Business Analyst for Credit Risk Stress Testing

ITTF FRS is an IT framework encompassing Projects & Systems of Finance and RISK functions that brings together a community of 1.600 experts coming from Finance, RISK, and IT backgrounds, with a strong focus on efficiency, proximity, agility, and time-to-market.

It is a new worldwide organizational model that contributes to tackle major challenges of Group’s transformation of today and tomorrow, building the best offer for Finance and RISK community through a progressive rotation towards new technologies and best practices.

ITTF FRS is a unique organization, part of IT Group yet actively managed through an innovative partnership with Finance and RISK.

Risk Dedicated Solutions is in charge of delivering dedicated solutions for RISK reporting streams and supporting RISK missions and transformation.

RDS 06 - Risk Stress Testing team is in charge of implementing stress test calculation engines for credit risk, internal capital and IFRS9 provisions.

Within the scope of the projects monitored by the team, there are high visibility projects (Basel IV and IFRS9), regulatory developments (climatic stress tests, EBA stress tests, etc.) and internal developments.

The systems involved aim to:

• Provide the calculation of risk parameters;
• Provide metrics for regulatory purposes: provisions, cost of risk, capital and RWA;
• Ensure the generation of macro-scenarios;
• Perform data quality processes;
• Allow users to monitor their own stress test use cases autonomously, by using a dedicated user interface.

In Portugal (Lisbon & Oporto), the team will be in charge of both production and support to end users.

The team will also be part of the definition, specification, and testing regarding new evolutions of the engines and the UI, accordingly.

Main Tasks and Responsibilities:

• Understand and analyze the needs expressed by the business teams, specifying, and testing them in order to enable the deployment of the solution while respecting the budget and both regulatory and deadline constraints, in an Agile organization;
• Work in close collaboration with the various stakeholders and, in particular, the business contacts and the team's developers;
• Participate in the process of producing official stress test results and provide functional support;
• Be a force for proposals with a view to continuous improvement, in order to guarantee the operation of the engines, their maintainability and their scalability;
• Acquire a transversal vision of the products / processes within its perimeter of responsibility.