VP - Scenario Stress - Investment Bank - IIT/IIM/NIT

VP: Scenario Stress

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 : 9 -14 years

Job Location : Mumbai

Designation : VP

Responsibilities :

- Ensure delivery of high quality quant analysis and business support to CRM and FO at transaction and portfolio level

- Ensure that the external audit and regulatory commitments are met within agreed timelines.

- Collaborate with stake-holders in rolling out the changes/enhancements in line with Credit Analytics roadmap and key change initiatives.

- Ensure appropriate stakeholder management by pro-active communication of upcoming changes

- Timely response to all business requests from CRM and other stakeholders

- Improved constructive collaboration with other Credit Analytics teams

- Understand the existing processes and systems (and interdependencies)

- Ability to map these to existing infrastructure (people & processes) in Credit Analytics and various strategic initiatives / projects taken within the group

- Take initiatives to share knowledge with the team and promote cross team KTs

- Using this knowledge to improve existing systems/processes

Expectations from candidates :

- Should have experience with the following

i) OTC Derivatives (At least one asset class), Secured Financing Transactions

ii) Pricing models

iii) Computation of risk metrics (e.g VaR, EPE, PFE, RWA, Greeks)

- Prior exposure to stress testing methodology and reports

- Good MS Access skills

- Good VBA & SQL knowledge

- MBA/Analytical/Numerical degree

- Should have knowledge of basic programming, algorithm.

- Knowledge of risk mitigation practices and experience with Basel II/III initiatives would be considered advantageous.

- Being responsible for deliverables.

- Good Communication skills.

- Highly Detail Oriented.

- Team management experience.