We have an urgent position with our client in Mumbai.  Goal  - Lead a team of analysts supporting the reporting (including VaR, Position Risk, ERC and sensitivities), limit monitoring and backtesting preparation.  - To review final output before sending to end users of the reports. Review meaning ensuring there are no errors and any discrepancies are fully explained  - Work with the reporting team to improve efficiencies across reports and analytical tools as well as the development of further tools.  - Drive the career development, and training, of junior staff  Main responsibilities and key tasks:  - Core responsibility is to prepare daily reports covering Value at Risk and exposure across various cuts of the trading and lending portfolios, and the various business lines  - Calculate regulatory capital   - Information is also provided to regulators, rating agencies and other relevant third parties on a periodic basis  - Calculation and reporting of Group Position Risk (99%), including analysis of portfolio changes and composition over the reporting period  - Production and distribution of market risk reports including investigation and analysis of exceptions, data integrity and methodology issues  - Reporting and performing validation checks on VaR movements. This will involve evaluation and analysis of market risk exposures by employing statistical and other approaches.  - Ensure that the risk reports are accurate and complete along with the implementation of improved controls.  - To participate in the roll out of enhancements in risk systems, processes and data feeds.  - Key constraints for the business  - Daily monitoring of VaR, ERC, Exposures and Sensitivities against limits globally across all business lines  - Reporting of and explanation of limit violations to senior management; Escalation and resolution of limit breaches  - Comparison of P&L against the VaR by business line  - Liaising with P&L team and business line risk managers to explain exceptions  In case you wish to explore this opportunity, please feel free to call me or write to me on the below mentioned details.  Contact- Reema Maheshwari Founder & Chief Consultant Credence HR Services Call: 9823243381 LL: 020-65100881 LinkedIn: http://in.linkedin.com/in/credencehrservices  Visit us : www.credencehrservices.com

Mumbai

AVP - Market Risk Reporting  

AVP - Market Risk Reporting   ,Job Description for AVP - Market Risk Reporting   in Credence HR Services in  Mumbai for (7-11) years of experience. Apply Now!

Job Description for AVP - Market Risk Reporting   in Credence HR Services in  Mumbai for (7-11) years of experience. Apply Now!