SECTION I: ROLE INTRODUCTION

Job Title

Team Member Counterparty Risk

Reporting To

Unit Head Counterparty Risk

Job Code ID

NA

Business Unit

Risk Management

Grade/ Level

G7

Sub Business Unit

Market Risk

Management Band

Junior Management

Location

YBH, Santacruz

Section II: JOB ROLE SCOPE

Number of Direct Reports

0

Financial Metrics (Budget, Revenue, etc.)

- Total Team Size

10

SECTION III: PURPOSE OF THE ROLE To support the Counterparty Risk function by monitoring counterparty exposures, performing risk analysis, preparing regulatory and management reports, supporting stress testing, reviewing policies and processes, and ensuring compliance with RBI guidelines and the Bank’s risk management framework. The role contributes to effective management of counterparty credit risk arising from Treasury and derivative transactions while supporting strategic risk initiatives.

SECTION IV: KEY RESPONSIBILITIES & KPIS OF THE ROLE

Responsibilities

KPIs

Strategy and Planning

- Support implementation of the Bank’s Counterparty Risk framework and strategic initiatives.
- Assist in enhancing counterparty risk measurement methodologies and reporting processes.
- Participate in projects related to system upgrades, automation and new product implementation.
- Support implementation of regulatory and internal policy changes.
- Policies/Process Review
- MTM Monitoring, Reporting of MRP, ALCO, RMC and policy amendments
- Automation
- Preparation of Stess test Internal/external
- Ratescan and Min PnL
- By tightening the internal processes, review of existing processes
- Interacting with Stakeholders
- Statutory Report Submissions
- Updating knowledge base on the treasury products and co ordination with team members

Policies, Processes & Procedures

- Review and update Counterparty Risk policies, processes and operating procedures.
- Assist in incorporating regulatory changes into internal policies and frameworks.
- Ensure adherence to RBI guidelines, internal risk policies and governance standards.
- Maintain process documentation and standard operating procedures.

Business Development

- Support Treasury and Business teams by providing counterparty risk analysis for new products and transactions.




- Assist in strengthening risk management practices while enabling business growth.
- Participate in initiatives to improve operational efficiency and risk reporting.
- Support process automation and system enhancement projects.

Performance Monitoring & Reporting

- Monitor counterparty exposures, MTM positions and minimum P&L; thresholds.
- Prepare daily, weekly and monthly risk reports for Management, ALCO and Risk Management Committee.
- Support preparation and submission of internal and RBI stress testing reports.
- Monitor limit breaches and escalate exceptions in a timely manner.
- Ensure timely submission of statutory and regulatory reports.

Relationship Management

- Liaise with Treasury, Finance, Market Risk, Operations, Technology and Business teams for risk reporting and issue resolution.
- Coordinate with internal stakeholders to understand business requirements and implement risk solutions.
- Work closely with auditors and regulators during reviews and inspections.
- Build collaborative relationships across functions to support effective risk management.

Customer Relationship Management

- Provide timely risk information and analytical support to internal stakeholders.
- Respond promptly to business queries relating to counterparty exposures and risk reporting.
- Ensure delivery of accurate and timely risk reports to support decision-making.
- Maintain effective communication with internal customers on policy and reporting requirements.

Risk and Internal Control

- Ensure compliance with Counterparty Risk policies, RBI regulations and internal control standards.
- Support monitoring of counterparty limits and exposure controls.
- Assist in audit, regulatory inspections and timely closure of observations.
- Ensure accuracy and completeness of risk data used for reporting and analysis.
- Support implementation of process improvements to strengthen internal controls.

People Management





- Collaborate effectively with team members and cross-functional stakeholders.
- Share knowledge on counterparty risk practices, regulatory updates and reporting requirements.
- Support training and onboarding of current team members.
- Continuously enhance domain knowledge on Treasury products, derivatives and counterparty risk methodologies.

SECTION V: OPERATING NETWORK

Internal

- Unit Head – Counterparty Risk
- Head – Market Risk
- Treasury
- Finance
- Enterprise Risk Management
- Credit Risk
- Wholesale Credit Policy
- Operations
- Information Technology
- Compliance
- Internal Audit
- Risk Analytics Team

External

- Reserve Bank of India (RBI)
- External Auditors
- Rating Agencies
- Market Data Vendors
- Technology Vendors

SECTION VI: ROLE PROFILE REQUIREMENTS

Education

- Graduate in Finance, Commerce, Economics, Mathematics, Statistics or related discipline.
- MBA (Finance), CA, CFA, FRM or equivalent professional qualification preferred.
- Certification in Financial Risk Management or Treasury Risk is an added advantage.

Experience

- 3–6 years of experience in Counterparty Risk, Market Risk, Treasury Risk or Risk Management within Banking or Financial Services.
- Experience in counterparty exposure monitoring, MTM reporting and stress testing.
- Knowledge of Treasury products, derivatives, Basel Framework and RBI guidelines.
- Experience in regulatory reporting, risk analytics and policy review.
- Proficiency in MS Excel, SQL and risk reporting tools is preferred.

Competencies

CORE COMPETENCIES

LEADERSHIP/ BEHAVIORAL COMPETENCIES

- Counterparty Risk Management
- Treasury Risk
- MTM & Exposure Monitoring
- Derivatives & Treasury Products
- Stress Testing
- Regulatory Reporting
- RBI Guidelines
- Basel Framework
- Risk Analytics
- Policy & Process Review
- Data Analysis & MIS Reporting
- Automation & Process Improvement
- Stakeholder Management
- Risk Governance
- Internal Controls
- Analytical Thinking
- Attention to Detail
- Problem Solving
- Communication Skills
- Stakeholder Management
- Collaboration & Teamwork
- Planning & Organising
- Time Management
- Accountability
- Adaptability
- Learning Agility
- Customer Focus
- Continuous Improvement
- Integrity & Professional Ethics

📌 Team Member Counterparty Risk (Mumbai)
🏢 Yes Bank
📍 Mumbai