Market Risk Role - Bank

Title : Market Risk

Experience : 3-10 Years

Location: Pune/ Mumbai

Job Duties:

- The role will require working closely with the market risk validation team of a large global bank. This will include managing and be mentoring a team to independently validate, review, assess and challenge the complex market risk models.

- Key responsibilities include understanding the conceptual framework and assumptions of models, guiding the team with innovative testing frameworks, resolving projects- issues, reviewing the comprehensive validation report, along with managing the deadline of each individual from the team.

- The candidates will be required to have sound knowledge and exposure to market risk models and validation process. This will include exposure to the following:

- Market Risk models

- VaR/RNIV models

- IRC and CCAR

- Stress testing

Qualification :

- Ph.D. - Mathematics/Physics/Engineering/Computational Finance/similar quantitative discipline; or Master's degree with relevant experience of 5-7 years.

Skills Required :

- Excellent knowledge of quantitative finance

- In-depth knowledge of multiple market risk models and related market known products.

- Strong exposure to various risk concepts including VaR, RNIV, IRC and CCAR

- Experience in different review/validation framework for Market \Credit Risk

- Excellent analytical and creative problem-solving skills

- Ability to manage multiple validations with different timeline