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1 - 5 years

4 - 8 Lacs

Mumbai

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You are a strategic thinker passionate about driving solutions. You have found the right team. As a Generic Global Position within the Global Reconciliation team in TCIO Execution MO, you will be responsible for performing reconciliations globally for EMO across an entire suite of recs. You will work closely with colleagues within settlements, finance controls, product controls, market risk, and technology. This role provides an opportunity to develop your skills in various platforms/systems and work in close partnership with various stakeholders. Job Responsibilities Perform reconciliations across various platforms / systems such as risk management; sub-ledgers; Risk and PL aggregators; market credit risk infrastructure; industry utilities; etc. Perform Nostro Reconciliations and Investigations Ensure Reconciliations are performed and reviewed in a timely manner at an established frequency outlined in the respective Standard Operating Procedures (SOP). Perform completeness checks to ensure that the intended data population is included in the reconciliation. Any deliberate data exclusions are reviewed and approved periodically by the respective supervisors with adequate documentation. Follow-up with product controls, trade support and technology on breaks and ensure that adjustments, amendments and code fixes are actioned by the respective teams. Timely resolution and escalation of reconciliation breaks above investigation thresholds. Publish metrics to the relevant stakeholders and the Management for review. Required qualifications, capabilities, and skills Graduate Degree in Commerce, Finance, Accounting, or Banking. Minimum of 3 years working experience in Middle Office, Market Risk, Finance or Product Control A good team player with professional attitude Strong analytical skills to understand a diverse set of sophisticated cross-asset products and complex end-to-end workflow Good communication skills, robust and credible partner with all stakeholders Good product knowledge in Fixed Income, Treasury, FX and Interest Derivatives products Thorough understanding of transaction cycle, infrastructure associated operational and financial processes and controls Strong interest in process improvement, automation, and system enhancement Ability to deal with high level of adhoc requests and deliver under pressure Advanced Excel skills required Preferred qualifications, capabilities, and skills( 4 bullet points max) Knowledge of Tableau and Alteryx will be an added advantage Should be flexible to work in APAC and EMEA shifts Alteryx knowledge would be an added plus MS PowerPoint proficiency a plus

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4 - 6 years

7 - 11 Lacs

Bengaluru

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a. Business Analysis - capturing Business requirements and translating them into Technical process requirements. b. Data analysis - synthesis of large datasets and producing simple interpretations and focus on data quality. c. Process mapping tools: Process reengineering via MS Visio, Draw IO, C4 architecture, etc. 2. Business Domain& processes: Risk (Market Risk , Wholesale & Counterparty Credit Risk) and Finance for a Global bank. 3. Familiar with Agile ways of working 4. Communication: Communication skills to present analysis to stakeholders via simple visualisations with a focus to resolve outstanding problems for the project. Credit & Risk Management, Business Analysis

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3 - 8 years

15 - 20 Lacs

Mumbai

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Role & responsibilities Key Responsibilities 1 Maintain oversight over market risk function for FX, Derivatives, Fixed Income and Equities 2 Review valuation methodology for various treasury products including FX and Derivatives on a regular basis and perform periodic validation to ensure valuations are in accordance with regulatory guidelines and market practises. 3 Review computation methodology for various risk measures like VaR, Pv01, duration, greeks, etc and validate them periodically. 4 Perform periodic review of the internal PFE models used for counterparty credit risk monitoring and suggest changes/enhancements. 5 Undertake system enhancements related to market risk in SAS Market Risk system and Calypso Treasury application. 6 Undertake periodic review of various treasury policies as and when required. 7 Conduct Stress Testing for market risk and periodically review the stress testing framework 8 Monitor and analyse market trends, financial indicators and regulatory developments to identify potential risks to the bank 9 Manage computation of Market Risk Capital Charge under Basel III including Off Balance sheet exposure and CVA charge. 10 Computation of prudential valuation adjustments under Basel III including but not limited to illiquidity charge, Incurred CVA, etc. 11 Provide timely insights to top management, prepare board notes and other regulatory returns Preferred candidate profile Essential Minimum experience of 2-3 years of derivatives valuation, curve constructions and market risk management Preferred Experience of FRTB, SA-CCR and counterparty credit risk

