About the Role
3 days hybrid in Reston. RiskSpan RiskSpan is a leading source of analytics, modeling, data and risk management solutions for the Consumer and Institutional Finance industries. We solve business problems for clients such as banks, mortgage-backed and asset-backed securities issuers, equity and fixed-income portfolio managers, servicers, and regulators that require our expertise in the market risk, credit risk, operational risk, and information technology domains. Engagement Overview RiskSpan is seeking a Business Analyst to serve as an embedded consultant within a major Government-Sponsored Enterprise’s (GSE) Finance Services division. The role supports the Capital and Regulatory Reporting function, acting as a critical bridge between business stakeholders and technology teams. The ideal candidate combines a strong accounting and financial services background with hands-on data analysis skills to ensure accurate capital calculations, regulatory compliance, and efficient business operations. Primary Responsibilities As a Business Analyst embedded within the client’s Capital and Regulatory Finance team, you will serve as the primary liaison between business units and technology groups. Your responsibilities will include: · Developing and documenting detailed business requirements by partnering with subject matter experts, translating high-level business needs into actionable specifications for technology teams. · Sourcing, validating, and profiling accounting and financial data used to generate capital results, ensuring data integrity across upstream and downstream systems. · Performing data analysis and profiling using SQL to independently verify data quality, reconcile results, and support decision-making. · Supporting user acceptance testing (UAT) for system enhancements, regulatory changes, and production releases, including the creation of test plans and defect tracking. · Managing day-to-day business operations for capital and regulatory reporting processes, ensuring timely and accurate production cycles. · Navigating cross-functional stakeholder relationships independently, proactively engaging business and technology counterparts to gather information, resolve issues, and drive deliverables forward. · Translating regulatory requirements—including Basel III endgame and ERCF capital rule changes—into system and data requirements that can be implemented by development teams. · Creating and maintaining comprehensive documentation for requirements, business rules, test plans, operational procedures, and knowledge transfer materials. · Identifying process improvement opportunities within existing capital and reporting workflows and recommending solutions. Required Qualifications · 5+ years of professional experience as a Business Analyst in financial services, banking, or a GSE environment. · Strong accounting background with working knowledge of derivatives, hedge accounting, and financial reporting concepts. · Proficiency in SQL for data querying, analysis, validation, and profiling. · Knowledge of capital frameworks (Basel III, ERCF) or regulatory reporting requirements. · Excellent written and verbal communication skills with the ability to produce clear requirements documents, presentations, and status reports. · Demonstrated ability to work independently, connect disparate data points, and drive issues to resolution with minimal oversight. · Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or a related field. · Local to the Reston, VA / Washington, D.C. metro area with ability to work onsite a minimum of 3 days per week in Reston. Preferred Qualifications · Prior experience working within a Government-Sponsored Enterprise (Fannie Mae or Freddie Mac) is strongly preferred. · Familiarity with GSE capital and finance systems, organizational structures, and internal processes. · Experience with secondary mortgage market operations, securitization, and structured finance. · Proficiency with Jira or similar Agile project management tools. · Experience with user acceptance testing (UAT), requirements traceability, and SDLC/Agile methodologies. · Proficiency in Microsoft Office applications, particularly Excel for data analysis and PowerPoint for stakeholder presentations. RiskSpan is proud to be an Equal Opportunity/Affirmative Action employer committed to hiring a diverse workforce and sustaining an inclusive culture. Qualified candidates must be legally authorized to be employed in the United States on an unrestricted basis