Vice President - Couterparty Risk - Fixed Income Division

Department Profile:

The Fixed Income Division comprises Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading

From the largest global institutions to innovative new hedge funds, investors come to us for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

Primary Responsibilities:

- Performing Initial Margin (IM) Calculations for Fixed Income products, Commodities and Repos.

- Being the point of contact to explain IM Calculation to internal stakeholders (Sales & Trading).

- Participating in Live Trade Approval Processes & Forums.

- Providing oversight of the daily Margin Call Dispute Investigations and Management escalation.

- Actively tracking the daily stress loss calculations and investigating material changes

- Creating, analysing, and reviewing daily and periodical risk reports, risk packs and decks.

- Assisting in methodology and research related to risk models (e.g. Stress Testing, VaR, SIMM, etc.)

- Performing adhoc risk analysis in response to market events or client related developments.

- Drive projects related to new initiatives, reports, enhancements, automation, efficiencies, etc.

- Developing necessary tooling to facilitate the assessment of Counterparty Risk within the division.

- Establishing cordial relationships and working closely with global/ regional stakeholders.

- Mentoring and providing guidance to Risk analysts on BAU, projects and problem solving.

Skills Required:

- Engineering Graduates / MBA (Finance) from reputed institutes and holding an FRM / CFA.

- Existing VP level with 12+ years of experience in Market/ Credit / Counterparty Risk Management.

- Should have proven leadership experience with effective team management and grooming abilities.

- Good knowledge of Fixed Income Products (Rates, Bonds, FX, Credit).

- Excellent interpersonal & communication skills(written and verbal), with high attention to detail.

- Technically oriented and has knowledge of programming/querying languages like Python, SQL.

- Team player and Ability to work well with global stakeholders.

- Strong work ethic, willing and eager to learn and work with different teams/divisions of the Firm.

- Strong motivation, be a self-starter with a positive outlook and desire to solve problems.

- Strong analytical skills with an ability to understand complex workflows.

- Ability to identify and escalate issues effectively and appropriately.

- Good Organizational skills and a high degree of attention to detail.

- Strong project management skills. Ability to take ideas forward with maturity and integrity.

- Mature and professional; comfortable working in an open-floor working environment.

- Willing and eager to learn and work with different teams and divisions of the Firm.

- Enthusiasm to volunteer/lead in planning & organizing events held by the department and the Firm.