Risk Analytics Manager - Clearing Corporation - Banking/Financial Services

Job Description:

Providing proactive support to the function of risk-management with focus on risk analysis. Lead the development and implementation of data-driven risk analytics, risk reporting, monitoring frameworks and analytical solutions supporting the Clearing Corporation's market, credit, and liquidity risk management framework. Adherence to stipulated regulations for compliance and market integrity.

Key Responsibilities:

• Understanding of risk concepts, models related to risk management, stress testing, back testing and pricing of different asset classes.

• Identifying, monitoring, managing and communicating risks associated with clearing, settlement and counter party guarantee to mitigate any impact on Clearing Corporation.

• Analyse clearing-member exposures, collateral, margins, liquidity positions, market movements, volatility and concentration risks.

• Build/maintain analytical datasets and data models supporting margining, valuation, stress testing, back-testing and risk monitoring.

• Conduct scenario analysis, sensitivity analysis and stress testing of portfolios and member exposures.

• Perform statistical analysis and identify emerging risk trends, anomalies and concentrations.

• Validate data quality, perform reconciliations and establish controls around critical risk data made available to regulators/regulatory teams.

• Develop and maintain risk dashboards, MIS, early-warning indicators and management reporting frameworks.

• Develop automated analytics and reporting solutions using Python, SQL, Excel/VBA and BI tools.

• Develop analytical frameworks for identifying unusual market/member activity and potential risk concentrations.

• Participate in development, enhancement and validation of risk models and methodologies.

• Ensure compliance with the regulatory framework specified by market regulator/clearing corporation.

• Execution of activities as identified as part of risk data analytics.

• Translate regulatory and business requirements into data and analytical specifications.

• Prepare analytical presentations and risk insights for senior management, risk committees and other governance forums.

• Establish documentation, controls and governance around risk datasets, models and reporting.

• Mentor and build analytical capabilities within the Risk Management function.

Educational Qualifications:

• MBA/PGDM in Finance or Analytics.

• CFA/FRM is an added advantage.

Technical Skills:

• Data analytical tools and Advanced Excel functions.

• SQL, R, Python.

• MATLAB/Power BI/Tableau.

• Statistical modelling.