Risk Associate - Balance Sheet Management - Consulting Firm

Risk Associate - Balance Sheet Management

Highlight of the engagement opportunity:

Nature of role: Full time

- Number of years of experience expected: 0-2 Years.

- Areas of part experienced preferred: Asset-liability management (ALM) / Liquidity risk / IRRBB / Fund-transfer pricing (FTP) / Risk consulting

- Educational qualification expected: bachelor's degree in commerce / Engineering / Economics / Statistics / Computer Science

- Additional certifications required: Actuarial science (Cleared more than 9 actuarial papers) / FRM / Chartered Financial Analyst (CFA) / Certificate in Quantitative Finance (CQF) / Chartered Accountant (CA)

- Preferred geography of previous work experience: India / Europe / APAC / US

- Language requirements: Ability to write and speak fluently in English.

- Technology proficiency preferred: Python / SQL / R / Bloomberg / Reuters / PowerBI / Experience with any ALM / treasury systems.

Selection process:

- We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows:

- Online Test: The online test is expected to evaluate your quant and actuarial skills and their application to real life situations.

- Interview: There are expected to be at least 3 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved.

- Final discussion on career and compensation: Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications you have during this discussion.

Key responsibility areas:

- Lead, manage and execute medium to large-scale system implementations in areas related to ALM, liquidity risk, interest rate risk, balance sheet management, FTP, ICAAP, regulatory capital etc. for banks, NBFCs, insurance companies and corporates across the globe.

- Lead, manage and execute several internal development initiatives as per the development roadmap Acies TechWorks's proprietary ALM and balance sheet management application in areas related to ALM, liquidity risk, IRRBB, quantitative modelling, balance sheet optimization, FTP & profitability analysis.

- Conduct and manage product demonstrations showcasing several functionalities of the application to several prospective and potential clients across the global BFSI industry.

- Develop new application functionalities / features using Python-based frameworks such as Flask, Django etc.

- Test GUI flow and accuracy of developed functionalities / features across the application

- Conduct research on functional methodologies and design prototype models pertaining to pricing, risk factor modelling, balance sheet projections and balance sheet management.

- Lead and / or assist in drafting / enhancing existing product documentation and collateral such as business requirement documents, functional specification documents, user manuals, demo presentations, test case repository etc.

- Independently drive day-to-day execution of assigned client projects and internal development initiatives

- Independently lead and mentor a team of associates / developers on a day-to-day basis

Other important information:

- Work permit requirements: Either Indian Citizen or having valid work permit to work in India

- Period of engagement: Full-time position

- Probation period: 6 months

- Compensation: Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.

- Performance incentives: Typically, all roles at Acies have a performance incentive. Specific aspects will be discussed during the compensation discussion

- Leave: 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.

- Other benefits: Other employment benefits including medical insurance will be informed during the compensation discussion.

- Career growth for full-time roles: Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.

- Career opportunities for part-time roles: Conversion of part-time roles to full-time roles depends on both performance of the individual and business needs. You are encouraged to ask about the prospects as you interact with Acies personnel during the selection process.

- Global mobility: Acies encourages mobility across our offices. Such mobility is, however, subject to business needs and regulations governing immigration and employment in various countries.

Preparation required:

- It is recommended that you prepare on the following aspects before the selection process:

- Strong knowledge of Asset-liability management, liquidity risk, interest rate risk, ICAAP, FTP, quantitative modelling and / or balance sheet management

- Basic / intermediate knowledge of Python and / or SQL

- Basic / intermediate functional understanding of financial markets and products (Equity, FX, Fixed-Income and Derivatives)

Note: Looking for immediate joiners. Above JD is for a product team role.