Balance Sheet Management - Product Analyst (Intern)

Highlight of the engagement opportunity

• Nature of role: Full time internship (6-12 months) with option to convert
• Number of years of experience expected: 0-2 years
• Areas of past experience preferred: Quantitative modelling, Risk Management
• Educational qualification expected: Graduate/ Pursuing graduation
• Additional qualifications/ certifications required: None
• Minimum actuarial papers: Actuary certifications / degrees
• Preferred geography of previous work experience: India / Europe / APAC / US
• Language requirements: Ability to write and speak fluently in English
• Application experience preferable: Python, Advanced excel, PowerPoint
• Location: Mumbai, Goa

Key responsibility areas:

• Work with engagement teams to deliver on following functionalities on our proprietary application suite for Balance Sheet Management:

1.Asset Liability Management (ALM)

2.Interest Rate Risk in Banking Book (IRRBB)

3.Behavioral Modelling

4.Pillar 1 Risks (Market Risk, Credit Risk, Operational Risk)

5.Pillar 2 Risks (ICAAP)

6.Fund Transfer Pricing (FTP)

7.Profitability Analysis

• Understand client requirements and support during preparation of BRD, FSD documentation.
• Build python and excel models on risk analysis to validate models and assist with client user acceptance testing.
• Validate cashflow, valuation and sensitivity models using excel / python for banking and derivative products.
• Develop end to end functionalities for modelling macro-economic factors and market prices like Interest rate, Credit Spread, FX, Commodities and Volatility.
• Develop project execution and product collaterals.
• Adhere to development standards and protocols mandated by product organization.

Other important information:

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

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:

• Test: Online test on Python and quant methodologies
• 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:

• Demonstrate knowledge of Banking risks and quantification
• Demonstrate knowledge of Basel accordson Banking risk management
• Demonstrate proficiency in financial instrument valuation and risk assessment
• Demonstrate proficiency in statistical, econometrics and time seriesanalysis
• Demonstrate proficiency in use of back-end server-side languages like Python and database like MSSQL and PostgreSQL

For any additional queries you may have, you can send a LinkedIn InMail to us, connect with us at https://www.acies.consulting/contact-us.php or e-mail us at [HIDDEN TEXT]gs.

How to reach us:

Should you wish to apply for this job, please reach out to us directly through LinkedIn or apply on our website career page - https://www.acies.consulting/careers-apply.html