ALM Specialist

As an ALM Specialist in the Retail Risk department, your main responsibility is to supervise the development of the bank's balance sheet from a funding and capital perspective. This includes providing insights on liquidity risk exposure compared to the established risk appetite. Your key roles and responsibilities will include: - Identifying, assessing, measuring, reporting, and monitoring risks associated with ALM such as interest rate, equity, foreign exchange, credit, and liquidity risks. - Providing recommendations and implementing updates to ALM measurement and reporting metrics as outlined in the ALM. - Maintaining a clear understanding of the bank's Risk Management Policies related to ALM work, including Investment policies, risk appetite, and stress testing guidelines. - Collaborating with Financial Control to develop gap statements for liquidity and profit rate sensitivity, and for regulatory submissions. - Developing liquidity contingency plans, assessing ALM limits adequacy, and proposing liquidity risk appetite for management review. - Analyzing financial statistical data both quantitatively and qualitatively. - Ensuring strict compliance with RBI and other regulatory guidelines. - Establishing an effective documentation system for information storage and retrieval. - Supervising the preparation of timely and accurate liquidity risk MIS statements and reports. - Presenting ideas, outlining findings, and making improvement recommendations through reports and presentations. - Staying updated with the latest market intelligence and benchmarking against competitor banks" best practices. - Sharing best-practice knowledge within the team and recommending process and policy improvements to drive operational efficiencies and enhance customer service quality. - Collaborating with internal stakeholders to leverage in-house synergies. - Fostering a collaborative learning environment and promoting collective ownership of responsibilities. In terms of educational qualifications, you should hold a Graduate degree and preferably a Post Graduate degree. Additionally, you are expected to have a minimum of 7 years of relevant experience in this field.,