Middle Office Risk Support Associate Jobs Opening in For a Client of TeamLease Digital at Mumbai
Middle Office Risk Support Associate
Job Description
Daily monitoring and escalation of Counterparty & Credit Risk generated by the Equity
&Fixed Income Business.
2. Correct application of Credit Policies to the trading activity.
3. Crisis ad-hoc events management
4. Market risk scenario & limits analysis and tracking
5. Non Market Risk Analysis and support within these business critical mandates, the
MORS team's directive covers daily processing functions, critical control responsibilities
as well as in-depth counterparty risk monitoring, such as: - Counterparty trade control:
correct application of credit approval process and independent amount setting on a trade
by trade basis.
6. Monitoring exposure to specific underliers/ countries, or exposure based on portfolio
composition versus specific risk parameters (long or short volatility or delta).
7. Monitoring counterparties' ratings, concentration risks, slides analysis
8. Ad hoc Credit analysis and credit exposure calculation & analysis driven by market
events.
9. Management of counterparty risk initiatives, such definition and implementation of
solutions to enable automation of trade level upfront margin calculation
10. Methodology development: development of parameter based calculations, competitive
analysis.
11. Successful delivery of enhancements to platforms & system flows to streamline credit
approvals and counterparty limit monitoring.
The successful candidate will be working closely with the Business Unit Risk Management
function and will be expected to build strong relationships with the Trading desks, Sales and
Credit & Market Risk functions in order to maintain a controlled environment and deliver business
goals for the Equity division in NA. The candidate will also be expected to drive change, enhance
existing controls and work with their team & IT to identify areas for automation / development.
The candidate will be responsible for the following:- Ensure smooth & controlled running of daily
activities protecting the firm's franchise- Maintain a strong control framework and full ownership
of the Key Risk Indicators.- Define and drive the prioritization of the strategic agenda- Build
relationships with key business stakeholders understanding additional support- Act as main
escalation point to the Business Unit on counterparty and non-market risk related issues
Job Particulars
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