Manager - Market Risk - Bank

Manager Market Risk

Company Profile: A Leading Small Finance Bank

I. ROLE PURPOSE & OBJECTIVE :

1. To prepare and submit RBI returns for Liquidity- LCR, SLS, NSFR, IRS etc.

2. Ensure tracking and closely monitoring liquidity and balance sheet mismatch risk for the Bank

3. Undertaking Liquidity stress testing and scenario wise analysis

4. Monitoring of Regulatory Ratios

5. Work as a part of ALCO Support Group and extend the attend to RMCB related requirements.

6. Handling RBI Audit, Internal Audit and compliance

II. KEY DUTIES & RESPONSIBILITIES OF THE ROLE :

1. Business/ Financials

- Preparation of Daily Liquidity related returns to internal and regulatory stakeholders

- Forecasting Liquidity and funding mismatch

- Timely submission of all Liquidity related RBI Returns- BLR, SLS, LR

- Monitor the regulatory reports using different stress levels and provide alternative solutions to refrain from regulatory breaches.

- Recommendations to ALCO members for better management of ALM and LCR related issues.

- Pro-actively identify key Risks and monitor the ability of the Bank to withstand negative shock.

2. Customer

- Handle the Market Risk team and direct the team towards achieving their goals

- Work in Co-ordination with Finance, IT, Treasury Front and Back office and other stake holders

- Attend to Compliance and Audit related Queries and work towards reduction of the observations /gaps identified.

- Drive communication of all risk related policies, guidelines, latest developments across the bank to facilitate compliance to it.

3. Internal Process

- Ensure timely and accurate delivery of Market Risk reports. Interpret the information and suggest actions for consideration by Senior Management

- Participate in scheduled meetings of ALCO / Risk Management Committee (for Market risk only)

- Proactively work on the monthly or quarterly regulatory reporting on risk related aspects

- Ensure the committee recommendations are documented and implemented effectively.

- Provide inputs for collating Risk Based Supervision and liquidity related regulatory disclosures

4. Innovation & Learning

- Build a capable team who can design and monitor the risk framework

- Maintain current knowledge of laws and regulations, keeping abreast with the most recent developments in regulations, notifications and circulars and disseminate the information regarding new regulatory developments

- Develop, coordinate and impart a multifaceted educational and training program that focuses on the elements of risk and related compliance program, and seeks to ensure awareness creation

- Maintain a knowledge base of strategy failures and implications, provide advice on preventive actions

- Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self and team

- Participate in industry level discussions to debate on the regulations or the best practices of market and liquidity risk management.

II. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

1. Educational Qualifications

- MBA in Finance or Risk management/ Chartered Accountant.

- At least 5 years of experience in Risk Management from a Nationalized Bank/ Private Sector Bank/Large NBFCs.

- FRM/PRM certification

2. Functional Skills

- Understanding of the business, market risk, Liquidity risk, treasury operations, Treasury dealing, operational risk and other risks in the Bank.

- Knowledge of LCR, NSFR, SLS, IRS

- Knowledge of undertaking various stress testing

- Knowledge of RBI polices/guidelines relevant to SFBs with respect to Treasury

- Good understanding of Risk Management principles & thorough understanding of the evolving practices for the management of market risk and regulatory requirements

- Adapt at influencing policy changes for commercial advantage or basis regulation

- Strong conceptual thinking ability to design complex mathematical models for explaining and predicting business metrics.

- Ability to apply mathematics to analyses complex data and develop conclusions and recommendations

- Efficient and effective management of the data, reporting and analytical systems.