Assistant Manager/Manager - Risk Management/Investment Risk - Mutual Fund

JOB DESCRIPTION

Designation - Assistant Manager / Manager - Risk Management Department Risk Management

Location - Mumbai Sub- Department NA

PURPOSE OF THE ROLE

The role holder will be part of the Risk Management team where they will identify potential threats and create plans to prevent and mitigate problems. In this role, one should be highly perceptive and methodical, should have the ability to communicate effectively. Support the CRO to ensure that the company secures its reputation and profitability by controlling risk.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE

The person will be responsible for -

- Ensuring adherence to the regulatory, Scheme Information Document and internal guidelines through systemic controls.

- Interpreting performance attribution vis-a-vis benchmark & peers, and transaction/ holding -based analysis.

- Understanding the firms Risk Management framework and providing solution for smooth implementation

- Good understanding of Market Risk concepts and metrics (VaR, Tracking Error, scenario analysis, risk sensitivities, stress testing methodologies etc.)

- Supporting functional CXOs and CRO in the development, deployment and operation of the Operational Risk Management policy and procedure.

- Assisting in review of policies and process with function owners

- Preparing Internal Audit scope and Audit calendar for Mutual Fund and AMC

- Preparing agenda and minutes for various committee like Investment Committee, Risk Management Committee, Valuation Committee etc.

KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES -

Educational Qualification

- MBA /CFA / CA / FRM.

Technical & Professional Knowledge required

(What someone NEEDS TO KNOW)

- Knowledge of equity, fixed income and derivatives market, specifically as it relates to portfolio management.

- Proficient with applications like MSCI Barra, Bloomberg, FactSet and their risk models.

- Reporting and Data analytical skills, good command over MS excel

- Mutual Fund operational knowledge and SEBI Mutual Fund regulations

Experience Required

(What someone NEEDS TO HAVE DONE)

- 7+ years in Risk Management of Mutual Funds or Financial sector

Essential Competencies for the role

(Competencies that need to be demonstrated or how they NEED TO BEHAVE)

- Candidate must have good knowledge of Mutual Fund and must possess good communication, presentation, and interpersonal skills.

- Analytical and problem-solving skills

- Eye for detail

Personal Attributes required (Personal qualities, motivations, and preferences likely to enhance performance in the role)

- Communication, Problem Solving, Conflict Management, sound judgement