Global Market risk (FRTB) - Consultant/AM, Mumbai
AALUCKS Talent Pro
Full-time
Mumbai, Maharashtra, IndiaINR 1,800,000 - 2,600,000/yearPosition: Global Market risk (FRTB) - Consultant/AM, Mumbai
Skill Set:
Market Risk, Pricing Models, Model Validation, Python, Counterparty Credit Risk, Risk Indicators, VAR, Stress Testing, Excellent English communication skills
Department: Market Risk Experience: 2 to 6xyears Job Type: Full Time Number of Positions: 1 Location: Mumbai
Job Description:
Roles & Responsibilities:
• Develop and/or validate market risk and pricing models, including: • FRTB (IMA) • Value-at-Risk (VaR), Stressed VaR (SVaR) • Risk Not in VaR (RNIV), P2A • Counterparty Risk Exposure models • XVA and stress testing models • Perform end-to-endmodel validation, including benchmarking, outcome analysis, and impact assessment. • Prepare high-quality model validation reports, clearly documenting assumptions, limitations, and identified weaknesses. • Ensure all work is well-documented, concise, and reproducible. • Track, manage, and close model-related findings effectively. • Conduct model risk assessments, including robustness analysis and identification of model limitations. • Provide subject matter expertise (SME) on models and model risk to global teams. • Work on derivative pricing and valuation models, covering both plain vanilla and exotic instruments. • Ensure adherence to model risk management guidelines, such as SR 11-7 or equivalent regulatory frameworks.
Required Skills & Expertise:
• Strong experience in Market Risk and FRTB modeling or model validation/ development • Qualications: CA, MBA Finance, PGD (Preferably Finance)
In-depth knowledge of:
• Financial risk management practices • Regulatory expectations and model risk governance • Proficiency in Python and working knowledge of SQL. • Strong documentation and reporting skills. • Advanced proficiency in Microsoft Word, Excel, PowerPoint, and LaTeX.
Additional Information:
- Short Joiners Preferred with immediate to Max 30 days notice.
- Interview Process: 2 to 3 rounds (Virtual and Final round can be F2F)
- Please confirm if you have applied in KPMG in the last 6 months.
- Consultant: 2 to 4 years (CA, MBA, PGD)
- Assistant Manager: 4 to 6 years (CA, MBA, PGD)
- Location : Mumbai Preferred ( Candidate can be based in Gurgaon/Bangalore but should be open to travel to Mumbai monthly, basis business requirements)
Required Qualification/Education:
Post-Graduate Diploma in Financial Management Post Graduate Diploma in Financial Markets Practice Master of Business Administration (M.B.A.) - Finance CA (Charted Accountant)
With a BIG4 Consulting Firm