Assistant Vice President - Risk Management - BFSI

MAIN RESPONSIBILITIES

Core responsibilities -

Lead and motivate staff in the team.

Implement the appropriate methodology and governance in coordination with the Program Manager, and ensure deliveries are made on time and within the budget allocated.

Participate on the set-up of the new operational teams in Bangalore in terms of process and organization and conduct the change.

Work in coordination of other cross-functional teams to ensure transfer completeness - Knowledge Management, Business Continuity, Training, Infrastructure, HR, Legal & Compliance.

Promote and implement training and development activities for individuals and the team.

Cooperation and participation to the improvement of the team efficiency - transfer of her knowledge/expertise to the new joiners, knowledge sharing, standardization of reporting, trainings on methodology, communication about best practices or new ideas.

Provide coaching, guidance and support to staff on technical, professional and client issues.

Develop and communicate a clear picture of business goals and approaches to business, based on a clear understanding of client requirements.

Agree objectives for middle office annually

Monitor and appraise the performance of the local middle office team.

Assist with recruitment of new staff

Stake holder management

Should suggest and implement ideas to the project

Should be able to multi task

Other responsibilities -

Effective management of staff training & development

Provide objective and regular feedback to staff

Provide inputs to improve work procedures that can enhance overall team performance

Organize workload among team members in effective manner

Work closely with superiors on various projects

Provide regular formal and informal briefings on Company, department and team issues.

Ensure effective logging and resolution of enquiries and liaise with appropriate parties to resolve/ escalate queries / problems within agreed timescales.

Ensure the line manager and others, as appropriate, are kept aware of all issues/problems/queries/work in progress that may impact upon the quality of service being given.

Transversal responsibilities -

Ability to work under pressure and multiple deadlines

Ensure all alerts, issues and escalations are informed to direct reporting manager on a timely basis

Escalate relevant and critical issues to management and all necessary stakeholders in a timely manner

Keep partners/ stakeholders informed through active communication until issues are resolved.

Respond promptly & effectively to client requests

Organize workload & team members in effective manner

Work closely with superiors on various projects

SKILLS AND KNOWLEDGE

Qualifications

Qualified to master degree level or equivalent specialized in financial market;

Good knowledge of Office Pack (especially Excel and Visual Basic), financial derivatives and valuation methodologies;

Good understanding of risk methodologies and risk metrics used across various asset classes and ability to interpret and challenge risk metrics;

Rigorous, autonomous and strong interpersonal skills with initiatives and commitment

Working knowledge of French language is desirable

Relevant Experience

In depth understanding of the accounting of the below

Calculation/control of risk indicators:

Market & Credit exposures (leverage, counterparty, CDS),

Liquidity (weighted average liquidity, ATV, market capitalization, liquidity stress tests),

Concentration (sector, country),

Value at risk (historical),

Stress test (based on adverse and hypo/historical methodologies),

Regulatory and contractual investment restrictions (embargo controls, etc).

Production and analysis of risk reports on Lyxor funds including different strategies:

ETF and Index Funds,

Hedge Funds / Managed Accounts (Long short equity, Global macro, CTA, Event driven, etc),

Fund of Hedge Funds,

Quantitative Funds (Multi Asset, Formula Funds, CPPI).

Knowledge of capital market players and products offered - Listed & derivative products, Securities products, Forex and Money market instruments, etc

10+ years of overall experience with asset management, investment management

Experience of managing a team of 10-15 resources

Ability to work well as a team and deliver set objectives

Ability to plan and delegate effectively

Monitor the data feed received from the administrators.

Control and correct, if necessary, the market data used for pricing and bucketing.

Integrate all of the positions from the managed account into Panorama as described in the operating procedure with the necessary data enhancement for risk monitoring.

Maintain and manage an active relationship with the IT team.

Ongoing optimization and documentation of processes and procedures.

Resolution of technical issues concerning the various components utilized for the position, as well as the systematic communication of these technical alerts and the status of their resolution within the Managed Account Platform.