Assistant Manager - Financial Risk Management

Job Role:

Development and maintenance of risk management (Model Development & Validation) and control frameworks. Providing independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, monitoring and reporting on risk issues.

- Identification of ALM risk factors and assessment

- Providing relevant insights on ALM profile

- Develop and set operating limits in accordance with the policies of the client

- Undertake liquidity, IRRBB modelling and historical analysis, develop supporting assumptions and run the ALM modelling for various clients

- Validation of liquidity and IRRBB models

- Develop and ongoing maintenance of ALM policies, frameworks, monitoring tools and setting of limits

- Knowledge of funding concentration, NII simulation, Liability profile analysis, EVE and EaR simulations, basis risk and optionality

- Prepare and execute liquidity risk & testing scenarios

- Lead and drive enhancement projects required for liquidity and IRRBB

- Ensure timely delivery of ALM projects / change initiatives with quality, within approved time lines.

Job Requirements:

- B.Tech, CA, MBA finance or any other related quantitative discipline with about 3+ relevant post qualification ALM experience

- Understanding and experience in the area of ALM Risk, including Liquidity Risk and Interest Rate Risk, specifically LCR, NSFR, PR10

- Prior experience in managing and implementing ALM System, liquidity reporting. Model validation would be an advantage

- Respect for deadlines, ability to work with Clients

- Strong inter-personal, communication, presentation, analytical and problem solving skills

- Team spirit and collaboration

- System knowledge & Office skills: SQL, Excel, Word, PowerPoint. Python/SAS would be added advantage

THE INDIVIDUAL

- Exposure to treasury/credit risk IT systems will be preferred (e.g. SAS, Oracle, SPSS, Murex, Summit, Kondor Plus, Opics, OFSA, IPS Sendero, Sungard Adaptive, Calypso, Algo, Reveleus etc.)

- Sound working knowledge of Basel II Accord and related areas for credit and market risks

- Direct exposure to hedging in a corporate treasury environment would be a plus

- Sound understanding of financial modeling and econometrics will be preferred

- Should have prior experience in risk related areas, viz., credit, market/treasury, operational, commodity risks

- Should have strong communication skills with client facing experience