VP - Market Risk/FX/Rates/Commodities Business - BFSI

The role is within the Global Macro cluster, a newly created cluster that oversees all the FX, Rates and Commodities business as per the 2014 Bank announcement.

- The candidate will have to monitor, understand and analyze the market risk and to support the MLRM cluster manager and the Macro team.

- Daily risk sign-off for the desks across geographies, RNIV review and sign-off, Reg projects like FDSF and ICAAP, Backtesting exceptions, Weekly risk reports, Analysis of markets across asset classes on weekly basis

- Control the risk taking and participate in the definition of a limit framework including Deep dive into risk analysis and/or stressed scenarios and present findings to others within the team, traders and senior managers.

- Advise and drive delivery of tools/methodologies like VaR, sensitivity analysis, scenarios.

- Liaise with other departments and support/manage project deliveries. Manage delivery for the Global Macro team in Mumbai to global counterparts in London, NY and Singapore

- Ensure that reg submissions like FDSF, ICAAP etc are completely managed out of Mumbai

- Ensure that the team is managed effectively - appraisals, leave management, work allocation etc

- Build collaborative partnerships with Global counterparts and seek to enhance the overall output from Mumbai team - both qualitatively and quantitatively

You Offer

- Post-Graduate with 12-15 years of exp in other Investment banks or in senior risk profiles in Indian banks managing team of 6+ people

- MBA/CA, FRM an added advantage

- Should have prior experience is risk management and working experience of different concepts like VaR,SVar, Scenario Analysis, Stress testing

- Should have handled different asset classes like FX, rates from a risk standpoint and have very good understanding of various financial instruments including derivatives

- Should have very good communication skills and also should be able to influence others to achieve superior results for the team

- Ability to navigate in a matrix organizational structure

- Stakeholder management skills