Application Production Support Analyst

Job Description

Application Production Support Analyst Experience: 3 to 7 years We are seeking an Application Production Support Analyst to join our team, supporting a leading investment banking client. This role requires a strong understanding of investment banking flows and a focus on ensuring the accuracy and timely provision of critical risk measures and data integrity. Responsibilities: Direct Responsibilities: Gain a deep understanding of the investment banking flow and overall business operations. Ensure the accurate calculation of capital measures such as Value-at-Risk (VaR), Stress VaR, Incremental Risk Charge (IRC), Comprehensive Risk Measure (CRM) including floor calculation, counterparty risk exposure capital, and VaR-on-CVA for the covered perimeter. Ensure the timely re-calibration of these models and perform back-testing to support their usage for capital declaration. Ensure the accurate calculation of other critical risk measures, including credit value adjustments and market risk reserves that impact the bank's P&L. Ensure the timely provision of other risk measures such as stress testing and Greeks, as required by users for limit monitoring, analysis, and reporting. Ensure system users receive the agreed level of service. Responsible for data integrity, including actively checking data integrity within the system. Research, diagnose, troubleshoot, and identify solutions to resolve functional/data issues/queries. Able to understand KPI reporting and prepare accurate and timely reports. Provide a first level of explanation on the level and movements of risk metrics displayed and computed within Risk Systems: Risk Sensitivities, Capital Charges, Reserves, Stress Tests, CVA, Limits, and Exposure. Ensure appropriate and timely communication with all stakeholders. Perform the above tasks in collaboration and agreement with team leaders, project leads, other development staff, and where necessary, with Business Analysts, Application Production, and Infrastructure teams. Required Skills and Qualifications: 3 to 7 years of experience in application production support. Proven Functional/Business Support experience . Awareness and understanding of Market and Counterparty Risk . Strong analytical and problem-solving skills with attention to detail. Ability to work effectively in a fast-paced investment banking environment. Excellent communication and interpersonal skills.