Job Description

RFDAR is globally led by Melanie Neill and reports to the Chief Risk Officer (CRO); the function is located across all major locations. The RFDAR Market Risk – Risk Reporting is part of RFDAR and is globally led by Gulsh Mandair. Market Risk- Risk Reporting comprises approximately 60 staff globally with presence in Mumbai, Wroclaw, Singapore, London and New York. The team has overall responsibility for Stakeholder management & ownership of Market Risk Reports for risk and finance data for measurement, analysis and subsequent reporting to senior management, regulators and traders as well as Market Risk Managers.
The Market Risk – Risk Reporting Team in Mumbai is seeking to recruit a Market Risk Analyst to join the growing team. The incumbent would be needed to build and maintain healthy relationship with various Stakeholders to enable faster and accurate cluster risk approval on daily basis by taking ownership of all risks data, providing sufficient explanation and doing deep dives with Risk Managers to provide complete and accurate Risk picture to the business. This will also involve building and talking to senior management, regulators and traders as well as other downstream users.
Role covers:
* Production and validation of daily Risk Reports for cluster risk sign off in timely and accurate manner.
* Liaising with stakeholders and Market Risk Managers to provide complete risk picture for the day.
* Building explain-capability by providing deep dives to risk movements and portfolio exposure on day to day basis.
* Ensuring accuracy of risk positions and sensitivities through position and portfolio move analysis, impact of market moves on portfolio, impact of product behavior on sensitivities among other approaches
* Working closely with other RFDAR teams to ensure timely and accurately risk reporting.
* Implement and own various Risk Reports produced by RFDAR- Risk Reporting.
* Implement and own the Control Framework for all risk and finance data
* Understanding front-to-back data flows and system architecture
* To participate in the roll out of enhancements in risk systems, processes and data feeds as well as contributing to various tactical and strategic projects and initiatives, from Risk Reporting perspective
* Strong analytical and problem solving skills
* Working knowledge/understanding of Risk Reporting domain in IB setup.
* In-depth knowledge of financial products, financial markets and at least one asset class (Equity/Fixed Income/Commodity)
* Solid understanding of financial greeks and their relation in the calculation of various risk measures for specific products.
* Good understanding of market risk methodologies: VAR and other risk measures.
* Proficiency in MS Excel, VBA coding knowledge is highly desirable
* Reporting automation experience /skill set will be added advantage.
* Strong communication and inter-personal skills
* Having an eye for detail, control-focused mindset
Qualifications:
* Post-Graduate in Finance/Statistics/Economics//Mathematics.
* MBA Engineering PRM/FRM would be preferred.
* Completed or currently taking the PRM or FRM qualifications would be highly desirable
Job: Risk Management*
Title: *Market Risk Reporting & Analytics- Senior Analyst # 118665*
Location: *India-Mumbai-Mumbai*
Requisition ID: *118665*