Asset Liability Management (ALM) Risk Analyst

Kotak Mahindra Bank

Mumbai/Bombay

Not disclosed

Work from Office

Full Time

Min. 3 years

Job Details

Job Description

Team Member - ALM-Support Services-Risk ALM

LevelManager/Senior Manager
DepartmentTeam Member - ALM
LocationMumbai
FunctionRisk Management Department is responsible for the development and maintenance of risk management and control frameworks. It provides independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, Risk Management Department is responsible for the monitoring and reporting on risk issues of the Bank. 
Responsibilities
  • Identification of ALM risk factors and its assessment on timely basis.
  • Provide ALCO and Top Management with relevant insights on ALM profile and implementation of ALCO directives
  • Develop and set operating limits, measure and monitor the risk level in accordance with the policies and limits in relation to Interest Rate risk in the Banking Book and Liquidity Risk
  • Undertake ALM modeling and historical analysis, develop supporting assumptions and run the ALM modeling in accordance with Policy.
  • Back testing and validation of ALM indicators, assumptions.
  • Develop and ongoing maintenance of ALM policies, frameworks, monitoring tools and reviews of limits and breaches.
  • Prepare reports and analysis specified by ALM (funding concentration, NII simulation, Liability profile analysis, EVE and EaR simulations, basis risk and optionality).
  • Prepare and execute liquidity risk & Interest rate risk stress testing scenarios.
  • Develop contingency funding plan, cash flow projection and modeling in accordance to latest best practices.
  • Monitor interest rate & liquidity risk at standalone legal entity level and consolidated group level.
  • Lead and drive enhancement projects required for ALM risk system.
  • Ensure timely delivery of ALM projects / change initiatives with quality, within approved time lines.

Competencies

 

  • Understanding and experience in the area of ALM Risk, including Liquidity Risk and Interest Rate Risk, specifically LCR, NSFR, IRRBB.
  • Prior experience in managing and implementing ALM System would be an advantage.
  • Organisation, respect of deadlines, ability to work with different departments (Treasury, Regulatory compliance, Risk, Finance).
  • Strong inter-personal, communication, presentation, analytical and problem solving skills.  
  • Team spirit and collaboration,
  • System knowledge: SQL, Excel, word, power point.
Education & Experience
  • CA, MBA finance or any other related quantitative discipline with about 3-5 years’ relevant post qualification ALM experience. 
Message to potential applicantsThis is an exciting and challenging opportunity to be an integral part of a team with high visibility and responsibility in the organization. The role provides excellent experience in various areas of ALM with significant scope for further development. If you are proactive, self-driven and a creative individual with strong quantitative skills, this might be the job for you. 

Job role

Work location

Mumbai, 1288-Mumbai - Kotak Infiniti-MAH, Kotak Infiniti, Building No. 21, Infinity Park, Mumbai, Maharashtra, India

Department

Risk Management & Compliance

Role / Category

Risk Management - Assessment / Advisory

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 3 years

About company

Name

Kotak Mahindra Bank

Job posted by Kotak Mahindra Bank

Apply on company website