Vice President - Market Risk & Portfolio Risk - Bank

Job Title Vice President - Market Risk & Portfolio Risk

Department Risk

Position Purpose

VP Market Risk effectively implements & manages Market risk for the bank as per policy and framework. Also responsible for Portfolio Analytics, risk systems and processes.

Responsibilities

Key Responsibilities

Responsible for overall management of the Market Risk function, Design & Implementation of Market Risk monitoring system including VAR and data warehouse for Market Risk exposures including back testing of parameters and models.

Responsible for all Enterprise Risk Reporting & Analytics for Credit Portfolios to Board, Senior Management and Regulators.

Analysis and Oversight of Bank's Credit Portfolio, Sectorial Concentrations, Segment-wise Details, etc.

Ensure Risk processes and systems are commensurate and aligned with Business needs. Conceptualize data and process projects to improve overall efficiency and productivity of the unit, which enable the Bank to scale up and achieve its strategic growth objectives. Drive these projects to closure.

Establish Reputation Risk process and identify, assess, and communicate Reputation Risk issues to relevant stake-holders

Oversight of Treasury - Mid-Office/ Back-office from Limits monitoring/ Valuation perspective

Overall Management of Internal Rating system

Ensure that Treasury and Credit Risk Policies are reviewed at regular intervals and factor in changes to business needs as well as regulatory expectations.

Preparation of ICAAP Document covering all Risks on Annual Basis as well as responsible for quarterly reviews

Member of Core Team for RBS Data verification for RBS and coordinate with RBI SSM in related areas.

As VP of Market Risk & Portfolio, be involved in various Committees like Treasury Investment Committee, and other Risk Committees.

Educational Qualifications & Experience Requirement:

Qualifications:

Essential Degree and preferably post graduate in Finance, Banking or Business Administration or a Qualified Accountant

Experience:

Essential More than ten years in BFSI having worked with in global markets, and Risk positions.

Skills:

Technical & Functional:

- Well-developed FM product knowledge

- Ability to provide value added analysis in support of the strategic development of FM business

- Strong team working and networking capability - success of role is reliant on ability to work with many different teams effectively

- Familiar with Credit appraisal methodologies, Credit products and regulatory guidelines

- Ability to work with large volume of unstructured data and provide quick analysis

- Financial Control and ability to manage regulatory change

- Developing and enhancing Business Finance support to our Business Partners

- Portray the Bank's image appropriately with Business Partners and Consultants.

- Knowledge and experience with credit risk models, ECL modelling under IFRS will be preferred

Behavioural:

- Ability to engage with internal and external stakeholders, gain their confidence and persuade them to cooperate with initiatives where required.

- Outstanding communication skills and capacity to manage expectations.

- Excellent leadership skills, capacity to lead by example and develop strong personnel performance goals.

- Ability to drive process improvement to continually improve service and reduce costs.

- Excellent written and oral communication skills.

- Ability to drive process improvement to continually improve services.

Ability to cut across cross functional areas to achieve results