Risk Methodology Role - Global Risk - BFSI

Global Risk - Risk Methodology (Mumbai)

Role & Responsibilities:

- Daily Backtesting of firm's internal VaR model and related analysis at entity as well as desk level. It also involves detailed analysis across product classes and risk factors

- SIMM (Standardized Initial Margin Model) model monitoring and reporting, which involves development and ownership of the backtesting/benchmarking methodology, identifying risk not in SIMM and in depth analysis on exception drivers by working across product classes

- Good understanding of risk factors, sensitivity, valuation and trade lifecycle

- Working on various regulatory driven weekly, Monthly and quarterly tasks which also involves reporting to external regulators and senior stakeholders

- Involves lot of interaction timely with senior stakeholder across divisions such as Front office Quants, Finance, IT etc.

- Complete BAU as per predefined framework and to meet SLA

Mandatory:

- 1-3 years of experience either in Market risk or Product control with understanding of risk & P&L

- Strong inclination to work on BAU along with good presentation skills

- Fair understating of financial products and its valuation

Desired:

- FRM/PRM/CFA certification would be added advantage

- Understanding of programming language such as Python, SQL

- Understanding on usage of GIT