Financial Risk Management Specialist
24 hours ago
We are seeking an experienced Market Risk Manager to join our team at AU SMALL FINANCE BANK in Mumbai.
Key Responsibilities:
- Risk Assessment and Compliance: Assess market risk management systems problems and ensure compliance with relevant policies and regulations.
- Reporting and Analysis: Comply with SLAs for delivering risk reports, compute Forex Gaps (AGL & IGL) and Positions reports, NOOPL, Country risk, and report to RBI and Senior Management.
- Treasury Product Valuation: Conduct daily and monthly valuations of Treasury Products (Bonds, FX, derivatives) in line with regulatory guidelines.
- Position Monitoring: Monitor positions/risk utilizations and adhere strictly to the risk management framework of the Bank.
- Country and Counterparty Risk: Monitor country risk limits and counterparty risk limits.
- Performance Reporting: Validate and report Treasury P&L of the Bank.
- Market Intelligence: Gather latest market intelligence and track/benchmark against best practices in competitor banks.
- Audit and Policy Review: Ensure compliance with regulatory requirements pertaining to Market Risk including forex risk, review and maintain Market Risk management Policy and Stress Testing Policy.
- VAR Limit Computing: Compute and monitor VAR limits for all investment products including FX exposure.
- Knowledge Sharing: Capture and share best-practice knowledge amongst the team.
About You:
- You should have 3+ years of banking experience with expertise in forex & derivatives.
- Proficiency in Excel is essential.
- Knowledge and implementation of Treasury/Risk systems would be an advantage.
- Certification in Forex domain will be preferred.
Compensation Package:
The estimated salary for this role is ₹8-12 lakhs per annum, commensurate with experience.
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