Role:

The role is responsible for delivering Counterparty Risk metrics (Trade and Portfolio 1st and 2nd order Analytics) used for day-to-day counterparty risk management, including stress testing, capital, etc. The role will provide support to credit officers in analyzing credit risks on derivative and secured financing transactions and portfolios of transactions, performance management, the weekly team meet with clear minutes and execution of tasks within timelines.

What the Business Does:

The Role is in NatWest Markets Risk India and will report to Enterprise Wide Risk

Your responsibilities:

As Vice President your key responsibilities will be:

- Role holder will act as India team lead for Traded Counterparty Credit Risk Measurement team. Globally part of NWM Enterprise-Wide Risk and will have a matrix reporting to Head of Counterparty Deal Analytics.

- Oversee end to end activities focused on delivering analysis for all aspects of Counterparty Credit Risk.

- Manage and control the daily identification and investigation - take ownership and provide Quality control over the team's output.

- Work with Head of Counterparty Deal Analytics on Prioritization and resource management to drive a highly analytical team.

- Provision of management information requiring the production of various daily/weekly/monthly/quarterly MI.

- Provide technical oversight, the Role holder will have Significant individual functional accountability and deliverables. Delivery of weekly and monthly updates on the overall Market Risk exposures by counterparty concentration

- Develop and maintain a suitably flexible team structure and approach that is able to adapt to changing priorities, including ad hoc requirements and inquiries (both internal and external (e.g. regulatory)) and when business continuity plans are invoked.

- Proactive identification and effective management and/or escalation of conduct risk to deliver key customer outcomes.

Purpose of the Role:

- Responsible for delivering Counterparty Risk metrics (Trade and Portfolio 1st and 2nd order Analytics) used for day-to-day counterparty risk management, including stress testing, capital, etc.

- Provide support to credit officers in analyzing credit risks on derivative and secured financing transactions and portfolios of transactions

- Collaborate with Core System Modelling Team for the delivery of Counterparty Risk Metrics

- Take ownership of the process, follow-up & track to resolve any issue with the downstream teams

- Be responsible for team admin tasks i.e. performance management, your own leave tracking, Process backup management, the weekly team meets with clear minutes and execution of tasks within timelines

- Liaise with Audit, Risk assurance etc. Identification and Escalation to Senior Management of counterparty conditional market risks

- Key accountability for increasing the value proposition of team contribution to an overall division. To attain, it requires recruiting and effective training of a high performing talent force and sustainable retention model for the location.

- Responsible for driving the right risk culture & set the right environment for effective performance management for the team.

The skills you will need:

- Role requires a broader understanding of Traded Risk - including the understanding of Rates, FX, Credit asset classes product profiles and regulatory directives that govern the business activity. Proven Track record in data has driven analysis and statistical/stochastic modeling.

- As the lead for India CCR Analytics team - should be able to effectively provide technical, execution & operation guidance to various sub-functions. This requires an ability to understand the bigger picture & gain technical insight to act as an effective advisor.

- Required to manage an environment that is fast-paced, process-critical, highly technical, global-facing with an overall high demand for quality.

- Masters/PhD in Numerate disciple is required, prior experience in leading a sub-function in Quantitative Area / Market risk/Pricing Models is essential.

Why RBS?

RBS doesn- t just provide you with an exciting work and a generous pay package. We take pride in ensuring your personal and professional developments are first and foremost. You will have access to a range of development and learning programs, services, and support designed to help you manage and balance your work/life priorities.

Whether its retirement planning, supporting a charity close to your heart or taking care of your well-being, RBS makes sure you are taken care of. For more information on our benefits, please visit our website.

At RBS, our purpose is to serve customers well. We serve around 24 million customers across the globe, and our aim is to consistently meet their needs wherever they find us. Our ambition is to become the UK's number-one bank for customer trust, service, and advocacy by 2020. Our global workforce is integral to helping us achieve this goal.

With colleagues across 5 main states, and connected across-the-globe by common values and a unified ambition, RBS India delivers vital bank functions that help us offer truly round-the-clock support to our UK customers, and 24/7 banking to our international customers.

RBS welcomes applications from all sections of the community.

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