Business Analyst Market Risk & PnL

October 24, 2026

Office

Middle

Paris, France

Indeed

Keep in mind

Original vacancy is in French
You will likely need French for the job. The employer can confirm
Office-only work

Description

Business analyst role in an eight-person team delivering IT projects across market risk and PnL calculation chains for an investment bank. You turn user needs into functional and technical specifications for developers and quantitative analysts, run workshops and validate developments before they reach production. The work sits on batch schedulers, booking and configuration systems, market data providers and the bank's pricer that generate market and counterparty risk reports and PnL explanations for trading, risk management and Middle Office. Start is ASAP and the position is based in Paris.

Responsibilities

Understand, create and transform configurations in the different risk and PnL systems according to project needs
Write specifications for developers of the different applications and for quantitative analysts
Bring expertise to all projects that require it
Run workshops to gather user needs and draft specifications for new features
Test and validate developments before release to production
Analyse technical or functional problems and find the solution or the team in charge
Analyse the existing setup as part of each project
Write technical and functional specifications answering the project needs
Test developments end-to-end when the change happens in upstream systems
Report errors to the relevant teams using the appropriate workflows such as Jira
Work daily with developers, quantitative analysts, traders and Middle Office operations on risk and PnL calculation chains
Adapt communication to IT or business audiences

Requirements

First experience in market finance around IT, research, analysis or project management is mandatory
Mastery of object-oriented programming concepts and algorithms
Working knowledge of development in Python
Knowledge of quantitative mathematics: valuation of equity and interest-rate derivatives
Understanding of market data that influence derivative pricing
IT experience within finance and financial systems implementation
Ability to write functional and technical specifications for development projects
Experience conducting workshops to collect user needs
Ability to test developments, including end-to-end testing when changes occur in upstream systems
Reporting issues to the right teams through adapted workflows such as Jira
Ability to adapt language to IT and business counterparts
Adaptability, teamwork, knowledge sharing and ability to drive change
Analytical skills and capacity to identify technical and functional problems
Working level of French for communication with business users