AK Group - Vice President - Market Risk

Role: VP - Market Risk

Location: Mumbai

Role Purpose: Lead the market risk function for the NBFC/group, covering the fixed-income investment/trading book, interest-rate risk and related market exposures.

Job Responsibilities:

- Own market risk on the treasury and investment book: G-Secs, SDLs, corporate bonds and CPs.

- Set and monitor limits on duration, PV01, VaR and concentration, and escalate breaches the same day.

- Run stress tests and scenario analysis for rate and spread moves; present results to the Risk Committee.

- Provide market risk inputs to ALCO/Risk Committee and work closely with Treasury, Investments, Finance and Credit.

- Review valuation and mark-to-market practices in line with RBI investment norms.

- Keep the market risk policy current and ready for audit and RBI inspection.

- Lead and develop a small team.

Experience & Qualification:

- 8 - 12 years in market risk at a bank, PD or treasury-heavy NBFC.

- CA/MBA/FRM preferred