Risk Management Professionals

7 - 12 years

7 - 11 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

IndustryStandards Job Description:
We are seeking a highly skilled and experienced Risk Management Specialist to join our team. Theideal candi will have a strong background in financing and extensive knowledge of riskmanagement principles, with expertise in model validation, regulatory reporting, derivatives,and ket risk management. As a Risk Management Specialist, you will be responsible forensuring the accuracy, reliability, and effectiveness of various financial models and riskmanagement practices. This role requires proficiency in programming languages such as C, C++,Python, as well as advanced knowledge of MS Excel, Matlab, and statistical modeling techniques.
  • Lead and execute model performance itoring, validation, and redocumentation projectsfor a diverse range of derivative products and models, ensuring adherence to modelgovernance and risk management principles.
  • Identify, quantify, and vali model risks, providing actionable recommendations formodel improvements and risk mitigation strategies.
  • Independently or collaboratively perform various initial and ongoing model validationtasks, including creating approach notes and testing plans, iding on appropriatebench king methodologies, and developing challenger models for high-risk models.
  • Develop and implement robust testing procedures using coding frameworks such as C# andC++, including bench king, limit testing, convergence analysis, risk-based PAA, andstress testing.
  • Collaborate with cross-functional teams to streamline model documentation and ensurealignment with current specifications, methodologies, and risk profiles.
  • Manage and mentor a team of risk professionals, setting clear goals and expectations,providing regular feedback and coaching, and fostering collaboration and knowledgesharing.
Skills:
  • Minimum of 7 years of experience in risk management, with a focus on model validation,regulatory reporting, and derivatives.
  • Proficiency in programming languages such as C, C++, Python, and advanced knowledge ofMS Excel, Matlab, and statistical modeling techniques.
  • Strong understanding of ket risk management principles, CCAR requirements, andregulatory frameworks.
  • Excellent communication skills with the ability to effectively interact with clients andcross-functional teams.
  • Proven leadership experience, including the ability to manage and mentor a team ofprofessionals.
Educational Qualification:
  • Bachelor s degree in financial engineering, Computer Science, Mathematics, or relatedfield.
  • Certificate in Quantitative Finance (CQF) preferred.

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