CVA Associate - Market Risk

Role & Responsibilities of the position in brief:

- Candidate is expected to understand in detail the products and risks arising from the businesses under their control, how and where P/L is generated, and the details/implications of how their markets are evolving.

- Therefore the candidate has to have extensive knowledge of Credit and variety of Fixed Income products and has worked previously in market risk and counterparty credit risk roles or in credit relevant trading role.

- Candidate needs to have extensive knowledge of pricing and risk management of variety of Credit instruments, both Cash and Derivative, as well as standard Rates and FX products from practical experience. CDS pricing and modelling knowledge is crucial. Knowledge of CVA modelling is highly beneficial.

- Key knowledge for the candidate is the ability to understand what drives the risk profile of Fixed Income instruments in different market conditions (exposure profiles and risk sensitivities) and how credit risk interacts with these.

- Counterparty Credit Risk management knowledge and skills will be beneficial (eg knowledge of credit documentation and implications to risk exposure).

- Thorough understanding of standard risk management methodologies (eg Stress Tests, VaR) and their application is required.

- We expect the candidates to have at least 3 years of relevant work experience within areas mentioned above.

- Strong systems skills, particularly Excel; knowledge of modelling techniques for asset area covered; together with a clear market interest and understanding would all be advantageous.

Educational Background - Tier 1 colleges (B.Tech, MBA, MS)

Salary - upto 14 Lacs

Contact:- anuradhar@ikyaglobal.com