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09/12 Hiral Shah
Branch Manager at Pylon Management Consulting

Views:3425 Applications:45 Rec. Actions:Recruiter Actions:20

Principal Consultant - Market Risk (10-14 yrs)

Pune Job Code: 402185

The purpose of the job is to design, develop, enhance enterprise applications in Risk primarily using SDLC / SRLC methodologies in Market Risk area.

Key Responsibilities :

- Conduct the meeting with clients and key stakeholders to gather requirements, analyze, finalize and have formal sign-off's from approvers

- Gather and conduct analysis of the business requirements

- Translate the business requirements into the Business Requirement Document [BRD], Functional Requirement Document [FRD] or Minor Development Document [MDD]

- Translate intricate business processes into clearly defined technology deliverables

- Analyze complexity of various deliverables, their mutual dependencies; estimate effort and contribute to deciding project timeline in collaboration with local & global technology Lead.

- Work as a subject matter expert, business analyst, for core market risk functions like VaR calculation, VaR / exposure reporting, PAA and Backtesting, Limit monitoring, Trading Mandates

- Be a subject matter expert for regulatory requirements from Market Risk, including but not limited to BASEL 2.5, Volcker, FRTB, BCBS239 etc.

- Develop a thorough understanding of suite of applications in market risk, functionality provided by existing applications and their limitations, future road map as driven by regulatory and internal priorities. Find gaps and limitations in the applications and opportunities for consolidation in collaboration with the local and global technology leads.

- Develop a thorough understanding of data coming from various sources including front office and primary risk/finance data sources, limitations and gaps in attributes required for various regulatory and internal commitments.

- Analyze and onboard limits and exposure reports for different limit tiers for business or regulatory deliverables, perform similar onboarding and setup tasks using application tools which require subject matter expertise in

Risk and Application knowledge :

- Provide application demos to users, and answer user queries related to daily risk management/reporting if and when required.

- Conduct functional testing of application during development

- Analyze and explain the results and releases and get user sign offs

Qualifications :

Knowledge / Experience :

Thorough knowledge of cash and derivative products in Fixed Income, FX, Equities and their sensitivities. Exposure to VaR methodologies

- Knowledge of Risk factors and mapping

- Local pricing and Full pricing

- Variance covariance matrices, simulation and aggregation

- Linkage between Market Risk and Basel II/III

- Excel prototyping

Skills :

- Analytical modeling of VaR Methodologies

- Thorough understanding of financial products

- Exposure to Use case methods

- Articulation / Written and verbal communication.

- Deep working experience of flow charting, Visio, MS-Office applications, excel macros

- Knowledge of databases, SQL

- Willingness to learn technologies for data access/data analysis as required

Qualifications :

- FRM / CFA is preferred. B.Tech,B.Com, BSc (Math) grads can also apply

- Experience in Investment banking/capital markets is a must

- 10-12 years of experience is a must

Competencies :

- Good change management discipline

- Team work

- Good written and verbal communication skills

- Ability to explain domain concepts to Developers

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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