Market Risk Analyst

1 week ago


Richmond Hill, Ontario, Canada ICICI Bank Ltd Full time
ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. The Bank's consolidated total assets stood at US$182.8 billion as at December 31, 2019.


Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$6.5 billion as at December 31, 2019, and it is a member of the Canada Deposit Insurance Corporation.

The Bank offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirements.

We provide a stimulating and rewarding environment with significant opportunity for personal growth, competitive salary and benefits package.

  • Area of Responsibility_
  • Ensure adherence and compliance to all of the elements stipulated in the Liquidity Management Policy (LMP) & Market Risk Management Policy (MRMP). Provide assessments on the market risk of the balance sheet.
  • Vet and analyze all Asset Liability Management Committee (ALCO) proposals thoroughly before presenting to ALCO.
  • Ensure periodic reviews supported by effective monitoring and controls, including market risk models. Foster an environment of focused and proactive management of market risk exposures.
  • Monitor and ensure compliance with organizational, business, strategic, operational, legal, reputation and market risks where applicable.
  • Facilitate implementation of various risk control measures including new limits & limit enhancements.
  • Implement Basel framework for the Bank with responsibility to develop Internal Capital Adequacy Assessment Process (ICAAP). Design & enhance suitable stress testing models to quantify key risks faced by the Bank.
  • Facilitate Treasury Control & Services Group (TCSG) in the reporting process with clarification & vetting on the methodologies, computation steps and components on various limits stipulated in the policy.
  • Coordinate within the department to prepare presentations for senior management, Board & regulators.
  • Prepare and circulate agenda for Liquidity Forum. Note minutes during meeting and circulate minutes post meeting.
  • Prepare and circulate ALCO presentation to all the members on a monthly basis
  • Coordinate with different internal teams to prepare and ensure accurate and timely reporting of regulatory reports pertaining to liquidity risk.
  • Working with internal teams on implementation of new market risk models / methodology changes and implementation of new regulations such as OSFI guidelines incorporating Basel III reforms, NCCF guideline, CDOR to CORRA transition or any other guidelines applicable.
  • Other duties as assigned

Benefits:

  • Dental care
  • Extended health care
  • Paid time off
  • RRSP match
  • Vision care

Flexible Language Requirement:

  • French not required

Schedule:

  • Monday to Friday
  • Overtime

Supplemental pay types:

  • Bonus pay
  • Overtime
pay

Ability to commute/relocate:

  • North York, ON: reliably commute or plan to relocate before starting work (required)

Work Location:
One location
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