Job Description
JOB SUMMARY
DB Centre is looking for extremely bright candidates with science-based academic background, ideally an engineer to work in the field of Counterparty Portfolio Management (CPM) and CVA trading. The CPM team trades on the credit risk on trades with uncollateralized counterparties. The desk also offers structured credit hedging solutions to clients. The team is also involved in the development of bank-wide risk infrastructure focusing on efficiently and accurately quantifying counterparty risks and derivatives funding requirements. The incumbent will be involved in evaluating, risk managing all counterparty risk for the CB&S business.
Successful candidates will receive formal training in financial markets and product skills, followed by a structured development program under the supervision of experienced front office staff.
ROLE RESPONSIBILITIES:
• Regular monitoring of the portfolio (including external market parameters such as stock price, CDS, credit ratings and news) to identify possible defaults early enough to help build hedging strategies
• Provide support to the CPM trading team on all quantitative analyses, ad-hoc projects
• Standalone and marginal FVA analysis
• Standalone and marginal CVA analysis
• Detailed portfolio analysis to identify risk concentrations and sensitivity to macro factors
• Examine counterparty-level portfolio credit risk using existing front-office trading risk management systems
• Initiate and execute process optimization, automation and ad-hoc analytics projects
IMPACT OF THE ROLE (Benefit to the Bank):
• Helps the bank to efficiently manage funding requirements and CVA exposure of counterparties, and charge clients based on their relative credit profiles.
PERSON SPECIFICATION:
Technical Skills:
• Undergraduate degree with a Business, Quant, IT Programming or Engineering background with - computer programming is desired.
• You should be highly quantitative, with a basic understanding or finance and derivatives.
Behavioral Skills: (e.g. communication skills)
• Ability to work independently and abstract new concepts.
• Developed leadership and organizational skills.
• Communicates effectively and uses clear concise language when articulating ideas and issues.
• Superior analytical skills
• Ability to work well in a team
• The candidate should be detail orientated
• Good problem solving instincts.
We are looking at Associate/AVP candidates.
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about
DB Centre is looking for extremely bright candidates with science-based academic background, ideally an engineer to work in the field of Counterparty Portfolio Management (CPM) and CVA trading. The CPM team trades on the credit risk on trades with uncollateralized counterparties. The desk also offers structured credit hedging solutions to clients. The team is also involved in the development of bank-wide risk infrastructure focusing on efficiently and accurately quantifying counterparty risks and derivatives funding requirements. The incumbent will be involved in evaluating, risk managing all counterparty risk for the CB&S business.
Successful candidates will receive formal training in financial markets and product skills, followed by a structured development program under the supervision of experienced front office staff.
ROLE RESPONSIBILITIES:
• Regular monitoring of the portfolio (including external market parameters such as stock price, CDS, credit ratings and news) to identify possible defaults early enough to help build hedging strategies
• Provide support to the CPM trading team on all quantitative analyses, ad-hoc projects
• Standalone and marginal FVA analysis
• Standalone and marginal CVA analysis
• Detailed portfolio analysis to identify risk concentrations and sensitivity to macro factors
• Examine counterparty-level portfolio credit risk using existing front-office trading risk management systems
• Initiate and execute process optimization, automation and ad-hoc analytics projects
IMPACT OF THE ROLE (Benefit to the Bank):
• Helps the bank to efficiently manage funding requirements and CVA exposure of counterparties, and charge clients based on their relative credit profiles.
PERSON SPECIFICATION:
Technical Skills:
• Undergraduate degree with a Business, Quant, IT Programming or Engineering background with - computer programming is desired.
• You should be highly quantitative, with a basic understanding or finance and derivatives.
Behavioral Skills: (e.g. communication skills)
• Ability to work independently and abstract new concepts.
• Developed leadership and organizational skills.
• Communicates effectively and uses clear concise language when articulating ideas and issues.
• Superior analytical skills
• Ability to work well in a team
• The candidate should be detail orientated
• Good problem solving instincts.
We are looking at Associate/AVP candidates.
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about
💡 Quick Summary
Seeking a career-building opportunity? The CPM Credit Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.