Chief Manager - Market Risk - Financial Institute

Opening for the Role of Chief Manager in Market Risk for a Leading Financial Institute

Designation : Chief Manager

Grade : Chief Manager

Reporting To : Senior Director

BU : Risk

EU : Banking

Function : Corporate Banking

Sub Function : Corporate Banking

Principal Responsibilities :

- Monitoring Transactions undertaken by the Treasury with an intention to mitigate the risk posed by anomalous trading; unauthorized positions masked by fictitious off-setting trades ; open market positions in the trade database; hidden from the relevant MIS reports; unexplainable /undesirable dealing which is not in sync with guidelines / rules prescribed by internal policies.

- Board Activities Involved are Transactions Monitoring, This involves : Off market trades monitoring (Rates Scan), Trade Input errors monitoring, Monitoring Modification and Deletion of Deals, Back dated trades monitoring, Monitoring of deals with Generic/Internal Counter party, Monitoring delays in Deal Input

- Monitor Internal deals within the Treasury (Inter desk deals).

- Monitor transactions to identify patterns arising out of anomalous trading if any.

- Dealer book monitoring to identify and fix ownership for each and every trade and P&L arising out of such trade. To avoid deal ownership issues.

- Static Data Monitoring of Treasury systems: To monitor that all the static data changes in the Treasury system are authorized.

Required Skills and experience :

- Should have adequate knowledge of the Treasury systems and processes

- Should have adequate technical knowledge to understand the products dealt by Bank and business work flow

- Should have ability to understand and implement Industry Best practices