About the Company

Our client is a leading global financial services firm with a strong presence across major financial centers worldwide. The firm offers a comprehensive suite of investment banking, securities, wealth management, and investment management services. Known for its focus on innovation, integrity, and client-centric solutions, the firm is committed to delivering efficient risk-adjusted returns while maintaining a robust risk management culture.

About the Market Risk Analytics Team

The Market Risk Analytics team plays a pivotal role in supporting the organizations objective of achieving efficient risk-adjusted returns while safeguarding against financial and operational risks. The team consists of highly skilled risk professionals, quantitative analysts, and subject matter experts across key financial hubs, with the Mumbai team driving end-to-end ownership of asset classes and critical workstreams.

The team develops and implements cutting-edge models to assess the impact of market fluctuations on the firms portfolio, ensures regulatory compliance, drives capital adequacy analysis, and provides actionable insights to senior leadership.

Key Areas of Work

- Design and implement models for Value-at-Risk (VaR), Stressed VaR, Incremental Risk Charge (IRC), and Default Risk Charge (DRC)

- Support FRTB (Fundamental Review of the Trading Book) implementation and market shock infrastructure migration

- Enhance risk factor exchange and data tooling

Key Responsibilities

- Team Leadership: Manage and mentor a diverse team of risk analytics professionals across Credit, Upfront Market Shocks, Macro, SA, EVaR, IRC, and Time Series modeling

- Strategic Direction: Drive the strategic development of market risk methodologies in line with regulatory requirements and business goals

- Regulatory Engagement: Lead regulatory programs such as FRTB implementation, stress testing, and capital adequacy assessments

- Cross-Functional Partnership: Work with trading desks, technology teams, and senior management to ensure timely and accurate risk insights

- Model Governance: Oversee validation and implementation of sophisticated risk models with methodological rigor and industry best practices

- Global Collaboration: Coordinate with international teams to ensure consistency in risk measurement approaches across geographies

Key Qualifications

- Experience: 15+ years in market risk management, risk analytics, or related fields with proven people management experience

- Technical Expertise: Deep understanding of market risk methodologies including VaR, Expected Shortfall, Stressed VaR, and IRC

- Education: Advanced degree (Masters/PhD) in Financial Engineering, Mathematics, Physics, Computer Science, or other quantitative discipline

- Regulatory Knowledge: Strong knowledge of Basel frameworks (FRTB, CCAR) and capital allocation methodologies

- Leadership: Demonstrated ability to build, lead, and inspire high-performing, cross-location teams

- Communication: Ability to present complex quantitative concepts as clear, actionable business insights for senior stakeholders

Core Technical Skills

- Strong foundation in mathematics, statistics, econometrics, and quantitative modeling

- Proficiency in programming languages (Python, R, SQL)

- Experience with data visualization and analytics tools (Power BI, Excel, Tableau)

Domain Knowledge

- Understanding of financial products including derivatives, credit instruments, and structured products

- Familiarity with risk metrics such as VaR, stress testing, and scenario analysis

Next Steps:

If this opportunity interests you, please share your updated resume along with the following details:

- Current CTC (Fixed & Variable)

- Expected CTC

- Current Location

- Total Relevant Experience in Market Risk / Quant Risk

- Notice Period

- Experience in Market Risk and/or Quant Risk?

- Have you interacted with regulators or led regulatory remediation projects?

- Key regulatory deliverables handled (FRTB, Basel III, CCAR)?

- Asset classes worked on (Rates, Credit, FX, Commodities, Equities)?

- Any SME expertise in a specific risk methodology or asset class?

- Role focus more strategic or execution-heavy?

- Experience in model development/validation (VaR, Stressed VaR, IRC, DRC, ES)?

- Team size handled, global team exposure, and reporting line?

Additional Step Mandatory:

Along with your resume, please include a short 100-word summary describing why your experience makes you the right fit for this role.

This will help us assess your suitability quickly and prioritize your application.

Vidhi Shah
Dimensions HRD Consultants