Trade Risk Analyst - Market Risk Reporting - Bank

A multinational Bank is looking for Trade Risk Analyst (Market risk Reporting)

Location : Bangalore

CTC : upto 12 lpa

Experience : 2 to 4 yrs

About the Role:

- The purpose of the role is to provide oversight as a Analyst for the MRDS with details defined below.

PRINCIPAL ACCOUNTABILITIES:

- Ensures the integrity of Common Data from Primary Trading Systems, Traded Risk Systems and Vault consumed by multiple downstream consumers

- Responsible for monitoring and executing controls and L1 Exceptions as detailed below:

- Data quality checks and controls on consumers' original sources/ inputs - PTS, Traded Risk Systems, Vault Data

- Reference Data Quality Controls - GRDS, HMS, Client, Common Mapping

- Reconciliations between Data Sources or/with Consumer Inputs

- Static Maintenance in Consumers system not using Golden Source (Counterparty Information in LEM,.)

- L1 Exception Management:

- MR Data Quality Control : Feed Completeness/Accuracy/Exceptions Monitoring/GRDS Checks/PI Monitoring

- MR Reconciliations

- MR Adjustments

- Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution.

- Responsible for monitoring and executing controls as detailed below:

- Static Maintenance in systems specific to Consumers (Market Risk Limits, .)

- Controls when oversight is owned outside DaRR (ex. EOD Limit Monitoring)

- L2 Exception Management:

- MR KPI/KRI for Traded Risk Business Control Committee (BCC)

- MR Reporting (Limit Monitoring, Excess)

- Ensures complete, accurate, quality and timely reports sent to stakeholders, with proper adherence to Service Level Agreements (SLAs)

- Liaises with Regional MRAs and MRMs for any functional requirements

- Where applicable, coordinates with MRAs and MRMs for any regulatory requirements

OPERATIONAL EFFECTIVENESS & CONTROL: ALL

- Participate in User Acceptance Tests (UATs), as required, on any system enhancements or roll-outs

- Ensure that processes adhere to appropriate quality standards, with reference to internal and external compliance rules, and are comprehensively documented.

- Maintain HSBC internal control standards and address audit points and/or any issues raised by regulators in a timely manner. Foster a compliance culture within the team, managing compliance risk and ensuring that the necessary training is completed. Optimizes relations with regulators.

- Engage with internal and external auditors to satisfy questions and requests as part of formal and informal reviews.

LEADERSHIP & TEAMWORK : GCB 7 ANALYST

- Promote greater understanding of MMO'S role in the GBM umbrella among staff.

- Work with staff to constantly upgrade knowledge and skill set and help them functionally

- Drive the implementation of processes and policies to deliver service excellence by clearly communicating the rationale across sites and ensuring that the entire team functions as one coordinated unit.

- Helps provide regular updates between the two sites on any functional changes in the process.

- Partners with the Global Lead in ensuring that on-going training is built into regular BAU and that the teams are fully cross-trained on MRDC Pod-specific responsibilities.

STAKEHOLDERS : ALL

- Collaborate and partner with relevant stakeholders to ensure end to end process is connected and streamlined.

- Proactively drive growth in the GSC team's responsibilities

- Establish and maintain communication link with relevant stakeholders with respect to all process and people-related activities and issues

- Address any adhoc queries on a timely manner

STAKEHOLDERS : GCB 7 ANALYST

- In addition to the above, ensures that production-related items are addressed through collaboration with SMEs, and where necessary, further assists on any requirements.

- Ensures that any stakeholder requirements are prioritised and/or addressed accordingly, and where necessary, pro-actively escalate any issues with the Global Lead and Functional Lead.