Head of Risk Management

Role Overview: As a Market Risk Manager, you will play a crucial role in developing, implementing, and overseeing the Market Risk framework within the organization. Your responsibilities will include leading the Market Risk function, effectively identifying, assessing, monitoring, and mitigating market risks associated with various financial instruments. Collaboration with other risk functions, operations, technology, and clearing members will be essential for success. Your deep understanding of market dynamics, financial instruments, risk modeling techniques, and regulatory requirements will be critical for excelling in this position. Key Responsibilities: - Develop and implement the Market Risk Framework - Identify and assess market risks - Monitor and measure market risks - Mitigate and control market risks - Ensure regulatory compliance and reporting - Manage stakeholders effectively - Develop and validate risk models - Lead and manage a team of market risk professionals - Ensure proper reporting and governance Qualifications Required: - Masters degree in finance, Economics, Quantitative Finance, Statistics, or a related field - Professional certification such as FRM or PRM with a focus on market risk preferred - Minimum of 10-15 years of progressive experience in market risk management within the financial services industry - In-depth experience with various asset classes and their associated market risks - Proven experience in developing and implementing market risk models, margining methodologies, and stress testing frameworks - Strong understanding of Indian financial market regulations and SEBI/IFSCA guidelines - Leadership experience with a track record of team management - Expert knowledge of financial markets, instruments, and market risk management principles - Advanced analytical and quantitative skills, including statistical and econometric modeling - Proficiency in market risk measurement techniques, margining methodologies, and collateral management practices - Strong programming skills (e.g., Python, R) and experience with risk management software and data analysis tools (Note: Additional Company Details were not provided in the Job Description),