Head - Market Risk - Bank

1. Strategy & Leadership:

- Define the overall market risk management strategy in alignment with the banks risk appetite framework.

- Provide thought leadership on market risk trends, emerging risks, and regulatory developments.

- Lead and mentor the Market Risk team to build strong risk management capabilities.

2. Risk Framework & Governance:

- Establish, maintain, and periodically review the Market Risk Management Framework, policies, and procedures.

- Ensure effective governance through risk committees, reporting, and escalation mechanisms.

- Develop stress testing and scenario analysis methodologies to assess the impact of extreme but plausible market events.

3. Risk Measurement & Monitoring:

- Oversee daily monitoring of market risk exposures (trading book, banking book, liquidity, interest rate risk, foreign exchange, derivatives).

- Ensure implementation and validation of market risk models including VaR, sensitivities, stress testing, and back-testing.

- Monitor limit utilization and breaches, ensuring timely escalation and corrective actions.

4. Regulatory & Compliance:

- Ensure full compliance with regulatory guidelines (e.g., Basel III/IV, RBI, local regulators).

- Drive Internal Capital Adequacy Assessment Process (ICAAP) for market risk.

- Support regulatory reporting, inspections, and audits.

5. Stakeholder Management:

- Partner with Treasury, Trading, ALM, Finance, and other business units to provide market risk insights and independent challenge.

- Engage with regulators, auditors, and rating agencies as the senior representative for Market Risk.

- Support the CRO and senior management in decision-making with timely, accurate risk analysis.

6. Systems & Data:

- Oversee market risk systems, tools, and data infrastructure to ensure accurate risk measurement and reporting.

- Drive digitalization and automation initiatives in risk analytics and reporting.