Risk-Bengaluru-Vice President-Credit Risk

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

Divisional Overview:

Our Risk division develops comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology are critical for success.

Department Overview:

Credit Risk is responsible for managing the firm's credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm's risk appetite. Credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied, and multi-dimensional work environment. This business is ideal for collaborative individuals who have strong ethics and attention to detail. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success.

• Evaluate derivatives and financing transactions across Global Market clients, reviewing and approving risk taking across this sector
• Assess the credit and financial strength of the firm's hedge fund, mutual fund and private equity fund counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
• Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods
• Approve transactions and opine on risk mitigation for products (fixed income funding, equity derivatives, prime brokerage, swaps, etc.) based on counterparty and trade details. Hold risk conversation with respective sales and trading teams
• Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits

• 7-10 years of experience in a market facing or risk (1st or 2nd line) role preferred
• Knowledge of capital markets, including derivatives and/or repo products preferred
• Strong analytical, communication, and organizational skills required
• Bachelor's degree (master's preferred) in business, economics or finance

• Functional Expertise and Technical Skills - Knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
• Client and Business Focus - Builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
• Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams
• Communication Skills - Communicates in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating judgment to escalate as appropriate
• Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
• Creativity and Influence- Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value