Senior Subject Matter Expert - Enterprise Risk Management/Asset & Liability Management - ICAAP/ILAAP & Stress Testing

Description:

Job Summary

Solytics is seeking a highly experienced Enterprise Risk Management (ERM) and Asset & Liability Management (ALM) Subject Matter Expert with 8+ years of hands-on experience in ICAAP, ILAAP, Stress Testing, regulatory reporting, and risk policy formulation.

This role requires a strong leader who can independently lead projects, guide teams, collaborate with senior stakeholders, and drive continuous enhancements to risk management frameworks across the organization.

Key Responsibilities

Leadership & Project Management

- Lead end-to-end ICAAP, ILAAP, Stress Testing, and ERM-related projects, ensuring timely and high-quality deliverables.

- Guide and mentor team members, oversee task allocation, and ensure structured project execution.

- Coordinate cross-functional teams (Risk, Finance, Treasury, Data, Business Units) for data gathering, validation, and regulatory reporting.

- Drive continuous improvements in risk frameworks through proactive leadership and stakeholder engagement.

ERM, ICAAP, ILAAP & Stress Testing

- Formulate and review Risk Appetite Statements and related policies.

- Prepare ICAAP, ILAAP, and Stress Testing reports in line with regulatory guidelines.

- Document and update ICAAP/ILAAP policy changes and ensure compliance with RBI and BASEL III standards.

- Perform stress testing across business segments and document scenarios effectively.

- Strengthen existing risk appetite, ICAAP, ILAAP, and stress testing frameworks to align with evolving regulatory expectations.

- Communicate policy changes and data requirements to relevant departments.

Regulatory Reporting & Compliance

- Ensure proactive risk reporting to regulators, senior management, and ALCO.

- Interpret and implement regulatory updates, supervisory expectations, and industry best practices.

- Enhance MIS and reporting frameworks and ensure timely implementation of new guidelines.

- Address audit and regulatory queries with accurate and well-supported responses.

Key Requirements

- 8+ years of progressive experience in ICAAP, ILAAP, Stress Testing, and ERM frameworks.

- Strong understanding of Balance Sheet, P&L, and financial statement linkages.

- Sound knowledge of BASEL III, RBI regulations, and other regulatory guidelines.

- Experience working with data models, data mappings, and regulatory reporting structures.

- Strong understanding of banking products across both assets and liabilities.

- Excellent analytical, interpretative, and problem-solving abilities.

- Ability to lead projects independently and collaborate with teams across functions.

- Exceptional communication, interpersonal, and stakeholder management skills.

- High attention to detail and ability to interpret complex regulatory guidelines.