Job Title:  Deputy Manager | Counterparty Credit Risk exposure | Chennai | Regulatory & Financial Risk

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Your work profile

As a Deputy Manager in our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -

We are looking for a skilled Counterparty Credit Risk (CCR) Analyst with strong experience in CCR exposure and capital calculations, particularly in the context of Basel/CRR frameworks. The role requires a solid understanding of derivatives, risk mitigation techniques, and regulatory capital treatment. Prior experience in Indian banking or familiarity with India-specific regulatory environments will be an added advantage.

This position is part of a critical project, with a war room currently set up in Chennai, and requires professionals who can operate in a fast-paced, collaborative environment.

Key Responsibilities:

• Implement Counterparty Credit Risk exposure calculations including EAD, PFE, and CVA for derivatives and securities financing transactions.
• Hands-on on Regulatory Capital computation aligned with Basel/CRR guidelines, focusing on CCR-related components.
• Validate data sourced from multiple source systems and support in the aggregation or consolidation logic used in data warehouse to prepare the data at required granularity
• Collaborate with Product, Risk, Policy and IT BA teams to ensure correct implementation of CCR methodologies.
• Investigate discrepancies in capital metrics across platforms and provide data-driven justifications.
• Support in reviewing and validating CCR calculation logic in alignment with regulatory expectations.
• Prepare documentation including BRDs, FSDs, and validation artefacts and procure sign-off from relevant stakeholders

Skills & Qualifications:

• Strong understanding of Counterparty Credit Risk frameworks, exposure measurement techniques (SA-CCR, CEM, IMM), and RBI specific BASEL regulations.
• Hands-on experience with derivative products, netting, collateral, and margining concepts.
• Prior exposure to CCR engine implementation, Data sourcing, or Data warehouse projects.
• Solid knowledge of credit risk capital metrics (EAD, RWA, PFE, LGD, CVA).
• Experience with data analysis, reconciliation, and investigation using tools like SQL and Excel.
• Excellent documentation and communication skills.
• Preferred: Experience in Indian banking or familiarity with local regulatory reporting practices.

Desired qualifications

Any Graduate.

Location and way of working

• Base location: Chennai
• Hybrid is our default way of working. Each domain has customised the hybrid approach to their unique needs.

Your role

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In addition to living our purpose, Senior Executive across our organization must strive to be:

• Inspiring - Leading with integrity to build inclusion and motivation
• Committed to creating purpose - Creating a sense of vision and purpose
• Agile - Achieving high-quality results through collaboration and Team unity
• Skilled at building diverse capability - Developing diverse capabilities for the future
• Persuasive / Influencing - Persuading and influencing stakeholders
• Collaborating - Partnering to build new solutions
• Delivering value - Showing commercial acumen
• Committed to expanding business - Leveraging new business opportunities
• Analytical Acumen - Leveraging data to recommend impactful approach and solutions through the power of analysis and visualization
• Effective communication – Must be well abled to have well-structured and well-articulated conversations to achieve win-win possibilities
• Engagement Management / Delivery Excellence - Effectively managing engagement(s) to ensure timely and proactive execution as well as course correction for

the success of engagement(s)

• Managing change - Responding to changing environment with resilience
• Managing Quality & Risk - Delivering high quality results and mitigating risks with utmost integrity and precision
• Strategic Thinking & Problem Solving - Applying strategic mindset to solve business issues and complex problems
• Tech Savvy - Leveraging ethical technology practices to deliver high impact for clients and for Deloitte
• Empathetic leadership and inclusivity - creating a safe and thriving environment where everyone's valued for who they are, use empathy to understand others to adapt our behaviours and attitudes to become more inclusive. 

How you’ll grow

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