01/03 Karan Madhok
Manager - Risk/Digital & Analytics Practice at Michael Page India

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Director - Market Risk Management - BFSI - IIM/IIT/ISI (12-14 yrs)

Delhi/NCR Job Code: 198560

About Our Client:

Our client is a leading financial services organization across the globe. With 60+ offices in more than 20 countries they are a world leader in providing risk based solution to leading organizations across the globe. As their business in India is expanding, and are looking for a seasoned professional having solid exposure to diverse areas within the market risk domain.

Job Description:

- Reporting into the Overall Head of Risk, you would work as a deputy head of market risk.

- You would be responsible for managing the overall market risk function of the bank while managing different functions such as Quantitative Modeling, Stress Testing, Portfolio analysis, Counterparty Risk Analytics, etc.

- Your main objective would be to strengthen and build this critical function for the bank.

Your key responsibilities shall include:

- Develop and grow the market risk function and update the overall operating model to ensure effectiveness

- Brainstorm to make the existing setup more effective and work in improvising on the existing team setup and management

- Provide advice, direction and support to the team while working as a SME

- Ensure that the appropriate policies, processes, frameworks, systems and controls are embedded within the market risk function and are compliant with the bank's overall risk management policies & standards

- Work closely with risk managers of relevant asset classes, to be aware of latest changes in risk mappings, representations, position compositions

- Keep abreast of the regulatory changes in methodology (BIPRU, CRD3, CRD4) with regards to model standards

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

- Overseeing design and implementation of new tactical and strategic processes

The Successful Applicant:

- You are a Master's in Statistics / Economics/ Mathematics/ Science or any other quantitative discipline from a Tier 1 institution (IIT's, IIM's, ISI) with minimum 12 years of experience in the Market Risk domain

- Certifications such as CFA, PRMIA, GARP, ACT/MCT, FRM, PRM, CQF shall be preferred

- Extensive exposure of leading the market risk management function for a global investment bank along with experience of working in diverse facets of market risk such as risk modeling, counter-party analytics, stress testing, etc

- Sound understanding of front to back banking operations covering front office, middle office and back office.

- Excellent understanding of risk methodologies along with knowledge of regulatory requirements (FSA, EU/CRD and Basel/BIS)

- Strong exposure to diverse asset classes with understanding of market conditions (volatility, extreme price moves)

- Ability to manage, lead and scale up teams along with excellent stake holder management abilities

What's on Offer:

Excellent work life balance in a very meritocratic culture with leading MNC. This role would offer you variation, stability and career progression in addition to a highly competitive compensation

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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