The role involves:
• Understanding of dynamics of market data inputs, trade attributes and market risk sensitivities required for analyzing VAR/ERC/IRC movements.
• Ensure completeness of the underlying sensitivity data; perform exception clearing and necessary data adjustments.
• Review and Validate material day- on-day changes in underlying risk sensitivities.
• Liaise with respective IT and support teams to resolve any data related issues.
• Review and Validate material day-on-day changes in calculated risk measures (VAR/ERC/IRC), accurately attributing to input data changes identified by Market Risk Data Management and Control Team, market data changes in time series and risk computation methodology changes.
• Provide accurate and meaningful commentary to highlight driver(s) of material calculated risk measures (VAR/ERC/IRC) in validation templates.
• Notification to Market Risk Reporting and Analytics team on a possible delay, reason of delay and ETA on completion of Market Risk measures validation process.
• Perform Market Risk Data Quality Management to capture Time Series data / methodology issues if any. Inform and/or escalate to appropriate teams, and follow up on remediation plan in a timely manner.
• Understanding front-to-back data flows and system architecture.
• To participate in the roll out of enhancements in risk systems, processes and data feeds as well as contributing to various tactical and strategic projects and
• Working closely with the Business, IT Departments, Controllers, Operations and your counterparts in other regions.
• To participate in the roll out of enhancements in risk systems, processes and data feeds.
Overview of the department / team (team , backgrounds, personalities …):
Candidate will be part of the Risk & Finance Data Provisioning – Market Risk Validation team which performs exception clearing, sensitivity data validation checks and VAR, ERC and IRC moves validation. Existing team is approx. 50 and is based in Mumbai- Powai office.
Challenges Contractor will be facing in this role:
Suggestion: Adding information about the most important challenges the Contractor will face in this role will help the agency ensure they select the most suited candidates, those who can overcome these challenges
Essentials Skills and Qualifications:
Graduate or Post-Graduate in Finance/Statistics/Economics/Sciences/Mathematics.
Completed or currently taking the CFA or FRM qualifications would be desirable
Source
No comments:
Post a Comment