VP/AVP - Market Risk Methodology - Investment Bank

We are looking for someone who has a good Practical experience in Market risk domain & Who has exposure to VaR,SVaR,Scenerio analysis,Historcial VaR,Monte carlo simulation for a leading investment bank in Mumbai.

The Role : A member of the MRA team, reporting to the Head of MRA Mumbai. The primary responsibilities are:

- Review reports from Market Risk Control for accuracy before it reaches Market Risk Management

- Deliver analysis and explains of VaR, SVaR, IRC, RWA and EC

- Stress testing analysis, explain and specifications

- Ad hoc (- What-if- ) analyses e.g. VaR/EC/RWA impact of new trades

- Provide analytical support to Risk Managers to facilitate risk management / business decisions.

- Contribute to methodological enhancements, including quantitative impact analysis

- Develop reports to facilitate robust risk management practices

Job Requirements :

- Grad/post-grad degree - qualified in a numerate discipline

- Experience working in a Market Risk position at an Investment Bank

- Broad financial market and product knowledge, preferable expertise in derivatives

- Details-focused and numerically literatte

- Excellent communication skills - ability to articulate technical and financial topics with global stakeholders

- A reliable team player with the motivation to work in a dynamic, international and diverse environment.

- A committed and motivated individual for self development and growth

- Keen interest in various risk frameworks and how they are interconnected for bank's capital

- Solid experience in using large datasets with experience in relevant software packages, e.g. MS Excel, MS Access, VBA, and SQL. Experience with additional programming languages is a plus, e.g. Matlab, R, or C++.

- Experience with SAS is beneficial but not necessary

- Able to multi-task and deliver under tight deadlines