Risk Analyst

Job Description

In Scope of Position based Promotions (INTERNAL only)

Job Title- Risk Analyst

Location- Mumbai, India

Role Description

The MRAC function within MLRM & Risk Methodology is principally responsible for analysis and control of various risk matrices. The role involves analysis of VaR/SVaR for Historical Simulation models/methodologies/RNIV s/regulations - work with Market Risk Managers, FO quants, methodologies to enable accurate risk measurement and help set up process for BAU implementation. This role also involves performing controls and check to insure completeness, accuracy of risk matrices. The role requires application of qualitative and quantitative techniques to analyse the data and depth understanding of Historical simulation VaR models and FRTB regulation.

What we ll offer you

As part of our flexible scheme, here are just some of the benefits that you ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

The specific role comprises the following responsibilities

• Run all process and controls to check completeness, accuracy and timeliness for Historical Simulation VaR/SVaR process.
• Finalize VaR/SVaR/RWA for respective businesses and at DB Group level and explain Day on Day, Week on Week and Month on Month drivers
• Identifies and remediates all Exceptions that are not being consumed in VaR - both at individual Asset Class level and at DB Group level
• Provide analytical support to Risk Managers to facilitate risk management / business decisions.
• Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as VaR/SVaR impact analysis for Hist Sim methodology, continuous improvement of processes and controls.
• Liaising with Market risk managers, FO quant, Change teams and Methodology to perform deep dives on data challenges in new market risk models/methodology changes/RNIV and implementation of new regulations such as FRTB and IHC examination
• Help specify requirements and test functionality for new feed set up, processes and ability to coordinate with Risk-IT for seamless implementation of new data requirements and process enhancements

Your skills and experience

• A strong and relevant background working in an international Bank or comparable experience
• Depth knowledge of VaR methodologies - monte-carlo and historical simulation
• Good product knowledge of derivatives and pricing in at least one asset class - Equity, Credit, Rates, FX, Commodities.
• Market risk, Middle office, Valuations or Product control background with relevant subject matter expertise in one of the three disciplines
• MFE/MBA in Finance or relevant experience with Engineering, finance or quantitative/statistics background
• Good understanding of statistical distributions
• Excellent Communication skills and attention to detail
• Strong analytical, problem solving and critical thinking skills
• Advanced Excel and VBA skills
• A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
• Knowledge of languages such as R, Python, SQL preferred
• Certification such as FRM or CFA or CQF is preferred

How we ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information

https//www. db. com/company/company. htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.