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Model Control Business Analyst

Capco

Capco

IT
Toronto, ON, Canada
Posted on Jan 30, 2025

Capco – The Future. Now.

Capco is a distinctly and positively different place to work. Much more than consultants, we are active participants in the global financial services industry. Our passionate business and technology professionals enjoy a unique environment where they are actively encouraged to apply intellect, innovation, experience and teamwork. We ware dedicated to fully supporting our world class clients as they respond to challenges and opportunities in: Banking & Payments, Capital Markets, Insurance, Wealth & Asset Management and Energy. Experience Capco for yourself at capco.com

Let’s Talk About You

You want to Own Your Career. You’re serious about rising as far and as fast as your work and achievements can take you. And you’re ready to write the next chapter of your career story: a challenging and rewarding role as a Capco Project Manager.

Let’s Get Down to Business

Capco is looking for talented, innovative and creative people to join our incredible and growing Team focused on our financial services clients. We are looking for experienced Technology Project Managers with exceptional domain expertise who can work directly with our clients on mission-critical projects.

About the Role

The Model Control Team within Enterprise Risk Model Development is responsible for model implementation testing, related change management, and control function and support for Market Risk models.

This Model Control Specialist role will work primarily on Murex SaaS Implementation program while undergoing a re-platforming from the legacy Murex system to the new Murex SaaS system used primarily for Global FX & Commodities products. The position will work closely with Change Delivery team, Front Office Quant teams, Technology, Model Development (MD), Model Validation (MV/MRM), Market Risk Control (MRC) and related Line of Business Risk Management teams.

Responsibilities

    • Create, oversee, and track model implementation testing requirements and test artifacts for Global FX and Commodities pricing models, and integration with related input models (e.g. curves) and downstream models (e.g. FRTB).
    • Create and own the model implementation test strategy and support of end-to-end test phases.
    • Providing leadership to turn testing requirements into delivery test cases and test plan with analyses and recommendations that meet business objectives within a timely and cost-effective manner.
    • Providing timely updates on project test execution and status, analyses and findings to senior management and various stakeholders.
    • Identifying and escalating issues to the appropriate individual(s)/group(s) to ensure prompt attention/resolution.
    • Extremely organized, great at building and maintaining stakeholder relationships.
    • Staying energized, productive and focused in the face of challenges, ambiguity, change or strenuous demands.
    • Build trust with stakeholder groups and maintain good working relationship with other departments.


Requirements:

  • 7+ years of experience in business requirement gathering, data analysis, modelling, testing, and documentation within the financial and/or IT industry
  • Ability to create, oversee, and track testing requirements and test artifacts amongst various groups
  • Experience creating detailed test strategy documents and plans
  • Experience with Market Risk, Credit Risk, FXO and Metals Commodity modelling is an asset
  • Ability to conduct User Acceptance Testing including designing tests, develop detailed test cases
  • Intermediate to high level and understanding of financial products and models
  • Strong working knowledge and hands-on experience using a common industry used programming language (e.g. Python) in the context of data and statistical analysis.
  • Good inter-personal skills to build and maintain productive working relationships with various business partners across the Bank and on different levels of organization.
  • Prior experience with delivering major regulatory programs and/or infrastructure implementations is an asset.
  • Ability to clearly communicate complex financial concepts and obtain clarifications as necessary when discussing requirements.
  • Ability to work independently as the senior analyst or QA lead analyst and coach or guide team
  • Experience and comfort level acting as a subject matter expert and consultant, as well as contributor to potential project assessments
  • Experience working with Atlassian tools (JIRA, Confluence, Bitbucket)
  • Superior organizational skills - must be able to identify and track project dependencies & blockers, ensure proper resolution of outstanding items, document meeting minutes and takeaways in a clear and concise manner.
  • Established rapport with various stakeholders throughout the bank.
  • Excellent analytical, problem solving, organizational, and communication skills.

Professional experience is important. But it’s paramount you share our belief in disruptive innovation that puts clients ahead in a tough market. From day one, your key mission will be to perceive new and better ways of doing things to give your clients an advantage.

Now Take the Next Step

We have:

  • Access to industry-focused talent globally
  • Ability to leverage best-in-class innovative products and solutions for complex architecture and large-scale transformation
  • Extended global geographic market reach
  • Ability to capitalize on our client footprint and deep domain expertise within financial services and energy

For more information about Capco, visit www.Capco.com.

Capco is an equal opportunity employer. We evaluate qualified applicants without regard to race, colour, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics.