Market Risk Analyst - FRTB - Investment Banking

• Job Title: FRTB - Analyst - Market Risk
• Location: Powai, Mumbai
• Experience: 0- 2 years
• We are looking for a driven Market Risk professional to join a global risk management team supporting the Fundamental Review of the Trading Book (FRTB) framework.
• Key Responsibilities:

• Perform daily and monthly analysis under the FRTB Internal Models Approach (IMA) framework.
• Conduct P&L Attribution (PLA) testing and validation across trading desks.
• Analyze and reconcile Theoretical vs Hypothetical P&L, risk sensitivities, and backtesting metrics.
• Collaborate with global Market Risk and Quant teams to enhance model governance and data accuracy.
• Provide insights into risk model performance, exceptions, and regulatory deliverables.

Mandatory Skills:

• Strong understanding of Market Risk, FRTB, Value at Risk (VaR), Expected Shortfall, and Sensitivities.
• Hands- on experience with Python, Excel (Advanced), and Power BI / Alteryx for - data analytics and visualization.
• Knowledge of traded products - particularly Rates, FX, and Derivatives.
• Solid grasp of Basel III / FRTB regulations and market risk capital calculations.
• Excellent analytical and problem- solving skills with attention to data accuracy.

Experience & Qualifications:

• Experience: 0- 2 years in Market Risk, Risk Analytics, or Quantitative Risk functions within investment banking or financial services.

Education: Bachelor's / Master's in Engineering, Finance, Economics, Mathematics, or Statistics.

Certifications: FRM / CFA preferred.