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3 - 6 years

4 - 7 Lacs

Chennai, Bengaluru

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Job Description: The Market Risk (MR) department is a specialized unit in Finance Operations (FO) that operates in Chennai, Bangalore, and Manila centers. The team has frontline responsibility for risk measurement, deal valuation, exposure reporting and price validation. The department pulls together a range of expert skills that ensure accurate, timely reporting and allow MR to offer professional advice on the wide range of issues that the department gets involved in. We are interested in attracting people to our business who share our core working values of honesty, integrity, and respect for others. We want those who can build on our business vision, are prepared to accept accountability, and can achieve great results through teamwork. The team has been continuously absorbing newly migrated activities over the last eight years with continued growth and more complex work will continue to be absorbed into the teams. The primary function in the job role will be to detect, quantify and communicate potential for unforeseen or unidentified risk within trading activities. Additionally, this role liaises with Accounting/ Finance, Operations and Commercial teams to ensure deals are captured accurately and reflected correctly in our systems. Cross training will be required to provide cover on daily, monthly, and quarterly reporting processes for the Market Risk team. Individual will be frequently involved in development of the day-to-day and monthly processes and systems to keep pace with the ever-changing trading environment. As a Market Risk team member, the primary function will be to detect, quantify and communicate potential for unforeseen or unidentified risk within trading activities Additionally, this role liaises with Accounting/ Finance, Operations and Commercial teams to ensure deals are captured accurately and reflected correctly in our systems. Cross training will be required to provide cover on daily, monthly and quarterly reporting processes for the Market Risk team. Individual will be frequently involved in development of the day-to-day and monthly processes and systems in order to keep pace with the ever-changing trading environment. Principal Tasks: The list below is intended to provide a brief glimpse of the day-to-day activities and also highlight the key areas of proficiency (strong business understanding, ability to navigate systems, managing stakeholder relationships and key technical skills) that would help the analyst succeed in the role. The analyst is expected to: Understand key P&L drivers and articulate strategy-based P&L commentary whilst demonstrating a commercial understanding of the business Leverage Market Risk modelling practices including Value at Risk & Stress Testing to understand and communicate the risk in the portfolio Understand trading account structure, exposures and P&L generated by different transaction types in the book Provide ad-hoc analysis by running queries into the Trading Risk databases Monitor exposure limits daily within the Trading Control Framework and Manual of Authorities (MOA) Ensure activities are carried out with safety awareness and are performed in compliance with external regulation, the Shell Control Framework, SOX & Financial Reporting requirements; and Shell Trading mandate and policies Liaise with business users and technical support to identify, analyze and resolve application issues Monitor and report KPI for both external (traders) & internal performance metrics Be curious about the Shells trading business, seek to understand both ongoing/upcoming transactions, and dig into conflicting data to resolve issues while considering the impact upon the overall business Work closely with Senior Specialist(s) to help them carry out daily risk reporting and execute projects. Most projects are likely to come in with short deadlines- the candidate is expected to lead the project if there is a business need Be well versed/have hands-on experience in any or all of VBA, Advanced Excel, Power BI, MS Access, SQL, Spotfire, QlikView, Tableau. The job will have a techno-functional aspect where the analyst will frequently pull data, filter and process information, analyze, interpret and clearly communicate the results upwards for the consumption of senior management Key Challenges: Balancing the reporting requirements on multiple businesses covering varied commodity types (NG, Power) in different geographies/markets Coming to terms with the complex system landscape: the candidate is expected to be comfortable with established/stable ETRMs. Future upgrade projects may require some time be devoted to work with other stakeholders in development/implementation of new software solutions Maintaining quality relationships and engagements with key business stakeholders to ensure timely and accurate data Understanding the numbers and convincingly explaining the story behind them demonstrating and appreciation for trading strategies and risk payoffs Exploring opportunities to continuously improve tools and process Given how the business is growing, the candidate is asked to be flexible in terms of work scope. The role will become increasingly challenging and in-depth with every new activity rolled out. Whilst covering the daily reporting, then candidate may be pulled in for ad-hoc analysis/DAF reviews with typically short turnaround times The SE-EA team typically works in afternoon shift. The individual will need to be able to work extended hours if job requires due to monthly/quarterly close, new requirements/ critical project delivery timelines or unforeseen events. The candidate should be comfortable in working in these shifts Experience and Qualifications: The ideal candidate will be highly numerate, logical, can prioritize and multi-task, and is comfortable working in teams A good understanding of Commodity Markets (preferably crude oil/ oil products/ LNG/ natural gas/ power) business and/or familiarity with spot price assessments, forward curve methodologies, swap markets, and basics of options would be valuable Risk Management knowledge (demonstrate knowledge of different types of VaR, stress testing, sensitivity analysis, basis risk, volume risk, currency risk) Experience/ understanding of Risk Management systems Openlink Aligne and FIS Endur - ability to identify deal changes related to fees would be a strong plus. Working knowledge of SQL and Oracle is required. Working knowledge of Qlik - create new visualizations and drill down information for detailed analysis - is preferred An undergraduate degree in Statistics, Mathematics, Science, Finance or Economics from a leading academic institution Other preferred qualifications include: Strong computing skills (Excel, programming, VBA) and analytical abilities Experience in Six-Sigma and/or other problem-solving methodologies to drive continuous improvement Strong analytical skills required; detail and accuracy oriented Strong communications and interpersonal skills Finance and accounting skills including ability to understand financial results and financial and management reports Experience in Gas & Power wholesale and retail trade instruments would be a plus Experience with risk analysis, Value-at-Risk, financial derivatives, or physical energy markets would be a plus Ability to work with cross-functional work group Ability to drill down into complex data and must have a keen eye for details Creativity in problem solving

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10 - 20 years

15 - 27 Lacs

Delhi NCR, Bengaluru, Mumbai (All Areas)

