Tata Capital - Senior Manager/AVP - Market Risk

Senior Manager/AVP - Market Risk and Risks in Subsidiaries

Business Vertical : SS

Department : Risk

Designation : Senior Manager/AVP - Risk

Line of Business : Risk

Proposed Immediate Superior : Head Risk

Grade : M4/M5

Key Objective of the Job :

- To manage market risk and risks in subsidiaries of Tata Capital Ltd. Conduct all the necessary activities to identify, assess and control these risks.

Major Deliverables :

- Establish and monitor market risk limits like VAR, PVo1 for market risk positions. Establish and run systems to measure and monitor the market risk parameters

- Manage the ALM risk in the organization though ALM limits like Modified Duration, PV 01 etc.

- Establish, manage and run ALM and FTP system and provide and validate basis for FTP across businesses, including Base Rate, PLR etc.

- Manage risk in subsidiaries in Tata Securities Ltd., market and ALM risk in Tata Capital Housing Finance Ltd., risks in TT Forex Ltd., TT Travels, ENxt Ltd., overseas subsidiaries, etc.

- To put in place policies and review polices for managing above risks, implement the measures proposed, track the adherence and take corrective actions

- Should be a team player with strong written and oral communication skills to be able to interact with senior leadership team and peers in an effective manner

Educational Qualification :

- Preferably having a professional qualification like CA/ICWA/CFA or MBA( Finance)

Desired Experience :

- About 7-8 years experience

Other desired attributes :

- Ability to influence & convince business and operations manager on Risk & Control requirements.

- Strike right balance between demands from business group and risk deliverables

Location : Mumbai - Lower Parel

Number of Positions : 1