OpenOpportunity Sourced Jobs — Bengaluru
Full Time · On Site · Entry Level
Role: Market Risk | Department: Risk Management & Compliance | Industry: Financial Services | Education: UG: Any Graduate PG: Any Postgraduate Responsible for Capital Market model development for bank's trading derivative products (FX and Interest Rate Derivative), and securities lending portfolio including equities, fixed income and securitized issues. Ensures regular production of analytical work. Development of daily trading limit models, Initial Margin models for uncleared trades and Basel regulatory exposure calculation tools (EAD). Collaborates with front office business partners, regulators, Audit Services, and other independent reviewers. Evaluates existing framework in relation to corporate objectives and industry leading practices. Assesses development needs and manages process to achieve desired future state. Supports stress testing, capital quantification and/or internal capital allocation methodologies. Ensures that modelling approaches meet both internal corporate needs and regulatory requirements related to prevailing regulatory guidance. Provides technical/theoretical inputs to resolve risk issues and enhance overall risk framework. Works with other risk or business unit teams to ensure that risk management policies/processes and quantitative modelling approaches are consistent. Provides communication and training efforts to promote understanding of risk measurement throughout the company Operates independently; has knowledge of banking balance sheets and income statements. Conducts analysis, independently ensuring accuracy and completeness. Responsible for interaction with different committees and/or senior management. Strategic in developing, implementing and administering programs within Risk Management for specific product(s). Qualification Master in Statistics/ Economics/Mathematics/advanced degree in quant area Or B.tech. From tier 1 college with MBA in related field Skills Required 24 months as Analyst (currently B4) 0-2 years of hands on market/counterparty quantitative risk related experience Strong conceptual and technical knowledge of risk concepts and quantitative modelling techniques including familiarity with statistical concepts used in stress testing. Strong in quantitative skills experience in model validation a plus Experience in Python, SAS, advanced Excel techniques and VBA programming. Python is preferred Experience in building stochastic process pricing models, and Monte Carlo Simulation models. Strong regulatory understanding for banking capital review rule, market risk rules, and model risk compliance, such as BASEL, CCAR, SR11/7 etc. Strong organizational and interpersonal skills Excellent verbal and written communication skills (English) Experience of working in a multi-cultural and global environment Related Industry qualification (e.g., CFA, FRM) a plus Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying. Note: A genuine, detailed quantitative-risk role with real SAS relevance ("Experience in Python, SAS, advanced Excel techniques") whose "0-2 years of hands on... experience" matches Naukri's advertised band exactly. Two things stand out: the body leaks an internal HR grading fragment directly into the public text, "24 months as Analyst (currently B4)"; and Naukri's "Company" field displays as "Northern Trust" while the listing is actually filed under "Northern Operating Services Private Limited," Northern Trust's India-based back-office entity.
Front office, SAS, Senior Analyst, Risk analytics, Fixed income, Market risk, Capital market, Risk management, Financial services, Auditing