Consultant - ICAAP and ERM - Mumbai, India - Acies

Description

Highlight of the engagement opportunity

• Nature of role: Full time
• Areas of past experience preferred: Risk modelling, Stress testing, Basel III, Risk governance and mitigation
• Educational qualification expected: Graduate/ Postgraduate
• Preferable additional certifications: FRM / CFA / MBA / CQF / Actuarial
• Application experience preferable: MS Excel, VBA, Python, R
• Preferred geography of previous work experience: India / Europe / APAC / US
• Language requirements: Ability to write and speak fluently in English

Key responsibility areas:

• Opportunity to work on ICAAP and ERM engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates.
• Demonstrate functional understanding and interface with clientele during engagements.
• Ability to analyze functional areas of a business and derive underlying risks for the business area
• Construct stress testing models, work across risk areas, and derive strategic sense from stress testing results
• Construct model documents to concisely communicate model methodology, stress testing assumptions and results along with governance and mitigations for the risk
• Participate in peer-review sessions for constructed risk models.
• Effectively communicate results and conclusions using powerpoint
• Clear communication skills to drive day to day client management and highlight key project risk areas to the team.
• Lead and drive day-to-day execution of assigned client projects.

Other important information:

• Work permit requirements: Either Indian Citizen or having valid works in India
• Period of engagement: Full time
• 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.

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:

• Personal interviews: There are expected to be at least 3 rounds of online 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.

Preparation required:

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

• Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance)
• Requirements of Basel III, CRAR computation and risks classified under Pillar 1 and Pillar 2 for a bank
• Knowledge requirements on stress testing and risk quantification models
• Basic knowledge on a financial institution's credit process, ALM process and treasury process to be able to effectively understand the risk areas for them.
• Financial statement analysis, balance sheet ratios
• Knowledge and understanding about capital adequacy and stress testing

For any additional queries you may have, you can send a InMail to us, connect with us at or e-mail us at .consulting.

How to reach us:

Should you wish to apply for this job, please reach out to us directly through or apply on our website career page -