Job Description

Responsible for governance, risk control, reporting of Market risk of the bank.

• Market Risk governance, policy formulation/refinements and risk control in line with the Bank's risk appetite and regulatory framework
• Ensure adherence to various market risk metrics
• Coordinate with different stakeholders in the Bank and at HO to ensure market risk governance and control
• Coordinate with auditors and ensure compliance.
• Interact with senior management and committees in areas relating to market risk

Job Duties & responsibilities (List the principal duties. Use concise statements that provide a clear understanding of the level of responsibility, complexity, creativity and analysis performed in this position.)

• Ensure the policies are in line with regulatory framework and as per the risk appetite of the Bank.
• Monitoring and reporting the risk metrics for market risk for risk control and regulatory purposes
• Annual review of market risk limits and policies.
• Performing stress testing and analyzing the impact.
• Use analytical methods for measuring market risk
• Highlight to senior management areas of concern in the areas of market risk.
• Ensure compliance with internal and regulatory guidelines.
• Handling external /regulatory audit queries/requirements or issues raised by various departments and resolving it on timely basis.
• System testing and validation of new products and risk functionalities.
• Liaising with HO in matters related to market risk
• Automation of market risk related processes/sub processes based on feasibility
• Handle Business Continuity Processes and Disaster Recovery activities associated to the unit.

Required Experience

• Over 8 years of experience in Market Risk

Education / Preferred Qualifications

• University graduation
• MBA / PGDBA or equivalent
• CFA, FRM equivalent preferred

Core Competencies

• Ability to work and interact with the team, peers and seniors.
• Good analytical and quantitative skills.
• Knowledge about Banking and regulations.
• Knowledge of data handling, analysis using MS office ( especially MS Excel) and coding will be an asset.

Technical Competencies

• Knowledge of Treasury products & systems, their valuation, regulations and the risk associated with them will be a plus.
• Knowledge of assets and liability products offered by the Bank will be a plus.

Work Relationship

• Managing the team and work with them to ensure delivery and execution
• Ability to work with peers across teams and also with senior management of the Bank.

Skills Required