Market Risk Manager-Mid office-Mumbai

Job Description:

Overview of Functions:

1. Treasury Middle-Office (TMO) functions including:
   • Treasury P&L calculation, attribution, reconciliations and management reporting
   • Monitoring & reporting of Market Risk Limits
   • Counterparty exposure monitoring
   • Performing Stress Testing, Scenario Analysis, Rate Scan
   • Market Risk Capital Charge Computation
   • Regulatory Reporting for Market Risk including RBS, RBI Stress Testing etc
   • Risk Notes to the ALCO and Board of Directors
   • ALM reporting

The manager is expected to ensure the following:

• Accuracy of all TMO monitoring & reporting {Aim must be ‘zero error’. All possible checks and controls must be ensured. Constant drive to automate & remove manual interventions}
• Timeliness {Constant drive to make reporting faster. Strive towards real-time reporting}
• Efficiency {achieve more with less}
• Reduce person-dependency in the TMO team by building back-ups within the team and meticulous documentation of all processes.
• TMO Monitoring & reporting must be designed to provide insights to management
• Compliance with all regulatory & Bank policy requirements. The department must ensure best performance in all audits and regulatory assessments/inspections.
• Constantly benchmarking with industry best-practices.

2. The manager must constantly re-engineering Treasury Middle-Office processes.
3. Functional leadership in IT Automation projects for Treasury Middle-Office
4. Ensuring compliance of Treasury with all regulatory guidelines
5. Liaison with Regulators, Internal, Statutory and Concurrent Auditors and ensuring that Treasury Middle Office meet all requirements

Requirements:

6. The candidate have experience in Treasury Middle Office/Market Risk function
7. CA or MBA from a reputed institute
8. Strong technical skills (particularly in Ms Excel). Knowledge of VBA, Python, SQL is a plus
9. Must be able to maintain good professional working relationships with all other departments including Treasury Front & Back office, Compliance, Internal Audit, other Risk Management functions.
10. Must be able to lead the team ably, be able to set and execute targets. He must be able to guide, mentor and motivate his team towards success.