Experience: 5+ Years

Domain: Banking & Financial Services (BFSI)

Location: Open

Job Summary

We are looking for an experienced Market Risk Analyst with 5+ years of experience in Market Risk within the Banking and Financial Services domain. The ideal candidate should possess strong analytical skills, a solid understanding of market risk frameworks, regulatory requirements, and risk reporting. The role involves monitoring market risk exposures, supporting risk governance, performing risk analytics, and collaborating with business, trading, and technology teams to ensure effective risk management.

Key Responsibilities

Market Risk Management & Oversight

• Trading desks oversight 

• Exposure reviews and risk monitoring 

• Risk limit monitoring 

• Risk governance, policies, and new product reviews 

Market Risk Analytics

• VaR and Expected Shortfall 

• Sensitivity analysis (e.g., Greeks, DV01) 

• Stress testing and scenario analysis 

• Concentration risk/analysis 

• Risk methodology enhancements 

Market Risk Reporting

• CRO, Board, and Risk Committee reporting 

• Regulatory reporting 

• Executive dashboards and management information 

• Risk commentary and insights 

Counterparty Risk & XVA

• Counterparty exposure analytics (PFE/EPE) 

• CVA/XVA reporting 

• Derivative exposure monitoring 

• Wrong-way risk analysis 

Risk Operations & Controls

• Risk data quality and reconciliations 

• Production support and workflow management 

• Control monitoring and issue management 

Required Qualifications

• Bachelor's or Master's degree in Finance, Economics, Mathematics, Statistics, Engineering, or a related quantitative discipline. 

• 5+ years of experience in Market Risk within a Banking or Financial Services environment. 

• Strong understanding of financial products including Fixed Income, FX, Equities, Commodities, and Derivatives. 

• Good understanding of Basel regulations and Market Risk frameworks. 

• Experience working with large financial datasets. 

• Strong analytical and problem-solving skills. 

• Excellent communication and stakeholder management skills. 

Preferred Technical Skills

• SQL 

• Python 

• Excel (Advanced) 

• Power BI/Tableau (preferred) 

• Bloomberg, Murex, Calypso, or similar Risk Management platforms (preferred) 

Preferred Competencies

• Strong analytical mindset 

• Excellent stakeholder communication 

• Attention to detail 

• Ability to work in a fast-paced environment 

• Collaborative team player 

• Ability to manage multiple priorities and deliver within deadlines