Vice President/Director - Market Risk Reporting

VP/ Director - Market Risk Reporting

JD -

- Lead product owner role in delivering the reporting change agenda for the Market Risk function of Chief Risk Officer (CRO) including:

- Reporting to global head of Market Risk Reporting Change team

- Delivery of strategic reporting platform for Market Risk from business standpoint which complies with BCBS239 principles

- In addition to the development and roll out of strategic reporting platform, this role will be responsible for maintenance of the legacy application and remediation of existing reports in light of upcoming hierarchy changes and VaR/IRC model enhancements.

- Provide oversight to product owners serving for various other programs such as ERC, APAC, IHC, Volcker, Intraday etc. Ensure that reporting requirements from various change programs are factored in while delivering the strategic platform

- Build and maintain an integrated reporting roadmap which factors in all of the above (i.e. BCBS239, program requirements and legacy reports retirement)

- Producing timely status updates, facilitation of steering committee, senior stakeholder management for the integrated reporting book of work

- Work with IT to create a comprehensive and transparent view as to the workstreams/deliverables, issues and risks.

- Continuous and timely updates and where appropriate escalation if issues

- Continuous review and enhancements to the delivery model to achieve cost efficiency

- Responsible to forecast, monitor and manage integrated market risk reporting budget for assigned programs

- Functional and line management of the people working in the assigned programs.

- Dotted line reporting to the product owners working in other programs.

- Act as the Lead Subject-Matter-Expert for regulatory and strategic market risk reporting agenda.

- Active participation in hiring, onboarding and learning & development agenda. As a senior member of the CRO change India team, this role may also have an additional responsibility of to drive and contribute to Business Development Center (BDC) strategy in Mumbai.

Ideal candidate needs to have -

- Strong project management experience, in the front office, risk management or associated functions

- Successful deliveries of reporting agenda from IT infrastructure development perspective

- Sound foundation of risk management concepts is essential. And in-depth exposure to risk management is highly preferred.

- Overall understanding of regulations such as BASEL framework, BCBS239 etc

- Exposure to end-to-end business process from data management, calculations and reporting

- Strong understanding of IT infrastructure and architecture. Extensive system implementation experience

- Extensive people management, stakeholder management, communication, presentation and leadership skills. Successful track record of strategic vision and implementation

- Global team and delivery management experience.

Education / Experience:

- University Graduate with a good honors degree. MBA or equivalent post-graduation will be an added advantage

- Minimum 12 years relevant work experience in Financial Institutions

- Has previously worked in the financial industry and lead/managed sizable cross-border system implementations

- Has built and managed teams of size between 5 - 20 resources.