Project Manager -Credit Risk, ERM, ICAAP and Model Risk Management

Acies; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Benefits offered by this job

Medical insurance

Performance incentives

Leave 19 days per year

Global mobility opportunities

Job summary

Acies is seeking a senior risk advisory professional with 5–10 years of experience to lead advisory and system implementation engagements across credit risk, ERM, ICAAP and stress testing for banks, NBFCs, insurers and corporates.

The role requires fluent English, strong technical skills in Excel, VBA, SQL, PowerPoint, Python or R, and certifications such as FRM/CFA/CQF/Actuarial/CA. You will manage project delivery, mentor teams, and contribute to business development through proposals and RFPs.

Qualifications

• 5–10 years of experience in risk consulting and advisory.
• Experience with ICAAP, ERM, Basel II/III, stress testing and model risk management.
• Ability to lead engagements and interface with clientele.

Responsibilities

• Independently lead advisory and system implementation engagements for banks, NBFCs, insurers and corporates.
• Demonstrate strong understanding of Credit risk, ERM, ICAAP, Basel II/III and model risk management.
• Lead day-to-day execution of assigned client projects.
• Lead hiring and mentoring to upskill delivery teams.
• Design and monitor detailed project plans for assigned engagements.
• Report updates to project directors / business unit leader.
• Participate in designing proposals, RFP responses and pitches.

Skills

English fluency

Client interfacing

Stakeholder mgmt

Presentation skills

Education

FRM / CFA / CQF / Actuarial / CA certifications

Tools

MS Excel

VBA

SQL

PowerPoint

Python

R

Job description

• Number of yearsof experience expected:- 5 – 10 Years
• Areas of past experience preferred: Risk Consulting, Credit Risk, ERM, ICAAP,Stress testing and model risk management
• Preferable additional certifications: FRM / CFA / CQF / Actuarial / CA
• Preferred geography of previouswork experience: India / Europe / Middle-East / APAC / US
• Language requirements: Ability to write and speak fluently in English
• Application experience preferable: MSExcel, VBA, SQL, PowerPoint, Python, R, and / or other industry leading risk systems for ICAAP, ERM and model risk management

Key responsibility areas:

• Independently lead and manage advisory and system implementation engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates covering areas such as Credit risk, ERM, ICAAP, Basel II / III, model risk management, stress testing, capital adequacy assessment etc.
• Demonstrate strong functional understanding of subjects covering areas such as Credit risk, financial risk management, non-financial risk management, ERM, ICAAP, Basel II / III, model risk management etc. directly interface with clientele during engagements.
• Lead and drive day-to-day execution of assignedclient projects.
• Lead hiringand mentoring initiatives to expand and upskill execution and delivery team for engagements
• Design and monitor detailedproject plans for assigned engagements
• Directly report and provide detailed updates to project directors / business unit leader for all assigned engagements on an on-going basis
• Lead and actively participate in designing proposals, RFP responses and pitches for business development pursuits
• Development and review of models covering areas such as ERM, ICAAP, stress testing, Basel II / III, capital adequacy, MRM etc.
• Lead system implementation engagements covering aspects such as BRD creation, FSD review, system configuration, SIT, UAT and Go-live

Other important information:

• Work permit requirements: Either Indian Citizen or having valid work permit to work in India
• Period of engagement: Full-time position
• 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: 19 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:

• Interview: There are expected to be at least 2-3 rounds of 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 the following aspects before the selection process:

• Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance)
• Understanding of concepts related to credit risk, ERM, model risk management, ICAAP, stress testing and capital adequacy assessments