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Business Analyst for Credit Risk Stress Testing

Closer Consulting Lisbon, Portugal

hybridcontract
Posted Sep 10, 2026Apply by Oct 10, 2026

**Role & seniority: ** Business Analyst / Functional Expert (Credit Risk Stress Testing), senior/experienced implied

**Location & work type: ** Lisbon, hybrid

**Stack/tools: **

  • SQL (Oracle DB / PL-SQL desirable)

  • Python ( PySpark / Dataiku desirable)

  • Agile delivery: Jira or Azure DevOps

  • Regulatory/credit risk frameworks: Basel IV, IFRS 9, Climate & EBA Stress Tests

**Top 3 responsibilities: **

  1. Gather/analyze requirements from RISK, Finance, and regulatory stakeholders; write user stories, functional specs, data models, acceptance criteria within Agile.

  2. Support execution of stress test cycles including metrics (e.g., provisions, cost of risk, capital, RWA) and functional support to end-users.

  3. Collaborate with dev/ETL teams to define calculation engines, data flows, transformation logic, and maintain data quality rules/dictionaries/validation.

**Must-have skills: **

  • Business analysis/functional expertise in Credit Risk, IFRS 9, Basel regulations, or stress testing in banking/financial services

  • Requirements gathering, functional analysis, process mapping, test planning

  • Hands-on SQL; strong analytical and stakeholder management skills

  • English C1 (mandatory)

  • Ability to translate regulatory complexity into deliverables (specs + acceptance criteria)

**Nice-to-haves: **

  • Oracle PL-SQL

  • Python with PySpark or **

Full Description

Mutual Respect, Empathy, Innovation, and Professional Pride. Do you see yourself within these values?

Founded in 2006 with the mission "To Challenge Complexity", Closer Consulting is a Data Science company specializing in Business Intelligence, Advanced Analytics, and Artificial Intelligence. Developing projects in the most diverse industries – Banking, Telecommunications, Healthcare, Retail, Energy, Insurance, and Aviation, among others –, we have created an environment where the brightest enquiring minds feel at home, providing our people with the means, opportunities and support they need to thrive and innovate.

We are seeking a skilled Business Analyst for Credit Risk Stress Testing eager to take on new challenges in a hybrid work model in Lisbon.

Are you the one? Gather and analyze business requirements from RISK, Finance, and regulatory stakeholders within an Agile framework. Translate complex regulatory needs (Basel IV, IFRS 9, Climate & EBA Stress Tests) into user stories, functional specifications, data models, and acceptance criteria. Participate directly in the execution of official stress test cycles, metrics calculation (provisions, cost of risk, capital, RWA), and provide functional support to end-users. Work closely with dev/ETL teams to define calculation engines, user interfaces, data flows, and transformation logic. Define and maintain data quality rules, data dictionaries, validation checks, and test scenarios. Proactively suggest continuous improvements to guarantee engine scalability, maintainability, and operational efficiency. Degree in Mathematics, Computer Science, Information Technology, or a related quantitative field. Proven experience as a Business Analyst / Functional Expert in Credit Risk, IFRS 9, Basel regulations, or Stress Testing in the Banking/Financial sector. Strong skills in business requirements gathering, functional analysis, process mapping, and test planning. Hands-on proficiency in SQL (Oracle DB / PL-SQL experience is highly desirable). Strong technical capability in Python (knowledge of PySpark or Dataiku is a distinct plus). Familiarity with Agile methodologies and tools (Jira or Azure DevOps). Excellent analytical, communication, and stakeholder-management skills. Advanced English proficiency (C1 mandatory); French knowledge is a plus.

We believe we are the ones to, by

  • Providing a multidisciplinary Team.
  • Giving a home office kit with everything you need to perform remotely.
  • Ensuring a career plan alongside professional growth.
  • Providing you with a custom training plan.
  • Helping you reach happiness.

Oh… and by the way, we also have

  • Several challenging complex projects.
  • Stimulating teams and leaders.
  • World-class Clients and Partners.

If you believe in this match as much as we do, send us your CV to lia.giannone@closer.pt and reach the closer side of life.

Closer is a company that values diversity and inclusion. We are committed to fostering an environment where everyone is treated with dignity and respect, regardless of race, gender, beliefs, sexual orientation, physical or mental disability, or other personal characteristics.

At Closer, we embrace the unique perspectives and experiences that everyone brings, and we believe that it is a fundamental driver for the success we've achieved.

Credit Risk Stress TestingBusiness AnalysisSQLPythonAgile MethodologiesIFRS 9Basel IVFunctional SpecificationsData ModelingStakeholder ManagementProcess MappingTest PlanningPySparkDataikuJiraAzure DevOpsmulti-location

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