Risk Lead

Job Description

Key Skills: Market Risk, Credit Risk, Murex. Roles and Responsibilities: Lead and manage the implementation of Value at Risk (VaR) models and other market risk metrics, ensuring they align with industry standards and best practices. Ensure the accurate and timely calculation of key market risk metrics, such as expected shortfall, stressed VaR, stress testing, and scenario analysis. Provide functional expertise on financial products and valuation methodologies, covering various asset classes like vanilla IRS, CCS, FX Forwards, and others. Drive the development and enhancement of market risk systems, working closely with technology teams to ensure accurate risk calculations and data integrity. Collaborate with various stakeholders, including business users, project managers, and team leads, to ensure business requirements are met in risk solutions. Communicate complex technical topics clearly to non-technical stakeholders, ensuring a clear understanding of risk metrics and processes. Investigate and resolve issues quickly by troubleshooting and working with relevant teams to identify the root cause and implement solutions. Stay up-to-date with regulatory changes and ensure compliance with frameworks such as Basel II, Basel III, FRTB, and other market risk regulations. Lead and support the system implementation and configuration of market risk platforms like Murex, Calypso, or Finastra (if applicable). Mentor and guide junior team members, promoting best practices in risk management and system implementation. Experience Requirement: In-depth understanding of VaR (Value at Risk) and hands-on implementation experience. Good understanding of key market risk concepts such as expected shortfall, stressed VaR, stress testing, and scenario analysis. Functional knowledge of various financial products and their valuation methodologies across asset classes, such as vanilla IRS, CCS, and FX Forwards. Exposure to and understanding of regulatory frameworks like Basel II, Basel 2.5, Basel III, and FRTB. Strong technical expertise in market risk system implementation and platform exposure (Murex, Calypso, Finastra, etc.). Strong problem-solving skills with the ability to debug issues quickly and effectively, collaborating with cross-functional teams to identify solutions. Excellent communication skills, with the ability to convey complex technical concepts to non-technical stakeholders. Education: Any Post Graduation, Any Graduation.