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Please Note: ========== One of our Gulf client is looking for Credit Risk Analyst in their financial department. Spectrum Consulting is acting as Recruitment Services company for this position. You can email your CV directly to: spectrumconsulting1977@gmail.com ========== Job Title: Credit Risk Analyst Onsite Job Location: Dubai - UAE Doha - Qatar Riyadh - Saudi Arabia Onsite Monthly Salary: 15k to 20k AED [ Depending on Experience ] , Full Tax free Salary Gulf Work permit & visa will be sponsored by the company Offshore Job Location: Mumbai Bangalore Hyderabad Offshore India Annual CTC: INR. 15 LPA to 40 LPA (Depending on Experience) No. of positions: 03 Project Duration: 24 Months Experience Needed: 8 - 20 Years Job Description: We are looking for an experienced Credit Risk Analyst with BASEL / IFRS9 / CCAR Skills Job Responsibilities As a credit risk analyst, you should be: Expert in 1 or more of the following: - Credit Risk Modelling with: - BASEL - IFRS9 - CCAR - Structural Models - Strong knowledge of credit risk measures, PFE, xVA, compliance rules, and collateral management. - Experience with Basel 2, Basel 2.5, Basel 3, SA-CCR, SIMM, FRTB-xVA. - Able to do credit evaluations of counter parties for financial/non-financial institutions - Carry out financial qualification of service providers for new assignments and new projects - Conduct in-depth analysis of financial statements and employ the company internal credit model to derive credit ratings. - Ensure new business transactions and related risks are appropriately defined, captured, and managed, by the Company's risk methodologies and systems. - Maintain approved credit limits and ratings in credit database. - Actively monitor counterparty credit ratings and latest market developments to keep management informed on potential risks. - Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure. - Review policies, procedures, and align risk policies across the Group - Assist in the consolidation and preparation of reports for top management Nice to have: - Experience with Murex (MLC), Markit, Calypso, Finastra is added advantage but not mandatory Experience Level: 5 - 20 Years Business Verticals: Banking and Financial Services -- Insurance / Banking Insurance Stock Market / Investment Banking Retail Telecom Healthcare Oil and Gas Travel and Hospitality Supply Chain / Logistics Capital Markets / Stock Markets / Forex Trading Job REF Code: CREDITRISK_0325 You can EMAIL your CV to: spectrumconsulting1977@gmail.com If you are interested, please email your CV as ATTACHMENT & - write about your CREDIT RISK experience as covering note and - explaining your CREDIT RISK experience with job ref. code [ CREDITRISK_0325 ] as subject

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2 - 6 years

4 - 8 Lacs

Bengaluru

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Testing purpose 2

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8 - 13 years

10 - 17 Lacs

Kolkata

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About The Role :

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4 - 5 years

6 - 7 Lacs

Pune

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Job Purpose "This position is open with Bajaj Finance ltd." Content Manager will be responsible for creating improving and maintaining content with the goal of achieving business goals. Duties will also include raising brand awareness by sharing content and monitoring web traffic and metrics with the interest of maintaining best practices. Duties and Responsibilities PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) Duties & Responsibilities:oDevelop content strategy that aligns with marketing and business targets both long term and short term.oCollaboratively design and develop site content design and layout alongside design and marketing teams.oGenerate and publish engaging contentoEdit proofread and improve upon writer's posts when necessaryoEnsure brand consistency by communicating effectively with writersoOptimize content according to SEOoUse content management systems to analyze website traffic and users engagement metricsoIncrease web traffic across platforms by managing content distribution to online channels and social media.oEnsure all data and work is legally compliant (e.g. copyright protection)oRemain current on developments and generate new ideas to draw attention of audience4. MAJOR CHALLENGES(Challenges faced on an on-going basis in carrying out the job) KPI- success metrics ownership Online DIY Portal - Monitoring & Project Execution Liasoning with internal stakeholders for Capability Support & Project Management5. DECISIONS(Key decisions taken by job holder at his/her end)Timeline & Deliverables for projects related to online DIY 6. INTERACTIONS(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)Internal ClientsRoles you need to interact with inside the organization to enable success in your day to day work IT, Business, COEs, Marketing, Call Centre, Legal & Compliance External Clients Roles you need to interact with outside the organization to enable success in your day to day workRetail Product Distributors, Sister companies (BHFL, BFDL, BFSD etc) COE7. DIMENSIONS(Key numerical data which will reflect the scope and scale of activities concerning this job)Financial Dimensions (FY 22)(These should be quantifiable numerical amounts) AOP Volume through Online DIY channel 1500 CrsOther Dimensions (FY 22)(Significant volume dimensions associated with the job) Total Team Size:1 Number of Direct Reports:0 Number of Indirect Reports:0 Number of Outsourced employees:0 Required Qualifications and Experience SKILLS AND KNOWLEDGE(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)Educational Qualificationsa)Qualifications & Work Experience Technical Knowledge & ExperienceoBackground of Financial products with MBA in journalism Marketing or relevant fieldoProven work experience as a Content manageroVerifiable experience with MS Office and WordPressoBasic technical knowledge of HTML and online publishingoKnowledge of SEO and web traffic metricsoComprehension of and familiarity with social mediaoOutstanding written English skills. Personal AttributesoExcellent interpersonal and communication skills- both verbal & writtenoAbility to multi task- work on tight deadlines and able to cope under pressureoAttention to detail and high level of accuracyoStrong problem solving/logical thinker and highly numerateoAbility to work with cross functional teams and multiple stakeholders

