Liquidity Risk Management| Remote

Opening:
1 Nos.

Job ID:
44840

Employment Type:
Full Time

Reference:

Work Experience:
8.0 Year(s) To 12.0 Year(s)

CTC Salary:
25.00 LPA TO 30.00 LPA

Function:
Sales / BD

Location:

Mumbai

, Remote Work Allowed

Posted On:
25th Apr, 2024

Job Description:
• Independently drive and execute projects for banking and financial services firms in the Formatted: Justified area of Asset Liability Management covering s of Lliquidity and interest rate risk management, ILAAP, Liquidity stress testing, ALM and preferably Fund Transfer Pricing.
• Engage with clients (banks) at various levels and ensure project execution as per project plan 3
• Provide inputs in project planning and ensure project execution within agreed time and effort estimates
• Assist in system evaluation, selection and implementation for various systems
• Providing assistance on other risk management engagements in the BFSI space such as market risk and treasury engagements
• Assist in enhancing current solutions and/or developing new solutions based on market needs and client requirements
• To develop and process advanced risk management tools for monitoring and mitigating the various risks inherent in the ALM function and Liquidity Risk management functions
• To serve as a gatekeeper for all Asset Liability Management (ALM) related policy frameworks
• Developing and enhancing LRM, ILAAP, FTP frameworks and developing business and product performance measurement tools
• Assist in developing marketing collateral, Thought Leadership and proposals Key focus areas Liquidity risk management & ILAAP, Stress testing, ALM & FTP
• Advisory for design of ALM, LRM & FTP frameworks and related regulations
• Engage with clients to understand specific problem areas and deficiencies, if any, pertaining to ALM, LRM and FTP
• Recommend remedial action steps to address gaps identified
• Implementation of Basel regulations like LCR, NSFR, ILAAP and liquidity related Pillar 2 capital requirements
• Develop FTP mechanism for clients
• Develop policies, procedures and associated documents for Liquidity risk, ALM/FTP areas
• Develop business requirement specification document and Request for Proposal for ALM/FTP systems
• System implementation
• assistance to clients and vendors Provide end to end support to clients (banks) during the system implementation, providing functional inputs as and when required
• Assist vendors in implementation of the system through business requirement analysis and preparation of documentation on the basis of analysis conducted
• Assist vendors in data mapping and validation as well as in conducting User Acceptance Testing for the system
• Provide trainings and knowledge transfer sessions to users on an on-going basis
• Market leadership
• Assist in development of new solutions for the firm to provide to clients based on market requirements and service line strategy
• Develop Thought Leadership articles around solutions to create market awareness and visibility
• Participate in organizing symposiums, conferences etc. to create better brand and solution visibility Professional experience

Mandatory requirements
• Experience of 53 –6 4 years, working in a bank or a reputed consulting firm in the areas of Liquidity risk management, Liquidity reporting, ALM & FTP
• Comprehensive understanding of Asset Liability Management, Fund Transfer Pricing and Profitability frameworks
• Understanding of risk management metrics and methodologies for liquidity risk and interest rate risk, including Basel III ratios
• Knowledge of typical products offered by banks in India and GCC and cash-flow patterns corresponding to each product
• Experience in data requirement analysis, mapping and data validation
• Proficient in MS Office Suite – Excel, Word and PowerPoint, Ability to work with large data sets
• Ability to work with large data sets, SQL, knowledge of R/Python programming will be an advantage
• Knowledge of how to configure ALM/FTP systems would be an added advantage
• Moderate understanding of other Basel II and Basel III related aspects

Academic qualifications
• The ideal candidate would be an MBA/CA Engineering graduate with significant experience in ALM areas gained through working in a bank or consulting environment.
• Risk management related certifications such as FRP or PRM would be an added advantage; implementing frameworks and systems for LRM/ALM/FTP, market risk and/or Treasury
• Post-Graduation in Finance or other additional certifications such as FRM, PRM etc. would be an added advantage

Characteristics and competencies
• Ability to work comfortably at the highest levels of client organizations and interacting closely with high level executives in a range of environments
• Must possess an impressive executive demeanour, a team oriented and collaborative approach, and excellent presentation skills, including strong oral and writing capabilities

Key Skills :

Asset Liability Management

Alm

Fund Transfer Pricing

Ftp

Interest Rate Risk

Irrbb

Stress Testing

Ilaap

Company Profile

The rapidly changing regulatory landscape has increased the cost of compliance for banks & financial institutions worldwide. Most of these institutions are still clinging to rusty legacy technology because they are just "good enough" and still "work fine". The result is suboptimal automation leading to even more manual effort and cost.

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