Associate - Global Risk Market Risk Rate - Investment Bank

Location - Mumbai Powai

Position Specifications:

Experience 2-5 years

Qualification MBA from a reputed institute/CA

Role & Responsibilities:

- As a dedicated risk manager for the rates business areas, the candidate will be responsible for managing the following

o Liaising with the risk managers in the trading centers on a daily basis to help manage their market exposure, set & review risk strategies

o Daily analysis and interpretation of the results of risk sensitivities and stress tests

o Preparation of risk reports for traders and senior business management

o Monitoring and administration of risk limits and resolution of limit excesses

o Preparation of reports and escalation to senior management

o Ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads

o Re-engineer the risk reporting process including interactions with Risk and front Office technology personnel to drive improvements

- The Risk Manager will need to understand the traded products in these asset classes and their implications for risk management decisions. In particular, we are looking for candidates with knowledge of FX / Rates derivatives with exposure to exotic fixed income derivatives and inflation products Candidate is expected to understand what drives the risk profiles of Fixed Income Instruments in different market conditions (both exposure profiles and risk sensitivities) and implications of how the markets are evolving.

Mandatory Skills:

- Knowledge of Derivatives products (including exotics) Markets, Economics

- 3 - 5 years of experience in Market Risk/Stress testing, preferably on the fixed income side on trading/risk management

- Masters (MBA preferred) from a reputed institution

- Excellent oral and written communication skills