Auronova - Consultant - Market Risk

About Us:

Auronova Consulting Solutions Private Limited (Auronova) is a Mumbai based company started in 2009. Auronova is a specialized Risk Management Consulting company providing financial consulting to banks & other financial institutions primarily in the middle-east (GCC) region and some clients in Mumbai. We cover the entire Risk Management spectrum from Credit risk, Market risk and Operational risk including Pillar II and Capital Adequacy. Our clientele includes several of the largest banks in the GCC region, top-tier credit bureau among others.

Going forward, we aspire to strengthen our analytics domain while continuing to strengthen our business in Risk Consulting and expand in other geographies.

Responsibilities :

- Assist the head of market risk oversight in implementing the Market Risk Appetite Framework ensuring a robust oversight and monitoring mechanism is in place.

- Ensure correct monitoring and reporting of all market risks is done on a daily basis.

- Ensure that all risk reports are reviewed, validated and analysed before and after dissemination to stakeholders

- Ensure the business operates within the approved market risk limits

- Perform stress testing in accordance with internal policies / regulatory guidelines.

- Ownership of projects pertaining to market risk oversight and control.

- Assist market risk management in preparing the risk packs to senior risk committees

- Develop & roll out FRTB framework

- Develop Market and Liquidity risk practice in line with global delivery practices

- Valuation of products

About You :

- Experience of having extensively worked on Murex platform for market risk management.

- Knowledge of financial markets and multiple assets classes (Fx, fixed income, equities, commodities)

- Ability to work accurately under pressure to tight deadlines.

- Strong inter-personal skills in order to interact confidently with senior management

- Professional certification like FRM or CFA would be an added advantage

- Good understanding of standard derivative agreements (like ISDA)

LOCATION - Mumbai with around 50%-60% travel to middle-east