Market Risk Specialist

3 weeks ago


Mumbai, Maharashtra, India SkillVentory Full time
Job Summary

We are seeking an experienced Market Risk Specialist to join our Risk Management Group. As a Market Risk Specialist, you will play a critical role in managing the bank's risk exposure by balancing its objective to maximize returns against an acceptable risk profile.

About the Role

As a Market Risk Specialist, you will be responsible for computation of Market Risk measures, monitoring, and reporting in line with the bank's risk appetite and regulatory framework. You will coordinate with different stakeholders in the bank and at headquarters to ensure market risk governance and reporting. You will also interact with senior management and committees in areas relating to market risk, coordinate with auditors to ensure compliance, and monitor and report the risk metrics in market risk and regulatory reporting. Additionally, you will ensure compliance with internal and regulatory guidelines, use analytical methods for measuring and validating market risk metrics, perform stress testing and analyzing the impact, system testing and validation of new products and risk functionalities, and highlight areas of concern to senior management. You will also assist in the annual review of market risk limits and policies, handle audit queries and requirements or issues raised by various departments, and resolve them in a timely manner. Furthermore, you will liaise with headquarters in matters related to market risk and automate market risk-related processes and sub-processes based on feasibility. Finally, you will handle business continuity processes and disaster recovery activities associated with the unit.

Requirements

To be successful in this role, you will need at least 35 years of experience in Market Risk, a university graduation, and a CA/MBA/PGDBA or equivalent preferred. You will also need a CFA, FRM equivalent preferred, and good analytical skills in MS Office suite, especially MS Excel. You will need the ability to work and interact with the team, peers, and seniors, knowledge about banking and regulations, and knowledge of data handling and coding will be an asset. Additionally, knowledge of Treasury products and systems, their valuation, regulations, and the risk associated with them will be a plus, as well as knowledge of both assets and liability products offered by the bank.

About SkillVentory

SkillVentory is a leading financial institution that prides itself on its commitment to risk management and excellence in financial services. We are dedicated to providing our customers with the best possible financial solutions and services, and we are looking for talented individuals to join our team and contribute to our success.

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