Responsible for governance, risk control, reporting of Market risk of the bank.
- Market Risk governance, policy formulation/refinements and risk control in line with the Bank's risk appetite and regulatory framework
- Ensure adherence to various market risk metrics
- Coordinate with different stakeholders in the Bank and at HO to ensure market risk governance and control
- Coordinate with auditors and ensure compliance.
- Interact with senior management and committees in areas relating to market risk
Job Duties & responsibilities (List the principal duties. Use concise statements that provide a clear understanding of the level of responsibility, complexity, creativity and analysis performed in this position.)
- Ensure the policies are in line with regulatory framework and as per the risk appetite of the Bank.
- Monitoring and reporting the risk metrics for market risk for risk control and regulatory purposes
- Annual review of market risk limits and policies.
- Performing stress testing and analyzing the impact.
- Use analytical methods for measuring market risk
- Highlight to senior management areas of concern in the areas of market risk.
- Ensure compliance with internal and regulatory guidelines.
- Handling external /regulatory audit queries/requirements or issues raised by various departments and resolving it on timely basis.
- System testing and validation of new products and risk functionalities.
- Liaising with HO in matters related to market risk
- Automation of market risk related processes/sub processes based on feasibility
- Handle Business Continuity Processes and Disaster Recovery activities associated to the unit.
Required Experience
- relevant experience in Market Risk
Education / Preferred Qualifications
- University graduation
- MBA / PGDBA or equivalent
- CFA, FRM equivalent preferred
Core Competencies
- Ability to work and interact with the team, peers and seniors.
- Good analytical and quantitative skills.
- Knowledge about Banking and regulations.
- Knowledge of data handling, analysis using MS office ( especially MS Excel) and coding will be an asset.
Technical Competencies
- Knowledge of Treasury products & systems, their valuation, regulations and the risk associated with them will be a plus.
- Knowledge of assets and liability products offered by the Bank will be a plus.
Work Relationship
- Managing the team and work with them to ensure delivery and execution
- Ability to work with peers across teams and also with senior management of the Bank.
Location:
Mumbai
Job:
Risk Management
Schedule:
Regular
Employee Status:
Full time
