Director - Market Risk Management - BFSI

This role is for a newly created position within the Market Risk team, leading the India hub Market Risk activity. The role will be responsible for the build-out of the function and provide ongoing local leadership to the Market Risk functions in India, and will provide the senior-level interface to Management locally and the Market Risk Management team. The role reports locally to the Head of Risk & Compliance in India and functionally to Market Risk.

Responsibilities:

Hub Governance & Administration :

- Establish and manage governance around key review meetings

- Develop key MIS & Executive Reporting and drive standardization across processes

- Provide input and review financial and business management needs for India and global management (e.g. headcount, budget, recruitment, real estate)

Location Strategy and People Leadership :

- Develop and implement the India Market Risk strategy (including recruitment, retention, training, awareness, operating procedures, control frameworks)

- Foster an environment of collaboration, information sharing, and discussion to breakdown silos, create synergies and share best practices across groups

Functional Responsibilities :

- Lead relevant market risk analyses for current Basel 2.5 and future Fundamental Review of the Trading Book (FRTB) rules for LOBs and across the risk profile of the firm.