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Counterparty Risk management, Senior Associate, Fixed Income Division

Mumbai, India💼 Full-time🗓 2026-07-17 → 2026-07-30

Core

Senior Associate in Fixed Income Counterparty Risk managing exposures, margins, and analytics for Rates, FX, Commodities, and Repo businesses.

Role type

Senior Associate, Counterparty Risk (Fixed Income)

Builds

Risk analytics, margin methodologies, and stress testing frameworks for global Sales & Trading desks and hedge fund clients.

Domain

Financial Services / Fixed Income / Counterparty Risk

Deliverable

production ML models | dashboards & analysis | client delivery

Required skills

Fixed Income products (Interest Rate derivatives, FX, Commodities, Repo), Counterparty credit risk concepts, Exposure measurement methodologies, Collateral management, Margining frameworks, Initial Margin methodologies (ISDA SIMM, UMR), Quantitative modelling, Risk analytics, Python, SQL

Preferred skills

XVA, Structuring, Market Risk, Trading-related risk management processes

Technologies

Python, SQL

Responsibilities

Calculate and monitor Initial Margin requirements across Fixed Income, FX, Commodities, and Repo products; Investigate daily margin disputes and assess materiality; Monitor settlement fails and identify emerging counterparty or operational risks; Analyse daily stress loss and exposure metrics; Participate in real-time trade approval processes; Support the development and enhancement of counterparty risk methodologies; Represent Business Unit Risk Management in cross-functional initiatives.

Seniority

Mid-Senior, hands-on IC

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