Risk Management

Portfolio manager and risk manager were among highest paid job roles in the BFSI sector, which witnessed a 53 per cent growth in job postings during February 2020-2023, according to a report on Thursday. The highest paying job roles in the Banking, Financial Services and Insurance (BFSI) sector were portfolio manager, risk manager and investment banking analyst earning a yearly median salary of Rs 11,50,000, Rs 9,00,000 and Rs 7,00,000, respectively, a report by global job site Indeed said. During the February 2020-2023 period, some of the other job roles that featured in the top 10 list of highest salaries include finance manager, wealth manager and credit manager, it added. The report is based on an analysis on data from Indeed site during February 2020-February 2023. Further, the data revealed that the top five job roles with the highest percentage of job postings are bank officer (11.29 per cent), loan officer (5.27 per cent), financial analyst (4.46 per cent), finance manager

Globally, insurance is moving to a risk management and a risk service business. India also has to do the same

The two will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector

The US dollar was broadly weaker on Thursday as investors, encouraged prospect of a slower pace of interest rate hikes from the federal reserve, placed bets on riskier assets

ICAI CA November 2022 PQC-IRM exam postponed. Candidates can check the revised schedule on the official website of ICAI- icai.org

Under the new procedure, after processing BE data, Risk Management System (RMS) will generate a consolidated examination order for each selected BE based on potential risks.

The financial markets have more-or-less stamped out uncertainty, and that can offer a lesson for reducing agricultural risk

While the traditional market cap based mid-cap index has the ability to beat the large-cap index over the long term, it is also more volatile. In an interview with Sanjay Kumar Singh of Business Standard, Anil Ghelani, head of passive investments at DSP Investment Managers, explains how simple filters like return on equity, debt to equity ratio, and earnings consistency enhance return while cushioning downside risk. Watch this interview to understand how their latest smart-beta offering based on the Nifty MidCap 150 Quality 50 Index works.

Sebi on Friday extended the deadline till April 1 next year for implementing the risk management framework for mutual funds as well as the two-tier structure for benchmarking of certain categories of schemes. The implementation was to come into force from January 1, 2022. Meanwhile, the watchdog has come out with guidelines on usage of pool accounts by mutual funds as well as norms for investment in Bills Re Discounting Scheme (BRDS). All these decisions have been taken after receiving representations from the Association of Mutual Funds in India (AMFI). As per the rules, trustees and Asset Management Companies (AMCs) will have to ensure that the assets and liabilities of each scheme are segregated and ring-fenced from other schemes of a mutual fund. Also, bank accounts and securities accounts of each scheme should be segregated and ring-fenced. However, the securities or funds held in the pool accounts at mutual fund level are duly segregated scheme-wise and is appropriately ...

Analysts say while most SFBs set up robust networks the past 3-4 years, they were hit badly by Covid-19 pandemic, and will need time to ramp up CASA deposits and secured credit

While Rajendra Tathare is Chief Credit Officer, Rashmi Prasad is Head Analytics. Others include Mitul Budhbhatti, Manish Kumar, Surya V and Indiresh Phaltankar

CBK was looking for a modern, integrated treasury solution to help transform its treasury operations and offer new generation asset classes, enhance risk management, and ensure regulatory compliance

Enterprise information security and risk management spending in India is likely to increase by 9.5 per cent this year to $2.08 billion (about Rs 15,076 crore), according to Gartner

Gartner analysts spoke about how security and risk management leaders (CISOs) can advance their IT cybersecurity and risk strategy at the Gartner Security and Risk Management Summit India taking place

Currently, India has only 458 full-fledged actuaries. In 2019, there were 439 actuaries and in a year, that number has gone up by just 19

Knowing all the do's and don'ts of trading in regards to learning process and failures, one needs to be clearly focused on the risk management.

The exchange said it was continuously working on resolution of the problem and once the same was resolved, it made an announcement on re-opening of the markets

Avoid blanket extension of loan moratorium

The CBIC has issued detailed instructions appointing nodal commissioners for the purpose of administratively monitoring the assessment practice in respect of imported goods

While some have restricted intra-day leverages given to clients for trading, others have stopped trading in illiquid scrips