AVP - Asset Liability Management - Investment Bank

Leading Investment Bank in Chennai hiring for Asset Liability Management Specialist for Chennai Location

Designation - Manager / AVP

Job Location- Chennai

Job Title AVP- Asset Liability Management

Purpose of Department

As fallout of the financial crisis, along with the rest of the Banking industry is faced with increased Regulatory and Statutory reporting requirements. These changes directly impact Banking business across the globe. The Global Finance Centre (GFC) has initiated a programme of work to support the new challenges by being the team that implements liquidity reporting for the whole Group, including the setup of new liquidity indicators required in 2015 onwards.

At the same time, there is also a project underway to migrate the current - As Is- management reports around liquidity from non-G20 sites. The present roles and activities will be migrated with a view to standardizing, and then migrating the process to a common platform.

The purpose of this role is to lead this work streams for one of the regions.

Job Description

Operational Effectiveness & Control

- Carry out liquidity reporting, in order to provide business insight to the liquidity position of the entity. Interpret liquidity data and trends in terms of underlying business events & drivers, including product mix & volumes. This will include:

Quality assurance for ALM Reporting, through the investigation and resolution of unusual values & trends in ALM liquidity reporting

The interpretation of liquidity data & trends in business terms (e.g. product mix & volume), to provide business insight

Understand the interaction between asset and deposit liability portfolios within the balance sheet.

Provide required support to project team to assess gaps, design, test, develop and implement data identification & solutions to provide downstream applications.

Ensure ongoing data analysis support for seamless service delivery of global LR reports to various onshore partners to agreed service levels.

Standardize liquidity report production across sites.

Skills/Experience Required

- Experience in leading a team of Finance professionals in achieving time based delivery targets

- Exposure to Financial Control, and Reconciliations, with a strong grasp of reporting concepts.

- General understanding of financial products (specifically RBMM, GB&M ) and how they impact finance operations and more generically the banking business

- Excellent planning and organisational skills with ability to adapt to changing situations and to understand issues quickly. Working knowledge of Banking systems and understanding of relevant regulatory reporting framework preferable

- Strong attention to detail and solution oriented

- Complex analytical reasoning skills enabling appraisal of global reporting requirements.

- Knowledge of basic concepts of Liquidity (preferred, but not mandated).

- Ability to successfully manage customer relationships with multiple business partners

- Project management and migration experience preferred

- Excellent Communication and presentation skills - Both verbal and written

- Knowledge of, and experience in planning, organizing and problem solving techniques

- Ability to proactively identify issues and work towards resolution.

- Proficiency in MS - Office including Excel.

- Assertive, with a positive attitude and an open mind.

Interested candidates can call Zoya immediately on 9980104317 or apply