ION Group is actively hiring for Data roles. Visit the company page to see all open positions and learn more about working at ION Group.

Principal Business Analyst / Product Owner - Risk Platforms, New York

$175k - $200k

ION Group New York 7 days ago

data

Lab49 is looking for a Senior Business Analyst / Product Owner to join our high-performance team in delivering software solutions for leading financial institutions. This role is ideal for someone who thrives at the intersection of risk domain knowledge, technology, and product ownership, and has worked extensively with Market Risk, Credit Risk, and Counterparty Risk systems.

You’ll be instrumental in analyzing, designing, and delivering enterprise-grade platforms that support risk data management, risk analytics, and regulatory compliance for top-tier financial institutions.

Key Responsibilities

Act as the liaison between business stakeholders and technology teams to define and deliver solutions across risk platform initiatives.

Analyze and document current-state and target-state architectures for Market Risk, Credit Risk, and Counterparty Risk systems.

Elicit and define business, functional, and technical requirements for platform components.

Own and maintain the product backlog, writing clear and actionable user stories, epics, and acceptance criteria.

Collaborate with developers, data engineers, quants, and platform architects to ensure technical alignment with business objectives.

Support integration of risk platforms with upstream systems (e.g., trade capture, market data) and downstream consumers (e.g., reporting, regulatory).

Work with risk and compliance teams to ensure platform alignment with regulatory requirements 

Participate in and coordinate UAT, system testing, and change management, ensuring end-to-end delivery readiness.

Develop and maintain clear documentation: process flows, data mappings, FAQs, support runbooks, and training materials.

Track progress across the SDLC and ensure timely delivery of high-quality deliverables.

Required Qualifications

7+ years of experience as a Business Analyst, Product Owner, or hybrid role within financial services, with a strong focus on risk technology.

Deep understanding of how risk data flows through enterprise platforms and how risk is calculated, monitored, and reported.

Strong experience gathering and documenting functional and technical requirements 

Hands-on experience in Agile environments — managing sprints, grooming backlogs, and writing detailed user stories.

Solid understanding of risk data architecture, data models, and integration patterns.

Strong communication skills with the ability to interface between business, technology, and data science teams.

Ability to manage multiple stakeholders across risk, technology, compliance, and project management functions.

Excellent analytical and documentation skills, with attention to detail and a structured approach to problem-solving.

Preferred Qualifications

Experience with risk data lakes, cloud migration of risk systems, or real-time risk architecture.

Knowledge of data analysis tools (SQL, Excel, Power BI/Tableau) for validation and reconciliation.

Exposure to DevOps, CI/CD, or infrastructure-related aspects of risk platforms is a plus.

The base salary range is - $175,000-$200,000

Placement within the range provided above is based on the individual’s relevant experience and skills for the role and level.

Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Salary range disclosure as required by S9427A when hiring in New York.

Lab49/ION is committed to maintaining a supportive and inclusive environment for people with diverse backgrounds and experiences. We respect the varied identities, abilities, cultures, and traditions of the individuals who comprise our organization and recognize the value that different backgrounds and points of view bring to our business.

Lab49/ION adheres to an equal employment opportunity policy that prohibits discriminatory practices or harassment against applicants or employees based on any legally impermissible factor.