Job Title: Stress Testing / Scenario Analysis

  • Company:
  • Location:
  • Salary:
    negotiable / month
  • Job type:
  • Posted:
    2 weeks ago
  • Category:
    Recruitment/Placement Agencies | Consulting Services

Skill: insurance , trading , fundamentals , trade finance , investment banking , banking , fx , portfolio , credit risk , pricing models , portfolio analysis , mergers , transaction banking , valuation , trade , market risk , risk , corporate banking; Exp: 0-3 years; Job Id 619 Job Title Stress Testing / Scenario Analysis Industry Banking, Financial Servcies & Insurance Functional Area Analytics & Business Intelligence Salary 25 Lac – 30 Lac About the Client The company is one of the leading Corporate and Investment Banking Centre, wholly owned subsidiary of an Investment Bank based in Mumbai. In CIB, the Company carries out its capital markets business, including its origination, sales and trading activities in debt, equity and other securities, as well as its advisory, credit and transaction banking businesses. It is further sub-divided into the Corporate Divisions Corporate Banking & Securities (CB&S) and Global Transaction Banking (GTB). CB&S includes the Business Divisions Markets and Corporate Finance, which globally carry out its securities origination, sales and trading businesses, as well as its mergers and acquisitions advisory and corporate finance businesses. Global Transaction Banking its cash management for corporate and financial institutions, trade finance business, as well as trust and securities services. Job Description This role will comprise the following key responsibilities Lead the EMG Mumbai team to ensure objectives are met according to business requirements and in line with the values of the bank. Own the daily EMG Stress Testing risk validation process to ensure regulatory and business requirements are met. This may require to perform investigation into a wide range of production issues as an individual or as part of a team. Support regular quantitative analysis like backtesting or recalibration for internal margin methodologies. Potential to support IM / PFE / VaR calculations for live transactions and specific portfolio analysis. This may involve working with existing spreadsheet tools or setting up customized tools which use the banks internal pricing models Potential to engage further in CCR RWA analysis and optimization Liaise with other areas of the bank, in particular Credit Risk, Market Risk and Front Office Review and Validate Daily / Monthly Stress Test Reports to be used by senior EMG and CRM Analysts Document new processes and procedures relating to Stress Testing Communicate updates and results to senior management within Risk and the Business Support in production of material to be distributed to regulators Define reporting requirements in conjunction with other Risk teams and Front Office partners Participate in bank wide working groups and committees Desired Candidate Profile Strong mathematical and statistical background Good understanding of VaR concepts or EPE/PFE, valuation and margining approaches and methodologies Good knowledge of rates, FX, commodities, equities and credit business areas and products Understanding of risks both on trade and portfolio level Good analytical skills, able to demonstrate flexibility regarding problem solving Ability to work in fast paced environment Advanced knowledge in MS Office (Excel, Access and VBA in particular) Experience in use of Relational Databases and PL/SQL (Fundamentals) Open minded, able to share information, transfer knowledge and expertise to team members. Excellent communication, both written and oral Good team-working & team management skills Comfortable working across different time zones.

Banking -General


Experience: 0-3

Function: Finance / Insurance Services