ALM Specialist

Job Requirements

Role / Job Title – ALM Specialist

Department / Function – Retail Risk

Job Purpose

The role holder has the responsibility to supervise the development of the bank's balance sheet from a funding (including liquidity) and capital basis, in order to provide a view on the level of liquidity risk exposure relative to established risk appetite.

Roles And Responsibilities

• Identify, assess, complete, measure, report on and monitor risks associated with ALM, which include interest rate, equity, foreign exchange, credit and liquidity risks
• Provide recommendations, implements and updates ALM measurement and reporting metrics as enumerated in the ALM
• Maintain a clear understanding of the bank's Risk Management Policies associated with ALM work (various Investment policies, risk appetite, and stress testing) and ensures that those functions and the related guidelines are supportive of ALM requirements
• Liaise with Financial Control, ensure development of the gap statements for liquidity and profit rate sensitivity and regulatory submissions
• Develop liquidity contingency plan, assess the adequacy of ALM limits and propose an adequate liquidity risk appetite for management review and action
• Analyze financial statistical data quantitatively and qualitatively
• Ensure strict compliance of RBI and other regulatory guidelines
• Ensure a proper documentation system / mechanism is in place for effective storage and retrieval of information
• Supervise the preparation of timely and accurate liquidity risk MIS statements and reports to meet bank's and function requirements, policies and standards
• Present ideas via reports and presentations, outline findings and make recommendations for improvements
• Gather Latest Market intelligence and track and benchmark against best practices in competitor banks
• Capture and share best- practice knowledge amongst the team
• Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service
• Leverage in-house synergies through collaboration with internal stakeholders
• Create an environment that promotes collaborative learning and collective ownership of responsibilities

Educational Qualifications

Graduate – Any

Post Graduate- Any

Experience

7+ years of experience

Skills Required

Financial Control