Market Risk Role - BFSI

Please find the below JD :

The purpose of the role is to guarantee the integrity of risk calculations in different risk systems with the objective of assuring the completeness and correctness of the reported risk numbers.

Any issues in the risk calculations need to be identified promptly along with actions that are required to rectify the data or calculation issues. The tasks are highly time-critical with the objective of producing a set of risk calculations in time for London start of trading.

The successful candidates will work closely with the Market risk team in London, to carry out the following activities:

- Analyse and reconcile daily market risk and Value-at-Risk (VaR) calculations for multiple asset classes and dealing systems

- Generate reconciliation reports for deal or position level valuation and risk against finance or front office calculations

- Ensure the quality of data inputs and risk calculations is sound

- Identify issues with the data and risk calculations in a timely manner, and work towards resolution of these issues

- Estimate the impact of these issues on the risk numbers, suggest remedial measures to ensure risk reporting is accurate

- Work with the Market Risk Reporting team to communicate issues as well as remedial adjustments or other measures

- Participate in testing of system enhancements or changes to ensure impact on risk calculations is as desired

- Participate in the collection and preparation of market data required for various risk calculations

- Generate MIS reports to assist with more pro-active management of risk by traders and market risk managers.

Pratibha Ghugtyal