Responsibilties:
- Stay abreast of the latest developments in Basel III and Basel IV regulations.
- Interpret and implement regulatory changes to ensure the organization's compliance.
- Conduct regular reviews and assessments to ensure adherence to regulatory standards.
- Utilize comprehensive knowledge of the Fundamental Review of the Trading Book (FRTB) to guide the organization in the implementation of regulatory requirements.
- Collaborate with cross-functional teams to ensure accurate risk measurement, assessment, and reporting under FRTB guidelines.
- Conduct thorough market risk assessments by analyzing financial instruments, trading strategies, and market conditions.
- Develop and implement risk models to identify, measure, and monitor market risks in the trading book.
- Prepare and present detailed reports on market risk exposures, trends, and potential impacts to senior management and regulatory bodies.
- Ensure effective communication of risk-related information to stakeholders, including regulators and internal departments.
- Work closely with trading desks and risk management teams to develop and implement effective risk mitigation strategies.
- Provide recommendations for optimizing risk-return profiles within regulatory constraints.
- Maintain accurate and up-to-date documentation of risk management policies, procedures, and methodologies.
- Ensure that all regulatory filings and documentation are prepared and submitted in a timely and accurate manner.
Qualifications:
- Bachelor's degree in Finance, Economics, Risk Management, or a related field. Advanced degree (e.g., MBA, FRM, or CFA) is a plus.
- Proven experience in regulatory market risk management within the financial services industry.
- In-depth knowledge of Basel III and Basel IV regulations.
- Significant experience with the implementation of FRTB guidelines.
- Strong quantitative and analytical skills, including experience with risk modeling and analytics.
- Excellent communication and interpersonal skills, with the ability to convey complex risk concepts to various stakeholders.
- Familiarity with financial products, trading strategies, and market dynamics
