Sr Analyst Credit Risk

Permanent contract|Bangalore|Risks

Sr Analyst Credit Risk

Bangalore, India Permanent contract Risks

Responsibilities

 

  • Monitoring, Producing, Certification of Credit VAR and other Counterparty Risk metrics majorly for Trading books & reports & monitoring of counterparty limits overshoots, Regulatory Reporting’s, Validating & Back testing EAD (IMM Model) on Daily, Monthly & Quarterly basis.
  • Recalibration of relevant & updated Market factors for Simulation.
  • Understanding Counterparty Credit Risk framework & understating Regulatory Requirement for Credit risk & have a strong Operational governance to adhere to requirements.
  • Work closely with Sales/Trader/RISQ to have a CVaR simulation
  • Assist in development to maintain and enhance the existing process and procedures and guidelines
  • Analyze & certify the limits under overshoot by checking Credit work flow been respected prior to trade with the counterparties and challenge for Evidence if required.

Back testing to prove MTM & MTF arrived by the RISQ tools is as expected by benchmarking against BO & FO tools for spot & future time buckets, requiring to have strong product, Model & Risk Knowledge across different asset class and developing strong understanding of Front Office & back office tools 

Profile required

Knowledge & Experience

- 2 -- 5 years of experience in Product control. Experience in Counterparty Credit Risk is an added advantage.
- Bachelor’s degree.

- good to have skills: Perusing FRM or CFA.

- Good Product Knowledge across all Asset classes, Good model & RISK knowledge.
- Industry knowledge is preferred.

- Good understanding of FO & BO Tools.

Why join us

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

Business insight

A 100% owned subsidiary of European banking and financial services major Societe Generale (SG), Societe Generale Global Solution Centre (SG GSC) came into existence in 2000. Established as an offshore development centre in Bangalore, also having a presence in Chennai, SG GSC has 15 years of sustainable delivery expertise to its credit, and develops global best practices to promote the strategic objectives of the Societe Generale Group.

SG GSC possesses in-depth understanding of the business processes and cutting-edge technologies across domains of Societe Generale’s diverse portfolio. We deliver best-in-class solutions to the Group’s entities in the realm of corporate and investment banking, retail banking, specialized financing and insurance, private banking, and global investment management and services.



We place the highest importance on our employees and provide extensive opportunities for career progression and development. SG GSC conforms to the group diversity principles, and has a multi-cultural staff representing seven nationalities, and speaking 20 languages. Women comprise 25% of our workforce.

 Responsible for substantiation of period ending financial figures for the assigned perimeter, also perform accounting controls for the same. Must understand balance sheet accounts and nature of accounting.


The RISQ group supports the RMA business lines within SGCIB and XRP CRE is accountable and responsible as Counter Party Credit Risk Team and mainly responsible for Economic (Desk) & Regulatory metrics, Reports & controls related to Counterparty Exposures, Limits, EAD.

About RMA/MMG/XRP: -  Contributes its Operational activities under departments like Counterparty Credit Risk, Risk and Regulatory monitoring, RIS Referential, New Edge PnL Certification.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 20000PTB
Entity: SG Global Solution Centre
Starting date: 2021/02/24
Publication date: 2020/11/27
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