Vice President - Market Risk Reporting - RFDP Market Risk Team

Main Duties/Responsibilities Of The Role:

The RFDP Market Risk Team in Mumbai is seeking to recruit a VP to join the growing team. The successful candidate will be responsible for the end-to-end process of collating market risk data for measurement, analysis and subsequent reporting to senior management, regulators and traders as well as other downstream users.

The role involves:

- Managing the Sourcing of market risk data including positions and sensitivities to ensure completeness for the Investment Bank across various businesses and trading strategies

- Ensuring timeliness of the data available for calculation and reporting by following up with IT stakeholders to understand root causes for delays.

- Ensuring accuracy of risk positions and sensitivities through position and portfolio move analysis, impact of market moves on portfolio, impact of product behaviour on sensitivities among other approaches

- Validating Market Risk Measures calculated like VaR explaining all moves with respect to moves in the portfolio, market moves etc

- Implement and Owning the Control Framework for all risk and finance data.

- Managing process stakeholders

- Managing the roll out of enhancements in risk systems, processes and data feeds.

- Representing the RFDP Market Risk Team on all tactical, strategic and regulatory projects and initiatives conducted within the firm.

You offer :

Education And Professional Qualifications:

- Graduate or Post Graduate in Finance/Statistics/Economics/Science / Mathematics.

- Completed or currently taking the CFA or FRM qualifications would be desirable.

Work Experience/Background:

- 10 - 15 years of experience in a financial services institution in a similar role

Technical/Business Skills & Knowledge:

- Strong analytical skills

- Knowledge of various financial and derivative products, financial markets

- Good understanding of market risk methodologies: VAR and other risk measures.

- Good understanding of financial greeks and their relation to financial products and derivatives used in the calculation of various risk measures

- People Management and Leadership Skills

- Stakeholder Management and Project Delivery / execution Skills