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2 - 4 years

8 - 13 Lacs

Gurgaon

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Responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, benchmark development, and model use approvals. Job Description Summary Responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, benchmark development, and model use approvals. May coordinate a team of 1-2 quantitative model validators to test and evaluate the conceptual soundness of models and assess limitations and suitability for use. Subject matter expert in a key model risk areas such as Quantitative Models in and Banking, specifically derivative valuations, VAR, Stochastic Process, hedging and forecasting models. Key Responsibilities: Responsible for managing and executing model validation activities, including validation, annual review, ongoing monitoring, assess model risk tiering Assessment of conceptual soundness of the models, including the model limitation, assumption, model performance and suitability of model parameters End-to-end independently validation of models and finalize validation findings along with remediation plans followed by preparation of model validation report Facilitate clear and effective communication to the stakeholder and internal teams on model validation results Assessment of model performance monitoring and implementation process along with calibration technique Review internally and externally developed models Subject matter authority in the key model risk areas of Market Risk, Monte Carlo Simulations, Financial and Investment Risk, and Stress testing. Required Qualifications: Has 7+ years of experience in model risk management in Financial/Banking services. Has a master s or Ph. D. degree in science, math, statistics, engineering, or related area. Working knowledge of SR 11-7/OCC 2011-12 Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U. S. based financial planning company headquartered in Minneapolis with a global presence. The firm s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if youre talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP. Full-Time/Part-Time Timings (2:00p-10:30p) India Business Unit AWMPO AWMP&S Presidents Office Job Family Group

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5 - 10 years

7 - 12 Lacs

Bengaluru

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Project Role : Business Agility Practitioner Project Role Description : Professionals who provide business agility and technology innovation advisory services focused on organizational transformation in order to aid clients in outlearning and outperforming the competition. Must have skills : Business Requirements Analysis Good to have skills : NA Minimum 5 year(s) of experience is required Educational Qualification : 15 years full time education Summary:As a Business Agility Practitioner, you will provide business agility and technology innovation advisory services to aid clients in outlearning and outperforming the competition. You will play a crucial role in organizational transformation and help clients achieve their business goals. Roles & Responsibilities: - 5-8 years relevant work experience in delivering projects using the agile methodology for Risk (preferably Market Risk in Investment or Corporate Banking) and Finance projects especially around data sourcing-Understanding data concepts and being able to perform data analysis.-Proficient use of SQL and Python-Ability to assimilate information quickly, make informed decisions, ability to use own initiative to resolve issues/ investigate and find solutions.-Regular and confident interaction with end-users and customers having strong focus on delivering strategic solutions for the business.- Expected to be an SME, collaborate and manage the team to perform.- Responsible for team decisions.- Engage with multiple teams and contribute on key decisions.- Provide solutions to problems for their immediate team and across multiple teams.- Lead and facilitate workshops to identify business requirements and translate them into actionable plans.- Develop and implement strategies to improve business agility and drive innovation.- Analyze and evaluate existing business processes to identify areas for improvement.- Collaborate with stakeholders to gather and document business requirements.- Identify and recommend solutions to address business challenges and achieve desired outcomes. Professional & Technical Skills:- Must To Have Skills:Proficiency in Business Requirements Analysis.- Strong understanding of business process modeling and analysis.- Experience in conducting stakeholder interviews and workshops.- Ability to translate business requirements into functional specifications.- Good To Have Skills:Experience with Agile methodologies.- Knowledge of business architecture frameworks such as TOGAF.- Familiarity with process improvement methodologies like Lean Six Sigma.- Excellent communication and interpersonal skills. Additional Information:- The candidate should have a minimum of 5 years of experience in Business Requirements Analysis.- This position is based at our Bengaluru office.- A 15 years full time education is required. Qualifications 15 years full time education

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2 - 3 years

4 - 5 Lacs

Mumbai

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Job Title: Treasury Markets and Investments (TMI) Associate Corporate Title: Associate Role Description The candidate will be part of the SLR desk in Mumbai. The SLR team is responsible for managing the investment portfolio to optimize the return on the banks liquidity reserves. The team executes trades using excess resources to ensure Deutsche Bank is being efficient and gaining a higher return on assets than if we were holding the high-quality liquid assets with a central bank. Your key responsibilities Deliver comprehensive risk management and analytics support to the trading desk. Take ownership of the production and maintenance of daily spreadsheets for NPV and risk computations ensuring portfolio changes (new trades, disposals, hedging/un-hedging) are accurately incorporated. Generating investment / trading ideas, being abreast of the market trends and providing insightful weekly and monthly commentaries especially for smaller markets driving informed decision making. Oversee and streamline all post trade activities including: Trade capture Pricing of bonds and swaps for PnL calculation of disposed positions. Liaison with middle office for appropriate trade linkages to ensure hedge accounting. Resolve any bond/derivative settlement issues from a front office perspective. Production of the MIS required for senior management presentations. Drive changes to the existing process to achieve optimum process outcomes. Remediation of any audit points requiring process change. Assist the desk with production of reports and analysis required for the ALCO. Working on any adhoc tasks e.g. NPA/NTA related matters, working with other support functions to set up a new Counterparty (including KYC requirements & documentation), CSA execution, etc. Your skills and experience University degree with a quantitative focus (Economics, Finance, Mathematics, Computer Science, etc.) At least 2 - 3 years of professional experience in dealing with quantitative finance concepts, supporting a trading / structuring desk or a trading risk management function. Sound analytical and problem-solving skills. Strong written, verbal communication and presentation skills.

