Office Address: 
IndusInd Bank
8th Floor, Tower 1, One World Center (Formerly known as One India Bulls Centre), 841 Senapati Bapat Marg, Prabhadevi, Mumbai - 400013, Elphinstone Road West.

Contact person: Aarti Chandna

Candidates with relevant experience can directly walk-in to the above mentioned address on 11th December. Alternatively, you may also apply to this job and we will get in touch with you in case your profile is shortlised.

THIS ROLE REQUIRES CANDIDATE TO WORK FROM MUMBAI OFFICE. ONLY THOSE CANDIDATES CURRENTLY LIVING IN MUMBAI OR READY TO RELOCATE TO MUMBAI MUST APPLY.

Eligibility: ACCA Member or Affiliate with 0 - 7 years of experience in Market Risk Management in Domestic Banks, Indian Branches of Foreign Banks, Risk Consulting. Candidate shall possess comprehensive understanding of Market Risk management and MR framework, Treasury products, Valuation methodologies, Sensitivities, VaR etc. Candidate shall possess working knowledge of Basel and IMA/SIMM/FRTB requirements.

THIS JOB IS NOT APPLICABLE FOR ACCA STUDENTS. WE ARE CURRENTLY HIRING ONLY FOR ACCA MEMBERS OR ACCA AFFILIATES WHO HAVE PASSED ALL 13 PAPERS.

Responsible for Market Risk Management functions

• Responsible for valuation & review of Treasury portfolios – Forex, Fixed Income, Derivatives, Equity and structured products.
• Responsible for monitoring and analyzing sensitivities like Value at Risk and Modified duration, PV01 and other sensitivities like Greeks for Trading Portfolio.
• Review and enhancement of VaR (Historical simulation & MC VaR), Stress VaR, Stress testing frameworks.
• Performing proactive scenario and simulation analysis for treasury trading portfolio on plausible economic events and scenarios.
• Defining stress scenarios and stress testing methodologies and its enhancement.
• Conducting Back testing and Performing root cause analysis for Back testing exceptions
• Computation of Capital Charge and Risk Weighted Assets for Market Risk with respect to different product classes and Computation of Market related off market Credit Exposure as per standardized approach and advanced approach.
• Understanding and implementing advanced analysis like CVA, SIMM, PFE, FRTB etc.
• Validation of market data / derived market data and positions for valuation and risk analysis

• P&L contribution (Attribution) analysis based on first and second order sensitivities and underlying market movements
• In depth understanding of advanced (Structured) products like, Barrier options, Digitals, caps & floors, CDS, CLN etc. including its valuation and risk profile.
• Shall have granular understating of latest regulatory developments in market risk domain including FRTB, SIMM and IND-AS.
• Shall be exposed to Market Risk System implementation.
• Responsible for RBS submission related to market risk data to RBI
• Handling Audit queries and providing active assistance in audit
• Responsible for timely submission Regulatory and internal daily and periodical analysis and Market risk submission to RMC and Board.
• Counterparty credit exposure under RBI regime including bilateral netting and SA-CCR
• Should have exposure and understanding on LIBOR transition exposure assessment, its impact and Valuation and Risk assessment post demise of LIBOR.

Technical Knowledge: 

• Familiarity with Calypso and SAS will have additional advantage
• Strong analytical and problem solving skills.
• Proficient with MS Excel and Excel Macro
• Understanding the ever changing market dynamics and its impact on various products and subsequent/proactive strategy of portfolio management.
• Possess excellent interpersonal and communication skills with an ability to interact at various hierarchical levels, with specific orientation to stakeholder interests.
• Well organized and ability to perform under stringent time line pressures without compromising on the end result quality
• Worked in Indian Banks/ Indian Branches of foreign Banks
• Understanding of R / Python would be an added advantage.