Market Risk

3 days ago


Mumbai, Maharashtra, India V Konnect Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Role & responsibilities

  • Risk Measurement & Monitoring:

Compute and analyze market risk parameters such as Value at Risk (VaR),  and perform stress testing on the bank's trading book.

  • Risk Reporting:

Prepare and present trading book risk reports to the ALCO (Asset-Liability Committee), RMC (Risk Management Committee), Board of Directors, and the Reserve Bank of India (RBI).

  • Framework Improvement:

Propose and implement improvements to the bank's market risk framework to enhance the existing risk management system.

  • Regulatory Compliance:

Implement updated guidelines from regulatory authorities and address any queries or comments from audits and the RBI.

  • Cross-Functional Collaboration:

Interact with and resolve queries from various departments, including the Financial Market team, Relationship Managers, Middle Office, and Back Office.

  • Financial Product Expertise:

Possess a strong understanding of financial market products, their valuation (e.g., derivatives, bonds), and related valuation software like Murex.

  • MIS Enhancement:

Continuously improve the Management Information System (MIS) framework for risk reporting and analysis.


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