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1 - 6 years

10 - 18 Lacs

Pune, Delhi, Bengaluru

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Role & responsibilities Analyse the portfolio consisting of various funds. Deep dive into various aspects of the funds and provides valuable insight. Responsible for risk data aggregation, analysis, and reporting at periodic intervals Excellent understanding of various asset classes including Equities, Hedge Funds, Real Estate and Infrastructure. Experience in analysing various data sets and reporting to top management. Good understanding of various risk measures and calculations. Working knowledge of sourcing data from Bloomberg, FactSet, Prequin, Geneva and other databases. Advanced MS Excel skills are needed. Working knowledge of data analysis tools including Python, PowerBI. Open to travel to the Middle East and work at the clients office. Preferred candidate profile Ability to work independently with minimal supervision and deliver data insights. Energetic, results-focused, change agent, with a strong work ethic. Ability to work to tight deadlines under pressure, while maintaining attention to detail. • Strong organizational and analytical skill with strong attention to detail. Knowledge of Private Assets is desirable. Work experience with a General Partner is desirable. Postgraduate in Finance. FRM qualification is an added advantage

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5 - 8 years

35 - 60 Lacs

Mumbai

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Development and Maintenance of UDW platform. Understand business requirements and responsible for designing solution, implementation, testing and L3 support. Regular interaction with business and technical stakeholders globally for requirement analysis, solution/approach, testing, status updates etc. Deliver high quality change within timelines. Perform unit testing. Support SIT, UAT and Regression testing. Propose and implement strategic/tactical solutions for business and technical problems. Understand and follow organizational, team level processes and best practices. Skill Set 5+ years experience in Core Java (8 and above) and Spring. Proficiency with SQL Automated unit testing using Junit. Spark and Scala are desirable. Exposure to Big Data technologies (e.g. Parquet, Dremio etc.) is desirable. Good knowledge of Investment Banking and Capital Markets domain is desirable. Good verbal and written communication skills. Good analytical skills.

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1 - 6 years

2 - 7 Lacs

Bengaluru

Hybrid

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Hiring for Analyst - Traded Risk Analysis with the leading Investment Bank Job Location: Bangalore Qualification: Candidates from quantitative finance is preferred or Commerce or finance graduates or Post graduates Skills : Market Risk knowledge- VAR, SVAR - Calculation and not reporting. intermediate knowledge of Python. if freshers or 6 Months exp - Candidates from quantitative finance is preferred. This is Spoorthy from Allegis Group - An US based Staffing and Recruiting Company providing Human capital and work force management solutions to over 6000 customers globally including 90% of Fortune 500 firms. Our offering includes Managed Services (MSP) and Recruitment Process Outsourcing (RPO). Interested can review below & share profile to me at ssathish@allegisglobalsolutions.com Principal Responsibilities : Ensures the integrity of Common Data from Primary Trading Systems, Traded Risk Systems and Vault consumed by multiple downstream consumers Responsible for monitoring and executing controls and L1 Exceptions as detailed below: Data quality checks and controls on consumers' original sources/ inputs Proprietary Trading System, Traded Risk Systems, Vault Data Reference Data Quality Controls Global Reference Data System, Client, Common Mapping Reconciliations between Data Sources or/with Consumer Inputs Static Maintenance in Consumers system not using Golden Source Qualifications - A degree / qualification in Finance, Accountancy, Business Management or previous experience in Risk Management (Market Risk) or quantitative courses Strong foundation in risk management principles, understanding of market risk measures (i.e. Price Value of a Basic Point, Value at Risk) and systems High level of competency in the production of information, and the ability to process, analyze and interpret market risk reports High proficiency in Excel (Visual Basics of Application skill would be an advantage), Word and Powerpoint. Average proficiency in MS Access. Ability to use and code in Python Ability to work cross culturally with a strong collaborative and inclusive mindset, and committed to equal employment opportunities Ability to drive performance under pressure and tight timelines Regards, Spoorthy ssathish@allegisglobalsolutions.com

