AVP - Market Risk/VaR - Inv Bank

Market Risk(AVP)

Main Criteria : Up to 2 years experience in Market Risk, VaR.

Company : Leading Investment Bank

Location : Mumbai

MAIN DUTIES/RESPONSIBILITIES OF THE ROLE:

- The candidate will be responsible for the end-to-end process of collating market risk data for measurement, analysis and subsequent reporting to senior management, regulators and traders as well as other downstream users.

The role involves:

- A managerial position heading up a small team of 2 to 3 junior market risk analysts.

- Production and distribution of market risk reports including investigation and analysis of exceptions, data integrity and methodology issues

- Reporting and performing validation checks on VaR movements. This will involve evaluation and analysis of market risk exposures by employing statistical and other approaches.

- Ensure that the risk reports are accurate and complete along with the implementation of improved controls.

- Working closely with the Business, IT Departments, Controllers, Operations and your counterparts in other regions

- Review potential new business proposals in liaison with other departments to ensure the risk can be correctly captured by the firm’s risk data collation systems and processes.

- To participate in the roll out of enhancements in risk systems, processes and data feeds.

SPECIAL CIRCUMSTANCES (e.g. shifts, travel overseas, hours):

Extended hours may be required depending on system performance and region receiving the service provided

EDUCATION AND PROFESSIONAL QUALIFICATIONS:

- Graduate or Post-Graduate in Finance/Statistics/Economics/Sciences/Mathematics.

- Completed or currently taking the CFA or FRM qualifications would be desirable.

TECHNICAL/BUSINESS SKILLS & KNOWLEDGE:

- Knowledge of financial products, financial markets

- Strong analytical skills

- Strong spreadsheet and database skills (incl. basic knowledge of VBA)

- Working experience in market risk methodologies: VAR and other risk measures.

- Proficiency in MS Excel and MS Access

- Strong VBA and SQL knowledge would be desirable.

Please share your CV to somishah.g@gmail.com