Posted By
Posted in
Banking & Finance
Job Code
614515
Position is with one of the Leading Bank of India.
Job Title : Head - IFRS Implemenation/Basel & ICAAP
Grade : VP/Director
Location : BKC Mumbai
Job Description :
IFRS Implementation :
- In depth knowledge of IND AS/ IFRS guidelines.
- Knowledge of implementation of EAD, PD and LGD models and its calibration.
- Oversee implementation of IFRS at Overall Risk level.
- Knowledge of statistical models for application of advanced methodologies for capital computation. Suggest methods for modelling risk.
- Experience in financial modeling, application of statistics and mathematics in financial /non-financial products
- Overall Risk Coordinator to ensure that the risk management policies are updated as required by the IFRS guidelines
- Stay abreast of regulatory developments and industry best practices introducing revisions to framework as required.
Basel, ICAAP Stress Testing :
- Thorough understanding of regulations in relation to Capital Computations for Credit, Market and Operational Risk. Manage on-going capital computation, assessment, monitoring and reporting.
- Responsible for stress testing across various types of Pillar I and Pillar II risks by understanding bank's business, operating model and nature of risk the bank is exposed to.
- Optimize utilization of Capital across various risks and suggest alternatives for better capital management.
- Formulate policies for Capital Management and ICAAP, as are required from time to time.
- Assist Senior management in understanding risk, its measurement and control methodology.
- Knowledge and understanding of Banks's business, domestic and global trends and RBI guidelines. Highlight potential areas of risk which may lead to higher capital consumption.
- Ability to relate market/ economy knowledge and events to business and transactions so as to discern and present risks that impact business.
An Ideal Candidate should possess :
- Good understanding of :
a. RBI guidelines / Basel rules
b. International best practices
- Ability to operate and perform in a diverse environment
- Ensure high standards of confidentiality and ethics to safeguard commercially sensitive information.
- Ability to communicate effectively with Senior stakeholders and explain complex topics and that to a diverse range of audiences.
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
Banking & Finance
Job Code
614515