Acies Consulting - Product Specialist - Asset Liability Management

About Acies:

Acies is multi-national firm in the business of consulting, technology applications, content management and strategic investments. The firm has and continues to partner with leading players in the financial services and technology ecosystem with the objective of achieving tangible positive outcomes by solving complex challenges using new age technologies and practices. The firm also enters into strategic alliances through investments and partnerships with leading and upcoming global technology players that seek to address infrastructural complexities in the financial and technology marketplace through the use of new-age technologies and approaches.

Acies is headquartered in Mumbai, India and has offices in Singapore and Malaysia and is expanding its global presence in other countries in the Asia Pacific, Middle East and Africa.

The firm is seeking to engage highly motivated and talented people to support our growth and continue to deliver a positive impact to our clients and ecosystem. We are looking for people whose integrity and excellence can help propel the firm to greater heights.

The firm provides exceptional and equal opportunity for all applicants and employees without regard to race, religion, creed, color, national origin, gender, sexual orientation, age, marital status, physical or mental disability. We believe that our people should share in the success of our clients and our business.

For more information about the firm and its business, please visit www.acies.holdings ACIES, Acies Consulting, Acies TechWorks, Acies Ventures, Acies LightHouse, Kepler, Kore and Antares are registered trademarks of Acies Consulting LLP and its subsidiaries in India and/ or other countries

Highlight of the engagement opportunity:

- Nature of role: Full time

- Number of years of experience expected: 3-7 years

- Areas of past experience preferred: Asset-liability management (ALM) / Liquidity risk / IRRBB / Risk consulting

- Educational qualification required: Bachelor's degree in Engineering / Economics / Statistics / Mathematics

- Additional certifications required: Actuarial science (Cleared more than 9 actuarial papers) / FRM/ Certificate in Quantitative Finance (CQF) / Chartered Accountant (CA)

- Preferred geography of previous work experience: India / Europe / APAC / US

- Language requirements: Ability to write and speak fluently in English

- Technology proficiency preferred: Python / Experience with any ALM

Reporting:

Acies is a highly client focused and collaborative organization. Every person is assigned a counselor who is responsible for mentoring and providing career guidance. The counsellor is also the primary reporting and engagement point. Every person is assigned to a Business Leader and Geography Leader.

Business and Geography Leaders guide the person on business strategy and provide opportunities to work on diverse projects.

While people are assigned to a specific business line and geography, they are expected to work across business lines and geographies. People are expected to collaborate with a wide range of client and Acies personnel across levels and work as part of outcome-oriented teams.

Travel:

Acies is a global organization with clients and business interests across geographies. Travel for both short and long-term is expected for most roles. Specific requirements of travel for this role are as follows:

- Long-term travel (6-12 months a year) expected: Yes

- Short-term travel (Less than 4 months a year) expected: Yes

- Travel expected outside country of base location: Yes

- Relocation expectations to another country/ city: Yes

Travel is dependent on nature and location of projects as well as the role of specific people on the project.

Accordingly, travel requirements may change from time to time

Detailed expectations from role:

Key responsibility areas:

- Lead, manage and execute medium to large-scale system implementations in areas related to ALM, liquidity risk, interest rate risk, balance sheet management, ICAAP, regulatory capital etc. for banks, NBFCs, insurance companies and corporates across the globe

- Lead, manage and execute several internal development initiatives as per the development roadmap Acies TechWorks's proprietary ALM and balance sheet management application in areas related to ALM, liquidity risk and IRRBB

- Develop new application functionalities / features using Acies' proprietary no-code platform

- Test GUI flow and accuracy of developed functionalities / features across the application

- Conduct research on functional methodologies and design prototype models pertaining to pricing, risk factor modelling, balance sheet projections and balance sheet management

- Lead and / or assist in drafting / enhancing existing product documentation and collateral such as business requirement documents, functional specification documents, user manuals, demo presentations, test case repository etc.

- Independently drive day-to-day execution of assigned client projects and internal development initiatives

- Independently lead and mentor a team of associates / developers on a day-to-day basis

Key performance metrics:

- Adherence to client delivery, internal development and testing timelines

- Adherence to the firm's standards for processes and quality

- Adherence to internal KRAs and KPIs

- Client feedback

- Feedback from counselor and other team members

Other expectations:

- An "ownership attitude" whose passion for solving strategic issues and objectives along with leading a team has grown from their previous engagements in the role

- Strong analytical and presentation skills

- Strong business writing and oral communication skills

- Collaborative and partnership-oriented and ready to work as a team member/ leader

- Demonstrated ownership over deliverables and project engagement

- Ability to handle highly challenging and time-bound projects with a positive mindset

Other important information:

- Work permit requirements: Either Indian Citizen or having valid work permit to work in India

- Period of engagement: Full-time position

- Probation period: 6 months

- Compensation: Compensation varies depending on the skill, fitment and role played by the person.

Compensation discussions will take place post the selection process.

- Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussion

- Leave: 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.

- Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.

- Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.

- Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel during the selection process.

- Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.

Selection process:

We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:

- Interview: There are expected to be at least 3 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved.

- Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications you have during this discussion.

Preparation required:

It is recommended that you prepare on the following aspects before the selection process:

- Strong knowledge of Cashflow generation, Valuation and Sensitivity computations, Asset-liability management, liquidity risk and interest rate risk

- Basic / intermediate knowledge of Python and / or SQL

- Basic / intermediate functional understanding of financial markets and products (Equity, FX, Fixed Income and Derivatives)

For any additional queries you may have, you can connect with us at https://www.acies.consulting/contactus.php