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4 - 8 years

16 - 18 Lacs

Mumbai, Gurgaon

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Production and reporting of daily P&L to Front Office & Senior Management. Reconcile actual P&L with trader estimates and provie flash/actual variance analysis. Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis. Front-to-Back analysis & reconciliations of front office p&l and balance sheet to firm sub-ledgers, Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves. Would be typical own set of books/cost center and Business Units Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries. Development & continuous improvement of existing processes & workflow. Testing / UAT for systems work ranging from minor system releases to major system implementations. Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk. Requirements Education Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with at least 4+ yrs. experience or Graduate in Commerce with 6+ years of relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products Certifications If Any CFA / FRM certified candidates would be preferred Advanced education and/or enhanced technical qualifications are a plus Ability to use Access or VBA would enhance the candidate s attractiveness significantly Experience Range 4+ years of experience in Global Markets Product Control role Foundational skills Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage. The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels Must be proactive and be a highly-motivated self-starter. Desired skills Alteryx / Python / Tableau knowledge would be an added advantage Must be proactive and be a highly-motivated self-starter Effective communication skills with English proficiency Demonstrated ability to work in a high pressure environment Takes initiative and challenges existing processes and procedures in a proactive manner Strong team player Ability to analyze issues independently and derive solutions Analytical skills Inherent sense of principles of control through experience and sound judgment Reliability

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3 - 8 years

22 - 27 Lacs

Mumbai

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We are currently seeking an experienced Analytics Client Service Specialist to join our Client Coverage organization in Mumbai. The MSCI Global Client Service team is composed of experienced financial professionals that provide first tier support for our clients around the world. Team members are responsible for responding to a wide variety of methodology, usage, interpretational, and technical questions on both analytical and benchmark products. Client contact is primarily via telephone and email. Client service analysts will need to work closely with Senior Client Service Members, Sales and consultants to develop and maintain client relationships. Your Key Responsibilities Provide premium service to assigned accounts Answer detailed client inquiries

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12 - 15 years

40 - 45 Lacs

Hyderabad

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Supporting Global lead ? WCR Regulatory Reporting Stewardship for ensuring of all the responsibilities for Risk stewardship under the HSBC Risk management framework are completed for a significant HSBC global change programme (Risk stewardship and assurance for Wholesale Credit risk). Supporting Global lead ? WCR Regulatory Reporting Stewardship lead for executing the stewardship responsibilities in line with the RMF globally for Wholesale Credit Risk. Supporting Global lead ? WCR Regulatory Reporting Stewardship ensure the appropriate risk and control management is in place and that management (1LOD and 2LOD) are exercising their accountability for those risks and controls. Supporting Global lead ? WCR Regulatory Reporting Stewardship during the implementation phase and delivery of stewardship responsibilities. The expectation for role is to lead extensive interactions with Risk, 1LOD Business, Finance and IT (where applicable) to ensure steward business requirements are clearly articulated, stakeholder feedback is considered and appropriately incorporate and all requirements, risks and issues are clearly communicated. Supporting Global lead ? WCR Regulatory Reporting Stewardship by management of various deliverables, such as building SME on reporting/MI development, that support stewardship activities while leading extensive analytical work to ensure key design principles are effective. Responsible for end to end process including Regulatory obligations management (covering Rapid2, REGMAP, RRIS, HELIOS, dashboards) owning and evidencing completeness of stewardship responsibilities completeness against Risk management framework, through to supporting the assurance work, (inclusive of the control environment and ensuring its embeddedness from a risk stewardship perspective). Communicate directly and clearly with senior stakeholders including WCR CRO, regional WCR CROs, 1LOD report owners team on status, requirements and ensure appropriate accountability measurement is in place. Provide specialist risk, reporting and control knowledge and insights, leading on deep dives into thematic reviews and project work as they arise across the risk and stewardship area on a range of topics that will help to shape the future and drive efficiencies. Requirements 12+ years of previous experience in Risk Management within a global organisation, working across cultures is essential. Previous experience in reporting (Financial or non-Financial) reporting to a regulator Proven experience and expertise in stewardship, knowledge of regulatory rules and reporting, Basel 3 Reforms regulatory knowledge and executing and delivering complex solutions for the stakeholders Experience of working or delivery lead for Credit risk or Market Risk or Capital Management or BASEL II/III Regulatory changes Ability to present complex issues confidently and concisely, using simple language and accommodating globally distributed senior stakeholders is essential. Excellent Microsoft office skills (Excel, PowerPoint, word, Visio) Previous exposure to the Business Risk and Control Management/Chief Control Office would be beneficial but not essential. Previous experience within a Regulatory reporting, Operational Risk/Resilience or Audit capacity would be advantageous. Ideally you?ll have a good understanding of the business structure, products, values and people. Strong business analytical skills

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7 - 10 years

10 - 15 Lacs

Pune, Mumbai

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Leading a team of 2-3 analyst assigning tasks, providing mentorship and escalating any issues seen the below processes for Market risk Generating reports and monitoring the VaR limits, observing risk measures and taking corrective actions to amend the data. Develop and perform reconciliations and DQ checks between systems using Python and SQL on the data that is used as the input for market risk calculations. Perform UAT testing on the data post implementation of changes and detect the anomalies. Onboard and maintain the time series data used in the calculation of risk measures. Help optimize the processes in place to reduce the turnaround time in the daily signoff process. Understand the systems and the data flow and work closely with IT, MR, and developers to remediate the issues and errors Experience in leading & guiding a global team ensuring high-quality work is delivered aligned with the project/client objectives as stated above. Understanding of Market risk, back testing, FRTB regulations preferred. Previous experience of working on python (Numpy) and SQL. Ability to navigate systems, access data and identify discrepancies independently with minimum support from onshore staff. Very good communication skills, fast learner and team player Cross functions experience in handling issues with Risk, IT and other business lines involved in the process.

