AK Group – Vice President – Market Risk A K Capital Services

The Corporate Institute; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a VP - Market Risk to lead the market risk function across the treasury and investment book. You will oversee exposure controls for G-Secs, SDLs, corporate bonds and CPs, and drive risk reporting to the Risk Committee.

Responsibilities include setting limits on duration, PV01 and VaR, running stress tests, and ensuring RBI-aligned valuation and audit readiness. You will mentor a small team and collaborate with Treasury, Investments, Finance and Credit.

Qualifications

• 8–12 years in market risk at a bank, PD or treasury-heavy NBFC.
• Regulatory and RBI investment norms knowledge desirable.

Responsibilities

• Own market risk on treasury and investment book: G-Secs, SDLs, corporate bonds and CPs.
• Set and monitor limits on duration, PV01, VaR and concentration, and escape breaches the same day.
• Run stress tests and scenario analysis for rate and spread moves; present results to the Risk Committee.
• Provide market risk inputs to ALCO/Risk Committee and collaborate with Treasury, Investments, Finance and Credit.
• Review valuation and mark-to-market practices in line with RBI norms.
• Keep the market risk policy current and audit-ready for RBI inspection.
• Lead and develop a small team.

Skills

Market risk

VaR

Stress testing

Limit setting

Team leadership

Regulatory compliance

Education

CA/MBA/FRM preferred

Job description

Role: VP - Market Risk

Location: Mumbai

Role Purpose: Lead the market risk function for the NBFC/group, covering the fixed-income investment/trading book, interest-rate risk and related market exposures.

Job Responsibilities:

• Own market risk on the treasury and investment book: G-Secs, SDLs, corporate bonds and CPs.
• Set and monitor limits on duration, PV01, VaR and concentration, and escape breaches the same day.
• Run stress tests and scenario analysis for rate and spread moves; present results to the Risk Committee.
• Provide market risk inputs to ALCO/Risk Committee and work closely with Treasury, Investments, Finance and Credit.
• Review valuation and mark-to-market practices in line with RBI investment norms.
• Keep the market risk policy current and ready for audit and RBI inspection.
• Lead and develop a small team.

Experience & Qualification:

• 8 – 12 years in market risk at a bank, PD or treasury-heavy NBFC.
• CA/MBA/FRM preferred