AM/AVP/VP - Credit/Market Risk

AM / AVP / VP - Credit Risk (Market Risk Engineering/ IB domain)

- To take responsibility for the daily time series validation process, investigate movement issues, ensuring that concerns raised are efficiently communicated and resolutions are planned and effectively coordinated and actioned. To develop and implement new and existing business initiatives and investigate potential issues surrounding the daily time series within all asset classes for Credit Risk’s Eagle risk system.

- New and existing business initiatives are fundamentally project based, therefore on occasions the need to have skills to actively participate in projects sequentially or in parallel with others is of the utmost importance. To have sufficient competence within the various product ranges and to add value to discussions with the line manager, Risk Manager, Front Office and other external groups within Product Control or the wider banking environment.

- The Market Risk Engineering team consists of differing functions that are imperative to our working business, such as time series validation, risk and position reporting for both Market and Credit Risk. This particular role is in addition to the existing headcount and is funded via the Basel III programme. The role will combine market risk practices for the fulfilment of credit risk requirements.

- To undertake daily Time Series BAU and Project work and to assist in the development of new and existing methodologies in the creation of historical time series. For example constructing or using existing statistical and/or time series models for synthetically creating data in accordance with approved data techniques.

- To monitor the credit risk calculation break downs due to insufficient or poor quality of market data – monitoring all trades that fail to risk using the strategic process.

- To undertake daily reporting activities and Project work to develop/modify reports in line with new methodology/business changes.

- Responsibility for daily time series, ensuring that problems are overcome by means of effective dialogue with internal and external team members.

Essential

- High quality degree with some quantitative subjects

- Experience in a top tier institution exposed to Credit Risk, delivery of projects, and/or Product Analysis

- Expertise with Excel VBA skills / Microsoft Access / Project / SQL / Word

- Talent for assimilating large quantities of data and presenting in a logical format.

- Excellent problem solving ability

- Quantitative analysis and research skills

- Attention to detail

- Working knowledge of systems and IT related environment

- Financial products knowledge

- Prior risk exposure

- Team player, Ambitious/focused

- The need for innovation and creative thinking

- The successful candidate will demonstrate persistence, diligence and the capacity to accept and drive change.

- I would expect them to come from either a Risk or Business/Financial/Product Control environment.

Preferred

- Numerate post graduate or professional qualification

- Financial Markets experience, Systems Exposure

- Knowledge of the Equities markets

- Risk calculation experience

- Risk system experience

- Knowledge on Unix

- Working with data.

- An individual with Product Control, Business and Risk experience.

- Proven ability to deliver timely high quality project work in a relatively unsupervised environment.

- Comfortable in communicating with Risk Managers and IT and be willing to question existing processes in a tactful manner. Previous Systems exposure.

Compensation - Open

Exp for AM - 4-6 yrs

Exp for AVP - 8+ yrs

Exp for VP - 12 + yrs

If keen, Please share your profiles at neha.malik@mastermindnetwork.co.in

Neha Malik Thapar