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Specialist, Market & Liquidity Risk

7.00 to 10.00 Years   Mumbai City   20 May, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaRisk / Underwriting
EmploymentTypeFull-time

Job Description

    *Risk Management Group works closely with our business partners to manage the bank s risk exposure by balancing its objective to maximize returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure. Job Purpose :- Responsible for governance, risk control, reporting of Market / Liquidity risk of the bank. Key Accountabilities :-
    • Market / Liquidity Risk governance and policy formulation and updation in line with Bank s risk appetite and regulatory framework
    • Ensure adherence to various market / liquidity risk metrics
    • Coordinate with different stakeholders in the Bank and at HO to ensure market /liquidity risk governance
    • Coordinate with auditors to ensure compliance.
    • Interact with senior management and committees in areas relating to market / liquidity risk.
    Job Duties & responsibilities :-
    • Ensure the policies are in line with regulatory framework and as per the risk appetite of the Bank.
    • Monitor the risk metrices in market / liquidity risk.
    • Annual review of market and liquidity risk limits and policies.
    • Performing stress testing and analyzing the impact.
    • Use analytical methods for measuring market / liquidity risk
    • Highlight to senior management areas of concern in the areas of market and liquidity risk.
    • Ensure compliance with internal and regulatory guidelines.
    • Handling 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 / liquidity risk and assisting HO in automating various systems.
    • Handle Business Continuity Processes and Disaster Recovery activities associated to the unit.
    • Additionally, candidate needs to have an understanding of Treasury products especially in the Indian Banking context.
    • He/ She should understand the impact of changes in any of the product features on the market & liquidity risk measures.
    • Knowledge of Murex is an added plus.
    Required Experience :- Over 7 years of experience in Market & Liquidity Risk. Education / Preferred Qualifications :- Ability to work and interact with the team, peers and seniors. Good analytical skills. Knowledge about Banking and regulations. Knowledge of Computer coding will be an asset. Technical Competencies :- Good knowledge about Treasury products, their valuation, regulations and the risk associated with them. Good understanding of both assets and liability products offered by the Bank. Work Relationship :- Ability to work with peers and also with senior management of the Bank. Work with team members and ensure a delivery by the team.,

Keyskills :
risk controlliquidity riskstress testingrisk governancesenior managementdisaster recovery

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