Counterparty Credit Risk (CCR) Business Analyst
Risk Transformation | Tier-1 Banking Program
We're working with a leading consulting firm delivering a large-scale Risk Technology transformation for a major Australian bank. They're seeking a senior CCR / CVA Business Analyst to support enhancements, migrations, and optimisation of enterprise risk platforms.
This role suits someone who thrives in complex environments, can engage confidently with senior stakeholders, and brings deep expertise in counterparty credit risk and derivatives.
The Role
* Deliver CCR & CVA enhancements across enterprise risk platforms
* Own exposure modelling, netting, CSA configuration, stress testing and back-testing
* Lead functional testing, parallel runs, and risk metric validation (MtM, VaR, Monte Carlo exposures)
* Analyse and resolve issues across pricing, sensitivities, and market data
* Work closely with consulting, bank Risk, Front Office, and Technology teams
About You
* 8+ years' experience as a CCR / Market Risk Business Analyst
* Strong expertise in CCR, CVA, FRTB, and risk models
* Solid understanding of derivatives pricing and market data
* Hands-on experience validating EE, PD, LGD, VaR, and stress testing
* Strong SQL skills (Oracle / SQL Server)
* Experience with Murex, Calypso, or FIS highly regarded
Why Join?
* High-profile consulting engagement at a tier-one bank
* Technically challenging work with real delivery ownership