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DGM –Market Risk for a Foreign Bank in MUMBAI

Keywords / Skills : Market Risk Management, Market Risk - Head/ Mgr, Market Risk - Head/ Mgr., Operational Risk, Process Risk, Internal Controls, Risk Assessment, Risk Management

14 - 22 years
Posted: 2018-03-13

Banking/ Financial Services
Finance & Accounts
Banking, Insurance & Financial Services
Compliance & Control
Risk Management
Other Finance & Accounts - MARKET RISK
Posted On
13th Mar 2018
Job Ref code
DGM â€"Market Risk
Job Description
DGM –Market Risk for a Foreign Bank in MUMBAI

Exp : 15-20yrs, preferably from banks and NBFC (or) candidates in banks/NBFC

Education : Graduate with MBA with CAIIB


DGM Risk - Credit and Operational Risk supports in achieving the bank's growth and profitability by effectively designing, implementing and leading the team to achieve the organizational vision and mission. The position being the managerial role, trains and educates his team on providing knowledge transfer and regular updation of policies. This position is responsible for branch operations, audits, staffing, supervision, training, security, grievance re-dressal, generating branch business etc.


• Monitoring and ensuring the adherence to the compliance of Bank as per the RBI guidelines.

• Responsible to adhere to the change in the Audit methodologies and Audit procedures as instructed by the Statutory Auditor / Concurrent Auditor.

• Monitoring of Market Risk & responsible for preparing and reviewing the Bank's Market Risk Policy and procedures and controls relating to all Market Risk arising from our investments.

• Regular monitoring of regulatory guidelines and implement the changes / modifications brought in by the regulator.

• Reviewing & monitoring of deal limits, dealer-wise limits, fortnightly limits etc., and report limit breaches to the top management in case of any internal and external limit breaches.

• Monitoring of Treasury activities and ensure that the risk exposures are within the policy parameters established in the Bank's Market risk policy, treasury policy and investment policy.

• Monitoring of the compliance activities of the Bank and any clarifications / details required by the regulator has to be provided.

• Monitoring of the market risk activities and ensuring the transactions are done within the risk tolerance and appetite as mentioned in our internal policy and also as per the RBI guidelines.

• Responsible for calculating the valuation of our Bank's investments portfolio every quarter as per the regulator's guidelines and any provision for Investments which need to be created has to be done on a regular basis.

• Responsible for preparation and reviewing of our Investment every half year as per the regulator's instruction and submission to the RBI within the due date.

• Preparation of details required for ICAAP document and providing it to Compliance team for

submission to the Regulator.

• To facilitate the concurrent audit and providing explanation and supporting details as required by the auditor.

• Co-ordination with the RBI Inspectors / Officials for regulatory inspection and providing the data as required by the RBI Inspectors.

• Nodal contact point between the local regulator / tax authorities and the Bank and any clarifications / details required by the local regulator / tax authorities has to be provided.

• Ensuring that the books of accounts of the Branch are maintained properly and make sure that the Balance Sheet, Income Statement & other ledger accounts are signed, bounded and maintained correctly as per the Head Office requirement.

• Coordinating for completion of Statutory Audit and publication of our Financial Results.

• Providing to the regulator various returns on daily, fortnightly, monthly, quarterly, and half yearly and yearly basis.

• Responsible for providing the branch details to the statutory auditors, concurrent auditors etc., without any delay and making sure for the smooth completion of audit.

• Ensuring that the details are provided pertaining to Income Tax audit, service tax audit, GST audit, other statutory audits etc., and ensure that all the details called for by all the statutory authorities are provided.

• Responsible for reporting of any major adverse happening in the Branch and also ensuring any frauds in the Branch to be reported immediately to the Top Management & Regulator.

• Responsible for calculation of Advance Tax payment to be made every quarter to the Income Tax Authority and make the payment within the due date.

• Responsible to review the Non-SLR Investments every quarter and also to provide the details to the Risk Management Committee.

• Responsible for making payment of Professional Tax and Company Tax Payment to the concerned authorities within the due date.

• Responsible for calculation of Advance Tax payment to be made every quarter to the Income Tax Authority and make the payment within the due date.


• CA/CWA/MBA-Finance

• 15 - 20 years of experience in Accounting, Finance, Taxation, Compliance & Risk Management

• Good understanding of Accounting concepts, tax guidelines & Compliance Requirements.

• Good knowledge of MS-Office

• Good communication and presentation skill

About Company


• The code- DGM –Market Risk
• Location Mumbai
• Present Salary/CTC
• Notice Period
• Scanned Passport Photo –

• To- " [HIDDEN TEXT] " - attn "DGM –Market Risk

DGM –Market Risk for a Foreign Bank in MUMBAI
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