Job Description
Contract Duration – 1 year
Shift Timing – 12:00pm to 09:00pm IST (can be changed)
Years of Experience – 1 to 3 years
Must to have skills
i. Excellent Communication skills
ii. Stakeholder Management
iii. Right Attitude
iv. Basic to Advance Excel (vlook-up, formulas, pivot etc)
Good to have skills
i. Power BI / Alteryx
Mode of interview – Zoom
WFO/WFH – Hybrid (3 days WFO)
Notice Period – Immediate to 30 days max
The team supports the Business Unit Risk Management function, which key responsibilities include:-
- Daily monitoring and escalation of Counterparty & Credit Risk generated by the Equity &Fixed Income Business.
- Correct application of Credit Policies to the trading activity.
- Crisis ad-hoc events management
- Market risk scenario & limits analysis and tracking
- Non Market Risk Analysis and support within these business critical mandates, the MORS team's directive covers daily processing functions, critical control responsibilities as well as in-depth counterparty risk monitoring, such as: - Counterparty trade control: correct application of credit approval process and independent amount setting on a trade by trade basis.
- Monitoring exposure to specific underliers/ countries, or exposure based on portfolio composition versus specific risk parameters (long or short volatility or delta).
- Monitoring counterparties' ratings, concentration risks, slides analysis
- Ad hoc Credit analysis and credit exposure calculation & analysis driven by market events.
- Management of counterparty risk initiatives, such definition and implementation of solutions to enable automation of trade level upfront margin calculation
- Methodology development: development of parameter based calculations, competitive analysis.
- Successful delivery of enhancements to platforms & system flows to streamline credit approvals and counterparty limit monitoring.
The successful candidate will be working closely with the Business Unit Risk Management function and will be expected to build strong relationships with the Trading desks, Sales and Credit & Market Risk functions in order to maintain a controlled environment and deliver business goals for the Equity division in NA. The candidate will also be expected to drive change, enhance existing controls and work with their team & IT to identify areas for automation / development. The candidate will be responsible for the following:- Ensure smooth & controlled running of daily activities protecting the firm's franchise- Maintain a strong control framework and full ownership of the Key Risk Indicators.- Define and drive the prioritization of the strategic agenda- Build relationships with key business stakeholders understanding additional support- Act as main escalation point to the Business Unit on counterparty and non-market risk related issues
Qualifications –
- Bachelor's degree required.
- OTC Derivative products experience a plus.
- Prior experience in Collateral, Credit or Market Risk a plus.
- Strong analytical mindset & strong control focus with ability to initiate and drive projects.
- Good communication & relationship building skills.
- Bachelor's degree required.
- Proven ability to manage a complex agenda, in partnership with senior stakeholders.
