000/day via Umbrella

Your new role and what you'll need to succeed

• Lead end‑to‑end delivery of complex Counterparty Credit Risk projects, driving requirements, governance, and milestone tracking across global teams.

• Partner closely with Front Office, Risk, Finance, Technology, and Market Regulators to shape business requirements and negotiate solutions to technical and regulatory challenges.

• Produce and manage detailed documentation on Counterparty Risk calculations and system processes – translating them into clear workflows, diagrams, and technical discussions for business and regulator audiences.

• Support testing and validation activity by developing and reviewing test scripts, analysing exposures (PFE/EPE/EAD/RWA), and tracing daily exposure movements across markets, books, and legal agreements.

• Bring strong capital markets and derivatives knowledge, SDLC experience, advanced Excel/data analysis skills, and a proven background in business analysis and project management within Counterparty Credit Risk and regulatory environments.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.