Job Description
Roles and Responsibilities
Role & Responsibilities:
1) Implementing Shocks of various scenarios in Front Office Systems
a. Understanding of various asset classes such as Rates, FX, Equity, Commodity, Credit b. Understanding of Front Office systems and valuation of asset classes
c. Attention to Detail
2) Validation of implemented Shocks
a. Understanding of Greeks for various asset classes
b. Ability to quickly turn around on deliverables
c. Ability to answer queries from Audit or MVG
3) Investigation of pricing failures and missing trades
a. Good Communication skills to clearly explain the issue to Quants/Front Office to find a resolution
b. Knowledge of various derivative products is required to provide preliminary
investigation to Quants
4) Controls & Monitoring
a. Continuously improve controls on the current processes to reduce Operational Risk Events
b. Innovate & automate processes to reduce time & effort
c. Raise any new risks identified in the implemented processes to management promptly
Role & Responsibilities:
1) Implementing Shocks of various scenarios in Front Office Systems
a. Understanding of various asset classes such as Rates, FX, Equity, Commodity, Credit b. Understanding of Front Office systems and valuation of asset classes
c. Attention to Detail
2) Validation of implemented Shocks
a. Understanding of Greeks for various asset classes
b. Ability to quickly turn around on deliverables
c. Ability to answer queries from Audit or MVG
3) Investigation of pricing failures and missing trades
a. Good Communication skills to clearly explain the issue to Quants/Front Office to find a resolution
b. Knowledge of various derivative products is required to provide preliminary
investigation to Quants
4) Controls & Monitoring
a. Continuously improve controls on the current processes to reduce Operational Risk Events
b. Innovate & automate processes to reduce time & effort
c. Raise any new risks identified in the implemented processes to management promptly
💡 Quick Summary
Seeking a career-building opportunity? The Stress Testing Implementation| Investment Bank | |NYF561 position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, Maharashtra 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.
