Head of Market Risk

Job Description :

To lead the Market Risk function within the Risk Management team, ensuring robust identification, measurement, monitoring, and management of market risk exposures across the bank. The role involves developing and

implementing frameworks, policies, and systems to safeguard the bank's capital and earnings from adverse market movements, while ensuring compliance with regulatory requirements and alignment with the bank's risk

appetite.

1. Strategy & Leadership

o Define the overall market risk management strategy in alignment with the bank's risk appetite framework.

o Provide thought leadership on market risk trends, emerging risks, and regulatory developments.

o Lead and mentor the Market Risk team to build strong risk management capabilities.

2. Risk Framework &Governance

o Establish, maintain, and periodically review the Market Risk Management Framework, policies, and procedures.

o Ensure effective governance through risk committees, reporting, and escalation mechanisms.

o Develop stress testing and scenario analysis methodologies to assess the impact of extreme but plausible market events.

3. Risk Measurement & Monitoring

o Oversee daily monitoring of market risk exposures (trading book, banking book, liquidity, interest rate risk, foreign exchange, derivatives).

o Ensure implementation and validation of market risk models including VaR, sensitivities, stress testing, and back-testing.

o Monitor limit utilization and breaches, ensuring timely escalation and corrective actions.

4. Regulatory & Compliance

o Ensure full compliance with regulatory guidelines (e.g., Basel III/IV, RBI, local regulators).

o Drive Internal Capital Adequacy Assessment Process (ICAAP) for market risk.

o Support regulatory reporting, inspections, and audits.

5. Stakeholder Management

o Partner with Treasury, Trading, ALM, Finance, and other business units to provide market risk insights and independent challenge.

o Engage with regulators, auditors, and rating agencies as the senior representative for Market Risk.

o Support the CRO and senior management in decision-making with timely, accurate risk analysis.

6. Systems & Data

o Oversee market risk systems, tools, and data infrastructure to ensure accurate risk measurement and reporting.

o Drive digitalization and automation initiatives in risk analytics and reporting.

• Your Contact Number & Email Address :Ayushi Jain / 8871021222/[HIDDEN TEXT]