Analyst/Senior Analyst/Associate - Market Risk - BFSI

Risk Middle Office is a function within Global Middle Office that is responsible for Risk Model & non Model Input Data Management and Control, Exposure Metric Validation, Risk Limit Management and Risk Reporting. Market Risk Middle Office (MRMO) is a sub-function within Risk Middle Office supporting, monitoring and assessment of input data and impact on Market Risk metrics.

Core Responsibilities include:

- Ensures relationships between range of reference data, Trade attributes, instrument and transaction data are not broken. Whilst input data is validated; reported data is reconciled.

- Assist Risk Managers (RM) in overriding data where necessary as part of Adjustments/overrides

- MRMO function reconciles reports between systems to ensure that numbers from multiple systems are consistent

- Drives data management strategy for Risk and helps develop data architectures

- Provide ad-hoc risk views and drill-down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads.

Roles & Responsibility:

Support T+1 sign off process

- Analysis of data, resolution of breaks and clean-up of existing data.

- Implement data quality processes around all data inputs and outputs to and from Risk

- Management systems

- Experience in understanding & developing target operating models aligned with the Business.

- Supervisory controls and governance.

- Produce weekly Management updates & key metrics

- Active participation in the implementation of regulatory deliverables like BSBS239, FRTB etc

Skill Set required:

- Understanding of Market Risk and risk measures like VaR, IRC,SVaR etc.

- Understanding of financial products

- Proficient in writing SQL/oracle queries and VBA macros.

- Proficiency in Business analysis and operational activities.