Associate - Market Risk/FX Product - BFSI

JD for Global Risk - Market Risk - Associate (Req 3783)

Overview :

Market Risk Management works to identify, monitor and control the firm's exposure to risk, analyze stress test results, and provide analysis on new products and businesses. Powai Market Risk managers liaise with the risk managers in the trading centers on a daily basis to help manage their market exposure, set & review risk strategies. Major activities involve daily analysis and interpretation of the results of risk sensitivities; validation of VaR, Incremental Risk Change, Economic Capital numbers and sign-off on the relevant Risk systems & preparation of risk reports for traders and senior business management. Risk managers are also expected to re-engineer the risk reporting process and provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads

Position Specifications :

Division : Global Risk

Function : Market Risk

Corporate Title : Associate

No. of Position : 1

Experience : Overall 2 - 4 years

Qualification : MBA from reputed institute

Role & Responsibilities of the position in brief :

As a dedicated risk manager for the FX Products business areas, the candidate will be responsible for managing the following :

- Liaising with the risk managers in the trading centre's on a daily basis to help manage their market exposure, set & review risk strategies

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

- Preparation of risk reports for traders and senior business management

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

- Preparation of reports and escalation to senior management

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

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

Key Skills :

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

- 2 - 4 years of experience in Market Risk, preferably on the fixed income side on trading/risk management

- Masters (MBA preferred) from a reputed institution

- Strong in programming. Knowledge on MS-Excel, VBA, SQL preferred