Credit Risk Business Analyst

Job Title: Credit Risk Business Analyst

Location: London/Northampton

Role Overview

We are seeking a highly experienced and analytical Business Analyst with over 8 years of experience in the Credit Risk domain, specifically within Corporate & Investment Banking. The ideal candidate will possess deep domain knowledge of credit risk frameworks, regulatory requirements, and financial instruments, along with strong communication and analytical skills. This role is critical in driving strategic risk initiatives and ensuring the successful delivery of projects across credit risk management, reporting, and compliance.

Hybrid working:

The places that you work from day to day will vary according to your role, your needs, and those of the business; it will be a blend of Company offices, client sites, and your home; noting that you will be unable to work at home 100% of the time.

Your Role

Requirements Elicitation & Analysis

• Lead workshops and discussions with stakeholders across Risk, Finance, Front Office, and Technology to gather and analyze detailed functional and non-functional requirements related to credit risk.
• Understand and document business processes around credit origination, risk rating, exposure management, limit monitoring, and collateral management.

Domain Expertise Application

• Apply deep knowledge of Credit Risk concepts including counterparty risk, credit scoring, internal/external ratings, PD/LGD/EAD modeling, and credit exposure measurement.
• Understand workflows across corporate lending, trade finance, and investment banking products from a credit risk perspective.

Solution Design & Documentation

• Translate complex credit risk requirements into functional specifications, user stories, process flows, and data models.
• Support the design of risk systems and interfaces for credit risk data capture, aggregation, and reporting.

Stakeholder Management

• Act as a bridge between Credit Risk, Finance, Regulatory Reporting, and IT teams to ensure alignment and clarity throughout the project lifecycle.
• Engage with senior stakeholders to present findings, influence decisions, and manage expectations.

Data Analysis & Mapping

• Perform source-to-target data mapping for credit risk attributes including ratings, exposures, limits, and collateral.
• Support data lineage, data quality checks, and integration with risk engines and reporting platforms.

Testing Support

• Collaborate with QA and UAT teams to define test scenarios, validate credit risk calculations, and ensure regulatory compliance.
• Support reconciliation of risk data across systems and reports.

Change Management

• Assist in training and change adoption for new credit risk systems, processes, and regulatory changes.
• Develop user guides and training materials for business users.

Problem Solving

• Identify gaps in credit risk processes or systems, propose solutions, and assess impact on upstream/downstream systems.

Project Lifecycle Participation

• Participate in Agile ceremonies and SDLC phases from requirement gathering to post-implementation support.
• Contribute to sprint planning, backlog grooming, and retrospectives.

Market & Regulatory Awareness

• Stay updated on regulatory developments such as Basel III/IV, IFRS 9, CRD IV, and local regulations (e.g., RBI guidelines).
• Understand implications of regulatory changes on credit risk systems and reporting.

Your Job

Required Skills and Experience

• Experience: 8+ years as a Business Analyst in Credit Risk or Risk Management within Corporate & Investment Banking.
• Domain Expertise: Strong understanding of credit risk lifecycle, rating methodologies, exposure management, and regulatory frameworks.
• Requirements Management: Proven experience in managing complex risk-related requirements across large-scale transformation programs.
• Analytical Skills: Strong analytical and problem-solving abilities, especially in risk data and metrics.
• Communication: Excellent verbal and written communication skills for both technical and business audiences.
• Stakeholder Engagement: Experience working with Risk, Finance, Compliance, and Technology teams.
• Methodologies: Agile/Scrum experience preferred.
• Tools: Proficiency in JIRA, Confluence, and process modeling tools.

Preferred Skills and Experience

• Technical Acumen: Basic understanding of SQL, data warehousing, and risk system architecture.
• Certifications: CFA, FRM, or other relevant risk/finance certifications.
• Project Management: Exposure to PM principles or certifications (e.g., PMP, Prince2).
• Data Visualization: Experience with Tableau, Power BI for risk dashboards and reporting.

We are a Disability Confident Employer:

Capgemini is proud to be a Disability Confident Employer (Level 2) under the UK Government’s Disability Confident scheme. As part of our commitment to inclusive recruitment, we will offer an interview to all candidates who:

• Declare they have a disability, and 
• Meet the minimum essential criteria for the role.

Please opt in during the application process.

Make It Real (what does it mean for you):

• You’d be joining an accredited Great Place to work for Wellbeing in 2024. Employee wellbeing is vitally important to us as an organisation.  We see a healthy and happy workforce a critical component for us to achieve our organisational ambitions. 
  To help support wellbeing we have trained ‘Mental Health Champions’ across each of our business areas, and we have invested in wellbeing apps such as Thrive and Peppy.
• You will be empowered to explore, innovate, and progress. You will benefit from Capgemini’s ‘learning for life’ mindset, meaning you will have countless training and development opportunities from thinktanks to hackathons, and access to 250,000 courses with numerous external certifications from AWS, Microsoft, Harvard ManageMentor, Cybersecurity qualifications and much more.
• You will be joining one of the World’s Most Ethical Companies®, as recognised by Ethisphere® for 13 consecutive years. We live our values by making ethical business choices every day. Working ethically is at the centre of our culture at Capgemini, meaning you will be helping to create a future we can all be proud of.

Why you should consider Capgemini:

Growing clients’ businesses while building a more sustainable, more inclusive future is a tough ask.  When you join Capgemini, you’ll join a thriving company and become part of a collective of free-thinkers, entrepreneurs and industry experts.  We find new ways technology can help us reimagine what’s possible.  It’s why, together, we seek out opportunities that will transform the world’s leading businesses, and it’s how you’ll gain the experiences and connections you need to shape your future.  By learning from each other every day, sharing knowledge, and always pushing yourself to do better, you’ll build the skills you want. You’ll use your skills to help our clients leverage technology to innovate and grow their business. So, it might not always be easy, but making the world a better place rarely is.

About Capgemini:

Capgemini is an AI-powered global business and technology transformation partner, delivering tangible business value. We imagine the future of organisations and make it real with AI, technology and people. With our strong heritage of nearly 60 years, we are a responsible and diverse group of 420,000 team members in more than 50 countries. We deliver end-to-end services and solutions with our deep industry expertise and strong partnerecosystem, leveraging our capabilities across strategy, technology, design, engineering and business operations. The Group reported 2024 global revenues of €22.1 billion.
Make it real | www.capgemini.com