Highlight of the engagement opportunity
Nature of role:
Full timeNumber of years of experience expected:
0-11+ YearsAreas of past experienced preferred: expected:
Consulting, Risk advisory services, Balance Sheet Management, Planning and Budgeting, Risk governance, internal controls, operational risk management, SOX reviews, compliance led reviews, regulatory reporting in the BFSI and/ or Consulting space, Compliance management, Third party risk management and GRC product development/ implementation, preferably in BFSI, CFO Advisory / Accounting Advisory / IFRS implementation / Product implementation / Hedge accounting Educational qualification expected:
CA, ACCA, BBA, BAF, BBI, BFM, B. Com, CA or MBA in FinancePreferable additional certifications:
Globally accepted certifications in IA & Risk managementPreferred geography of previous work experience:
India / Middle East / APAC / Europe / USLanguage requirements:
Ability to write and speak fluently in EnglishTechnology proficiency preferred:
SAP / GL systems / Python
Key responsibility areas:
Assist the team in executing BFSI and corporate client engagements with a focus on the following:
- Provide advisory and documentation to clients in financial services pertaining to process optimization and process improvements in line with their digital transformation requirements
- Undertake discussions with client business users to understand business requirements
- Assistance in documenting and performing UAT testing
- Design automation solutions related to business process optimization, data analytics and internal and regulatory reporting MIS in line with business requirements
- Serve banks and financial institutions by automating their business workflows
- Undertake project management services for ensuring smooth and timely closure on projects
- Drive the day-to-day execution of assigned projects.
- Work on no-code platforms such as MS Power Platform and Revolutio for designing automation applications
- Knowledge of banking set-up and various loan product and their characteristics including wholesale loans, auto loans, personal loans, mortgage finance, education loans, etc.
- Knowledge of Fund Transfer Pricing and associated pool wise profitability calculation
- Knowledge of budgeting methodologies adopted by financial services clients as part of strategic planning
- Knowledge of financial services capital planning and related regulatory requirements
- Undertake project management services for ensuring smooth and timely closure on projects.
- Evaluating the adequacy and effectiveness of policies, procedures, and controls
- Assist in the development of key risk and control indicators
- Review and development of risk ratings
- Assist in assessing risk, writing issues, and developing appropriate corrective actions
- Investigate root causes of operational risks and provide support to mitigate risk
- Evaluate changes in regulatory requirements and ensure clients business processes are enabled to ensure compliance with regulatory requirements
- Identification of Operational Risk Incidents and Loss events in line with Basel requirements
- Review and perform detailed Root Cause Analysis of critical events/ losses
- Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability, and compliance with all applicable regulations
- Develop strong relationship with key stakeholders by addressing concerns in a timely manner
- Keep abreast of latest operational risk management techniques and industry best practices
- Requirement understanding and documentation of requirements related to the functional areas.
- Play a techno functional role in the product team
- Use our no-code platform to develop/ configure the business requirements
- Assist in the development of key risk and control indicators and define the methodologies
- Undertake discussions with client business users to understand business requirements
- Design automation solutions related to business ORM, third party management and compliance management in line with business requirements
- Serve banks and Insurance by understanding of BFSI industry, regulations and risk management standards
- Undertake project management services for ensuring smooth and timely closure on projects
- Drive the day-to-day execution of assigned projects.
- Identification of Operational Risk Incidents and Loss events in line with Basel requirements.
- Assistance in documenting the test cases and performing UAT testing
- Creating product development roadmaps, define new functionalities and envision product roadmap to meet emerging market requirements in the relevant areas.
- Knowledge of risk management services and related regulatory requirements
- Keep abreast of latest operational risk management techniques and industry best practices
- Develop strong relationship with key stakeholders by addressing concerns in a timely manner
- Comfortable with technologies and technology platform
- Lead, and manage solution development in line with the business consulting outlook in the aforementioned subject matter areas
- Responsible for development of standard proposals, pitch decks in the subject matter area and engaging with the clients.
- Lead, manage and execute medium to large-scale accounting advisory projects with deep expertise • Ability to write technical / supervisory memos / advisory documentation.
- Ability to analyses financial statement and suggest treatment for different financial assets / liabilities under different accounting standards
- Provide advisory services to the client on accounting areas such as IFRS 9, IFRS 15, IFRS 16, IFRS 17 or equivalent local standards
- Accounting treatment for different products as per the local regulatory requirements and accounting standards
- Advise clients on high-profile mandates in the financial services space with regards to complex and strategic issues
- Independently drive day-to-day execution of assigned client projects and internal initiatives
- Independently lead and continuously develop and mentor the team involved in the delivery of these projects
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 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 hands-on experience and understanding of the financial services industry
- Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance)
- Financial statement analysis, balance sheet ratios
- Budgeting and capital planning
- Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance)
- Requirements of new accounting standards and changes from the previous versions for standards such as IFRS 9, IFRS 15, IFRS 16, IFRS 17 or their equivalent local standards
- Subject matter and sales expertise
Note: Looking for immediate joiners.
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 careers@acies.consulting.
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
