Head - Market Risk - Bank (14-18 yrs)

The roles and responsibilities are given below:

Supervision of Market Risk Management:

- Overall responsibility for the Market Risk Management function of the Bank, ensuring effective oversight and management of all market risk-related activities.

Policy Development and Review:

- Framing, implementing, and periodically reviewing the Bank's Market Risk Management policies, aligning them with regulatory guidelines and industry best practices.

Compliance and Reporting:

- Ensuring adherence to applicable regulatory and statutory guidelines related to market risk, including periodic reporting to the relevant authorities and internal committees.

Asset Liability Management (ALM):

- Acting as a member/convener of the Asset Liability Management Committee (ALCO) to manage and mitigate market risk effectively.

Risk Modelling and Analytics:

- Developing and validating risk models related to market risk, performing analytics to support decision-making, and ensuring calibration of risk models as per regulatory requirements.

Risk Tolerance and Appetite Framework:

- Defining and maintaining the risk appetite framework specific to market risk, including setting qualitative and quantitative tolerance levels.

Implementation of Regulatory Frameworks:

- Overseeing the implementation of BASEL III Capital Regulations pertaining to market risk for Financial Institutions.

Representation and Advocacy:

- Representing the Bank in various forums on matters related to market risk management.

Continuous Improvement:

- Driving ongoing improvements in market risk practices and policies to align with evolving regulatory standards and business requirements.

Crisis Management for Market Risk:

- Supporting the development and execution of market risk-related elements of the Bank's Business Continuity Planning (BCP) framework.

Other Duties:

- Performing any other market risk-specific tasks entrusted by the Bank from time to time.