AddressA multinational Bank is looking for Trade Risk Analyst (Market risk Reporting)
Location : Bangalore
CTC : upto 12 lpa
Experience : 2 to 4 yrs
About the Role:
- The purpose of the role is to provide oversight as a Analyst for the MRDS with details defined below.
PRINCIPAL ACCOUNTABILITIES:
- Ensures the integrity of Common Data from Primary Trading Systems, Traded Risk Systems and Vault consumed by multiple downstream consumers
- Responsible for monitoring and executing controls and L1 Exceptions as detailed below:
- Data quality checks and controls on consumers' original sources/ inputs - PTS, Traded Risk Systems, Vault Data
- Reference Data Quality Controls - GRDS, HMS, Client, Common Mapping
- Reconciliations between Data Sources or/with Consumer Inputs
- Static Maintenance in Consumers system not using Golden Source (Counterparty Information in LEM,.)
- L1 Exception Management:
- MR Data Quality Control : Feed Completeness/Accuracy/Exceptions Monitoring/GRDS Checks/PI Monitoring
- MR Reconciliations
- MR Adjustments
- Liaises with feed providers to ensure the timeliness, accuracy and completeness of inputs for reporting. This includes prompt escalation of delays and incomplete data for proper workaround and/or resolution.
- Responsible for monitoring and executing controls as detailed below:
- Static Maintenance in systems specific to Consumers (Market Risk Limits, .)
- Controls when oversight is owned outside DaRR (ex. EOD Limit Monitoring)
- L2 Exception Management:
- MR KPI/KRI for Traded Risk Business Control Committee (BCC)
- MR Reporting (Limit Monitoring, Excess)
- Ensures complete, accurate, quality and timely reports sent to stakeholders, with proper adherence to Service Level Agreements (SLAs)
- Liaises with Regional MRAs and MRMs for any functional requirements
- Where applicable, coordinates with MRAs and MRMs for any regulatory requirements
OPERATIONAL EFFECTIVENESS & CONTROL: ALL
- Participate in User Acceptance Tests (UATs), as required, on any system enhancements or roll-outs
- Ensure that processes adhere to appropriate quality standards, with reference to internal and external compliance rules, and are comprehensively documented.
- Maintain HSBC internal control standards and address audit points and/or any issues raised by regulators in a timely manner. Foster a compliance culture within the team, managing compliance risk and ensuring that the necessary training is completed. Optimizes relations with regulators.
- Engage with internal and external auditors to satisfy questions and requests as part of formal and informal reviews.
LEADERSHIP & TEAMWORK : GCB 7 ANALYST
- Promote greater understanding of MMO'S role in the GBM umbrella among staff.
- Work with staff to constantly upgrade knowledge and skill set and help them functionally
- Drive the implementation of processes and policies to deliver service excellence by clearly communicating the rationale across sites and ensuring that the entire team functions as one coordinated unit.
- Helps provide regular updates between the two sites on any functional changes in the process.
- Partners with the Global Lead in ensuring that on-going training is built into regular BAU and that the teams are fully cross-trained on MRDC Pod-specific responsibilities.
STAKEHOLDERS : ALL
- Collaborate and partner with relevant stakeholders to ensure end to end process is connected and streamlined.
- Proactively drive growth in the GSC team's responsibilities
- Establish and maintain communication link with relevant stakeholders with respect to all process and people-related activities and issues
- Address any adhoc queries on a timely manner
STAKEHOLDERS : GCB 7 ANALYST
- In addition to the above, ensures that production-related items are addressed through collaboration with SMEs, and where necessary, further assists on any requirements.
- Ensures that any stakeholder requirements are prioritised and/or addressed accordingly, and where necessary, pro-actively escalate any issues with the Global Lead and Functional Lead.
