Market Risk Analyst – Bank

Steps; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A Leading Bank in Mumbai is seeking a Market Risk Analyst to enhance market risk reporting and compliance processes. The successful candidate will work collaboratively across departments to streamline risk reporting and ensure adherence to regulatory guidelines. Applicants should hold a B.Tech and MBA with 1-4 years of experience in market risk. This role offers an opportunity to improve risk management practices in a dynamic environment.

Qualifications

• 1-4 years of experience in market risk, particularly VaR and Counterparty Credit Risk.
• Professional background in Indian Banks or Consultancy Firms working with Indian Banks.

Responsibilities

• Maintain and improve market risk reporting infrastructure and tools.
• Assess risk management systems and ensure compliance with policies.
• Conduct model variation exercises for Market Risk Measurement.
• Analyze financial data quantitatively and qualitatively.
• Ensure compliance with RBI and regulatory guidelines.
• Present findings through reports and make recommendations.

Skills

Understanding of market risk

Experience in risk reporting

Quantitative analysis

Regulatory compliance

Education

B.Tech + MBA

Job description

A Leading Bank :

Job Title – Market Risk Analyst

Place of work – BKC Mumbai

Business Unit – Risk

Function – Retail Risk

Qualification – B.Tech + MBA (Both must)

Experience : 1-4 Years of experience in the domain of market risk particularly VaR, Counterparty Credit Risk, Valuation of Derivative

Professional Background : Indian Banks/Consultancy Firms working with Indian Banks

Job Purpose:

The role holder has the responsibility to provide maintain and improve market risk reporting infrastructure and tools for the bank. The role holder is expected to develop and implement measures leading to the automation and streamlining of existing processes, collaborating with other departments to policies are accurately captured and processed through the risk systems.

Roles and Responsibilities:

• Assess risk management systems problems and comply with market risk policies
• Comply with SLA for delivery of risk reports
• Conduct model variation exercises for Market Risk Measurement
• Analyze financial statistical data quantitatively and qualitatively
• Ensure strict compliance of RBI and other regulatory guidelines
• Evaluate pricing and valuation models suitability within business context
• Present ideas via reports and presentations, outline findings and make recommendations for improvements
• Gather Latest Market intelligence and track and benchmark against best practices in competitor banks
• Support risk reporting production by Market Risk Reporting & Analytics team
• Develop and deliver risk training and reporting that is tailored to the relevant audience
• Capture and share best- practice knowledge amongst the team
• Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service
• Leverage in-house synergies through collaboration with internal stakeholders