We are Plexus Tech, a technology company with more than 5,000 professionals developing innovative products and services that improve the lives of people and organizations.With over 20 offices across Spain and a integral presence, we support nearly 80% of IBEX35 companies.For 25 years, we have been creating technology with soul — and to continue growing, we need senior talent who bring experience, technical expertise and a strong commitment to quality.

What are we looking for? a Functional Analyst / Functional Specialist with experience in Counterparty Credit Risk (CCR) and XVA environments to join strategic Risk & Markets initiatives within a leading Corporate & Investment Banking organization.

This role will be responsible for analyzing, defining and implementing functional solutions across risk analytics, reporting and regulatory processes. The successful candidate will work closely with Risk, Trading Desks, Quantitative teams, Data Engineers and Developers, acting as a key bridge between business and technology.

Depending on the candidate's experience, the role may include leadership of functional workstreams, ownership of complex requirements and guidance to more junior team members.

Mandatory Requirements

Experience

- 1+ years of experience in Corporate & Investment Banking, Markets, Risk, Counterparty Risk or XVA-related projects.
- Proven experience delivering functional analysis initiatives in risk management environments.

Functional Knowledge

- Strong knowledge of Counterparty Credit Risk (CCR).
- Strong understanding of XVA concepts, processes and metrics (CVA, DVA, FVA and related methodologies).
- Knowledge of financial products and derivatives.
- Understanding of Trading Desk workflows and risk management processes.
- Experience in risk analytics, reporting and data validation.
- Requirements gathering, functional analysis and solution design.
- GAP analysis and process definition.
- Functional testing and UAT coordination.

Technical Skills

- SQL.
- Atoti / ActiveViam




- Data analysis and reconciliation.
- Understanding of data models and reporting architectures.
- Experience working with Jira and Confluence

Soft Skills

- Strong analytical and problem-solving capabilities.
- Ability to engage with both business and technical stakeholders.
- Excellent communication and stakeholder management skills.
- Ability to work in complex and fast-paced environments.

Languages

- English: B2 level

Nice to Have

- DataLake architectures.
- Databricks.
- REST APIs.
- Microservices architecture.
- Exposure to regulatory risk initiatives and large-scale risk transformation programs.
- Agile methodologies.

What we offer

- The opportunity to work on innovative projects with real impact, in key sectors, using cutting‑edge technologies and collaborating with national and international clients.
- Real flexibility through our Flexology model: work from home, from our offices or wherever your talent flows best. You choose.
- Flexible compensation to optimise your salary, with tax‑advantaged benefits such as meal vouchers, transport, childcare, medical insurance and more.
- Continuous training and professional development, with access to certifications and digital learning tools like LinkedIn Learning so you never stop growing.
- A BabyFriendly environment, where we celebrate every new baby with a special kit and promote work‑life balance to advance equality.

Commitment to Equality Plexus Tech maintains a firm commitment to corporate Equality policies. All our recruitment processes ensure equal opportunities for men and women, as reflected in our Equality Plan.

We promote equal treatment and opportunities for all individuals, ensuring that no reason related to birth, race, gender, religion, opinion or any other personal or social condition leads to discrimination. We are particularly committed to fostering a diverse and inclusive environment and advancing the elimination of discrimination against LGTBI individuals, regardless of their sexual orientation, gender identity or gender expression.

📌 Functional Specialist - Counterparty Credit Risk (CCR) & XVA (Madrid)
🏢 Plexus Tech
📍 Madrid