Manager/ Senior Manager- Investment and Market Risk, Mumbai

Role Details:

Designation: Manager/ Senior Manager
Role type: Individual Contributor
Department: Risk Management
Reporting to: Chief Risk Officer
Location: Mumbai

Your Role (summary):

The Investment and Market Risk function is responsible for identifying, measuring, monitoring, and reporting market and investment risks across all portfolios managed by the firm. The role supports
portfolio managers and senior management by ensuring that risks are understood, controlled, and aligned with the firm’s risk appetite, regulatory requirements, and fiduciary responsibilities to clients.

You will be responsible for:

 Formulation and review of various risk and investment related policies such as Investment risk policy, Investment policy, Valuation policy etc.
 Performance and attribution analysis for Mutual fund schemes, Specialized Investment Funds (SIF), PMS, Alternate Investment Fund (AIF) and offshore funds which includes measuring return performance vs Peers, Benchmark etc.
 Measure and analyze key risk metrics such as Relative VaR, Factor exposure, Tracking Error, Active share, Information ratio, Duration, and Scenario analysis.
 Monitor investment risk exposures across asset classes including equities, fixed income, credit, derivatives, commodities, and alternative investments.
 Monitor liquidity risk at scheme and portfolio level vis-a-vis internally defined and approved liquidity model.
 Support development and maintenance of the firm’s investment risk framework and risk appetite statement
 Define, implement, and monitor investment risk limits regulatory as well as internal through systemic controls.
 Liaising with investment team to resolve day-to-day queries related to investment restriction
 Conduct stress testing on all equity, debt and hybrid schemes based on predefined parameters on a regular basis.
 Preparing agenda and minutes for various committees like Investment Committee, Risk Management Committee
 Liaising with various internal stakeholders, auditors

Knowledge, Skills, Competencies, and Certifications:

 Strong analytical skills, with experience in using risk models, quantitative analysis, and stress testing.
 Excellent communication skills with the ability to convey complex risk information clearly to non-technical stakeholders.
 Proficiency in risk management software and tools like Bloomberg, FACTSET, Barra etc.
 Presentation Skills
 Report Writing & Documentation
 Sound Knowledge on Key Regulations: SEBI, Brokers, Mutual Funds, Company Act etc.
Proficiency in MS- Excel, Word and Power point etc.

The experience you bring (Educational Qualification/Experience):

 MBA, CA or a related discipline preferred.
 4 to 5 years of related experience in Investment risk and Market risk.
 Prior Mutual Fund Risk Management related experience is preferred.
Certification/s (role based):
 FRM, CFA, preferred