Manager - SAS - Balance Sheet Forecasting/Stress Testing Operations/Global Analytics

Manager (SAS) - Balancesheet Forecasting, Stress Testing Operations, Global Analytics

Job Description :

This role requires supporting stress test modelling team. Following responsibilities would form the core of day-to-day activities:

- Develop, implement, enhance and maintain enterprise-wide stress test models for forecasting bank's financial measures including balance sheet assets/liabilities and Pre-Provision Net Revenue.

- Be able to comprehend commercial bank's financial statements (including balance sheet & income statement) in view of different lines of business and product lines. Should be well versed with bank's annual reporting process based on IFRS accounting standards.

- Analysis of regional and global financial data for loans/leases and deposits, funding costs, limit utilization, interest income/expense, and non interest income/expense and be able to distinguish the effects of business strategy (idiosyncratic factors) and macro-economy (systematic factors). Critically investigate and evaluate information from internal /external data sources.

- Provide high quality and timely end-to-end analytical support to the internal clients covering project planning, data gathering, portfolio segmentation, identifying and developing suitable modeling techniques, documentation, execution, and results management.

This position will be of an individual contributor. Starting from existing set of models (for several Balance Sheet/Income statement Items), which are mostly judgmental and of very low level of sophistication, over a given period, team is expected to transform those into industry benchmark standards.

Qualifications/Requirements :

- Training or experience in building BAU or Stress models (time series models) while establishing macro-economic linkages with banks- financials.

- Knowledge of advanced financial modeling and the dynamics of Balance sheet/Income statement of financial institutions is desirable.

- Master's Degree in numerate subject, e.g. mathematics/ statistics/economics or equivalent experience. Chartered Accountants (CA) with hands on experience in financial modeling, preferably in banking sector.

- Candidates with CFA or partially completed CFA will be a positive.

- Excellent communication skill to handle Business Partners from finance department and global businesses is necessary.

- Knowledge of different banking products will be an add-on.

- Ability to convert business needs into modeling solutions.

- Familiarity with bank stress testing from an end to end perspective is helpful.

- Programming experience in SAS is needed to perform this role successfully.