Market Risk Business Analyst

Bangalore, Karnataka, India
Competitive salary
26 Nov 2020
27 Nov 2020
Your Role and Responsibilities

As Market Risk Manager, you are responsible to support of the daily calculation of relevant market risks including quality assurance and basic validation of results.

Role & Responsibilities
  • Demonstrate the provision of the variance-covariance (VCV) matrix for the calculation of the Value at Risk and the calculation of counterparty risk for trading positions - re settlement risk, issuer risk, credit risk, settlement risk, exposures for CVA calculation including quality assurance and basic validation of results
  • Support and quality assurance of the backtesting report incl. provision of backtesting history
  • Execution of the daily valuation of trading products in accordance with MaRisk incl. determination of valuation prices for securities, updates of interest rate curves, FX rates and FX points, updates of volatilities, updates of in currency and cross-currency spreads, execution of Incremental Present Value (IPV) procedure, assurance of full portfolio coverage regarding valuation, support of the dissolution of collateral disputes
  • Manage market conformity checks for security transactions, FX and Money Market and interest rate derivatives including plausibility checks
  • Business support of the tools and processes used for the calculation of market risk figures and parameters incl. quality assurance process

Being You @ IBM

IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will 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. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

Required Technical and Professional Expertise

  • Minimum 4-6 years profound experience in market and counterparty risk management
  • Solid understanding of all Trading Products (Money Market, FX, Derivatives, ...)
  • Proven experience in market, counterparty risk management and portfolio steering (e.g. valuation, IPV, market conformity, collateral disputes, CVA, ...)
  • Working knowledge of regulatory framework (e.g. Basel II under MaRisk)
  • Proven analytical skills, capability to understand complex products and processes
  • Proficient in technical understanding of data flows and interdependencies between various IT systems used, ideally experience with Summit; high affinity to IT systems
  • Expertise with client and solution-oriented communication skills
  • Validated knowledge of risk and quality related aspects, reliability along with ability in MS Office products (esp. Excel), SQL and typical market risk data models
  • Expertise in Reuters Eikon and Bloomberg Terminal

Preferred Technical and Professional Experience

  • Experience in control, risk focused and attention to detail
  • Proven client/business focused communication skills
  • Ability to liaise with Technology and communicate system requirements
  • Ambitious individual who can work under their own direction towards agreed targets/goals
  • Proven interpersonal skills while contributing to team effort by accomplishing related results as needed
  • Maintain technical knowledge by attending educational workshops, reviewing publications


The Finance & Admin Business Analyst is essential to the ongoing profitable operations for one of the most globally recognized and respected companies in the world. By overseeing our financial activities, you will enable IBM to continue to bring to market ground-breaking innovations such as Artificial Intelligence, Cognitive Solutions, Cloud Infrastructure, and Blockchain technologies, to name a few.

Your Life @ IBM

What matters to you when you're looking for your next career challenge?

Maybe you want to get involved in work that really changes the world? What about somewhere with incredible and diverse career and development opportunities - where you can truly discover your passion? Are you looking for a culture of openness, collaboration and trust - where everyone has a voice? What about all of these? If so, then IBM could be your next career challenge. Join us, not to do something better, but to attempt things you never thought possible.

Impact. Inclusion. Infinite Experiences. Do your best work ever.

About Business Unit

IBM Services is a team of business, strategy and technology consultants that design, build, and run foundational systems and services that is the backbone of the world's economy. IBM Services partners with the world's leading companies in over 170 countries to build smarter businesses by reimagining and reinventing through technology, with its outcome-focused methodologies, industry-leading portfolio and world class research and operations expertise leading to results-driven innovation and enduring excellence.

About IBM

IBM's greatest invention is the IBMer. We believe that progress is made through progressive thinking, progressive leadership, progressive policy and progressive action. IBMers believe that the application of intelligence, reason and science can improve business, society and the human condition. Restlessly reinventing since 1911, we are the largest technology and consulting employer in the world, with more than 380,000 IBMers serving clients in 170 countries.

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