Market Risk Manager, ENO #179101
- Credit Suisse
- Not Specified
- Mumbai
- 4 years ago
- Email to a friend
- Report this job
Job Description
The candidate will be working with Global Market Risk Management team as an integrated part of the global function.
The Role is with Market Risk Limits & Flags management team with following expectations
- Understand the limit's structure of FO & Trading desks and administer Flags & Limits Excess Management system called FLEX, which are used to control risk and risk limits for the bank
- Coordinating and managing limits and flags in FLEX tool assigned to the risk managers and traders respectively in addition to performing limit/flags changes, setting up of new limits/Flags in coordination with FO/Risk management, excess management, and discontinuation of obsolete limits.
- Monitoring and timely closure of Limit and Flag excess in FLEX system providing cause of excess and remediation plan Setting up the limits in FLEX, based on specifications agreed with the responsible managers and also making required changes to the existing limits on timely basis
- Detailed regulatory & management reporting/MI in relation to limit/Flags excesses, live limits/flags for a given month along with relevant details on temporary increase, limit warnings, out of policy remediation excess etc.
- Various MI reports such as monthly summary report, divisional excess report, MRC packs etc. which helps management to have better understanding of risk exposure in their respective area and take necessary action
- Monitoring the Flags utilization against the established limits/Flags thresholds, for reporting flags utilizations to the relevant limit owners and for executing the process of limit excess sign offs and limits updates.
- Performance of the risk limit/flags monitoring and notification process so as to track the timeliness of the automatic issuance of excess notifications by FLEX
- Timely MRM sign off of limits excesses for genuine and technical excesses
- Adherence to the mandatory reporting requirements
- Timely FO supervisory sign off
- Supporting the maintenance of the MR department governance, policies, procedures and related documentation in relation to Flags/Limits
- FLEX improvement: Supporting FLEX infrastructure improvements in collaborations with FLEX IT support and Change teams understanding requirement from business and ensure timely implementations of those changes in the FLEX application
- Preparing the PowerPoint presentations to be used by senior management for meetings and committees
Your future colleagues
Mumbai Market Risk Limits & Flags Operations is an integral part of the Global Risk function and strong engagement with global counterparts, trading desks primarily for its investment banking divisions across US, Europe and Asia Pacific. Selected candidate would require an extensive dialogue with all global business partners within Risk & FO community and Flags management based out of US.
We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm D&I ambition which is an integral part of our global cultural values
Employement Category:
Employement Type: Full timeIndustry: BankingFunctional Area: BankingRole Category: CrisisRole/Responsibilies: Market Risk Manager, ENO #179101Contact Details:
Company: Credit SuisseLocation(s): Mumbai+ View Contact
Fraud Alert to job seekers!
₹ Not Specified
Credit Suisse
Credit Suisse Services India Private Limited Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, our operation has a global reach and extends to about 50 countries worldwide across mature and emerging markets with mo...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in