Market Risk Specialist

3 weeks ago


Bengaluru, Karnataka, India State Street Full time

Job Title: Financial Risk Analyst

  1. Manage systematic model testing for Value at Risk (VaR), Volatility (Vol), Total Exposures (TE), stress testing and support Back testing.
  2. Provide end-to-end servicing of clients, ensuring their needs are met and issues are resolved in a timely manner.
  3. Reconcile risk results against accounting reports and independent data, investigating discrepancies where necessary.
  4. Supply timely and accurate market data for internal Market risk systems.
  5. Analyze time series data for information content that may be beneficial to Risk Managers, such as market liquidity and hedge efficiency.
  6. Support the Client relationship team in ensuring streamlined Investor communications.
  7. Understand various processes to generate risk numbers retrieved by different risk feeds, involving evaluation and analysis of Market risk exposures using statistical and other approaches.
  8. Assist in specifying new functionality to further streamline operational processes.
  9. Provide support, resolve client issues, and demonstrate a firm understanding of the product to users (risk managers, traders, etc.).
  10. Assist team development and implement projects for new risk clients.
  11. Work co-operatively with other risk groups in different locations and time zones.
  12. Be responsible for accurate and timely processing, operations, and controls.
  13. Responsible for migrating/training team members from other State Street locations.
  14. Build engagement with service providers and drive KPIs.
  15. Provide support, resolve client issues, and demonstrate a firm understanding of the product to users (managers, traders, etc.).
  16. A key focus on service delivery excellence and ability to work under pressure.

Requirements:

  1. 6+ years of Financial services experience in Market Risk or Hedge Fund accounting/investment operations of an Investment Bank.
  2. Good understanding of all financial instruments, including complex OTC products.
  3. Understands Hedge Fund Strategies and hedge fund investing or hedge fund accounting methodologies.
  4. Ability to lead the team and train team members.
  5. Ability to work in a team under tight deadlines.
  6. Good communication and interpersonal skills.
  7. Strong understanding of financial markets and risk management techniques.
  8. Highly motivated, multi-task capable, and willingness to learn and develop within the role.
  9. Working knowledge of SQL query and Advanced Excel.
  10. Bloomberg and/or Reuters knowledge.
  11. FRM, CA, or CFA qualification is an advantage, however not mandatory.


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