Technical Business Analyst –FRTB/Market Risk

About the role

We are seeking a highly analytical Technical Business Analyst with deep domain expertise in Fundamental Review of the Trading Book (FRTB) and Market Risk to support our enterprise Risk and Front Office technology initiative. Operating within the US Basel III Endgame expanded risk-based framework, you will work closely with Market Risk business users, Front Office teams, and Technology architects to translate complex regulatory requirements into technical reporting specifications and data architecture solutions. This is a 6–12 month contract with high likelihood of multi-year extensions, strictly W2 only, located in Charlotte, NC with a hybrid schedule of 2 to 3 days onsite weekly.

Responsibilities

• Lead business analysis and translate regulatory reporting requirements for the Sensitivities-Based Method (SBM), Default Risk Charge (DRC), and Residual Risk Add-On (RRAO) under the US Basel III Endgame framework.
• Translate US FRTB mandates into technical reporting specifications; validate Standardized Approach (SA) and Internal Model Approach (IMA) calculations within the technology platform.
• Partner with Market Risk, Front Office, and Engineering teams to establish robust data lineage, ensure market data integrity, and guarantee reporting accuracy across risk systems.
• Design comprehensive UAT testing frameworks, reconcile risk calculator outputs against benchmark models, and support downstream integration into regulatory reporting platforms.
• Utilize SQL and/or Python to perform deep-dive data analysis, validate risk sensitivities, reconcile calculator results, and troubleshoot reporting discrepancies.

Requirements

• Hands-on experience as a Technical BA working directly with FRTB (Fundamental Review of the Trading Book) and Market Risk frameworks.
• In-depth understanding of US Basel III Endgame rules, SBM, DRC, RRAO, and risk sensitivities/market data.
• Strong proficiency in SQL or Python for data analysis, querying, data lineage validation, and calculator reconciliation.
• Proven experience designing UAT frameworks, validating SA/IMA calculator outputs, and supporting regulatory reporting integration.
• Excellent capability to act as a bridge between Market Risk business stakeholders, Quantitative teams, and Software Development teams.

Skills

SQL, Python, data analysis, data lineage, UAT design, regulatory reporting, FRTB, Market Risk, Basel III Endgame.

Benefits

• Medical and Prescription Drug Plans
• Dental Plan
• Vision Plan
• Health Savings Account
• Health Flexible Spending Account
• Dependent Care Flexible Spending Account
• Supplemental Life Insurance
• Short Term and Long Term Disability Insurance
• Business Travel Insurance
• 401(k), Plus Match

Pay

$55.00 – $65.00 / hour (W2)

Schedule

Hybrid – 2 to 3 days onsite weekly