AVP/DVP - Market Risk Management - Treasury Middle Office

Industry : Banking

Work Experience : 5+ years

Salary : 17 Lac to 22 Lac Per Annum

City : Mumbai - Bandra Kurla Complex

Job Description

Job Title: Treasury Middle Office Manager

Market Risk Computation, FRM, GARP

Industry : Banking, Financials and NBFC

Overview of Functions:

Treasury Middle-Office (TMO) functions including:

- Treasury P&L calculation, attribution, reconciliation and management reporting

- Monitoring & reporting of Market Risk Limits

- Performing Stress Testing, Scenario Analysis, Rate Scan

- Market Risk Capital Charge Computation

- Regulatory Reporting for Market Risk including RBS, RBI Stress Testing etc.

- Risk Notes to the ALCO and Board of Directors

The manager is expected to ensure the following:

- Accuracy of all TMO monitoring & reporting {Aim must be 'zero error'. All possible checks and controls must be ensured. Constant drive to automate and remove manual interventions}

- Timeliness {Constant drive to make reporting faster. Strive towards real-time reporting}

- Efficiency {achieve more with less}

- Reduce person-dependency in the TMO team by building back-ups within the team and meticulous documentation of all processes.

- TMO Monitoring and reporting must be designed to provide insights to management

- Compliance with all regulatory & Bank policy requirements. The department must ensure best performance in all audits and regulatory assessments/inspections.

- Constantly bench marking with industry best-practices.

The manager must constantly re-engineering Treasury Middle-Office processes.

- Functional leadership in IT Automation projects for Treasury Middle-Office

- Ensuring compliance of Treasury with all regulatory guidelines

- Liaison with Regulators, Internal, Statutory and Concurrent Auditors and ensuring that Treasury Middle Office meet all requirements

Requirements:

- The candidate have around 10 years' experience in Treasury Middle Office/Market Risk function

- CA or MBA from a reputed institute

- Strong technical skills (particularly in MS Excel). Knowledge of VBA, Python, SQL is a plus

- Must be able to maintain good professional working relationships with all other departments, including Treasury Front & Back office, Compliance, Internal Audit, other Risk Management functions.

- Must be able to lead the team ably, be able to set and execute targets. He must be able to guide, mentor and motivate his team towards success.