AVP - Risk - BFSI

MAIN RESPONSIBILITIES Core responsibilities -

- Lead and motivate staff in the team

- Implement the appropriate methodology and governance in coordination with the Program Manager, and ensure deliveries are made on time and within the budget allocated

- Participate on the set-up of the new operational teams in Bangalore in terms of process and organization and conduct the change

- Work in coordination of other cross-functional teams to ensure transfer completeness - SG front teams, Knowledge Management, Business Continuity, Training, Infrastructure, HR, Legal & Compliance

- Promote and implement training and development activities for individuals and the team.

- Cooperation and participation to the improvement of the team efficiency - transfer of her knowledge/expertise to the new joiners, knowledge sharing, standardization of reporting, trainings on methodology, communication about best practices or new ideas

- Provide coaching, guidance and support to staff on technical, professional and client issues.

- Develop and communicate a clear picture of business goals and approaches to business, based on a clear understanding of client requirements.

- Agree objectives for middle office annually

- Monitor and appraise the performance of the local middle office team.

- Assist with recruitment of new staff

- Stake holder management

- Should suggest and implement ideas to the project

- Should be able to multi task

Other responsibilities -

- Effective management of staff training & development

- Provide objective and regular feedback to staff

- Provide inputs to improve work procedures that can enhance overall team performance

- Organize workload among team members in effective manner

- Work closely with superiors on various projects

- Provide regular formal and informal briefings on Company, department and team issues.

- Ensure effective logging and resolution of enquiries and liaise with appropriate parties to resolve/ escalate queries / problems within agreed timescales.

- Ensure the line manager and others, as appropriate, are kept aware of all issues/problems/queries/work in progress that may impact upon the quality of service being given.

Transversal responsibilities -

- Ability to work under pressure and multiple deadlines

- Ensure all alerts, issues and escalations are informed to direct reporting manager on a timely basis

- Escalate relevant and critical issues to management and all necessary stakeholders in a timely manner

- Keep partners/ stakeholders informed through active communication until issues are resolved.

- Respond promptly & effectively to client requests

- Organize workload & team members in effective manner

- Work closely with superiors on various projects

OTHER ATTRIBUTES

- Demonstrate commitment to personal development & willingness to learn new systems, concepts & expand domain knowledge

- Flexibility & ability to work under pressure

- Team Player

- Individual who takes initiative & ownership of assigned responsibilities

- Establish and maintain good working relationships with third parties and colleagues, communicating effectively through formalized reporting and ad hoc liaison.

- Strong oral & written communication skills

- Excellent interpersonal & customer service skills

- Contribute to the creation of a work environment where people from diverse cultures and backgrounds work together effectively

- Strong organizational, time management & multi tasking skills

- To proactively and effectively establish a level of client knowledge ensuring all requirements are met and allow the team build the relationship further.

- Consistently priorities team goals above individual goals

3. SKILLS AND KNOWLEDGE

Qualifications

- Qualified to master degree level or equivalent specialized in financial market;

- Good knowledge of Office Pack (especially Excel and Visual Basic), financial derivatives and valuation methodologies;

- Good understanding of risk methodologies and risk metrics used across various asset classes and ability to interpret and challenge risk metrics;

- Rigorous, autonomous and strong interpersonal skills with initiatives and commitment

- Working knowledge of French language is desirable

Relevant Experience

- In depth understanding of the accounting of the below

- Calculation/control of risk indicators:

- Market & Credit exposures (leverage, counterparty, CDS),

- Liquidity (weighted average liquidity, ATV, market capitalization, liquidity stress tests),

- Concentration (sector, country),

- Value at risk (historical),

- Stress test (based on adverse and hypo/historical methodologies),

- Regulatory and contractual investment restrictions (embargo controls, etc).

- Production and analysis of risk reports on Lyxor funds including different strategies:

- ETF and Index Funds,

- Hedge Funds / Managed Accounts (Long short equity, Global macro, CTA, Event driven, etc),

- Fund of Hedge Funds,

- Quantitative Funds (Multi Asset, Formula Funds, CPPI).

- Knowledge of capital market players and products offered - Listed & derivative products, Securities products, Forex and Money market instruments, etc

- 10+ years of overall experience with asset management, investment management

- Experience of managing a team of 10-15 resources

- Ability to work well as a team and deliver set objectives

- Ability to plan and delegate effectively

- Monitor the data feed received from the administrators.

- Control and correct, if necessary, the market data used for pricing and bucketing.

- Integrate all of the positions from the managed account into Panorama as described in the operating procedure with the necessary data enhancement for risk monitoring.

- Maintain and manage an active relationship with the IT team.

- Ongoing optimization and documentation of processes and procedures.

- Resolution of technical issues concerning the various components utilized for the position, as well as the systematic communication of these technical alerts and the status of their resolution within the Managed Account Platform.

Client reporting & custom analysis

The Analytics team controls the client reporting on the website and manages the validation of the data by the HFRM. They are also in charge of the production of the Investment Profiles and of custom client reports as agreed between MAP and the Sales team. When a request for a new custom report comes from the CSU team, the Analytics team perform the analysis of the request, participate to the redaction of the specifications, lead the cooperation between the several teams involved (CSU, Risk, MAP, IC, Compliance).

MAP produces each year several white papers based on the transparency of the platform. In that context the Analytics team will perform the quantitative analysis (IT coordination in order to retrieve the data, IT development if needed, data analysis) and participate to the white paper redaction.

Skills

- Excellent communication skills

- Excellent interpersonal skills while dealing with various stakeholders

- Good senior stakeholder management skills

- Good knowledge of Office Pack (especially Excel and Visual Basic), financial derivatives and valuation methodologies

- Write-up of policies and procedures related to the improvement of risk tools.

- Reports production including but not limited to statistics about production and risk consumption.