Job Description
Job Description:
Job Title - MRSA, Associate
Location – Mumbai, India
Role Description
The Risk Methodology Analyst supports the detailed research, testing, calibration, and documentation of the Group's risk management models
Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.
The FRTB Strategic Production function within Group Strategic Analytics is principally responsible for daily analysis and control of various risk metrics. The role involves analysis of Standardized Approach Charge, Default Risk Charge and Risk Theoretical PnL for FRTB regulations. You will work with Market Risk Managers, FO quants, Risk Methodology experts to enable accurate risk measurement and help set up process for BAU implementation. This role also involves performing controls and checks to ensure completeness and accuracy of risk matrices. The role requires application of qualitative and quantitative techniques to analyze the data and a deep understanding of FRTB regulation.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
The specific role comprises the following responsibilities:
• Run all process and controls to check completeness, accuracy and timeliness for FRTB SA, DRC and RTPL numbers
• Finalize SA charge for respective businesses and at DB Group level and explain Day on Day, Week on Week and Month on Month drivers
• Identifies and remediates all Exceptions that are not being consumed in SA, DRC and RTPL – both at individual Asset Class level and at DB Group level
• Provide analytical support to Risk Managers and FO Strats to facilitate risk management / business decisions.
• Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as SA charge impact analysis for methodology, continuous improvement of processes and controls.
• Liaising with Market risk managers, FO quant, Change teams and Methodology to perform deep dives on data challenges in new market risk models/methodology changes/RNIV and implementation of new regulations such as FRTB and IHC examination
• Help specify requirements and test functionality for new feed set up, processes and ability to coordinate with Starts, FO and Risk Technology for seamless implementation of new data requirements and process enhancements
Your skills and experience
• A strong, relevant background and 5 years of experience working in an international Bank or comparable experience
• Depth knowledge of VaR methodologies – monte-carlo and historical simulation
• Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities.
• Market risk, Middle office, Valuations or Product control background with relevant subject matter expertise in one of the three disciplines
• MFE/MBA in Finance or relevant experience with Engineering, finance or quantitative/statistics background
• Good understanding of statistical distributions
• Excellent Communication skills and attention to detail
• Strong analytical, problem solving and critical thinking skills
• Advanced Excel and VBA skills
• A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
• Knowledge of languages such as R / Python / SQL preferred
• Certification such as FRM or CFA or CQF is preferred
How we'll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
Job Title - MRSA, Associate
Location – Mumbai, India
Role Description
The Risk Methodology Analyst supports the detailed research, testing, calibration, and documentation of the Group's risk management models
Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.
The FRTB Strategic Production function within Group Strategic Analytics is principally responsible for daily analysis and control of various risk metrics. The role involves analysis of Standardized Approach Charge, Default Risk Charge and Risk Theoretical PnL for FRTB regulations. You will work with Market Risk Managers, FO quants, Risk Methodology experts to enable accurate risk measurement and help set up process for BAU implementation. This role also involves performing controls and checks to ensure completeness and accuracy of risk matrices. The role requires application of qualitative and quantitative techniques to analyze the data and a deep understanding of FRTB regulation.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
The specific role comprises the following responsibilities:
• Run all process and controls to check completeness, accuracy and timeliness for FRTB SA, DRC and RTPL numbers
• Finalize SA charge for respective businesses and at DB Group level and explain Day on Day, Week on Week and Month on Month drivers
• Identifies and remediates all Exceptions that are not being consumed in SA, DRC and RTPL – both at individual Asset Class level and at DB Group level
• Provide analytical support to Risk Managers and FO Strats to facilitate risk management / business decisions.
• Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as SA charge impact analysis for methodology, continuous improvement of processes and controls.
• Liaising with Market risk managers, FO quant, Change teams and Methodology to perform deep dives on data challenges in new market risk models/methodology changes/RNIV and implementation of new regulations such as FRTB and IHC examination
• Help specify requirements and test functionality for new feed set up, processes and ability to coordinate with Starts, FO and Risk Technology for seamless implementation of new data requirements and process enhancements
Your skills and experience
• A strong, relevant background and 5 years of experience working in an international Bank or comparable experience
• Depth knowledge of VaR methodologies – monte-carlo and historical simulation
• Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities.
• Market risk, Middle office, Valuations or Product control background with relevant subject matter expertise in one of the three disciplines
• MFE/MBA in Finance or relevant experience with Engineering, finance or quantitative/statistics background
• Good understanding of statistical distributions
• Excellent Communication skills and attention to detail
• Strong analytical, problem solving and critical thinking skills
• Advanced Excel and VBA skills
• A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
• Knowledge of languages such as R / Python / SQL preferred
• Certification such as FRM or CFA or CQF is preferred
How we'll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
💡 Quick Summary
Seeking a career-building opportunity? The MRSA| Associate 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.
