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Job Description

Job Duties
Counterparty Credit Risk Reporting (CCRR)
Counterparty Credit Risk Reporting is responsible for generating risk reports used for identifying, assessing, and mitigating risks associated with counterparties, including financial institutions, corporations, and other entities. The role involves supporting counterparty credit risk managers by providing risk reports that monitor counterparty credit risk metrics on a timely manner. Which covers generating Financial Markets Credit Exposure reports covering risk metrics like Potential Future Exposure (PFE)/ Derivative Loan Exposure (DLE)/ Current exposure etc. Team monitors pre-settlement, settlement and post settlement risk. Risk reporting involves daily, weekly, bi-weekly, monthly and quarterly reporting that is circulated within the bank and also reporting that goes for regulatory submission. Global, regional, local and legal entity wise reporting are handled by the reporting team members.
OTC, SFT and ETD products exposure monitoring is done on a daily basis. Reporting team monitors risk exposures against limit and Risk Appetite. Team works closely with risk managers for excess remediation and risk reporting queries. Reports prepared by the team provides meaningful aggregation for users to review the top and regional data where required.
CCR Reporting team and team members are also responsible for preparing reports across various financial market products like Asset Backed Securities across desks for monitoring risk against the portfolio limits. Risk reports to monitor repo and reverse repo products to capture all Fixed Income Securities financing trades covered under Repo/Reverse Repo/Stock Borrowing/Stock Lending Businesses are generated by the team on a daily basis.
Reporting team also monitors risk appetite across FM for Secured Financing business monitoring Cash out on a bi-weekly basis. Counterparty credit risk stress monitoring reports are also handled by the team to monitor CCR NCE Increase and covers global and topical scenario. CCR Localised Stress Dashboard is used to monitor the Red, Amber, and EANPP counterparties from Localised Scenarios on a weekly basis.
CCR reporting team members will work closely with RFO, FM Operations and Risk Data Quality teams etc to ensure accurate risk reporting, data sourcing and approval of risk numbers. Team also monitors SCB s exposure to various clearing houses and clearing brokers
Top 100 Counterparty Credit Exposure Reporting is a weekly/ monthly reporting requirement from PRA which handled by the team. The data is collated by PRA on behalf of European Banking Authority which is keen on understanding the movement of funds between large Corporate Groups, FIs and Government bodies because of transactions done on Global Market Products
Apart from above mentioned risk reporting team covers an array of different exposure management and MIS reports that reach a gamut of TRM personnel and often under scrutiny and changes.
The production and distribution of daily, weekly & monthly Counterparty Credit Risk reports, within defined KPI targets and record keeping of any data adjustments made.
Qualification/Desired Skills
  • Post-Graduation in Finance with relevant 3+ yrs experience
  • Risk Certifications from established institutions is recommended
  • FRM Certified candidates will be preferred
  • Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS/ will be preferred
  • Strong knowledge in banking products across asset classes (FX/Rates/ Equity/ Credit and Commodities)
  • Strong knowledge in Counterparty credit risk and Market risk
  • Strong knowledge in Data Analytics (Including ML capabilities)
  • Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures.
  • Excellent communication skills - verbal and written
  • Ability to work under pressure
  • Have excellent attention to detail
  • Be able to work in a global team
  • Expertise in programming language is not required but good to have
  • Strong knowledge in MS Excel, Access
  • Documentation skills
  • Working knowledge of the Group s businesses, governance structure and approach to risk management

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Crisil
Crisil

Financial Services

Mumbai Maharashtra

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