VP - Market Risk Feed - Investment Bank

We have an immediate opportunity with one of the top MNC investment bank for Mumbai & Pune location.

Candidate Qualification : B.Tech / B.E. / MBA from top tier institute / CA

Experience required : Minimum 10 years out of which 4 years of relevant experience as per the requirement.

Job Location : Mumbai & Pune

Designation : VP

Set Skills : Historical Market Data + Data Integrity + Market Risk Management + Project understanding

JD:

Roles and Responsibilities:

About the team:

The Market Risk Feed team (MRF) is part of RAR and comprises no. of staff with presence in Singapore and India. The team is responsible for analyzing and prioritizing market risk data changes as raised by stakeholders (primarily SRM) to enhance Var and other market risk metrics. The team collaborates with most areas within RAR and across CRO and CRO IT in order to implement the required data changes to ensure complete and accurate exposure capture and calculation.

About role & responsibilities:

- The MRF function is seeking to recruit a local India manager to provide direction and oversight of all activities that are performed in Pune & Mumbai, India. Develop local people strategies and improve organizational collaboration. This role will also be responsible to help build presence in the Pune office and optimize efficiency through centralization of similar activities across.

- The current functional responsibilities include; managing the execution of the data change requests through prioritization and collaboration with IT, interacting with various stakeholders to understand the requirements and providing the same to IT, validating the changes and performing an impact analysis, and signing off on the changes for production release. The data requirements will be in support of BAU and regulatory items.

- The manager will be responsible for a team of up to 20 resources with the expectation that this team will grow over the next 12 months to support more regulatory driven initiatives. Developing a tight effective people stragey to further develop individuals and team dynamics.

- The successful candidate will be expected to support the head of the function who is based in Singapore, to manage the entire team of approximately 50 members.

- The candidate will assist with arranging the relevant governance forums as well as material and minutes from these meetings. Follow up of actions with members of the committee who are at director or MD levels will also be a requirement. The candidate will also be a member of several working group/steering committee groups where an update on the status or general guidance of estimates on effort involved will be required to be provided.

- Management and update of the data change book of work and corresponding logs

- Assist in the implementation of new policies as they related to the market risk function.

- Participation in projects to improve existing processes, controls and evaluating existing Controls.

- Working closely with the Business, IT Departments, Controllers, Operations

- To participate in the roll out of enhancements in risk systems and processes.

Please note: Candidates with irrelevant experience will not be entertained.