Associate/Senior Associate - Global Risk Market Risk Securitized Products

Global Risk Market Risk Securitized Products - Associate / Senior Associate

Corporate Title: Associate

Functional Title: Senior Associate
Experience 4+ years of exp

Qualification B Tech / CA / MBA Finance

Job Location: Mumbai Powai

Business Unit Overview:

Market Risk Management works to identify, monitor and control the firm's exposure to risk, analyze stress test results, and provide analysis on new products and businesses. Powai Market Risk managers liaise with the risk managers in the trading centers on a daily basis to help manage their market exposure, set & review risk strategies. Major activities involve daily analysis and interpretation of the results of risk sensitivities; validation of VaR, Incremental Risk Change, Economic Capital numbers and sign-off on the relevant Risk systems & preparation of risk reports for traders and senior business management. Risk managers are also expected to re-engineer the risk reporting process and provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads

Role & Responsibilities:

- The position is a role in Market Risk Management for Securitized Products asset class. The candidate will work with risk managers primarily focused on the US Agency Mortgage Business (Pass-throughs, CMO, Agency CMBS) and Non-Agency Securitized Products Business (Legacy RMBS, RMBS 2.0, CLO and secured lending.

- The role will include monitoring markets, trading activity and limit utilization, as well as performing ad-hoc stress analysis, preparing risk reports and discussing trading desk positions and risk exposures with senior risk managers and traders.

Mandatory Skills:

- Good knowledge of Financial Products (especially derivatives), Financial Markets, Economics

- Understanding of risk sensitivities, VaR and economic capital

- Background in a numerical discipline: engineering; math; science; etc.

- Strong analytical, quantitative and technical abilities

- Strong communication skills (oral and written)

Technical Skills:

- Certification in CFA/FRM

- Python for Finance

- Knowledge of Power BI, Alteryx

- Advanced Excel