AVP - Stress & Scenario Calibration - Investment Bank

As a people manager, the individual will manage analysts who work on Stress & Scenario Calibration and be responsible for the following.

Team & Stakeholder Management - 

- Oversee & manage the end to end operations of the team

- Provide effective & cohesive leadership to lead/guide the team

- Provide input towards developing metrics, scorecards and status reports to track the success of the business and highlight offshore team performance

- Develop & maintain a strong stake-holder engagement across all geographies (Countries, regions & Group) that are supported from India

- Ensure Time Series Governance and Control are understood by the team

- Take ownership of the BAU execution

Quality and Control - 

- Deliver quality market data for risk factors and scenario data relevant for risk calculations and improve transparency for risk management

- Manage market data validation system (Asset Control) and Tiger Scenario Engine which feed scenarios to the downstream Risk Engines such as ValServer, Raven, SummitVaR, etc

- Provide analytics to support the calibration of models. Generate and distribute relevant regular management information (MIS) with detailed explains

- Support data queries from various stakeholder teams

- Investigate and close data validation exceptions

- Ensure the daily BAU processes are effective and efficient

Change and Analytics:-

- Support functional enhancements to Tiger Scenario Engine and Asset Control

- Methodological improvements in risk factor/scenario generation

- Continuous data quality improvement focused on reduction in risk based capital charge

Experience & Qualification:

- Prior and relevant work experience of 9 to 12 years, post qualification

- Education from a reputed institution, and professional certification such as FRM / CFA preferred

- Excellent communication skills

- Prior experience handling a team

- Strong stake holder management experience

Domain expertise in Market Risk preferably with a bank or from a banking environment

- Good knowledge of Value at Risk models, market risk and financial instruments

- Prior experience in time series analysis, Asset Control would be preferred

- Basic to advance understanding of Asset Control would be preferred