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29/08 Pushkaraj
Quant Finance Recruiter at Sai Consultancy

Views:1914 Applications:223 Rec. Actions:Recruiter Actions:41

VP/Director - IRRBB Quant - Consulting Domain (10-16 yrs)

Bangalore/Gurgaon/Gurugram Job Code: 1147240

We are hiring Director/VP for Consulting Domain.

- We look for Someone who has worked on Interest rate risk in the banking book IRRBB Models.

- IRRBB refers to the current or prospective risk to the bank's capital and earnings arising from adverse movements in interest rates that affect the bank's banking book positions. ... This in turn changes the underlying value of a bank's assets, liabilities and off-balance sheet items and hence its economic value

- Interest rate risk is a bank's exposure to adverse movements in interest rates. Interest rate risk in the banking book (IRRBB) more specifically refers to the current or prospective risk to the bank's capital and earnings arising from adverse movements in interest rates that affect the institution's banking book positions.


- When interest rates change, the present value and timing of future cash flows change. This in turn changes the underlying value of a bank's assets, liabilities and off-balance sheet instruments and hence its economic value (EV). Changes in interest rates also affect a bank's earnings by altering interestsensitive income and expenses, affecting its net interest income (NII).


- This risk is inherent to the banking business and its successful management can have an important impact on profitability and shareholder value. Indeed, excessive interest rate risk can pose a significant threat to a bank's current capital base and/or future earnings if not managed appropriately

Women-friendly workplace:

Maternity and Paternity Benefits

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