AVP - Capital Analytics - Scenario Generation - Investment Bank

We are hiring at AVP level for Stress testing - Scenario generation team for a leading Investment Bank in Gurgaon.

Role : Capital Analytics - AVP

Business Function : Enterprise Risk Management

Reports To : Head of Capital Analytic

Business Division: Enterprise Wide

Purpose of the role :

- Utilizing analytical expertise across all risk disciplines to support the assessment and understanding of company's risk profile and capital adequacy; support deep-dive analytical reviews and cross-business/portfolio diagnostic work to identify and evaluate underlying risk

- Developing & maintaining the quantitative & qualitative methodologies to cover the various Regulatory capital, stress testing and EC lenses.

- Support the use of stress testing frameworks and tools for use in Risk decision making and drive consistent and cost effective implementation of processes.

- Deliver development of capital analytics and integrate it within the wider functionalized Risk Management Framework

- Provide analytics to support business reviews to determine common issues in specific portfolios in order to identify emerging risks.

- Collaborate with Head of Capital Analytics and peers to analyse industry and following industry trends to inform and deepen own understanding of credit capital risk.

Deliverable :

- Utilizing quantitative techniques to evaluate and support the functional risk model to support the analytics of business/portfolio reviews; Manage and support the quantification of risk appetite and provide input to guide portfolio limit setting

- Work with the Capital Analytics team to utilize stress testing to support risk appetite limit setting and managing concentrations by identify potential losses, exposure movements and capital requirements at Group, country and sector levels for a range of stress scenarios

- Implementation of Reverse Stress Testing methodologies and models in line with Stress Capabilities agenda and regulatory change

- Delivery of developed & parameterized economic scenarios for assessing capital adequacy, and identification of vulnerabilities across the P&L and Balance sheet.

- Assess the adequacy of required capital estimates within the Bank and prepare required documentation to support the assessment to senior management and the Board;

- Providing oversight and support to functions on Capital Analytic related topics such as portfolio analytics, sensitivity analysis and stress buffer allocation;

- Support localized strategic stress testing initiatives, as and when required, eg. Bad Bank.

- Provide independent review and challenge of stress test results, with a focus on overall credibility of results and a comparison of results within and across scenarios

- Close interaction with Senior Business Risk Specialists and Risk Senior Management to drive delivery & challenge methodologies; assumptions, outcomes and implications of results

- Production and delivery of reverse stress testing; influencing Senior Governing Committees on outcome of results

Experience/ Qualifications :

Essential :

- 4+ years professional experience in risk management or in a Banking environment

- Strong quantitative background

- A high level understanding of a banking institution P&L, balance sheet, and capital management topics

- Experience in producing high quality documentation output

- Strong communication skills and experience of presenting quantitative topics

- Hold a degree in quantitative discipline

Desirable :

- Good understanding of the Basel II/III framework

- Experience in establishing, tracking and meeting of project management objectives

- A broad understanding of accounting treatments

Other Significant Role Requirements:

Scope of Role :

The Capital Analytics Manager will interface with the following stakeholders or parties (Internal or External) :

- Head of Enterprise Wide Risk Management and other EWRM Heads Of

- Heads of Risk

- Risk Functional Heads

- Conduct & Regulatory Affairs

- Stress Test Model Development, Execution & EC Teams

Technical Knowledge :

- A good understanding of stress testing, credit risk, market risk, and its processes.

- Strong analytical problem solving skills in a banking, financial markets or consulting environment including an ability to break down complex problems into a small number of key issues, articulating novel analyses to resolve each issue, outsourcing those analyses to subject matter experts where necessary, while retaining overall responsibility for the quality and coherence of the resulting problem solution; and synthesizing the results together with an understanding of how these can be applied.

- Strong verbal and written communication skills, with an ability to explain analytical issues and synthesize complex analyses in a form that is appropriate for management interactions

- Strong project management skills, with a demonstrated ability to deliver end-to-end project execution with minimal supervision and under significant time pressure

Risk Management :

2nd Line of Defence :

- Actively consider the inherent, material risks of the business/ organisation. They should analyse the risk profile and seek confirmation that the risks are being appropriately identified. Assessed and mitigated to the desirable level (Risk Appetite).

- Establish and deploy robust risk and control frameworks which meet the strategic needs of the group, including communication, training and awareness.

- Provide Expert support and advice to the business on risk management. This includes interpreting and complying with the risk policy standards and risk management framework.

- Conduct suitable assurance to ensure 1st line compliance with policies/ responsibilities.

- Provide senior executive with relevant management information and reports, escalate concerns where appropriate.

Conduct Risk :

To be accountable for ensuring you understand, uphold and promote the Conduct risk standard pillars :

- Employee Conduct

- Corporate Conduct

- Market Conduct

- Conduct towards our customers

Operating Disciplines and Controls :

- Establish and maintain operations, controls, risk assessments and assurance programs, monitoring of risk and controls to identify, assess and manage any material risks which may arise.

Business Continuity :

- Ensure adequate Business Continuity plans are maintained and tested for Risk Substantiation and wider Enterprise Risk Management team.