Business Analyst III

About the role

Robertson is seeking a skilled Business Analyst III to join our client in support of an existing vacancy. Contract Period: 12 months with potential to extend or convert. Pay Rate: Starting from $58 per hour. Location: New York, NY (Hybrid). Business Hours: Monday-Friday, Core business hours.

Responsibilities

• Monitor Prime Brokerage client portfolios and identify emerging markets, credit, concentration, liquidity, and counterparty risks
• Apply sound risk judgment to day-to-day risk management situations, escalating material issues and recommending appropriate risk mitigation measures
• Assist with the oversight of margin, collateral, and risk management processes to ensure alignment with risk policies and risk appetite
• Assess the impact of market events and stress scenarios on client exposures and portfolio risk profiles
• Prepare risk dashboards, portfolio analytics, and management reporting for senior management, risk committees, and regulatory discussions
• Analyze portfolio exposures and emerging risk trends, supporting enhancements to risk monitoring, stress testing methodologies, margin frameworks, and risk management practices
• Contribute to the development and implementation of risk management policies, controls, and infrastructure improvements
• Utilize data analytics, automation, and AI-enabled tools to improve risk monitoring, reporting efficiency, and decision-making processes
• Work with large and complex datasets from multiple internal and external sources to support risk analysis, portfolio monitoring, and business insights
• Identify opportunities to enhance operational efficiency through automation, workflow optimization, and strengthened controls
• Partner with Technology and Data teams to develop analytical solutions and improve the firm's risk management capabilities
• Collaborate closely with Front Office, Operations, Credit Risk, Market Risk, Legal, Compliance, Technology, and Project teams
• Communicate risk issues, recommendations, and analytical findings effectively to stakeholders across varying levels of seniority
• Participate in business, regulatory, and strategic initiatives impacting the Prime Brokerage platform
• Develops and maintains quantitative risk analytics, reporting infrastructure, and data solutions supporting market and credit risk management across cash and synthetic prime brokerage businesses
• Designs and maintains a proprietary Python-based analytics library used to aggregate and transform data from multiple platforms, enabling scalable reporting and risk monitoring
• Performs quantitative analysis, methodology validation, statistical testing, and framework enhancements supporting margin methodologies, stress testing, concentration risk measurement, and policy implementation
• Provides independent oversight of market risk exposures across cash and synthetic prime brokerage portfolios at both the position and counterparty level
• Monitors portfolio risk, investigates limit breaches and emerging risk trends, evaluates margin adequacy and stress testing results, and provides risk assessments and recommendations to management
• Supports governance and policy adherence through ongoing review of concentrations, exposure changes, and early warning indicators
• Serves as the primary liaison between risk stakeholders and technology teams for strategic risk reporting and analytics initiatives
• Translates complex risk management requirements into detailed business and functional specifications, leads user acceptance testing, validates methodology implementation and data quality, and supports end-to-end solution delivery
• Develop rapid prototypes that address immediate business needs while establishing the foundation for enterprise-scale technology solutions

Requirements

• Undergraduate degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, Business, or a related quantitative discipline required
• 5+ years of experience in market risk, counterparty credit risk, margin, collateral management, Prime Brokerage risk, or a related capital markets function
• Strong understanding of capital markets products and risk management concepts, including equities, fixed income securities, derivatives, and financing transactions
• Strong Python, SQL programming

Qualifications

• CFA or FRM certifications
• Experience participating in regulatory, technology, or business transformation initiatives involving multiple stakeholders