Job Description

Dear Candidate,
We have a job opening for one of our client for below mentioned position.

Role : ERS - AM / DM - GRR - FCMAV
Experience : 2 to 8 Yrs
Location : Mumbai, Maharashtra

Job Title : ERS - AM / DM - GRR - FCMAV

Description :
Key areas of responsibility
Undertake independent valuations of financial instruments to validate valuations undertaken by clients and relevant valuation models Engage with clients to understand specific problem areas and deficiencies, if any, pertaining to market risk management Conduct reviews of market risk management framework, including qualitative elements such as policies, limit management, MIS & reporting frameworks etc.
Assist clients in strengthening market risk management framework to comply with regulatory requirements and industry leading practices Recommend remedial action steps to address gaps identified
Develop policies, procedures and associated documents for market risk management frameworks
Develop capital computation methodologies under Basel II standardized and advanced approaches
Develop risk measurement models for market risk management, including models for NOP, VaR, PV01, Expected Shortfall, Greeks etc.
Assist in development of new solutions for the firm, based on market requirements and business line strategy
Develop Thought Leadership articles around solutions to create market awareness and visibility
Participate in organizing symposiums, conferences etc. to create better brand and solution visibility

Candidate profile
General requirements
Candidates should have at least 2 + years of experience of working in a bank’s treasury middle office or market risk function. They may also be from the risk consulting or risk systems implementation space.
Candidate should have knowledge and understanding of the products traded in the Indian financial markets and their valuation methodologies.
Candidate should have thorough understanding of financial derivatives for Interest Rate and FX asset classes. Should have knowledge of basic valuation techniques for interest rate swaps, FX options and forwards.
Understanding of market risk quantification methodologies (VaR, Expected Shortfall, Stress Testing etc.) is essential, including knowledge of capital calculation methodologies under Basel II / III
Should have hands-on experience of using statistical tools such as SAS, R, MATLAB, FINCAD etc.
Knowledge of programming on VBA, C++/Java, etc. and experience of market risk systems (Reuters, Bloomberg, Murex, SAS, Numerix etc.) would be a strong advantage.

Academic qualifications
MBA or equivalent Master's degree in Finance, Statistics, Economics or Mathematics from premier institutes required. Graduates (B.Tech / B.E) with relevant experience can also be considered.
Professional Certifications like the CFA and FRM will be an added plus
Quantitative training and strong problem solving as well computer skills (C++, Java, and MATLAB) are necessary.

Soft skills and desired characteristics
Ability to work comfortably at the highest levels of client organizations and interacting closely with high level executives in a range of environments
Comfortable functioning in a broadly positioned role in a highly diverse service lines working across industry verticals. Must possess an impressive executive demeanour, a team oriented and collaborative approach, and excellent presentation skills, including strong oral and writing capabilities
Committed, hardworking individuals willing to spend hours on research
The individual must possess and demonstrate high integrity and credibility as perceived by all those with whom s/he will work
Strong intellect coupled with proficient commercial instincts Diplomatic, flexible and have a good team approach.

Key responsibilities:
Part of the execution team involved in transformation projects with key focus on commodity trading and price risk management
Relevant industry/ advisory experience of working on commodity trading and price risk management solution
Have strong research and correlation capabilities with ability to develop and deploy commodity price risk management strategies and procedures
Demonstrate financial risk management knowledge and industry expertise.
Develop relationship with the key client personnel and identify business development opportunities
Lead a team of 1-2 team members and independently manage project work streams engagements with minimal support from project leader
Arrange and participate in client meetings and project team activities
Analyze and interpret the results and prepare relevant reports
Research information using publically available data sources and Company’s proprietary tools to assist the project team
Act as single point of contact between the client’s key middle management personnel and the Deloitte project team and provide resolutions to client queries with minimal support from project manager/ director.
Manage engagement economics and provide regular updates to the project manager

Qualification:
MBA/ Master’s degree in finance and/or similar area with a minimum of 4 years of relevant experience
Candidates with FRM/ CFA would be preferred
Working knowledge of financial accounting
Proficiency in excel. Must be adapt in use of other tools of MS office
Proficiency in English. Able to communicate and motivate via written media
Must be an excellent face-to-face and telephone communicator

Department : IT
Industry : Software
Skills : c++, java, ms-office

Recruiter details
Company name : Deloitte
Company discription : Deloitte Touche Tohmatsu India LLP is one of the DTTL member firms in India, which operates through offices in Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi/Gurgaon and Pune.