Wipro BPO - Manager - Market Risk - Investment Bank

This job opportunity is with a client of Wipro BPO which is an Investment Bank

Job Location : Mumbai

The Manager will be responsible to take responsibility for processes that includes managing the daily operational process, qualitative and timely production of Risk numbers (the DVaR, SVaR, IRC and APR production and reporting activities) cross asset class or for specific asset classes. The products include OTC Derivatives with Equity, Debt, Interest rate, FX and Commodity underlyings.

This daily operational process includes validation & investigation of movements, ensuring that concerns are communicated and that resolutions are planned, coordinated and actioned.

- Qualitative and timely production of Risk numbers (the DVaR, SVaR, IRC and APR production and reporting activities) cross asset class or for specific asset classes

- Overall responsibility for the quality of market data its impact on exposures, ensuring that problems are overcome by means of effective dialogue with internal and external team members.

- Manage the resources within the team (up to 10)

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

- One of the key global points of contact for all Times Series, controls and tools run by the RIS Market Data team.

- To monitor the risk calculation break downs due to insufficient or poor quality market data - monitoring trades that fail to risk using the ideal process.

- During times of stress, assist colleagues from the differing asset class groups with tasks that may differ from their immediate role.

- To work effectively within the team, contributing to the ad hoc demands without loss of service for business as usual processes.

- Producing timely and adequate management information statistics outlining effort, successes, road blocks and failures.

- Ensure that all activities are in adherence to existing policies and risk governance practices.

- Ownership of the quality of the control checks on the market data/ Market Risk Processes

- Ownership of implementation of all proposed Risk Controls like the RCSA in a timely manner in the entire market data space