About The Position

The Compliance Specialist (Financial Risk Business Analyst) will join the Financial & Non-Financial Risk Engineering team and focus on financial risk initiatives. The role supports the retirement of legacy platforms and migration to a modernized risk data platform. It combines financial business analysis with supporting data analysis, requiring the ability to apply regulatory frameworks and financial risk knowledge while translating business needs into functional and data requirements in collaboration with cross-functional teams. The role is based in Chicago, Illinois, and requires onsite work three days per week. The posting requests local candidates.

Requirements

  • Experience working in the banking or financial services industry.
  • Strong background in financial risk management, including Credit Risk, Market Risk, and Model Risk.
  • Familiarity with regulatory reporting frameworks, including SCCL, RWA, and FRTB.
  • Understanding of BCBS239 and RDARR guidelines.
  • Proficiency with SQL for data analysis; this is not a data engineering role.
  • Demonstrated experience working on large-scale enterprise initiatives.
  • Must be a local candidate; the role is in Chicago, Illinois, with onsite work three days per week.

Nice To Haves

  • Exposure to non-financial risk domains, such as GRC, operational risk, or enterprise risk.
  • Prior involvement in data platform modernization or legacy system migration initiatives.

Responsibilities

  • Serve as the primary Financial Business Analyst for approximately 60–65% of the role, with supporting data analysis responsibilities.
  • Work with Product Owners, stakeholders, and technology teams to gather and translate business requirements.
  • Support financial risk reporting across Credit Risk, Market Risk, and Model Risk domains.
  • Analyze regulatory reporting requirements, including SCCL, RWA, and FRTB.
  • Perform data mapping and functional analysis related to risk data models.
  • Participate in Agile delivery cycles and support sprint planning as needed.
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