Market Risk - Ba/Da

Software Guidance & Assistance, Inc., (SGA), is searching for a Market Risk - BA/DA for a contract assignment with one of our premier financial services clients in Jersey City, NJ. Responsibilities :

• Risk System Ownership & Optimization: Manage and refine market risk platforms to ensure robust performance, data quality, and scalability.
• Automation & Technical Solutions: Utilize advanced programming skills (Python, SQL) to automate manual processes and build new risk analytics tools.
• Risk Metrics & Reporting: Compute, analyze, and validate market risk metrics (Value-at-Risk, Stress Tests, Scenario Analysis) for various asset classes.
• Data Governance & Analysis: Act as a data steward to define data quality expectations, validate data integrity, and lead remediation efforts for data risks.
• Technical Leadership: Lead the design, development, and implementation of high-performance, scalable market risk systems.
• Strategic Advisory & Leadership: Collaborate with Front Office, Risk Managers, and Technology partners to define and enforce risk limits, providing actionable insights on volatility and hedging strategies.
• Project Management & UAT: Lead User Acceptance Testing (UAT) for system upgrades, regulatory compliance changes (e.g., FRTB), and new product onboarding
• Stakeholder Engagement: Collaborate closely with Risk Managers, Quants, Front Office traders, and technology teams to ensure risk systems meet business needs.
• Process Improvement: Streamline existing risk reporting processes through automation.
• Mentorship: Guide junior developers and analysts, fostering technical growth within the squad.

Required Skills:

• Bachelor's degree in Computer Engineering, Finance, Mathematics, or a related quantitative field.
• 10+ years of experience in market risk management, quantitative risk analytics, or front-office technology within a financial services institution (investment bank, asset manager, or hedge fund).
• Python: Advanced proficiency data analysis and automation scripting
• SQL: Advanced complex query writing and data modeling
• Visualization: Power BI, Tableau, or equivalent BI tools for risk reporting dashboards
• Demonstrated track record of leading complex, cross-functional technology programs in a risk or trading environment.
• Hands-on experience with the full software development lifecycle (SDLC) in a risk technology context.
• Deep understanding of financial products across asset classes: Equities, Fixed Income, Foreign Exchange, Commodities, and Derivatives.
• Strong command of market risk methodologies: VaR (Historical, Monte Carlo, Parametric), Expected Shortfall (ES), Greeks, Stress Testing, and Scenario Analysis.
• Solid knowledge of regulatory frameworks: FRTB, Basel III/IV, CCAR, ICAAP, and applicable local regulatory requirements.
• Familiarity with quantitative finance concepts
• Analytical Problem-Solving: Ability to decompose complex, ambiguous risk problems into structured analytical frameworks and deliver data-driven solutions that inform senior decision-making.
• Communication & Influence: Exceptional ability to communicate technical risk concepts to diverse audiences from traders and quants to C-suite executives and regulators with clarity and conviction.
• Leadership & Ownership: Demonstrates strong ownership mentality; leads by example, drives accountability, and inspires confidence across cross-functional teams.
• Adaptability & Resilience: Thrives in a dynamic, high-pressure environment with competing priorities, regulatory deadlines, and rapidly evolving market conditions.
• Stakeholder Management: Skilled at building and maintaining trusted relationships with senior stakeholders across the Front Office, Risk, and Technology functions.
• Continuous Improvement Mindset: Proactively seeks opportunities to optimize processes, modernize technology, and elevate team performance through innovation and best practices.

Preferred Skills:

• Master's degree preferred.
• Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are a strong advantage.

SGA is a technology and resource solutions provider driven to stand out. We are a women-owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say let's work better together, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work. Please find us at https://sgainc.com/ . SGA is an Equal Opportunity Employer and does not discriminate on the basis of Race, Color, Sex, Sexual Orientation, Gender Identity, Religion, National Origin, Disability, Veteran Status, Age, Marital Status, Pregnancy, Genetic Information, or Other Legally Protected Status. We are committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, and our services, programs, and activities. Please visit our company EEO page to request an accommodation or assistance regarding our policy