Associate - Global Risk/Financing Risk - BFS

Global Risk - Associate - Financing Risk

Job Location - Mumbai Powai

Roles & Responsibilities:

- Provide risk level haircuts and collateral schedules for proposed transactions for SFT trades.

- Quantify and provide IA levels for all OTC trades with hedge funds and other clients.

- Provide risk terms like leverage, triggers, step-ups etc. for structured credit transactions.

- Participate in margin methodology development, enhancement of existing margin models and their documentation.

- Program, test and implement of existing and new margin methodologies for new products.

- Monitor and analyse client portfolios in terms of exposure (Counterparty exposure, risk profile and margin level.)

- Manage risks for the firm's portfolio of collateralized transactions through relevant portfolio analysis and reporting.

- Automate different reports, risk management tool and other processes wherever possible to focus on risk management and create efficiency.

- Work with various risk managers and other stakeholders, internal audit, model validation to address their requests for additional analysis based on specific needs as they arise.

Key Skills required:

- The individual requirements for the candidates for the roles would be strong knowledge of various derivative products across different asset class. (IRS and FX derivatives, Equities, Convertible Bonds, Repo, Futures and Options, and Fixed Income.)

- Analytically inclined. Candidates should have good understanding of Derivative Risk Management

- Solid technical knowledge and business understanding about various risk management concepts and measures such as PFE, VaR, stress testing, and scenario analysis.

- Previous work experience in Financial Markets (Prime Brokerage, Equity Financing, Treasury or Risk management) preferred

- Excellent PC skills with advanced competency in Microsoft Excel, Macros, VBA, Access database, and SQL essential.

- Comfortable in working with one of the language Python, R, Matlab etc.

- Self-starter and ability to multi-task under pressure and meet various deadlines

- Strong team player and a quick learner

- FRM / CFA level 1 or above preferred