Overview
Job Title: FRTB – Analyst – Market Risk
Location: Powai, Mumbai
Experience: 0- 2 years
We are looking for a driven Market Risk professional to join a global risk management team supporting the Fundamental Review of the Trading Book (FRTB) framework.
Key Responsibilities:
– Perform daily and monthly analysis under the FRTB Internal Models Approach (IMA) framework.
– Conduct P&L Attribution (PLA) testing and validation across trading desks.
– Analyze and reconcile Theoretical vs Hypothetical P&L, risk sensitivities, and backtesting metrics.
– Collaborate with global Market Risk and Quant teams to enhance model governance and data accuracy.
– Provide insights into risk model performance, exceptions, and regulatory deliverables.
Mandatory Skills:
– Strong understanding of Market Risk, FRTB, Value at Risk (VaR), Expected Shortfall, and Sensitivities.
– Hands- on experience with Python, Excel (Advanced), and Power BI / Alteryx for – data analytics and visualization.
– Knowledge of traded products – particularly Rates, FX, and Derivatives.
– Solid grasp of Basel III / FRTB regulations and market risk capital calculations.
– Excellent analytical and problem- solving skills with attention to data accuracy.
Experience & Qualifications:
– Experience: 0- 2 years in Market Risk, Risk Analytics, or Quantitative Risk functions within investment banking or financial services.
Education: Bachelor’s / Master’s in Engineering, Finance, Economics, Mathematics, or Statistics.
Certifications: FRM / CFA preferred.