VP/AVP - Equities - Market Risk - Investment Bank - IIT/NIT/BITS

Captive of top MNC investment bank hiring for Mumbai.

Candidate Qualification : PhD / M. Sc (Financial Engineering / Statistics / Mathematics) / M.Tech / B.Tech from (IIT / BITS / NITS) / IIM PG / Tier I

Experience required : 5 -13 years

Job Location : Mumbai

Designation : VP & AVP

As an Equity Market Risk Analyst; you will enjoy a key role within the team, duties will include :

- Analysis and review of risks, focusing on understanding behavior of derivative products under various market conditions

- Review and sign-off of Key Risk Reports, Stress Testing, Scenario Analysis & Regulatory Scenarios

- Liaising with the global cluster team, on major moves

- Design, development & production of cluster reports for distribution to senior management and regulators

- Liaising with Global Cluster Managers (US, EMEA or APAC) to understand their business requirements and provide them with adhoc analysis and build reports as per specifications

- Thorough analysis of periodic Risk Reports (Monthly, Quarterly) resulting in meaningful, actionable commentary for use by cluster managers

- Liaising with Risk team, IT, Change teams to drive delivery of projects / enhancements related to risk representation

In order to perform his/her task the analyst is required to demonstrate a strong knowledge of Equities products & valuation models (including structured derivatives) desk and business strategy (strong understanding of various Derivatives trading strategies used in Equities), the IT infrastructure & flow of data (from pricing models to reporting infrastructure & databases), macro-economic drivers of risk, etc.

Interested candidates must be able to demonstrate the following qualifications and competencies :

- Preferable 8-10 years- experience in investment banking role with a focus on risk management, Equities, derivatives, trading, strategy, research or structuring

- Sound knowledge of finance theory and products is a prerequisite. Knowledge of option pricing, derivatives, exotics would be preferred

- Proven experience is liaising with senior stakeholders globally to drive delivery of key projects, offshore strategy and moving the team up the value curve

- Ability to work in a complex & dynamic environment, understand various risk management systems and tools and interact with multiple stakeholders

- Understanding of Investment banking, Trading Lifecycle, Market risk, macro-economics and how all these impact the bank's portfolio

- Analytical skills to understand complex products & businesses.

- Good communication skills to discuss risk numbers with various stakeholders such as traders, senior risk managers, IT, Product Control, etc. as required

- Attention to detail to allow the candidate to identify potential errors in Risk numbers. Reports are used for business decisions and need to be highly accurate.

- Working with Cluster managers requires ability to work with tight deadlines on complex requirements

- Strong team player and ability to grasp various risk management and reporting systems

- Ability to develop new reports by leveraging existing information & systems, enhancing existing reports, etc.

- Numerate degree essential (incl. Advanced Math, MFE, MBA, etc.)

- Strong IT skills: VBA, MS Access, SQL, R skills are good to have business skills

- Strong performance ratings