IRRBB Role - Bank

IRRBB Role

Hiring for a leading Bank for IRRBB role/Gurgaon only

What you'll do :

- To produce and review the Interest Rate Risk reports for assigned geographies, which includes Economic Value of Equity (EVE) report & Net Interest Income (NII) report. The process involves liaising with various onshore team members over email and phone. The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting.

- To setup QRM with the relevant parameters in order to produce NII forecasts in several economic environments

- To provide regions/sites with the information required in stress-tests

- Fill FDSF templates for actuals and forecasts

- Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making

- Analyze business performance and provide commentaries

- Acquire knowledge in banking/financial services

- Identify opportunities for development and drive changes independently

- Co-ordinate, work-closely with in-country finance teams across the globe

- Performance Standards as defined in SLA met or exceeded

- Customer Feedback

- Timely and accurate calculation of ratios and reporting of MI.

- Quality of the commentary

- Training & development of minimum 10 days per annum

- Re-engineering opportunities identified and implemented

- Minimal errors Six Sigma approach

- Weekly and monthly meetings scheduled and conducted

- Feedback on service delivery received from Business Area

Qualifications

What you will need to succeed in the role:

- Qualified CA (Chartered Accountant)/CWA /CPA /CFA/ MBA (Finance)/ PGDBM-Finance with at least 6+ years of post-qualification experience or commerce graduates with at least 8+ years of experience in accounting/financial reporting, management reporting, global consolidation, financial analysis within IFRS and IAS reporting framework

- Hands-on experience of Product Control reporting and reconciliation processes, or statistical/analytical surveys

- Deep understanding of Balance Sheet and P&L

- Strong attention to detail having strong analytical skills

- Good understanding of financial products and how they impact finance operations and more generically the banking business.

- Excellent working knowledge of MS related products i.e. Excel, Power Point, Access.

Global Exposure: Ability to interact with multiple cultures / multi-tasking.

What additional skills will be good to have?

- Basic knowledge of SQL database (preferable).

- Knowledge of QRM is a significant plus

- Experience in developing, documenting and reengineering processes.

- Strong communication skills and an ability to communicate complex ideas in a simple manner to a global audience.