Senior Associate - Product Control + Market Risk - Investment Bank

SA- Product Control + Market Risk

Opening with Tier1 investment bank.

Location: Mumbai

Exp: 2-3 yrs

Job Profile : Hardcore exp into product control and market risk.

Key functions include :

- Daily production and analysis of risk and PnL reports for Rates and Emerging Market (EM) debt business.

- Liaise with the trading desk to explain risk and PnL move and obtain trader sign off.

- Ability to price various financial products using analytics tools.

- Understanding various components of Risk Engine (valuation platform), work may involve configuring risk and pricing dictionaries.

- Understanding of market data errors impacting risk and PV and their resolution in a timely manner.

- PV/MTM adjustments, Cash breaks, Market Confirmation exceptions are resolved within the agreed deadlines.

- Ensure KRI's and KPIs are closely monitored.

- Participate in change the bank (CTB) initiatives of the team as well as domain-wide.

- Stakeholder management by liaising with traders, market risk, finance, GVG, business & financial control and resolving their queries in a timely manner.

Qualifications and Skills :

- Candidate must possess at least a Bachelor's/College Degree, Professional License (Passed Board/Bar/Professional License Exam), Mathematics, Engineering, IT, Economics, Finance/Accountancy/Banking, or equivalent.

- Accountancy Qualification desirable but not essential

- Required skill(s): accounting and financial analysis, reporting, profit and loss (PnL), cost reconciliation, management information system, Risk Management.

- Required language(s): English

- Computer-literate and skilled in MS Office applications (with particular emphasis on Excel)

- Preferably 2-3 Yrs Experience in a Pnl & Risk environment

- Team worker, able to work in virtual global teams and in a matrix organisation

- Open minded, able to share information, transfer knowledge and expertise to team members

- Flexibility regarding problem solving

- Keeps pace with technical innovation and market driven initiatives