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Credit Risk Analyst

Collabera Technologies Private Limited
1 - 5 yrs
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Not Disclosed by Recruiter Openings: 2 Posted 12 days ago Job Applicants: 1101 Job Views: 1476

Job Description

 
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    Key Responsibilities
    As part of the CR PE Moves Analysis team members will be responsible for the below: 

    Validate credit risk exposure calculation at a portfolio level across various business lines like Prime Brokerage, ETFO, OTC Derivatives, FX, Repo, SLB, from a system, business and methodologies perspective
    Validate end-to-end data flow and functioning logic of our proprietary Credit Risk Management tool
    To be able to re-compute credit risk exposures time to time as required 

    Analyze Potential Exposure/Expected Positive Exposure of traded products and provide qualitative commentary for day on day, Week on Week and Month on Month exposure moves.
    Demonstrate Ownership of Potential Exposure & Expected Exposure outputs by analysing the same for Default Risk RWA, CVA RWA and ICAAP reporting perspective 

    Identify and facilitate resolution of issues leading to anomalous Exposure values and calculation of indicative exposures by using advanced simulation tools and models for factor based, sensitivity based (Historical simulation) and Monte Carlo (Taylor series approximation and/or Partial revaluation) risk calculators
    Overview of the department / team (team size, backgrounds, personalities ): 

    The RFDAR function organization is responsible for the data and production elements of capital reporting deliverables, accountable for the accuracy and timeliness of inputs provided for reporting purposes. 

    The MCM team is part of RFDAR with a current strength of 100. About PE MA team in specific -
    The PE moves analysis team is aimed to validate & explain exposure moves and breaches on daily /monthly basis and provide trend report, commentary & indicative adjustments to exposures to credit risk managers and Credit risk reporting.

    Challenges Contractor will be facing in this role:
    Expert in able to judge impact Exposure Treatment by changing the exposure calculation method, for Eg. IMM to Shortcut, Shortcut to Standardized method.
    Develop practical solutions to regulatory requirements for 

    Capital-related reporting
    Interaction with various stake holders like - Credit Analytics, Capital Reporting, Credit Risk Reporting, Credit Risk managers, data suppliers and process teams responsible for key data sources and processing
    Good understanding of Basel3 regulations along with Margining, Wrong way risk, CCP default waterfall, Treatment of Re-securitised collateral, Shortcut Exposure Method , IOSCO, Capital Buffers under Dodd Frank Act, Leverage ratio in counterparty credit risk space is a must.
    Essentials Skills and Qualifications:
    Strong analytical skills to identify the scope of issues and ability to provide appropriate solutions
    Good knowledge of financial products across various asset classes
    Sound understanding of life cycle of a trade and risk management concepts
    Ability to work with large volumes of data using spread sheet and Database Query tools (MS Excel and Access)
    Knowledge of regulatory risk topics such as RWA, EPE & EE from Basel 3 regulations perspective
    Good understanding of Basel3 regulations along with Margining, Wrong way risk, CCP default waterfall, Treatment of Re-securitised collateral, Shortcut Exposure Method, IOSCO, Capital Buffers, Leverage ratio in counterparty credit risk space is a must.
    Communication skills at all levels including ability to interact successfully with stakeholders outside team
    Desired Skills and Qualifications:
    Completed or currently taking the CFA, FRM, Actuarial, PRM qualifications
    SQL knowledge

Salary: Not Disclosed by Recruiter

Industry: Banking / Financial Services / Broking

Functional Area: Financial Services , Banking , Investments , Insurance

Role Category:Corporate Banking

Role:Credit Analyst-Corporate Banking

Employment Type: Permanent Job, Full Time

Keyskills

Desired Candidate Profile

    Please refer to the Job description above
Company Profile:

Collabera Technologies Private Limited

Since 1991, Collabera has been a leading provider of IT staffing solutions and services. We are known for providing the best staffing experience and taking great care of our clients and employees. Our client-centric model provides focus, commitment and a dedicated team to help our clients achieve their business objectives. For consultants and employees, we offer an enriching experience that promotes career growth and lifelong learning.

Company Snap Shot:
 Over 14,000 professionals in over 50+ locations across 3 continents
 Top 10 U.S. IT Staffing Firm
 Largest minority-owned U.S. IT Staffing Firm
 Top supplier to Fortune 500 companies
 Staffing Industry Analysts' "Best Staffing Firms to Work For" recognition 6 years in a row

To know more about Collabera, I would encourage you to visit us on www.collabera.com.
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