Vice President - Market Risk Reporting/VaR/Time Series Analysis/Stress/Back Testing - BFSI

The overall purpose of the role : 

As VP (Site Lead) for the Pune team, the key expectation is to take responsibility for all processes, commitments and people assigned which includes some of the following:

- Leading the daily operational process for all assigned risk and capital activities,

- Primary contact for all internal and external clients of the team including front-line desk risk management and the co-located RFT Technology and CDO teams

- Ensure that all deliverables (business and regulatory) adhere to associated timelines and to a level of expected accuracy and completeness

- Responsibilities span the global team and the appropriate individual must be willing to engage colleagues in all locations

Key Accountabilities : 

- Responsible for Leading and providing local oversight of the Market Risk team (Business Line / Functional Team) in Pune

- Leading the team through the industry and regulatory changes which will require delivering coaching, training and quite some motivating

- Responsible for operational management of daily and non-daily deliverables

- Understanding the portfolio and the top level numbers by looking for unusual connections. Providing support where necessary to risk managers and the business on ad hoc analysis and projects such as implementing new methodologies, capturing missing risks, and improving risk and capital reports

- Develop close and transparent working relationship with portfolio risk management team to enhance the overall reporting capabilities for Market Risk globally

- Incorporate all new requirements into the responsibility set for the location (ie: SRP BUK and ERRP reporting).

- People Management for a team size of approx c15 resources by end of 2018 (to grow to c40 by 2019)

- Lead & SME for Time Series Market Data & Business Line/ Non Business Line Team and responsible to ensure timely MR reporting

- Monitor, escalate any production gaps (people, system, data and operational issues) to the management team or IT.

- To provide business requirements for any new development or fixes to the Market Risk Projects team or IT and to sign off test results.

Stakeholder Management and Leadership :

- Liaise with the onshore teams, Risk Managers, Product Control as well as with the relevant Change/IT teams for various key initiatives (Tactical and Strategic Change, BAU escalations and Control tasks)

- Point of contact and SME for VaR, non-VaR, capital and market data related activities (including regulatory)

- Ability to deal with senior stake holders across different time zones (ie: Pune supports Risk Managers in Asia and across EMEA and the US)

- Assist with the global Coordination for the following: BCBS239 Fully Complaint, EUDA consolidation, MR Replatforming, RROC monthly forum, FRTB, 

- Lead JIRA implementation for MR for Issue tracking

Decision-making and Problem Solving : 

- Analysis and problem-solving skills in delivering solutions that are required by Clients

- Ability to steer the solution building process based on a strong understanding of the market risk infrastructure and the VaR production processes

- Risk and Control Objective 

- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Policies and Policy Standards.