Associate/AVP - Market Risk - Investment Bank

Risk Reporting, Project & Middle Office, a group within the Finance & Risk CFO organization, is responsible for providing reporting and analysis to internal Risk Management monitoring controls and the quality of risk data, and accountability for the management and execution of key reporting projects.

- Examples of the group's work include the preparation of periodic overviews of Firmwide VaR and Economic Stress Tests results for the Firm's Board of Directors. Producing daily, weekly & monthly risk/ financial overview reports which are used by the firm's most senior management to monitor firmwide risk profiles.

- Performing daily, monthly and reporting for 10Q, Basel 2.5 and various Legal Entities. Reporting the Firm's external disclosures, i.e. Quarterly Press Release, and Form 10-Q/10-K filings. The group also has project management responsibilities for major projects within and outside the group.

- This Analyst role is part of the RRPMO group and lies specifically within the Market Risk Reporting team. For this role, candidate will be expected to provide support to the Firmwide Market Risk Analysis group. Market Risk Analysis is an independent risk group within Risk Management, reporting to the Firm's CRO, which identifies, measures, monitors and controls market risk.

- Market risk management seeks to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the firm's market risk profile is transparent to senior management, the Board of Directors and regulators.

- Firmwide Market Risk works closely with the Market Risk teams aligned to each Line of Business and other partner teams including Risk Reporting, Risk Policy, Regulatory Risk, Market Risk Middle Office, Business Middle Offices, Control & Oversight and Model Review to perform market risk analysis, to set market risk policy and a consistent framework for Market Risk across the firm, and to share best practices across LOB Market Risk teams.

- Firmwide Market Risk Analysis is part of the Firmwide Market Risk organization and is responsible for analysing and providing quantitative and qualitative analysis around the firms consolidated risk profile to Senior Management in the organisation.

- Additionally the team's mandate is to develop tools and analytical capabilities to support the Market Risk organisation in understanding and explaining key statistical and non-statistical risk measures.

Responsibilities :

- Performing relevant market risk analyses across the risk profile of the business of the firm.

- Responding to Market Risk coverage groups across businesses with metrics to make the important risks and P&L drivers more transparent to senior management.

- Using knowledge and understanding of risk profiles to provide explanations to senior management on significant risk drivers across portfolios.

- Assisting in a wide range of on-going and new projects with Risk Management, Finance, Technology, Valuation, Quantitative Research, Model Review Group, Basel Groups.

- Constantly focussing on operating efficiently and improving processes while maintaining a strong control environment.

- Manage Start-of-Day process such as Feeds management and data quality

- Good understanding of Equities, Fixed Income, FX and Commodities products, securities, derivatives and financial products.

- Understanding of Value-at-Risk, Stress and risk sensitivities and Understanding of financial regulatory and policy requirements preferred

- Ability to execute projects from design, implementation and delivery. Ability to work independently in highly demanding environments and to make clear recommendations to senior risk managers.

- 2+ years experience in market risk management or trading team is preferred.

- Excellent academic background (preferably Economics, Finance, Engineering, Mathematics or Physics). B.E./ BTech & MBA/ MSc or equivalent preferred.

- CFA, FRM preferred

- Application skills, advanced Excel required.

- Strong analytical and problem-solving skills with good attention to detail.

- Inquisitive nature with an eagerness to investigate and fully understand products, processes and issues.

- Clear oral and written communication, and strong interpersonal skills.

- Ability to challenge efficiency and drive forward on change and innovation of processes