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1 - 3 years

22 - 30 Lacs

Mumbai

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Job Description Job Title Model Validation Specialist- Derivative Pricing Corporate Title AVP Location Mumbai, India Role Description Model Risk Management s mission is to manage, independently and actively, model risk globally in line with the banks risk appetite with responsibility for Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Designing and recommending Model Risk Appetite; Effectively managing and mitigating Model Risks; Establishing Model Risk metrics; Designing and implementing a strong Model Risk Management and governance framework; Creating bank-wide Market Risk policies The Pricing Model Validation team as part of MoRM is responsible for the independent review and analysis of all derivative pricing models used for valuation and pricing across the bank. What we ll offer you As part of our flexible scheme, here are just some of the benefits that you ll enjoy Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities The role is to independently review and analyse derivative models for pricing and risk management across Rates, FX and Hybrids. The role as a Quantitative Analyst in Mumbai will work closely with the pricing validation team in London and Berlin to produce, analyse and document validation testing. Reviews and analysis require a good understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks. The outcome of review and analysis and independent implementation will form the basis of discussion with key model stakeholders including Front Office Trading; Front Office Quants; Market Risk Managers; and Finance Controllers. Your skills and experience Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms. Strong interest in financial markets (especially derivative pricing) demonstrated by qualifications and/or experience. Experience coding in Python an advantage. Excellent communication skills - both written and oral. Education/Qualifications Academic degree in a quantitative discipline (e.g. Mathematical Finance / Statistics, Maths, Physics, Engineering) with a focus on application. How we ll support you Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs

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4 - 7 years

13 - 17 Lacs

Chennai, Pune, Delhi

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Responsibilities Architecting the AWS RDS Postgres based environment Working with the database migration stream of the project and working closely with the Murex reporting SMEs on the project Migrating existing custom SQL from Sybase to Postgres Validating the post-migration reporting that runs on top of SQL queries Technical analysis of changes, solution design, development and unit testing Participate in fixing production and test defects End to end ownership of tasks in cooperation with Business Analysts and Testing team Skills Must have 4+ years working as a database administrator / architect Extensive experience in working with Postgres in an AWS environment, specifically using RDS Experience in migrating from Sybase to Postgres Experience in automating RDS Postgres operations including backups, data migrations and imports AWS migration experience focused on data migrations between database technologies Financial services experience Nice to have Understanding of Murex reporting and Datamart is a significant bonus Other Languages English: C2 Proficient Seniority Senior Refer a Friend Positive work environments and stellar reputations attract and retain top talent. Find out why Luxoft stands apart from the rest. Recommend a friend Related jobs View all vacancies

