Vice President - Prime Brokerage Financing Risk

Job location: [{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Mumbai","addressCountry":"IN"}}] Work arrangement: Employment type: FULL_TIME Salary: "" Experience requirements: {"monthsOfExperience":144,"educational":{"credentialCategory":"bachelor degree"}} Education requirements: "" Role & responsibilities: - Lead the day-to-day activities Prime Risk & Controls functions supporting Asia, Europe and US. - Spearhead the development of a comprehensive automated risk controls framework and eventually own the end-to-end risk management process for the business. - Own and build a strategic Prime Risk and Analytics platform, collaborate with IT to provide requirements, drive approach and implementation. - Set up framework for timely escalation for the controls suite to senior management; collaborate with Collateral, Legal, IT and other support teams to get issues resolved. - Ensure that team runs daily checks on client setups, build reconciliations using data from reference data, trade booking and margin & collateral systems. - Build, monitor and run daily control reports and dashboard to check day-over-day swings on key metrics. - Write daily commentary on control breaks, exceptions and swings. Write client level commentaries, adhoc analysis and run what-if scenarios providing indicative margin levels. - Run team calls and represent or explain control breaks and resolution. - Mentor and manage the team. Preferred candidate profile: - Qualification gained in Maths, Financial Maths, Engineering, Operational Research, Statistics, Computer Science or similar. - Minimum 12 years of experience in Risk Management. - Strong knowledge of Equities, Equity Derivatives, Convertible Bonds, Fixed Income, Repo, and Futures and Options. - Strong technical knowledge and understanding of risk management concepts such as VaR, stress testing, and scenario analysis. - MS Excel to expert level. - Programming Skills e.g. VBA, SQL, Python, Power BI etc. (intermediate level). - Excellent interpersonal and communication skills. - Previous experience in Global Markets (Prime Brokerage, Equity Financing, Treasury or Risk management). - Further Financial Education e.g. FRM, CFA (Level 2), CAIA, etc. - Knowledge of Prime Brokerage and/or financing businesses, and client motivation.