Market Risk Analyst - FRTB - Investment Banking

Job Title: FRTB - Analyst - Market Risk

Location: Powai, Mumbai

Experience: 0- 2 years

We are looking for a driven Market Risk professional to join a global risk management team supporting the Fundamental Review of the Trading Book (FRTB) framework.

Key Responsibilities:

- Perform daily and monthly analysis under the FRTB Internal Models Approach (IMA) framework.

- Conduct P&L Attribution (PLA) testing and validation across trading desks.

- Analyze and reconcile Theoretical vs Hypothetical P&L, risk sensitivities, and backtesting metrics.

- Collaborate with global Market Risk and Quant teams to enhance model governance and data accuracy.

- Provide insights into risk model performance, exceptions, and regulatory deliverables.

Mandatory Skills:

- Strong understanding of Market Risk, FRTB, Value at Risk (VaR), Expected Shortfall, and Sensitivities.

- Hands- on experience with Python, Excel (Advanced), and Power BI / Alteryx for - data analytics and visualization.

- Knowledge of traded products - particularly Rates, FX, and Derivatives.

- Solid grasp of Basel III / FRTB regulations and market risk capital calculations.

- Excellent analytical and problem- solving skills with attention to data accuracy.

Experience & Qualifications:

- Experience: 0- 2 years in Market Risk, Risk Analytics, or Quantitative Risk functions within investment banking or financial services.

Education: Bachelor's / Master's in Engineering, Finance, Economics, Mathematics, or Statistics.

Certifications: FRM / CFA preferred.