IN-Associate _ Market Risk _Adviosry Corporate_Advisory_Mumbai

Job Description & Summary: PwC India is seeking skilled resources with good understanding of different aspects of Business Analysis. The individual should have good knowledge around Market Risk/Basel 2.5 norms/FRTB. Should be well versed with Change management process including drafting business requirement documents, functional specifications documents, preparing user stories and test cases. Ability to write multi-application test strategies, test plans, and detailed test cases with expected outcome. Experience in understanding and interpreting the computation of risk measures (VaR, IRC, ES etc.), management of risk limits, risk reporting etc. Knowledge on Basel norms and FRTB. Strong analytical skills, communication/ interpersonal, documentation, stakeholder management, and teamwork skills required.

Responsibilities:

The role demands a good level of understanding of Market Risk/Basel 2.5 norms/FRTB along with strong hands-on experience in Change management and Business Analyst projects. Responsibilities: Perform a BA role for Market risk projects in Change Management and work with various stakeholders in understanding the requirements pertaining to VaR calculations/Basel 2.5, Backtesting, Greeks, Sensitivity Analysis. Articulate the requirements into simpler, understandable statements through tools in the form of a Business Requirement Document (BRD), Functional Specification Document (FSD) etc. Work with development team to model the requirements, and propose, calibrate, and implement appropriate assumptions. Engage in constant and continuous communication with all the stakeholders to ensure smooth completion of tasks and report any deviations from proposed timelines.

Prepare and consolidate test cases across the capital calculations, including any adjustments, reconciliation, exception management, reporting, etc. Review test cases ensuring completeness of UAT coverage & Change Management. Collaborate seamlessly across various business units, integrating change management principles to ensure holistic alignment with organizational goals. Prepare project reports and trackers highlighting risks, analyzing trends an recommendations /adjustments that address or capitalize on changes required.

Mandatory skill sets:

Market Risk

Preferred skill sets:

Basel 2.5 norms/FRTB.

Years of experience required:

3 to 5 Years

Education qualification:

Graduation or Post Graduation