Consultant/Senior Consultant - Basel Committee on Banking Supervision - Big4

Opening for Consultant/Sr.Consultant- Big 4

Location : Mumbai/Pune

Business Unit Overview :

Risk and Finance Change team is involved in supporting Global risk and finance divisional teams in implementing various change and regulatory initiatives. Team is responsible for providing consulting, business analysis, testing and project management capabilities on Global Projects such as BCBS 239, FRTB, IFRS 9 etc.

Position Specifications :

- Experience 5+ years of relevant experience in Risk domain

- Qualification Graduate with Educational or working background in accounting and finance

Brief Description about Project :

- This opening is for BCBS 239 program. In January 2013, the Basel Committee on Banking Supervision published - Principles of effective risk data aggregation and risk reporting- entitled BCBS 239.

- In this paper, the regulatory authorities obligate eligible banks to better identify and manage their group-wide risks. The regulation lays down 11 guiding principles for risk data aggregation, reporting and governance which firms need to comply with.

Role & Responsibilities :

Business Analysis :

- Understanding business requirements through user requirements gathering sessions

- Mapping business requirements to Functional solutions

- Creating Functional specifications from which developers can create application solutions.

Functional Specification : Solution Prototype/ Working Model level specifications of all processing Implementation, User training and coordination for UAT, Coordination between regional technical teams and global development team, Regional support at implementation time.

- Take ownership of product delivery timelines and milestones typical tasks involve analysis of business requirement requests, definition of technical specifications, liaising with Development Team and Management to complete development, support of UAT, training and business level support at implementation.

- Candidate must be a good team player, have strong technical skills and be able to work flexible hours (including occasional weekend work).

Key Skills Required :

- Solid understanding of products - equity, derivatives assets, fixed income, FX

- Relevant knowledge and experience in Market Risk / Credit Risk domain.

- Good communication (including influencing & coordination), documentation and presentation skills.

- At least 5 years work experience, out of which at least 3 years in the financial services industry.

- Educational or working background in accounting and finance

- Ability to analyze data and present it to senior management and other stakeholders in a meaningful way.

- Prior experience of reporting project or data lineage.