About Capital and Risk Information Services (Mumbai) CRIS Mumbai The Risk function is responsible for evaluating, monitoring and controlling Market, Credit, Contingent, Operational and Settlement Risk to ensure comprehensive and effective control and independent challenge to support the Bank in its commercial objectives. Risk works with the business units to independently quantify the appropriate level of risk for the client, for the bank and for our shareholders, applying appropriate governance and control to ensure the right decisions are made using accurate calculation, assessment and recording of exposure and risk. Within Risk, Capital Risk Information Services (CRIS) - Market Risk delivers global, multi-asset class solutions for the production, control and validation of various internal model risk measures (DVaR, SVaR, IRC and APR). CRIS plays a key role in the management and maintenance of processes that feed into all Market Risk Capital measures. The department works closely with a variety of stakeholders including front-line desk market risk management. Person Specification It is the policy to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law. Dynamic working gives everyone at the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. Overall purpose of role As a AVP (Team Lead) for the CRIS team, the key expectation is to take responsibility for CRIS processes assigned which includes : - Managing the daily operational process of validating the Time Series (TS) for CCR, - SME &amp; Lead for Market Data Time series, VaR Production, Back testing, Stress Test Reporting, FDSF, Volker Reporting - As a Lead the expectation will be to work closely with a variety of stakeholders including front-line desk risk management. Key Accountabilities - Responsible for Leading and providing local oversight of CRIS production team ( Business Line / Functional Team) in Pune. - Responsible for operational management of daily deliverables, - Ensure timely VaR sign-off ( Flash/Finals/ etc ) and other deliverables based on frequency - Ensure any data quality gap is overcome by means of effective dialogue with internal and external team members. - People Management for a team size of 5-8 - Lead &amp; SME for Time Series Market Data &amp; Business Line/ Non Business Line Team and responsible to ensure timely MR reporting - Monitor, escalate any production gaps (people issues, system issues) to the management team or IT. - To provide business requirements for any new development or fixes to the Market Risk Projects team or IT and to sign off test results. Stakeholder Management and Leadership - Liaise with the CRIS onshore teams, Risk Managers as well as with the relevant Change/IT teams for various key initiatives ( Tactical and Strategic Change, BAU escalations and Control tasks) - Ability to deal with senior stake holders across different time zones ( CRIS Mumbai support Risk Managers in Asia and EMEA ) - Global CRIS Coordinator for : BCBS 236 Fully Complaint, EUDA consolidation, SPD, FDSF - Lead JIRA implementation for CRIS MR for Issue tracking Decision-making and Problem Solving - Analysis and problem solving skills in delivering solutions that are required by Clients - Ability to steer the solution building process based on strong understanding of the market risk infrastructure and the VaR production processes Risk and Control Objective [This section is mandatory for all role profiles and must not be deleted] Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards. Person Specification - Bachelor's degree in an analytical area from a reputed Tier 1 institution is required. Candidate must have an analytical/quantitative bent of mind. - Good knowledge of Risk, especially Market Risk concepts and methodologies - Experience in building, managing, and improving processes. - Prior experience in the Market Risk Reporting is preferable - Deep knowledge of Risk Measures, sensitivity-computation methodologies would be an advantage. - Proficient in the use of IT Systems; ability to quickly come up the curve on in-house systems. - Highly motivated, energetic individual with a strong process engineering and quality control focus. - Comfortable liaising with the department's wide range of business partners that span globally, - Strong problem solving skills and attention to detail. - Depth in People Management - Excellent communication skills - Team player and lead - willing to take on incremental responsibilities. - Ability to cope with change and very tight deadlines - Local SPOC to liaise with both Internal &amp; External Audits to make sure that appropriate Controls are in place - Ensure the Market Data / Risk measures function is compliant with all Regulatory requirements in terms of both timeliness as well as accuracy - Ownership of the quality of the control checks on the processes - Ownership of implementation of all proposed Risk Controls like the RCSA in a timely manner in the entire market data space - Ensure complete adherence of the team to all internal Policies and Standards at all times Essential Skills/Basic Qualifications: No more than four bullet points Each bullet to be no longer than two lines Content to be in priority order Desirable skills/Preferred Qualifications: - Masters Degree in a quantitative discipline ( Financial Engineering, Financial-Math) is preferable - Proficient in programming languages - Excel VBA, SQL ( Preferred )

Pune

AVP - Market Risk Reporting - VaR - Capital & Risk Information Services Team 

AVP - Market Risk Reporting - VaR - Capital & Risk Information Services Team  ,Job Description for AVP - Market Risk Reporting - VaR - Capital & Risk Information Services Team  in Black Turtle in  Pune for (7-12) years of experience. Apply Now!

Job Description for AVP - Market Risk Reporting - VaR - Capital & Risk Information Services Team  in Black Turtle in  Pune for (7-12) years of experience. Apply Now!