Consultant/Sr Consultant - Asset Liability Management - Big4

We have an urgent opening for Consultant/ Sr. Consultant Asset Liability Management (ALM) with a leading Big 4 in Mumbai

Experience: 2-6 years

Qualification: MBA or equivalent Master's degree in Finance, Statistics, Economics or Mathematics from premium institutes required. Graduates (B.Tech / B.E) with relevant experience can also be considered.

Professional Certifications like the CFA and FRM will be an added plus

Location: Mumbai (Candidate willing to relocate to Mumbai can also apply)

Responsibility:

ALM

Experience in banks or other financial institutions for 3-6 years along

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

Hands-on experience of at least one ALM system implementation

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 systems would be an added advantage

Market Risk

Experience of working in a bank's treasury middle office or market risk function. They can also be from the financial risk consulting space.

The candidate should have thorough understanding of market risk related regulatory guidelines from RBI and Basel Committee on Banking Supervision (BCBS)

Knowledge of market risk management methodologies and knowledge of Internal Models Approach (- IMA- ) under Basel II

Experience of conducting qualitative and quantitative validation of the market risk framework for banks to assess IMA compliance as mandated by RBI

Knowledge of how to configure market risk systems

Candidate should have knowledge and understanding of the products traded in the Indian financial markets and their valuation methodologies

Understanding of quantification of market risk (VaR, Stress Testing etc).

The candidate should have experience in working on Basel II market risk implementation project.

Additional (desirable) areas of responsibility: Funds Transfer Pricing (- FTP- ) and Treasury Operations

B.1 Advisory for design of FTP framework (Functional)

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

Recommend remedial action steps to address gaps identified

Develop FTP mechanism for clients

Develop policies, procedures and associated documents for FTP frameworks

Develop business requirement specification document and Request for Proposal (- RFP- ) forFTP systems

B.2 Treasury Operations

Assist clients in re-designing their Treasury operations and scope of Treasury activities with a view to maximize Treasury income

Assist clients in system evaluation and selection (as detailed in Section A.3 above) and system implementation (as detailed in Section A.4 above)

B.3 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

Sheetal Gummula
Mindshare Consultants