VP/Director - Market Risk - Investment Bank

Opening - VP/Director Market Risk

Location - Mumbai

Company - Leading Investment Bank

Role & Responsibilities:

- Leading and Managing market risk team.

- Managing market risk for Equities portfolio which includes Derivatives, Convertibles, Prime Brokerage, Cash and Systematic Market Making divisions across US, Europe and Asia Pacific.

- Risk Management framework primarily comprises of measuring and monitoring market risk using sensitivity (Greeks), VaR & Scenarios (stress testing).

- Team ensures accurate capture of sensitivity, VaR and scenarios numbers are reflected in the risk reports and senior management understands which trading positions are the drivers of risk numbers and periodic changes in these numbers. This is supplemented by detailed analysis at region, trading desk, product and trade level to develop a deep understanding of products & sensitivities to enable the bank to better understand and manage risk