Market Risk Analyst

Highlight of the engagement opportunity

§ Nature of role: Full time

§ Number of years of experience expected: - 2 – 3 years

§ Areas of past experience preferred: Market risk, VaR, ICAAP, Basel II / III, Stress testing, model risk management, financial risk management

§ Educational qualification expected: Graduate/ Postgraduate

§ Additional qualifications/ certifications required: None

§ Preferable additional certifications: CA / FRM / CFA / MBA / CQF / Actuarial

§ Preferred geography of previous work experience: India / Europe / APAC / US

§ Language requirements: Ability to write and speak fluently in English

§ Application experience preferable: MS Excel, VBA, Python, Bloomberg, Reuters and / or other industry leading risk systems for ICAAP, ERM and model risk management

Key responsibility areas:

§ Independently lead and manage advisory and system implementation engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates covering areas such as market risk, VaR, ICAAP, Basel II / III, model risk management, stress testing, capital adequacy assessment etc.

§ Demonstrate strong functional understanding of subjects covering areas such as financial risk management, non-financial risk management, ERM, ICAAP, Basel II / III, model risk management etc. directly interface with clientele during engagements

§ Lead and drive day-to-day execution of assigned client projects

§ Lead hiring and mentoring initiatives to expand and upskill execution and delivery team for engagements

§ Design and monitor detailed project plans for assigned engagements

§ Directly report and provide detailed updates to business unit leader for all assigned engagements on an on-going basis

§ Lead and actively participate in designing proposals, RFP responses and pitches for business development pursuits

§ Development and review of models covering areas such as ERM, ICAAP, stress testing, Basel II / III, capital adequacy, MRM etc.

§ Lead system implementation engagements covering aspects such as BRD creation, FSD review, system configuration, SIT, UAT and Go-live

Other expectations:

§ An “ownership attitude” whose passion for solving our client’s strategic issues and objectives

§ Strong analytical and presentation skills

§ Strong business writing and oral communication skills

§ Collaborative and partnership-oriented and ready to work as a team member/ leader

§ Ability to handle highly challenging and time-bound projects with a positive mindset

Key performance metrics:

§ Adherence to project delivery timelines

§ Quality of delivery

§ Adherence to the firm’s standards for processes and quality

§ Effective communication with project stakeholders

§ Client feedback

§ Feedback from counselor and other team members

Other expectations:

§ An “ownership attitude” whose passion for solving our client’s strategic issues and objectives

§ Strong analytical and presentation skills

§ Strong business writing and oral communication skills

§ Collaborative and partnership-oriented and ready to work as a team member/ leader

§ Ability to handle highly challenging and time-bound projects with a positive mindset

Preparation required:

It is recommended that you prepare the following aspects before the selection process:

§ Demonstrate knowledge about ERM, ICAAP, Basel II / III, capital adequacy assessments and model risk management

§ Demonstrate experience of leading / executing large-scale projects and managing teams for successful engagement delivery and completion

Job Types: Full-time, Contractual / Temporary, Freelance
Contract length: 6 months

Pay: ₹1,200,000.00 - ₹1,500,000.00 per year

Benefits:

• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Ability to commute/relocate:

• Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Market & Model risk: 2 years (Required)

License/Certification:

• Chartered Accountant (Preferred)

Location:

• Mumbai, Maharashtra (Required)

Work Location: In person