Market Risk Specialist - AVP

As a Market Risk Specialist • AVP within the MRPM Backtesting team, you will play a key role in investigating and managing Backtesting. You will work closely with stakeholders across PCG, Market Risk Management, RegLiason team, and Quants. Your role will involve combining strong technical skills with regulatory and legal entity awareness to support effective risk and capital management. Collaborating across teams to deliver accurate and timely risk reporting is crucial in this position. Key Responsibilities: - Collection and analysis of market data from various sources to ensure correct capture, modeling, and capitalization of risk. • Escalation of critical risk issues or breaches to Traders and senior Risk Management Leadership teams for timely action. • Review and provision of feedback on market risk models including change governance. • Conduct internal, regulatory, and scenario stress testing for the Trading portfolio. • Steer and execute projects of market risk wide-significance such as FRTB, One Risk. Qualifications Required: - Solid understanding of Products such as IRS, Sov Bonds, XCCY Swap, CDS, CDX, Equity, and Options and the associated risks. • Understanding of legal entity implications in risk management for different legal entities. • Holistic knowledge of Market Risk management, VaR/SVaR, Stresses, and bespoke risk-specific scenario analysis. • Technical knowledge in SQL/VBA/Python. As a Market Risk Specialist • AVP, you are expected to have the ability to coordinate with multiple teams to publish reports on a timely basis. Your postgraduate or similar degree should provide a good understanding of Financial Markets and associated instruments. Being self-motivated, taking ownership of responsibilities, and possessing excellent communication skills are highly valued in this role. The location of this role is Mumbai/Pune. Please note that the following company details were not mentioned in the provided Job Description. As a Market Risk Specialist • AVP within the MRPM Backtesting team, you will play a key role in investigating and managing Backtesting. You will work closely with stakeholders across PCG, Market Risk Management, RegLiason team, and Quants. Your role will involve combining strong technical skills with regulatory and legal entity awareness to support effective risk and capital management. Collaborating across teams to deliver accurate and timely risk reporting is crucial in this position. Key Responsibilities: - Collection and analysis of market data from various sources to ensure correct capture, modeling, and capitalization of risk. • Escalation of critical risk issues or breaches to Traders and senior Risk Management Leadership teams for timely action. • Review and provision of feedback on market risk models including change governance. • Conduct internal, regulatory, and scenario stress testing for the Trading portfolio. • Steer and execute projects of market risk wide-significance such as FRTB, One Risk. Qualifications Required: - Solid understanding of Products such as IRS, Sov Bonds, XCCY Swap, CDS, CDX, Equity, and Options and the associated risks. • Understanding of legal entity implications in risk management for different legal entities. • Holistic knowledge of Market Risk management, VaR/SVaR, Stresses, and bespoke risk-specific scenario analysis. • Technical knowledge in SQL/VBA/Python. As a Market Risk Specialist • AVP, you are expected to have the ability to coordinate with multiple teams to publish reports on a timely basis. Your postgraduate or similar degree should provide a good understanding of Financial Markets and associated instruments. Being self-motivated, taking ownership of responsibilities, and possessing excellent communication skills are highly valued in this role. The location of this role is Mumbai/Pune. Please note that the following company details were not mentioned in the provided Job Description.