Investment Risk

POSITION Investment Risk Business Unit: Mutual Fund Location: Mumbai Position Purpose: The Investment & 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. Principal Accountabilities: · Formulation and review of various risk & 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. · Validate completeness and accuracy of Data in the performance, risk and analytics tools. · Measure and analyze key risk metrics such as RelativeVaR, Factor exposure, Tracking Error, Active share, Information Ratio, duration, and Scenario analysis. · Monitor market 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-via internally defined and approved liquidity model on a monthly basis. · Creating process for identifying early warning signals and implementing process to deal with problems · Support development and maintenance of the firm’s investment risk framework and risk appetite statement · Analyze and provide risk input on new product proposals. Provide risk input on various due diligence reports. · 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 restrictions. · Implementation, regular checks and ongoing monitoring of POMA framework as per SEBI/ AMFI guidelines including but not limited to identification and investigation of market abuse alerts. · Conduct stress testing on all equity, debt and hybrid schemes based on predefined parameters on a regular basis. · Prepare risk reports, dashboards for various committees, discuss findings at Committee level and Board for implementation and closure · Execute independent risk assessments as a member of the second line of defense and provide regular reporting to senior management and the Board of Directors. · Review external events and emerging risks to ensure they are considered and managed accordingly by the first line of defense. · Incident escalation and closure of the same by putting adequate controls in place. · 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. FRM, CFA, preferred Preferred Industry Experience: · MBA, CA or a related discipline preferred. · 8 to 10 years of related experience in Investment risk and Market risk. · Prior Mutual Fund Risk Management related experience is preferred.