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8 - 16 years

22 - 27 Lacs

Gurgaon

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Job Description: About us At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Global Business Services Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services. Process Overview The Global Treasury Business Finance Control (BFC) is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to Hedge Accounting, forecasting/stress testing, daily PL attribution, management reporting/analysis and funds transfer pricing. Treasury Finance (Product Control) is a division of Global Treasury responsible for the production and independent validation of Global Treasuries profit and loss and balance sheet. In this regard, BFC will ensure, inter alia, that accounting policies are correctly and consistently applied, and that portfolios are appropriately valued. Job Description* The Corporate Treasury Finance team is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to forecasting/stress testing, daily PL attribution, management reporting/analysis and funds transfer pricing. We are looking to recruit an individual to work in the PL production area covering the Treasury/Fixed Income/FX trading desks. The candidate s main responsibility will be to produce and deliver the daily PL to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job. Primary products covered will include Fixed Income, Money markets, FX, Rates Outstanding financial control expertise in treasury products, familiarity with global markets businesses or treasury function and first-class leadership skills are prerequisites. Responsibilities Supervise Production and Reporting of daily PL and balance sheet to Front Office Senior Management. Supervise Reconciliation of actual PL with trader estimates and review flash/actual variance analysis. Work closely with the trading desks on position, PL or other issues on an ad-hoc basis. Review Front-to-Back analysis reconciliations of front office PL and Balance Sheet to firm sub-ledgers, Assist with execution of month-end controls ensuring management vs financial PL variances are within thresholds Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves. Control books, cost center and Business Units for line of business Understand IFRS 9 principles and Product Accounting including AFS, MTM etc. Supervise IPV, Valuation Control Activities, VA Computations Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries. Develop, standardize continuous improvement of existing processes workflow. Monitor Testing/UAT for existing or new systems Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk Optimize Operational Excellence - act as innovator and change catalyst to drive process redesign and realize efficiency across the platform Partner with GBAM Finance LOB executives to evaluate current process design, identify opportunities for efficiency and drive adoption of agreed changes Manage team projects, direct group effort and day-to-day team activities. Manage and drive risk disciplines and internal controls to deliver the best outcomes for our clients and shareholders Be pro-active and engage control partners/ technology to identify and mitigate operational risks Attract, retain, and grow talent. Build a culture and process to identify, mitigate, and control operational risk. Requirements* Education Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products Certifications If Any CFA / FRM certified candidates would be preferred Advanced education and/or enhanced technical qualifications are a plus Experience Range* 12 to 16 years with at least 8+ years experience in Global Markets or Treasury Product Control role Foundational skills 8+ years of Banking and Financial Services experience and held a finance leadership position in an international environment with extensive knowledge of working in a Global Markets or Treasury Product control environment. Should have good understanding of financial markets, Derivatives structured notes-their hedging, funding, credit risk etc. Understanding of IFRS9 Product Account including AFS, MTM etc. The individual should have a proven track record of working and experience of managing teams of 10+ individuals having a pedigree of tier 1/ tier 2 institutions and possess a comprehensive expertise in strategic planning for flawless delivery. Strong people management skills, including the ability to resolve people issues and motivate the team to deliver Line experience coupled with a demonstrated ability to lead technology-based change Proven experience of providing thought leadership to overcome challenges and lead without direct authority, excellent skills with an ability to manage the group of fast paced team supporting multiple business verticals. Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues. Has the gravity to interact at all levels of management to support resolution of complex business issues. Demonstrated ability to work in a globally matrixes and significantly multi-geography, multi-cultural offshore service delivery environment. A convincing executive presence which conveys composure and confidence in all situations, the credibility and stature to carry stakeholders through influence rather than via the hierarchy Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders. Desired skills Alteryx / Python / Tableau knowledge would be an added advantage Must be proactive and be a highly-motivated self-starter Effective communication skills with English proficiency Demonstrated ability to work in a high pressure environment Takes initiative and challenges existing processes and procedures in a proactive manner Strong team player Ability to analyze issues independently and derive solutions Analytical skills Inherent sense of principles of control through experience and sound judgment Reliability Work Timings 12 PM IST to 09:00 PM IST Job Location Gurugram

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Exploring Market Risk Jobs in India

The job market for market risk professionals in India is currently thriving, with many companies actively seeking skilled individuals to manage and mitigate financial risks. If you are considering a career in market risk, this article will provide you with valuable information about the job market in India.

Top Hiring Locations in India

  1. Mumbai
  2. Bangalore
  3. Delhi
  4. Chennai
  5. Hyderabad

Average Salary Range

The average salary range for market risk professionals in India varies based on experience level. Entry-level professionals can expect to earn between INR 5-8 lakhs per annum, while experienced market risk managers can earn upwards of INR 15-20 lakhs per annum.

Career Path

In the field of market risk, a typical career progression may involve starting as a Risk Analyst, moving up to a Senior Risk Analyst, then transitioning to a Risk Manager, and ultimately reaching the position of Director of Risk Management.

Related Skills

In addition to market risk expertise, professionals in this field are often expected to possess strong analytical skills, financial modeling proficiency, knowledge of regulatory frameworks, and excellent communication abilities.

Interview Questions

  • What is Value at Risk (VaR) and how is it calculated? (medium)
  • Can you explain how stress testing is used in market risk management? (medium)
  • What are the different types of market risk? (basic)
  • How do you stay updated on market trends and developments? (basic)
  • Can you discuss a time when you had to make a quick risk management decision? (medium)
  • How do you assess the impact of geopolitical events on market risk? (advanced)
  • What risk management software are you familiar with? (basic)
  • How do you ensure compliance with regulatory requirements in market risk management? (medium)
  • Can you explain the concept of correlation in market risk analysis? (medium)
  • How do you handle conflicts of interest in risk management? (advanced)
  • Describe a challenging market risk scenario you encountered and how you resolved it. (medium)
  • How do you prioritize risks in a volatile market environment? (medium)
  • What are the key components of a market risk management framework? (medium)
  • How do you communicate risk assessments to senior management? (medium)
  • Can you discuss a successful risk mitigation strategy you implemented? (medium)
  • How do you evaluate the effectiveness of risk controls? (medium)
  • What role does technology play in market risk management? (basic)
  • How do you assess liquidity risk in market risk analysis? (medium)
  • Can you explain the concept of Value at Risk (VaR) shortfall? (advanced)
  • What are the limitations of Value at Risk (VaR) as a risk management tool? (advanced)
  • How do you assess counterparty risk in market risk management? (medium)
  • Describe a time when you had to make a tough risk management decision under pressure. (medium)
  • How do you incorporate scenario analysis into market risk assessments? (medium)
  • What steps do you take to ensure data integrity in risk management processes? (medium)

Closing Remark

As you prepare for your job search in the field of market risk, remember to showcase your expertise, stay updated on industry trends, and practice your interview skills. With dedication and confidence, you can secure a rewarding career in market risk management in India. Good luck!

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