Posted By
Posted in
Banking & Finance
Job Code
603264
Main Duties/Responsibilities Of The Role:
The RFDP Market Risk Team in Mumbai is seeking to recruit a VP to join the growing team. The successful 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:
- Managing the Sourcing of market risk data including positions and sensitivities to ensure completeness for the Investment Bank across various businesses and trading strategies
- Ensuring timeliness of the data available for calculation and reporting by following up with IT stakeholders to understand root causes for delays.
- Ensuring accuracy of risk positions and sensitivities through position and portfolio move analysis, impact of market moves on portfolio, impact of product behaviour on sensitivities among other approaches
- Validating Market Risk Measures calculated like VaR explaining all moves with respect to moves in the portfolio, market moves etc
- Implement and Owning the Control Framework for all risk and finance data.
- Managing process stakeholders
- Managing the roll out of enhancements in risk systems, processes and data feeds.
- Representing the RFDP Market Risk Team on all tactical, strategic and regulatory projects and initiatives conducted within the firm.
You offer :
Education And Professional Qualifications:
- Graduate or Post Graduate in Finance/Statistics/Economics/Science / Mathematics.
- Completed or currently taking the CFA or FRM qualifications would be desirable.
Work Experience/Background:
- 10 - 15 years of experience in a financial services institution in a similar role
Technical/Business Skills & Knowledge:
- Strong analytical skills
- Knowledge of various financial and derivative products, financial markets
- Good understanding of market risk methodologies: VAR and other risk measures.
- Good understanding of financial greeks and their relation to financial products and derivatives used in the calculation of various risk measures
- People Management and Leadership Skills
- Stakeholder Management and Project Delivery / execution Skills
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Posted By
Posted in
Banking & Finance
Job Code
603264