Financial Markets - Associate Program Manager - Risk Management

Pune, Financial Markets

About eClerx:

India’s leading process management and data analytics companies, eClerx provides critical business operations services to over fifty global Fortune 500 clients, including some of the world's leading companies across financial services, cable & telecom, retail, fashion, media & entertainment, travel & leisure, software and high-tech. A publicly traded company for 10+ years on India’s leading stock exchanges, our 9,500 employees work globally through delivery centres in India, Thailand, Italy, and US. With revenues of $200 million, eClerx is one the leading innovative business process management companies.

About eClerx Markets:

For financial organizations across the world, eClerx Markets, offers consulting, technological innovation, and process management expertise to uniquely solve operational challenges. With nearly two decades of industry experience complemented by the application of smart automation and robotics. Our team of experts deliver holistic solutions across the trade life cycle, change management, data analytics, compliance, cash securities operations, document digitization and generation, and outreach.

Within our Markets vertical, we create a wealth of intellectual capital and functional expertise that is unparalleled in our industry. We are looking to add to this talent pool someone who will lead the market risk practice from the front with a sound understanding in areas of market risk, credit risk, liquidity risk, and stress testing for Rates, FX, Equity, and Commodities.

The Ideal Experience Map:

Minimum 6 years of experience in business analysis, data management, change, consulting, or process management in risk, preferably within the Investment Banking domain

Certified Financial Risk Manager (FRM certification is a must)

Roles and Responsibilities:

  • Provide presales support for Risk services in Investment / Private Banking
  • Understanding of systems, delivery lifecycles and delivery methodologies working with global teams; experience with offshoring and outsourcing
  • Ability to understand and analyse complex problems, methodically devise and present a solution, and apply sound judgment independently
  • Ability to work in a dynamic environment and in a global team structure
  • The role requires the candidate to be well organized with an ability to prioritize effectively and multi-task, work independently, and cope with aggressive timelines and deliverables
  • Strong ethics, 'team player' attitude with a mature mind set
  • Excellent communication, listening and interpersonal skills with an executive presence to present and lead client meetings with senior internal and external stakeholders
  • Strong attention to detail and accuracy / timeliness of delivery
  • Effective stakeholder management; interact with a diverse audience from senior management to risk management committees and non-risk forums
  • Manage the process of validating the data feeding the risk systems and ensure timely publication of VaR and other risk measures
  • Analyse risk scenarios and benchmark risk profiles for new products
  • Calculate risk associated, measure value at risk (VAR), and manage market risk exposures (Delta, Gamma and Vega risks) for derivative strategies, subsequently analyse variances and explain underlying changes
  • Liaise with IT / Change departments to drive improvements in the process and make it more robust and scalable
  • Familiar with FRTB: The Fundamental Review of the Trading Book (FRTB) guidelines

Functional Skills and Technical Skills:

  • Knowledge and experience in the following concepts and regulations: MTM, Basel II / III, Dodd frank, FRTB, BCBS 239, Counterparty CR, Risk reporting, VaR/CaR methodology, capital calculations, and potential exposure
  • Probability theory, statistics, econometrics and numerical analysis
  • Advanced working knowledge of the Microsoft Office [including MS Access] suite and macro development and testing in MS-Excel
  • Database Management
  • Process mapping tools (Igrafx, MS Visio)

General skills that will boost your eligibility:

  • CFA [chartered financial analyst]