Market Risk - ALM/FTP - Big4

Market Risk + ALM/FTP

Focus area of work

- Engage with clients (banks, NBFCs and financial institutions) at various levels and ensure project execution as per project plan

- Independently drive and execute projects for banking and financial services firms

- Provide inputs in project planning and ensure project execution within agreed time and effort estimates

- Assist in system evaluation, selection and implementation for various systems

- Providing assistance on other risk management engagements in the BFSI space such as market risk and treasury engagements

- Assist in enhancing current solutions and/or developing new solutions based on market needs and client requirements

- Assist in developing marketing collateral, Thought Leadership and proposals

Key areas of responsibility

Asset liability management (‘ALM’) and fund transfer pricing (‘FTP’)

1. Advisory for design of ALM & FTP framework

- Engage with clients to understand specific problem areas and deficiencies, if any, pertaining to ALM and FTP

- Recommend remedial action steps to address gaps identified

- Develop FTP mechanism for clients

- Develop policies, procedures and associated documents for ALM/FTP frameworks

- Develop business requirement specification document and Request for Proposal (“RFP’) for ALM/FTP systems

2. Vendor evaluation and selection for various systems (including ALM/FTP, market risk and/or treasury systems)

- Develop evaluation criteria for vendors evaluation

- Assist clients in conducting vendor demonstrations and final selection of vendors

3. System implementation assistance to clients and vendors

- Provide end to end support to clients (banks and financial institutions) and vendors during the system implementation, providing functional inputs as and when required

- Assist vendors in implementation of the system through business requirement analysis and preparation of FRS & SRS document on the basis of analysis conducted

- Assist vendors in data mapping and validation as well as in conducting User Acceptance Testing (‘UAT’) for the system

- Provide trainings and knowledge transfer sessions to users on an on-going basis

4. Market leadership

- Assist in development of new solutions for the firm to provide to clients based on market requirements and service line strategy

- Develop Thought Leadership articles around solutions to create market awareness and visibility

- Participate in organizing symposiums, conferences etc. to create better brand and solution visibility

Professional experience/Mandatory requirements

- Experience of 2 to 5 years, ideally in a software firm, with experience in implementing ALM/FTP solutions at least two financial institutions (ideally on behalf of system vendors)

- Experience in banks or other financial institutions would also be considered provided the candidate has hands-on experience of at least one ALM/FTP system implementation

- Comprehensive understanding of Asset Liability Management, Fund Transfer Pricing and Profitability frameworks

- Understanding of risk management metrics and methodologies for liquidity risk and interest rate risk, including Basel III ratios

- Knowledge of typical products offered by banks in India and cash-flow patterns corresponding to each product

- Experience of developing FRS and/or SRS documents based on business requirement analysis conducted

- Experience in data requirement analysis, mapping and data validation

- Experience of conducting UATs for system implementations

- Knowledge of how to configure ALM/FTP systems would be an added advantage

- Moderate understanding of Basel II and Basel III related aspects

Academic qualifications:

- The ideal candidate would be an Engineering graduate with significant experience in implementing systems for ALM/FTP, market risk and/or Treasury

- Post Graduation in Finance or other additional certifications such as FRM, PRM etc. would be an added advantage

Characteristics and competencies

- Ability to work comfortably at the highest levels of client organizations and interacting closely with high level executives in a range of environments

- Comfortable functioning in a broadly positioned role in a highly diverse service lines working across industry verticals

- Must possess an impressive executive demeanor, a team oriented and collaborative approach, and excellent presentation skills, including strong oral and writing capabilities

- Must possess demonstrated entrepreneurial instinct

- The individual must possess and demonstrate high integrity and credibility as perceived by all those with whom s/he will work

- Strong intellect coupled with proficient commercial instincts

- Diplomatic, flexible and have a good team approach.