Financial Risk Management Specialist

7 days ago


Mumbai, Maharashtra, India Investec Full time

Company Overview:


Investec is a leading specialist bank that serves clients primarily in the UK and South Africa.


Job Description:


We are seeking a skilled Financial Risk Management Specialist to join our team. As part of the second line of defence, you will be responsible for overseeing, controlling, governing, and reporting on market risk taking activities and counterparty credit risk taking activities within the trading book.


Your Key Responsibilities:



  • Act as the Second Line of Defence and proactively identify, quantify, and monitor all market and/or counterparty credit risks for assigned Trading Desks.
  • Monitor all limits daily and ensure limit breaches, exceptions, or technical issues are proactively dealt with/escalated.
  • Design, develop, and generate accurate risk reports using risk systems (Chi, EME), Python, and PowerBI, distributed to the Business in a timely manner.
  • Develop Python-based tools to provide accurate and meaningful risk insights and improve team efficiency.
  • Understand the trading environment, including trading and hedging strategies, products, and market dynamics.
  • Recommend and motivate limits for assigned Desks and advise traders of limit/credit line availability.

Required Skills and Qualifications:


To be successful in this role, you should have a strong ability to code in Python, knowledge of applied mathematics and numerical techniques employed in financial models, and a Bachelor's degree in a numerical discipline.


Benefits:


We offer a range of benefits, including a non-contributory pension, discretionary bonus, life assurance, critical illness protection, and income protection.


Salary: £60,000 - £80,000 per annum, depending on experience.



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