AVP/VP - Market Risk Analytics - Inv Banking

About Our Client

Our client is one of the largest investment banks in the world and is looking to rapidly expand its presence in India with new roles and business functions being brought in from overseas. They are looking at hiring a seasoned professional to setup their Market Risk Analysis team.

Job Description

You shall be responsible for managing the the risk analysis & control function and your key responsibilities shall be as follows:

- Process and analyse daily risk control activities covering credit and market risk business processes which include transaction management, collateral/netting exposures, Valuation moves, Sensitivity/Greeks analysis, Trading book management, VaR swings, Counterparty exposures analysis and associated capital swings.

- Calculate counterparty exposures and related metrics for portfolio of products including adjustments within reporting framework.

- Monitor exposures within pre-approved credit/country limits and investigate / report excesses through end of day process covering EMEA and APAC regions.

- Work on group limits with issuer country risk analysis

- Analyse and process daily reporting packs for Market risk covering FX, Credit, Rates and Commodities asset classes with VaR, Dynamic VaR, Risk Weighted Assets, Limits, Greeks movements as key factors

- Process regular counterparty portfolio exposure packs split across product lines ( Derivatives, FX, Rates ) including collateralization/netting benefits

- Identify Single Name Concentration risk, Wrong Way risks and work with relevant credit teams on reporting/remediation actions.

- Establish working relations with other business division’s i.e Front Office, Finance, Middle Office, Operations and Technology which includes regular control reports sharing and issue management.

- Undertake User Acceptance test for ad-hoc/strategic projects for credit / market risk divisions which includes regulatory capital reduction initiatives, methodology enhancements and system change sign-offs.

- Process Basel II driven data reconciliation tasks and follow up breaks with root cause analysis and remediation’s.

The Successful Applicant

- B Tech/B Sc/M Tech/MBA with at least 8+ years of experience in the market risk domain with excellent understanding of VaR.

- Excellent exposure to different asset classes like Rates, Fixed Income, Equities, Commodities and Derivatives along with professional certifications like CFA & FRM

- Hands on knowledge of SAS, MS Access, Excel, Business Objects, Spotfire to develop and improve risk analysis and reporting capabilities

- Strong leadership skills, experience in leading projects and effective management of senior stakeholders along with strong communication skills are needed.

What's On Offer

- Chance to work with a world leading brand in banking, which is in a stage of expansion in India. The role would give great growth opportunity and an attractive compensation, rewarding performance.