Risk Analyst

Clearing Solutions - Risk Consultant

Location: Bangalore

Notice: 15-20 Days Less

Position Purpose & Accountabilities

• The Clearing Solutions Consultant will support the Clearing Solutions team with analysis, development and user acceptance testing for Clearing’s OTC/ETD product and services development across Risk, Valuation and Default Management.
• This role will help bridge the gap between Clearing and Optimization Risk and Solutions, assisting with new project work, ongoing valuation analysis and default management drills.
• The candidate will contribute to the successful design, development and implementation of new products and services with a focus on risk-related initiatives. The role will also be responsible for preparation and execution of the UAT test plan along with facilitating external adoption of the solution. The candidate will partner with internal groups to include Clearing Risk, Sales, Marketing, Enterprise Architecture, Technology, Execution and Strategy and Legal to expand and strengthen Clearing Services.
• The candidate should exhibit intermediate knowledge in SQL, database modeling and database tuning. Provide support for IT production and client services teams and escalate issues as necessary. Develops designs for all aspects of a project and conducts full system testing.

Position Accountabilities:

• Aids in creating detailed requirement specification document for both external and internal teams.
• Prepare documentations for external client validation meeting. Take detailed notes in internal & external meetings and follow up on action items.
• Engage with clearing firms & clients to validate requirements to get feedback before requirement finalization to avoid any delay in product or service rollout.
• Engage with technology teams(Dev & QA) for requirement walkthrough and doubt clarification.
• Prepare and execute on the UAT test plan as well as ensure external adoption of the solution.
• Educate nternal teams before production roll out on the changes.
• Provide support for IT production and client services teams and escalate issues as necessary.
• Helps customers on their queries related clearing services
• Help automate & streamline regular tasks.

Skills & Software Requirements:

• Knowledge of front, middle and back-office operations and systems, particularly related to OTC (IRS & FX) Clearing and Exchange operations is a plus.
• Good understanding of Futures/Options, Pricing models, VaR and have worked in model validation space.
• Proficiency with SQL/Oracle/Python is required. Knowledge of C++/C#, R, VBA is a plus.
• Able to work in a fast-paced environment. Multi-tasking and attention to detail are critical
• Strong organization skills and an ability to work independently with minimal supervision.
• Strong knowledge of software QA methodologies, tools, and processes
• Education:
• Bachelor’s degree in Engg, Math Finance, Applied Mathematics, Financial Engineering, Software Engineering
• Work Experience- 3+ years in a financial industry related experience is desired.