IDFC Bank - Market Risk Analyst - Mid Office

Principal Responsibilities :

- Monitoring Transactions undertaken by the Treasury (Trading + ALM Desk) 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,un-explainable /undesirable dealing which is not in sync with guidelines / rules prescribed by internal policies.

- Broad Activities Involved are Transactions Monitoring (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 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 :

- Prior experience in Market Risk is preferred

- 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

Qualification :

- CA, MBA/Masters in Finance from Premier institute