Associate/Analyst - Market Risk - Stress Testing

Role & Responsibilities of the position in brief:

- Stress testing primary purpose is to ensure that all material risk concentrations are understood and consistent with the Firms risk appetite and business strategy

- Stress testing is carried out on a regular basis to ensure that the firm has sufficient resources to continue to do business in the event of a severe downturn scenario beyond the reach of VaR/Economic Capital

- Analysis and review of scenario results, focusing on understanding behaviour of derivative products under scenario conditions

- Implementing improvements to stress testing reporting information and developing new stress tests in order to provide effective key risk management information to senior management

- Working with front office and other risk managers to review current portfolio risks and trading strategies in order to develop new scenarios / improve current scenarios to fully address market risks

- Overall consolidation Reporting: monthly / quarterly to senior management and regulators

Skills:

- Knowledge of Derivatives products (including exotics) Markets, Economics

- 1 - 6 years of experience in Stress testing, preferably on the fixed income side on trading/risk management

- Masters (MBA preferred) from a reputed institution

- Strong in programming

- Experience on MS-Excel, VBA, SQL