Avp – Market & Traded Credit Risk (Muzaffarnagar)

Job Purpose : Support and work closely with the Head Market & Traded Credit Risk to develop and implement market & traded credit risk management policies, processes, computations and procedures. Key Result Areas The job holder would oversee the following results areas: Ensure compliance to CBUAE’s ‘Regulations & Standards’ on matters of Market Risk and/or Counterparty Credit Risk (if required). Enhance and periodically track the KPIs included in the TCMs ‘Risk Appetite Statement’ (RAS) as set by senior-management/Board. Ensure appropriate valuation techniques are being applied on products/instruments subject to mark to market mechanism (fair value through profit & loss accounting) including assessment of need for any fair valuation reserves, credit valuation adjustments, prudent valuation adjustments etc. Ensure adequate controls are established and maintained around usage of market data in core Treasury systems. Lead in the development, maintenance and monitoring of Fundamental Review of the Trading Book (FRTB), Value at Risk (VaR) and Pre-Settlement Risk Exposure (PSRE) exposure computation models, systems and processes. Ensure all models used by the department meet both regulatory and Apply on Kit Job: kitjob.in/job/4m7d7k