Business Analyst – Sr (SCCL Governance Framework)

Description Business Analyst – Sr (SCCL Governance Framework)   Summary: A business analyst for the Single Counterparty Credit Limits (SCCL) regulation will play a vital role in establishing governance framework, operating procedures and regulatory compliance. The role will act as a key liaison across P2PM, Commercial, Consumer and Capital Markets groups to establish sustainable processes, control routines, data validation standards, and business-as-usual monitoring. The business analyst will partner with IT and Data teams to assist in data validation and testing. The business analyst will help ensure SCCL processes are well governed, auditable, and aligned with internal policies, regulatory expectations, and enterprise risk management practices.

Governance Framework: Support the development and maintenance of the SCCL governance framework, including requirements and controls related to credit risk mitigants, funds, economic interdependence, control relationships, and counterparty aggregation. Process Documentation : Draft, maintain, and periodically refresh standard operating procedures, process manuals, operating instructions, desktop procedures, and run-books governing SCCL processes and control activities. Controls and Accountability : Define ownership, RACI matrices, approval workflows, escalation paths, evidence standards, and audit trails to support transparent execution and regulatory defensibility. Process Improvement: Identify and drive process improvement opportunities to reduce operational risk, manual touchpoints, control gaps, data quality issues, and process breaks. Stakeholder Partnership : Coordinate recurring working sessions and governance forums with P2PM, Commercial, Consumer, Capital Markets, Internal Audit, Legal, Compliance, and Reporting teams to maintain alignment on SCCL execution. Training : Create training modules and documentation and facilitate training sessions and process walkthroughs. Stakeholder Requests : Triage, document, and resolve ad-hoc inquiries from regulatory reporting, data, front office partners, and control stakeholders. Testing and Data Validation : Perform business validation and user acceptance testing to confirm accuracy, completeness, consistency and reliability, and fit for regulatory monitoring and reporting. ·       Data Analysis: Analyze exposure, mitigant and counterparty data from source systems, applications, and downstream reporting environments using Excel, SQL, and other analytical tools. Miscellaneous: Performs other duties assigned.   Following SCCL implementation, the following responsibilities will become part of business-as-usual: Compliance Monitoring : Ensure the daily monitoring is consistently executed and in compliance with approved procedures, internal controls, escalation standards, and regulatory requirements. Key Controls and Metrics: Establish, track, and report key control indicators, data quality metrics, open issues, remediation progress. Business-as-Usual Support : Maintain working knowledge of exposure products, credit risk mitigants, and organizational initiatives that may affect SCCL monitoring or reporting. Change Management : Monitor new products, systems, data feeds, and business initiatives that may affect SCCL processes; assess impacts and coordinate updates to requirements, controls, and documentation. Documentation Maintenance : Update procedures, governance framework, process flows and other documentation based on working sessions and stakeholder feedback.

Bachelor’s degree in business administration, project management, finance, computer science or a related field. At least 2+ years of experience in business analysis, process management or a related role.

Governance and Documentation : Experience drafting, maintaining, and enhancing procedures, process maps, control narratives, process manuals, governance documentation, and